Call reports 2015
ANDOVER BANK, THE — 2015
What ANDOVER BANK, THE reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 349,588,000 | 353,759,000 | 353,717,000 | 400,138,000 |
| Total loans | 147,616,000 | 154,743,000 | 156,906,000 | 190,787,000 |
| Allowance for loan losses | 1,544,000 | 1,511,000 | 1,552,000 | 1,393,000 |
| Securities available for sale | 169,697,000 | 174,527,000 | 167,899,000 | 173,788,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 277,445,000 | 279,344,000 | 281,190,000 | 331,519,000 |
| Interest-bearing deposits | 211,330,000 | 208,622,000 | 209,183,000 | 249,272,000 |
| Noninterest-bearing deposits | 66,115,000 | 70,722,000 | 72,007,000 | 82,247,000 |
| Equity capital | 39,638,000 | 38,435,000 | 40,257,000 | 39,339,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 2,954,000 | 5,974,000 | 9,046,000 | 12,545,000 |
| Interest expense | 352,000 | 688,000 | 1,002,000 | 1,339,000 |
| Net interest income | 2,602,000 | 5,286,000 | 8,044,000 | 11,206,000 |
| Noninterest income | 694,000 | 1,401,000 | 2,162,000 | 2,926,000 |
| Noninterest expense | 2,409,000 | 4,828,000 | 7,199,000 | 10,569,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 887,000 | 2,051,000 | 3,295,000 | 3,861,000 |
| Income tax | 53,000 | 206,000 | 380,000 | 334,000 |
| Net income | 834,000 | 1,845,000 | 2,915,000 | 3,527,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,912,000 | 37,049,000 | 38,093,000 | 35,526,000 |
| Total capital | 38,456,000 | 38,560,000 | 39,645,000 | 36,919,000 |
| Risk-weighted assets | 159,112,000 | 165,671,000 | 165,086,000 | 188,063,000 |