Call reports 2005
ANDOVER BANK, THE — 2005
What ANDOVER BANK, THE reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 244,483,000 | 246,610,000 | 251,768,000 | 255,167,000 |
| Total loans | 127,948,000 | 129,632,000 | 133,843,000 | 134,292,000 |
| Allowance for loan losses | 1,439,000 | 1,387,000 | 1,344,000 | 1,334,000 |
| Securities available for sale | 95,535,000 | 96,133,000 | 100,335,000 | 101,079,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 211,967,000 | 213,935,000 | 222,193,000 | 228,450,000 |
| Interest-bearing deposits | 175,663,000 | 177,647,000 | 186,797,000 | 189,891,000 |
| Noninterest-bearing deposits | 36,304,000 | 36,288,000 | 35,396,000 | 38,559,000 |
| Equity capital | 22,749,000 | 23,447,000 | 23,750,000 | 22,387,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 3,008,000 | 6,054,000 | 9,282,000 | 12,606,000 |
| Interest expense | 865,000 | 1,779,000 | 2,785,000 | 3,916,000 |
| Net interest income | 2,143,000 | 4,275,000 | 6,497,000 | 8,690,000 |
| Noninterest income | 546,000 | 1,151,000 | 1,839,000 | 2,473,000 |
| Noninterest expense | 1,831,000 | 3,600,000 | 5,347,000 | 7,214,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 831,000 | 1,784,000 | 2,933,000 | 3,877,000 |
| Income tax | 165,000 | 373,000 | 644,000 | 850,000 |
| Net income | 666,000 | 1,411,000 | 2,289,000 | 3,027,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,149,000 | 23,230,000 | 24,107,000 | 23,129,000 |
| Total capital | 24,588,000 | 24,617,000 | 25,451,000 | 24,463,000 |
| Risk-weighted assets | 132,405,000 | 133,671,000 | 137,088,000 | 137,943,000 |