Call reports 2009
ANDOVER BANK, THE — 2009
What ANDOVER BANK, THE reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 267,363,000 | 263,477,000 | 270,121,000 | 279,131,000 |
| Total loans | 159,953,000 | 158,664,000 | 159,337,000 | 160,034,000 |
| Allowance for loan losses | 1,167,000 | 1,203,000 | 1,245,000 | 1,387,000 |
| Securities available for sale | 65,977,000 | 80,987,000 | 79,890,000 | 80,561,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 239,340,000 | 232,456,000 | 238,923,000 | 249,318,000 |
| Interest-bearing deposits | 199,375,000 | 190,481,000 | 196,027,000 | 203,242,000 |
| Noninterest-bearing deposits | 39,965,000 | 41,975,000 | 42,896,000 | 46,076,000 |
| Equity capital | 23,469,000 | 23,915,000 | 26,221,000 | 25,098,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 3,493,000 | 6,838,000 | 10,231,000 | 13,654,000 |
| Interest expense | 957,000 | 1,821,000 | 2,628,000 | 3,429,000 |
| Net interest income | 2,536,000 | 5,017,000 | 7,603,000 | 10,225,000 |
| Noninterest income | 691,000 | 1,497,000 | 2,356,000 | 3,208,000 |
| Noninterest expense | 1,850,000 | 4,051,000 | 6,182,000 | 8,551,000 |
| Provision for loan losses | 48,000 | 138,000 | 228,000 | 468,000 |
| Pretax income | 1,329,000 | 2,543,000 | 3,793,000 | 4,811,000 |
| Income tax | 327,000 | 607,000 | 890,000 | 1,093,000 |
| Net income | 1,002,000 | 1,936,000 | 2,903,000 | 3,718,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,151,000 | 22,964,000 | 24,303,000 | 24,199,000 |
| Total capital | 25,318,000 | 24,167,000 | 25,548,000 | 25,586,000 |
| Risk-weighted assets | 148,199,000 | 152,849,000 | 152,932,000 | 154,763,000 |