Andover Bank is headquartered in ANDOVER and is the 50th largest bank in the state of Ohio. It is also the 1,607th largest bank in the nation. It was established in 1884 and as of June of 2023, it had grown to 93 employees at 10 locations. Andover Bank has a B health rating.
Overall | |
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FDIC Certificate # | 10663 |
Year Established | 1884 |
Employees | 93 |
Primary Regulator | FED |
Profit Margin | |
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Return on Assets - YTD | 0.77% |
Return on Equity - YTD | 19.61% |
Annual Interest Income | $8.7MM |
Assets and Liabilities | ||
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Assets | Q2 2023vs Q2 2022 | $559.1MM$582.7MM |
Loans | Q2 2023vs Q2 2022 | $273.3MM$272.8MM |
Deposits | Q2 2023vs Q2 2022 | $529.5MM$545.1MM |
Equity Capital | Q2 2023vs Q2 2022 | $21.7MM$24.8MM |
Loan Loss Allowance | Q2 2023vs Q2 2022 | $1.9MM$1.4MM |
Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $325.00K$376.00K |
Real Estate Owned | Q2 2023vs Q2 2022 | $40.00K$0 |
Rates for Andover Bank are currently being reviewed.
Albion Branches | ||
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Old Community National Bank Of North | 53 East State Street | Albion, PA 16401 |
Andover Branches | ||
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The Andover Bank | 19 Public Sq | Andover, OH 44003 |
Ashtabula Branches | ||
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Ashtabula Harbor Banking Center | 1630 West 19th Street | Ashtabula, OH 44004 |
Austinburg Branches | ||
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Austinburg Branch | State Route 45 and College Street | Austinburg, OH 44010 |
Conneaut Branches | ||
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Conneaut Banking Center | 339 State St | Conneaut, OH 44030 |
Edinboro Branches | ||
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Edinboro Branch | 212 Plum Street | Edinboro, PA 16412 |
Erie Branches | ||
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Millcreek Branch | 2420 Zimmerly Road | Erie, PA 16506 |
Geneva Branches | ||
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Geneva Branch | 665 South Broadway | Geneva, OH 44041 |
Jefferson Branches | ||
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Jefferson Banking Center Branch | 150 North Chestnut Street | Jefferson, OH 44047 |
Madison Branches | ||
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Madison Banking Center Branch | 6611 N Ridge Rd | Madison, OH 44057 |