Call reports 2002
ANDOVER BANK, THE — 2002
What ANDOVER BANK, THE reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 221,373,000 | 227,445,000 | 238,333,000 | 238,392,000 |
| Total loans | 108,794,000 | 108,560,000 | 111,318,000 | 113,820,000 |
| Allowance for loan losses | 1,575,000 | 1,563,000 | 1,560,000 | 1,550,000 |
| Securities available for sale | 64,956,000 | 68,948,000 | 71,178,000 | 70,047,000 |
| Securities held to maturity | 32,543,000 | 35,168,000 | 37,326,000 | 38,121,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 193,447,000 | 198,335,000 | 207,615,000 | 207,081,000 |
| Interest-bearing deposits | 162,160,000 | 165,165,000 | 174,197,000 | 174,096,000 |
| Noninterest-bearing deposits | 31,287,000 | 33,170,000 | 33,418,000 | 32,985,000 |
| Equity capital | 21,397,000 | 22,343,000 | 23,585,000 | 22,913,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 3,373,000 | 6,849,000 | 10,221,000 | 13,582,000 |
| Interest expense | 1,305,000 | 2,596,000 | 3,854,000 | 5,066,000 |
| Net interest income | 2,068,000 | 4,253,000 | 6,367,000 | 8,516,000 |
| Noninterest income | 343,000 | 723,000 | 1,250,000 | 1,850,000 |
| Noninterest expense | 1,625,000 | 3,236,000 | 4,825,000 | 6,570,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 814,000 | 1,816,000 | 2,875,000 | 3,894,000 |
| Income tax | 167,000 | 397,000 | 643,000 | 868,000 |
| Net income | 647,000 | 1,419,000 | 2,232,000 | 3,026,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,542,000 | 21,765,000 | 22,578,000 | 21,792,000 |
| Total capital | 22,920,000 | 23,145,000 | 24,041,000 | 23,250,000 |
| Risk-weighted assets | 110,082,000 | 110,216,000 | 116,903,000 | 116,554,000 |