FACTANKER · measured, cited, anchored official records connected

Call report 2024Q1

ANDOVER BANK, THE — 2024Q1

The 22 measures ANDOVER BANK, THE reported to the FFIEC for 2024Q1, each linked to its source filing.

PERIOD: 2024Q1SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/ed6fbcfe-df34-4e6f-916a-40ef05fa7093/2024Q1

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets554,046,000USDevidence →
Total loans266,618,000USDevidence →
Allowance for loan losses1,671,000USDevidence →
Securities available for sale225,378,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits521,000,000USDevidence →
Interest-bearing deposits384,909,000USDevidence →
Noninterest-bearing deposits136,091,000USDevidence →
Equity capital25,455,000USDevidence →

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

MeasureValueUnitSource
Interest income4,712,000USDevidence →
Interest expense1,177,000USDevidence →
Net interest income3,535,000USDevidence →
Noninterest income913,000USDevidence →
Noninterest expense3,568,000USDevidence →
Provision for loan losses11,000USDevidence →
Pretax income869,000USDevidence →
Income tax34,000USDevidence →
Net income835,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital53,625,000USDevidence →
Total capital55,156,000USDevidence →
Risk-weighted assets238,124,000USDevidence →