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BankSonar

The Andover Bank

Andover, OH · State member commercial bank

53

Sonar Score

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out of 100 · from public FDIC data

Reported March 31, 2026. The Sonar Score is an informational signal from public FDIC data — not a rating or financial advice.

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Key figures

Total assets
$602.1M
Total deposits
$562.7M
Branches
10
Return on assets
0.64%
Return on equity
10.39%
Charter type
State member commercial bank
Established
1884
FDIC cert #
10663

How the 53 breaks down

Capital adequacyweight 40%

Capital ratio not reported.

Profitability (ROA)weight 30%

Modest but positive returns.

Return on equityweight 15%

Efficient use of shareholder capital.

Scale & stabilityweight 15%

Community-scale institution.

Read the full Sonar Score methodology →

Your deposits at The Andover Bank

The Andover Bank is an FDIC-insured institution (Cert #10663). Deposits are insured up to $250,000 per depositor, per ownership category, by the full faith and credit of the US government. Learn how to maximize your coverage →

10 branch locations

212 W Plum St

Edinboro, PA 16412

1853 State Route 45

Austinburg, OH 44010

665 S Broadway

Geneva, OH 44041

150 N Chestnut St

Jefferson, OH 44047

339 State St

Conneaut, OH 44030

2420 Zimmerly Rd

Erie, PA 16506

1630 W 19th St

Ashtabula, OH 44004

6611 N Ridge Rd

Madison, OH 44057

53 E State St

Albion, PA 16401

19 Public Sq

Andover, OH 44003

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