Call reports 2010
ANDOVER BANK, THE — 2010
What ANDOVER BANK, THE reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 282,984,000 | 282,820,000 | 284,810,000 | 295,109,000 |
| Total loans | 158,396,000 | 158,110,000 | 153,381,000 | 160,256,000 |
| Allowance for loan losses | 1,424,000 | 1,414,000 | 1,499,000 | 1,428,000 |
| Securities available for sale | 90,973,000 | 100,175,000 | 95,508,000 | 110,098,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 252,110,000 | 253,920,000 | 254,372,000 | 254,128,000 |
| Interest-bearing deposits | 208,508,000 | 205,273,000 | 203,488,000 | 201,340,000 |
| Noninterest-bearing deposits | 43,602,000 | 48,647,000 | 50,884,000 | 52,788,000 |
| Equity capital | 26,286,000 | 27,014,000 | 28,294,000 | 26,301,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 3,286,000 | 6,651,000 | 10,055,000 | 13,422,000 |
| Interest expense | 742,000 | 1,486,000 | 2,159,000 | 2,831,000 |
| Net interest income | 2,544,000 | 5,165,000 | 7,896,000 | 10,591,000 |
| Noninterest income | 735,000 | 1,541,000 | 2,318,000 | 3,124,000 |
| Noninterest expense | 1,991,000 | 4,117,000 | 6,452,000 | 8,691,000 |
| Provision for loan losses | 90,000 | 180,000 | 270,000 | 330,000 |
| Pretax income | 1,198,000 | 2,624,000 | 3,707,000 | 4,887,000 |
| Income tax | 264,000 | 606,000 | 829,000 | 1,077,000 |
| Net income | 934,000 | 2,018,000 | 2,878,000 | 3,810,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,288,000 | 25,351,000 | 26,379,000 | 26,227,000 |
| Total capital | 26,712,000 | 26,765,000 | 27,878,000 | 27,655,000 |
| Risk-weighted assets | 155,060,000 | 155,475,000 | 151,330,000 | 157,528,000 |