Andover State Bank
FDIC #16410
📍 Andover, Kansas
Andover State Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 11/26/1916. With assets of $188.30 Million, it operates 2 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: July 1, 2019
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
July 1, 2019
Satisfactory
August 1, 2013
Satisfactory
June 5, 2008
Satisfactory
💰 Financial Strength
Total Assets$188.30 Million
Total Deposits$166.80 Million
Equity Capital$14.98 Million
Net Income$1.06 Million
📈 Performance
ROA0.76%
ROE9.74%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established11/26/1916
FDIC Cert16410
Holding CoAndover Financial Corp
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday7:30 AM - 6:00 PM
Tuesday7:30 AM - 6:00 PM
Wednesday7:30 AM - 6:00 PM
Thursday7:30 AM - 6:00 PM
Friday7:30 AM - 6:00 PM
Saturday9:00 AM - 12:00 PM
SundayClosed
📜 Institutional History
1999
Relocation
Moved HQ to: 511 North Andover Road, Andover, KS 67002.