Call reports 2017
ANDOVER BANK, THE — 2017
What ANDOVER BANK, THE reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 405,987,000 | 407,488,000 | 413,426,000 | 410,640,000 |
| Total loans | 192,609,000 | 191,200,000 | 196,187,000 | 199,224,000 |
| Allowance for loan losses | 1,409,000 | 1,369,000 | 1,332,000 | 1,412,000 |
| Securities available for sale | 171,575,000 | 181,858,000 | 183,568,000 | 175,924,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 336,162,000 | 334,488,000 | 337,936,000 | 331,680,000 |
| Interest-bearing deposits | 244,247,000 | 240,013,000 | 244,432,000 | 244,697,000 |
| Noninterest-bearing deposits | 91,915,000 | 94,475,000 | 93,504,000 | 86,983,000 |
| Equity capital | 40,305,000 | 40,913,000 | 41,517,000 | 39,934,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 3,371,000 | 6,745,000 | 10,175,000 | 13,788,000 |
| Interest expense | 215,000 | 428,000 | 650,000 | 954,000 |
| Net interest income | 3,156,000 | 6,317,000 | 9,525,000 | 12,834,000 |
| Noninterest income | 736,000 | 1,488,000 | 2,236,000 | 2,966,000 |
| Noninterest expense | 2,959,000 | 5,766,000 | 8,517,000 | 11,575,000 |
| Provision for loan losses | 0 | 0 | 0 | 200,000 |
| Pretax income | 933,000 | 2,069,000 | 3,264,000 | 4,046,000 |
| Income tax | 98,000 | 266,000 | 454,000 | 181,000 |
| Net income | 835,000 | 1,803,000 | 2,810,000 | 3,865,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,058,000 | 38,167,000 | 38,692,000 | 36,998,000 |
| Total capital | 39,467,000 | 39,536,000 | 40,024,000 | 38,410,000 |
| Risk-weighted assets | 184,343,000 | 182,123,000 | 184,794,000 | 185,445,000 |