What is The Andover Bank's financial health grade?

The Andover Bank has a TFS Financial Health Grade of D+ (score: 69.7/100). This grade is based on capital adequacy, asset quality, earnings, and consumer protection metrics.

How many branches does The Andover Bank have?

The Andover Bank has 10 branch locations across the United States.

Is The Andover Bank FDIC insured?

Yes, The Andover Bank is FDIC insured (Certificate #10663).

What are the total assets of The Andover Bank?

The Andover Bank has total assets of $587.0M as reported in its most recent FDIC filing.

The Andover Bank

BankAndover, Ohio

www.andover.bank

Total Assets

$587.0M

Total Deposits

$546.1M

Branches

Established

1884

TFS Health Grade

D+

69.7 / 100

Below average financial health

How we grade

The Andover Bank is a bank headquartered in Andover, Ohio, established in 1884. With $587.0M in total assets and 10 branch locations, it has a TFS Financial Health Grade of D+ (69.7/100).

Capital & Safety

Tier 1 Capital Ratio

9.45%(8%)

Total Capital Ratio

22.23%(10%)

Non-Performing Loan Ratio

0.15%

Profitability

Return on Assets (ROA)

0.83%(1%)

Return on Equity (ROE)

15.48%(10%)

Net Interest Margin

3.08%

Efficiency Ratio

76.04%(60%)

Lending & Liquidity

Total Loans

$274.8M

Loan-to-Deposit Ratio

50.03%

Net Charge-Off Ratio

0.01%

Growth

Asset Growth (YoY)

+3.78%

Deposit Growth (YoY)

+1.89%

Net Income

$4.8M

Data sourced from FDIC BankFind Suite / NCUA Call Reports as of 2025-Q4. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.

Branch	Address	City	State	Type
The Andover BankHQ	19 Public Sq	Andover	OH	11
The Andover Bank	1630 W 19th St	Ashtabula	OH	11
The Andover Bank	1853 State Route 45	Austinburg	OH	11
The Andover Bank	339 State St	Conneaut	OH	11
The Andover Bank	665 S Broadway	Geneva	OH	11
The Andover Bank	150 N Chestnut St	Jefferson	OH	11
The Andover Bank	6611 N Ridge Rd	Madison	OH	11
The Andover Bank	53 E State St	Albion	PA	11
The Andover Bank	212 W Plum St	Edinboro	PA	11
The Andover Bank	2420 Zimmerly Rd	Erie	PA	11

Data sourced from FDIC BankFind Suite. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.