Call reports 2011
ANDOVER BANK, THE — 2011
What ANDOVER BANK, THE reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 307,805,000 | 320,238,000 | 325,764,000 | 326,995,000 |
| Total loans | 157,343,000 | 158,070,000 | 157,536,000 | 153,179,000 |
| Allowance for loan losses | 1,486,000 | 1,558,000 | 1,376,000 | 1,499,000 |
| Securities available for sale | 121,733,000 | 136,069,000 | 141,106,000 | 144,634,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 268,046,000 | 271,802,000 | 272,859,000 | 277,023,000 |
| Interest-bearing deposits | 214,632,000 | 212,703,000 | 217,375,000 | 217,875,000 |
| Noninterest-bearing deposits | 53,414,000 | 59,099,000 | 55,484,000 | 59,148,000 |
| Equity capital | 27,873,000 | 29,396,000 | 31,738,000 | 31,861,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 3,358,000 | 6,792,000 | 10,190,000 | 13,503,000 |
| Interest expense | 611,000 | 1,196,000 | 1,755,000 | 2,287,000 |
| Net interest income | 2,747,000 | 5,596,000 | 8,435,000 | 11,216,000 |
| Noninterest income | 791,000 | 1,618,000 | 2,516,000 | 3,361,000 |
| Noninterest expense | 2,392,000 | 4,553,000 | 6,829,000 | 9,497,000 |
| Provision for loan losses | 90,000 | 180,000 | 270,000 | 470,000 |
| Pretax income | 1,066,000 | 2,637,000 | 4,008,000 | 4,998,000 |
| Income tax | 180,000 | 525,000 | 799,000 | 939,000 |
| Net income | 886,000 | 2,112,000 | 3,209,000 | 4,059,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,210,000 | 27,586,000 | 28,422,000 | 28,360,000 |
| Total capital | 28,696,000 | 29,144,000 | 29,798,000 | 29,859,000 |
| Risk-weighted assets | 155,018,000 | 155,676,000 | 157,683,000 | 155,362,000 |