FACTANKER · measured, cited, anchored official records connected

Call report 2024Q2

ANDOVER BANK, THE — 2024Q2

The 22 measures ANDOVER BANK, THE reported to the FFIEC for 2024Q2, each linked to its source filing.

PERIOD: 2024Q2SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/ed6fbcfe-df34-4e6f-916a-40ef05fa7093/2024Q2

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets557,720,000USDevidence →
Total loans267,955,000USDevidence →
Allowance for loan losses1,647,000USDevidence →
Securities available for sale226,792,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits529,743,000USDevidence →
Interest-bearing deposits393,972,000USDevidence →
Noninterest-bearing deposits135,771,000USDevidence →
Equity capital24,339,000USDevidence →

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 income9,626,000USDevidence →
Interest expense2,523,000USDevidence →
Net interest income7,103,000USDevidence →
Noninterest income1,868,000USDevidence →
Noninterest expense7,217,000USDevidence →
Provision for loan losses-8,000USDevidence →
Pretax income1,762,000USDevidence →
Income tax81,000USDevidence →
Net income1,681,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital53,696,000USDevidence →
Total capital55,203,000USDevidence →
Risk-weighted assets238,954,000USDevidence →