Andover Bancorp Balance Sheet Health
Financial Health criteria checks 5/6
Andover Bancorp has total assets of $558.0M and total equity of $20.3M. Total deposits are $524.6M, and total loans are $266.5M.
Key information
27.5x
Asset to equity ratio
n/a
Net interest margin
| Total deposits | US$524.59m |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.06% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$29.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: ANDC's Assets to Equity ratio (27.5x) is very high.
Allowance for Bad Loans: ANDC has a sufficient allowance for bad loans (1005%).
Low Risk Liabilities: 98% of ANDC's liabilities are made up of primarily low risk sources of funding.
Loan Level: ANDC has an appropriate level of Loans to Assets ratio (48%).
Low Risk Deposits: ANDC's Loans to Deposits ratio (51%) is appropriate.
Level of Bad Loans: ANDC has an appropriate level of bad loans (0.1%).