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The Andover Bank
The Andover Bank
| RSSD ID 27614 | CERTIFICATE 10663 | ABA NUMBER 41208719 |
| 19 Public Sq |
Quarter Ended : |
2025-09-30 |
| Andover, Ohio, 44003 |
Updated : |
2025-10-28 |
| 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 : |
90 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 586,705 |
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Total Interest Income | 16,504 |
| Total Liabilities | 552,498 |
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Total NonInterest Income | 2,910 |
| Total Bank Equity Capital | 34,207 |
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Total Interest Expense | 4,363 |
| Total Deposits | 548,925 |
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Total NonInterest Expense | 11,308 |
| Net Loans & Leases | 275,595 |
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Net Income | 3,633 |
| Loan Loss Allowance | 1,581 |
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Net Charge Offs | 27 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 59,106 |
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Total loans | 275,124 |
| Total assets for the leverage ratio | 609,342 |
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Loans secured by real estate: | 230,657 |
| Tier 1 Leverage Ratio | 9.45 |
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Commercial and industrial loans | 4,541 |
| Tier 1 Capital Ratio | 21.77 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 22.34 |
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Loans to individuals - Other | 3,395 |
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