Andover Bancorp Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	28.16	12.83	29.3	15.48	18.49
Investment Securities	96.38	94.21	98.46	114.79	129.07
Mortgage-Backed Securities	159.95	163.69	133.7	133.06	143.44
Total Investments	256.33	257.9	232.16	247.86	272.51
Gross Loans	274.79	265.05	268.15	276.69	261.77
Allowance for Loan Losses	-1.58	-1.61	-1.66	-1.36	-1.46
Net Loans	273.21	263.44	266.49	275.33	260.31
Property, Plant & Equipment	7	7.19	7.53	7.59	7.63
Goodwill	2.65	2.65	2.65	2.65	2.65
Other Intangible Assets	-	-	-	0.05	0.14
Accrued Interest Receivable	2.14	2.17	2.09	2.2	1.86
Long-Term Deferred Tax Assets	6.24	8.5	7.43	8.51	-
Other Real Estate Owned & Foreclosed	-	-	-	0.01	-
Other Long-Term Assets	11.32	10.91	10.36	11.52	11.13
Total Assets	587.06	565.58	558.02	571.2	574.72
Interest Bearing Deposits	376.27	374.78	365.46	370.96	358.64
Institutional Deposits	22.95	21.97	19.08	8.89	11.45
Non-Interest Bearing Deposits	145.04	136.48	140.05	144.99	134.71
Total Deposits	544.27	533.23	524.59	524.84	504.81
Current Portion of Long-Term Debt	-	-	-	-	10
Accrued Interest Payable	0.8	0.89	0.56	0.17	0.07
Long-Term Debt	9.96	9.9	9.85	9.8	9.75
Federal Home Loan Bank Debt, Long-Term	-	-	-	20	-
Long-Term Deferred Tax Liabilities	-	-	-	-	0.71
Other Long-Term Liabilities	3.59	3.87	2.73	2.7	2.89
Total Liabilities	558.61	547.89	537.74	557.51	528.22
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	73.23	70.38	68.77	66.84	63.55
Treasury Stock	-21.79	-20.96	-20	-19.56	-18.61
Comprehensive Income & Other	-25.4	-34.14	-30.89	-36	-0.85
Shareholders' Equity	28.45	17.69	20.28	13.68	46.5
Total Liabilities & Equity	587.06	565.58	558.02	571.2	574.72
Total Debt	9.96	9.9	9.85	29.8	19.75
Net Cash (Debt)	18.21	2.92	19.45	-14.32	-1.26
Net Cash Growth	523.07%	-84.97%	-	-	-
Net Cash Per Share	9.04	1.42	9.27	-6.73	-0.56
Filing Date Shares Outstanding	1.99	2.04	2.08	2.11	2.15
Total Common Shares Outstanding	1.99	2.04	2.08	2.11	2.15
Book Value Per Share	14.28	8.69	9.73	6.50	21.60
Tangible Book Value	25.8	15.04	17.63	10.98	43.71
Tangible Book Value Per Share	12.95	7.39	8.46	5.22	20.31

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