Andover Bancorp Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	12.83	29.3	15.48	18.49	19.26
Investment Securities	94.21	98.46	114.79	129.07	106.62
Mortgage-Backed Securities	163.69	133.7	133.06	143.44	122.84
Total Investments	257.9	232.16	247.86	272.51	229.46
Gross Loans	265.05	268.15	276.69	261.77	255.94
Allowance for Loan Losses	-1.61	-1.66	-1.36	-1.46	-1.47
Net Loans	263.44	266.49	275.33	260.31	254.46
Property, Plant & Equipment	7.19	7.53	7.59	7.63	7.93
Goodwill	2.65	2.65	2.65	2.65	2.65
Other Intangible Assets	-	-	0.05	0.14	0.23
Accrued Interest Receivable	2.17	2.09	2.2	1.86	1.78
Long-Term Deferred Tax Assets	8.5	7.43	8.51	-	-
Other Real Estate Owned & Foreclosed	-	-	0.01	-	-
Other Long-Term Assets	10.91	10.36	11.52	11.13	10.98
Total Assets	565.58	558.02	571.2	574.72	526.75
Interest Bearing Deposits	374.78	365.46	370.96	358.64	312.36
Institutional Deposits	21.97	19.08	8.89	11.45	18.44
Non-Interest Bearing Deposits	136.48	140.05	144.99	134.71	124.47
Total Deposits	533.23	524.59	524.84	504.81	455.27
Current Portion of Long-Term Debt	-	-	-	10	7.5
Accrued Interest Payable	0.89	0.56	0.17	0.07	0.18
Long-Term Debt	9.9	9.85	9.8	9.75	-
Federal Home Loan Bank Debt, Long-Term	-	-	20	-	10
Long-Term Deferred Tax Liabilities	-	-	-	0.71	1.72
Other Long-Term Liabilities	3.87	2.73	2.7	2.89	3.27
Total Liabilities	547.89	537.74	557.51	528.22	477.94
Common Stock	0.81	0.81	0.81	0.81	0.81
Additional Paid-In Capital	1.6	1.6	1.6	1.6	1.6
Retained Earnings	70.38	68.77	66.84	63.55	59.79
Treasury Stock	-20.96	-20	-19.56	-18.61	-16.17
Comprehensive Income & Other	-34.14	-30.89	-36	-0.85	2.78
Shareholders' Equity	17.69	20.28	13.68	46.5	48.8
Total Liabilities & Equity	565.58	558.02	571.2	574.72	526.75
Total Debt	9.9	9.85	29.8	19.75	17.5
Net Cash (Debt)	2.92	19.45	-14.32	-1.26	1.76
Net Cash Growth	-84.97%	-	-	-	-
Net Cash Per Share	1.42	9.27	-6.73	-0.56	0.76
Filing Date Shares Outstanding	2.04	2.08	2.11	2.15	2.28
Total Common Shares Outstanding	2.04	2.08	2.11	2.15	2.28
Book Value Per Share	8.69	9.73	6.50	21.60	21.36
Tangible Book Value	15.04	17.63	10.98	43.71	45.92
Tangible Book Value Per Share	7.39	8.46	5.22	20.31	20.10

Source: S&P Global Market Intelligence. Banks template. Financial Sources.