Is Andover Bank Safe?
Andover Bank has a Bank Health Score of 93/100 (A), based on FDIC call report data. Its strongest factor is Tier 1 capital (100/100), while profitability is its weakest area (45/100).
Key Data
| Metric | Value | Score |
|---|---|---|
| Tier 1 Capital Ratio | 22.47% | 100/100 |
| Nonperforming Loan Ratio | 0.24% | 95/100 |
| Liquidity Ratio | 46.54% | 100/100 |
| Return on Assets | 0.63% | 45/100 |
| Total Assets | $0.6B | |
How does Andover Bank compare?
With a Bank Health Score of 93/100, Andover Bank sits 23.0 points above the national average of 70/100 for FDIC-insured banks. Within Ohio, where 144 FDIC-insured banks are headquartered, Andover Bank ranks above the state average of 67/100 (Grade B).
The bank's Tier 1 capital ratio of 22.47% is the federal regulator's headline measure of bank capital strength — it sits comfortably above the 8% "well-capitalized" threshold.Its nonperforming loan ratio of 0.24% is healthy — most loans are current.
What changed in the last year?
Over the last four quarters, Andover Bank's Bank Health Score fell by 2.0 points to 93/100. Tier 1 capital strengthened by 0.57 percentage points to 22.47%. Quarter-over-quarter, the score fell by 1.0 points.
Andover Bank has a Bank Health Score of 93/100 (A), based on FDIC call report data. Its strongest factor is Tier 1 capital (100/100), while profitability is its weakest area (45/100).