Call reports 2006
ANDOVER BANK, THE — 2006
What ANDOVER BANK, THE reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 262,363,000 | 263,799,000 | 268,892,000 | 271,476,000 |
| Total loans | 133,876,000 | 135,959,000 | 138,915,000 | 144,648,000 |
| Allowance for loan losses | 1,365,000 | 1,367,000 | 1,352,000 | 1,204,000 |
| Securities available for sale | 103,582,000 | 108,294,000 | 111,040,000 | 106,660,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 235,740,000 | 237,889,000 | 241,013,000 | 243,633,000 |
| Interest-bearing deposits | 197,957,000 | 201,630,000 | 204,555,000 | 205,101,000 |
| Noninterest-bearing deposits | 37,783,000 | 36,259,000 | 36,458,000 | 38,532,000 |
| Equity capital | 22,534,000 | 21,811,000 | 23,694,000 | 23,462,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 3,348,000 | 6,871,000 | 10,576,000 | 14,311,000 |
| Interest expense | 1,294,000 | 2,811,000 | 4,516,000 | 6,260,000 |
| Net interest income | 2,054,000 | 4,060,000 | 6,060,000 | 8,051,000 |
| Noninterest income | 586,000 | 1,298,000 | 1,982,000 | 2,636,000 |
| Noninterest expense | 1,898,000 | 3,794,000 | 5,607,000 | 7,440,000 |
| Provision for loan losses | 30,000 | 60,000 | 60,000 | 135,000 |
| Pretax income | 713,000 | 1,505,000 | 2,376,000 | 2,989,000 |
| Income tax | 126,000 | 280,000 | 460,000 | 562,000 |
| Net income | 587,000 | 1,225,000 | 1,916,000 | 2,427,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,717,000 | 23,640,000 | 24,331,000 | 24,083,000 |
| Total capital | 25,082,000 | 25,007,000 | 25,683,000 | 25,287,000 |
| Risk-weighted assets | 139,708,000 | 142,401,000 | 144,552,000 | 148,635,000 |