TellerScore

The Andover Bank is a state-chartered bank (fed member) headquartered in Andover, Ohio, in business for about 142 years. At the end of Q2 2026 it reported $595.1M in total assets and $553.1M in deposits, with 10 offices across 2 states.

Based on its Q2 2026 filing, The Andover Bank scores 72/100, which we describe as strong. That is higher than 50% of 2,650 banks with $100 million – $1 billion. Among 157 banks headquartered in Ohio, it ranks 63rd. Its strongest component is funding & liquidity (100/100; 51% loans-to-deposits, 13% uninsured), and its lowest is capital cushion (46/100; 9.63%).

TellerScore · Q2 2026

Scorecard

Capital cushion46/100
Tier 1 leverage ratio: 9.63%
Loan quality91/100
Noncurrent loans ÷ total loans: 0.26%
Earnings52/100
Return on assets (annualized): 0.79%
Funding & liquidity100/100
Loans ÷ deposits and uninsured-deposit share: 50.6% · 13.2% uninsured
Problem-loan coverage96/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 1.83%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

The score has been essentially flat from Q2 2025 to Q2 2026 (72 → 72).

TellerScore
697173Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202471
Q3 202470
Q4 202469
Q1 202570
Q2 202572
Q3 202573
Q4 202573
Q1 202672
Q2 202672
Tier 1 leverage ratio
5.00%7.38%9.75%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 20249.75%
Q3 20249.61%
Q4 20249.06%
Q1 20259.34%
Q2 20259.27%
Q3 20259.45%
Q4 20259.45%
Q1 20269.73%
Q2 20269.63%
Noncurrent loans
0.15%0.20%0.26%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20240.24%
Q3 20240.22%
Q4 20240.23%
Q1 20250.24%
Q2 20250.19%
Q3 20250.18%
Q4 20250.15%
Q1 20260.18%
Q2 20260.26%
Return on assets
0.60%0.72%0.84%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.60%
Q3 20240.63%
Q4 20240.63%
Q1 20250.64%
Q2 20250.81%
Q3 20250.84%
Q4 20250.83%
Q1 20260.64%
Q2 20260.79%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202672$595.1M9.63%0.26%0.79%50.6%
Q1 202672$602.1M9.73%0.18%0.64%49.1%
Q4 202573$587.0M9.45%0.15%0.83%50.0%
Q3 202573$586.7M9.45%0.18%0.84%50.2%
Q2 202572$574.9M9.27%0.19%0.81%49.6%
Q1 202570$566.8M9.34%0.24%0.64%49.4%
Q4 202469$565.6M9.06%0.23%0.63%49.2%
Q3 202470$583.1M9.61%0.22%0.63%48.3%
Q2 202471$557.7M9.75%0.24%0.60%50.3%

2,650 peers · $100 million – $1 billion

How it compares with peers

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio9.63%
24th
Total risk-based capital22.31%
90th
Problem loans0.26%
60th
Net charge-offs0.02%
40th
Return on assets0.79%
23rd
Net interest margin3.11%
13th
Efficiency ratio76.8%
18th
Loans to deposits50.6%
91st
Uninsured deposits13.2%
87th
Loan-loss reserves0.55%
4th
Texas ratio1.8%
59th

Similar-size banks in Ohio

InstitutionScoreAssetsCapitalProblem loansCompare
Kingston National BankBank Kingston, OH66 out of 100, Moderate$586.3M9.2%0.27%vs
Belmont Savings BankBank Bellaire, OH65 out of 100, Moderate$612.9M13.6%1.67%vs
First Federal Savings and Loan Association of LorainBank Lorain, OH60 out of 100, Moderate$573.8M10.4%0.41%vs
Buckeye State BankBank Powell, OH60 out of 100, Moderate$569.2M8.2%0.30%vs
Portage Community BankBank Ravenna, OH74 out of 100, Strong$552.2M10.8%0.27%vs
Greenville National BankBank Greenville, OH86 out of 100, Very strong$641.5M13.0%0.05%vs

Deposit insurance

Is my money safe at The Andover Bank?

Yes. The Andover Bank is an FDIC-insured institution (FDIC certificate #10663). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 13.2% of deposits ($73.2M) are above the $250,000 FDIC insurance limit, below the peer median of 24%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 9.63%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 22.31% (benchmark: 10%).

Check how much of your own balance is covered

10 locations

Branches

The Andover Bank lists 10 offices in 10 cities across 2 states. Most locations:

  • Albion, PA (1)
  • Andover, OH (1)
  • Ashtabula, OH (1)
  • Austinburg, OH (1)
  • Conneaut, OH (1)
  • Edinboro, PA (1)
  • Erie, PA (1)
  • Geneva, OH (1)
  • Jefferson, OH (1)
  • Madison, OH (1)

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, The Andover Bank reported 329 home-loan applications under HMDA (LEI 254900I3LJYL57NZ5H21): 243 originated ($36,735,000 total), 58 denied, and 23 withdrawn or closed by the applicant. Its denial rate on decided applications was 19.0%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Identity & history

Profile

Legal name
The Andover Bank
Type
State-chartered bank (Fed member)
FDIC certificate #
10663
RSSD ID
27614
Primary regulator
FED
Holding company
Andover Bcorp Inc
Established
November 1, 1884
Headquarters
19 Public Sq, Andover, OH 44003
Employees
92

Quick answers

The Andover Bank: common questions

Is The Andover Bank FDIC insured?

Yes. The Andover Bank is an FDIC-insured institution (FDIC certificate #10663). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is The Andover Bank's TellerScore?

72 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

Has The Andover Bank ever failed?

There is no failure record for FDIC certificate #10663 in the FDIC failed bank list.

How many branches does The Andover Bank have?

10 offices as of the latest FDIC data, in 2 states.

Nearby

Highest-scoring banks and credit unions with branches near Andover

InstitutionScoreAssetsCapitalProblem loansCompare
Lakeview Federal Credit UnionCredit union Ashtabula, OH85 out of 100, Very strong$155.1M13.0%0.26%vs
Community First Credit UnionCredit union Ashtabula, OH77 out of 100, Strong$99.8M14.0%1.69%vs
Greenville Savings BankBank Greenville, PA74 out of 100, Strong$342.7M12.8%0.17%vs
Bessemer System Federal Credit UnionCredit union Greenville, PA74 out of 100, Strong$47.3M11.7%0.65%vs
Marquette Savings BankBank Erie, PA73 out of 100, Strong$1.4B13.6%0.66%vs
CNB BankBank Clearfield, PA65 out of 100, Moderate$8.4B10.2%0.84%vs