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 The Andover Bank
The Andover Bank
| RSSD ID 27614 | CERTIFICATE 10663 | ABA NUMBER 41208719 |
| 19 Public Sq |
Quarter Ended : |
2025-03-31 |
| Andover, Ohio, 44003 |
Updated : |
2025-05-13 |
| www.andover.bank |
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| Institution Profile |
| Year Opened : |
1884 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FED |
| Member Federal Reserve : |
Yes |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Mortgage Lending Specialization |
| Number of Offices : |
10 |
Number of Employees : |
99 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 566,782 |
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Total Interest Income | 5,245 |
| Total Liabilities | 539,115 |
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Total NonInterest Income | 918 |
| Total Bank Equity Capital | 27,667 |
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Total Interest Expense | 1,522 |
| Total Deposits | 535,647 |
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Total NonInterest Expense | 3,743 |
| Net Loans & Leases | 264,848 |
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Net Income | 907 |
| Loan Loss Allowance | 1,591 |
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Net Charge Offs | 17 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 57,159 |
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Total loans | 266,383 |
| Total assets for the leverage ratio | 565,759 |
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Loans secured by real estate: | 216,203 |
| Tier 1 Leverage Ratio | 9.83 |
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Commercial and industrial loans | 4,021 |
| Tier 1 Capital Ratio | 21.87 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 22.47 |
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Loans to individuals - Other | 3,667 |
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:· The Andover Bank
