Call reports 2019
ANDOVER BANK, THE — 2019
What ANDOVER BANK, THE reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 402,493,000 | 419,569,000 | 427,903,000 | 427,157,000 |
| Total loans | 206,637,000 | 214,788,000 | 219,874,000 | 221,532,000 |
| Allowance for loan losses | 1,342,000 | 1,322,000 | 1,301,000 | 1,308,000 |
| Securities available for sale | 154,362,000 | 173,076,000 | 172,971,000 | 170,021,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 354,635,000 | 359,972,000 | 366,339,000 | 365,989,000 |
| Interest-bearing deposits | 274,088,000 | 273,443,000 | 277,053,000 | 278,111,000 |
| Noninterest-bearing deposits | 80,547,000 | 86,529,000 | 89,286,000 | 87,878,000 |
| Equity capital | 40,690,000 | 42,332,000 | 43,185,000 | 42,582,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 3,393,000 | 6,911,000 | 10,441,000 | 13,905,000 |
| Interest expense | 526,000 | 1,086,000 | 1,699,000 | 2,246,000 |
| Net interest income | 2,867,000 | 5,825,000 | 8,742,000 | 11,659,000 |
| Noninterest income | 738,000 | 1,554,000 | 2,445,000 | 3,260,000 |
| Noninterest expense | 2,839,000 | 5,617,000 | 8,439,000 | 11,180,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 763,000 | 1,759,000 | 3,198,000 | 4,174,000 |
| Income tax | 34,000 | 122,000 | 316,000 | 397,000 |
| Net income | 729,000 | 1,637,000 | 2,882,000 | 3,777,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,293,000 | 38,272,000 | 39,039,000 | 38,598,000 |
| Total capital | 39,635,000 | 39,594,000 | 40,340,000 | 39,906,000 |
| Risk-weighted assets | 186,897,000 | 192,137,000 | 198,125,000 | 198,001,000 |