Call reports 2018
ANDOVER BANK, THE — 2018
What ANDOVER BANK, THE reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 411,825,000 | 406,380,000 | 397,752,000 | 396,389,000 |
| Total loans | 210,356,000 | 209,792,000 | 208,589,000 | 204,545,000 |
| Allowance for loan losses | 1,391,000 | 1,387,000 | 1,388,000 | 1,342,000 |
| Securities available for sale | 168,667,000 | 162,791,000 | 156,309,000 | 158,666,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 343,157,000 | 330,432,000 | 343,722,000 | 327,742,000 |
| Interest-bearing deposits | 254,572,000 | 242,474,000 | 262,721,000 | 251,163,000 |
| Noninterest-bearing deposits | 88,585,000 | 87,958,000 | 81,001,000 | 76,579,000 |
| Equity capital | 38,663,000 | 37,134,000 | 36,789,000 | 38,237,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 3,434,000 | 6,929,000 | 10,396,000 | 13,831,000 |
| Interest expense | 336,000 | 687,000 | 1,062,000 | 1,474,000 |
| Net interest income | 3,098,000 | 6,242,000 | 9,334,000 | 12,357,000 |
| Noninterest income | 718,000 | 1,497,000 | 2,320,000 | 3,166,000 |
| Noninterest expense | 2,836,000 | 5,635,000 | 8,442,000 | 11,336,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 980,000 | 2,112,000 | 3,220,000 | 4,195,000 |
| Income tax | 70,000 | 163,000 | 260,000 | 331,000 |
| Net income | 910,000 | 1,949,000 | 2,960,000 | 3,864,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,124,000 | 37,163,000 | 37,842,000 | 37,541,000 |
| Total capital | 39,515,000 | 38,550,000 | 39,230,000 | 38,883,000 |
| Risk-weighted assets | 191,384,000 | 190,597,000 | 188,463,000 | 185,659,000 |