Call reports 2013
ANDOVER BANK, THE — 2013
What ANDOVER BANK, THE reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 328,323,000 | 319,416,000 | 331,841,000 | 324,458,000 |
| Total loans | 146,903,000 | 142,655,000 | 141,269,000 | 138,786,000 |
| Allowance for loan losses | 1,641,000 | 1,651,000 | 1,644,000 | 1,608,000 |
| Securities available for sale | 142,087,000 | 150,346,000 | 164,062,000 | 158,743,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 279,099,000 | 273,720,000 | 275,651,000 | 271,947,000 |
| Interest-bearing deposits | 217,292,000 | 214,091,000 | 213,730,000 | 209,475,000 |
| Noninterest-bearing deposits | 61,807,000 | 59,629,000 | 61,921,000 | 62,472,000 |
| Equity capital | 35,697,000 | 32,994,000 | 33,879,000 | 32,808,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 2,964,000 | 5,939,000 | 8,902,000 | 11,877,000 |
| Interest expense | 327,000 | 680,000 | 1,050,000 | 1,410,000 |
| Net interest income | 2,637,000 | 5,259,000 | 7,852,000 | 10,467,000 |
| Noninterest income | 887,000 | 1,744,000 | 2,719,000 | 3,551,000 |
| Noninterest expense | 2,231,000 | 4,574,000 | 6,906,000 | 9,359,000 |
| Provision for loan losses | 90,000 | 91,000 | 90,000 | 90,000 |
| Pretax income | 1,203,000 | 2,385,000 | 3,622,000 | 4,690,000 |
| Income tax | 214,000 | 413,000 | 619,000 | 763,000 |
| Net income | 989,000 | 1,972,000 | 3,003,000 | 3,927,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,512,000 | 32,610,000 | 33,548,000 | 33,542,000 |
| Total capital | 34,153,000 | 34,261,000 | 35,192,000 | 35,150,000 |
| Risk-weighted assets | 150,569,000 | 150,205,000 | 149,214,000 | 147,234,000 |