ANDOVER BANK has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan ANDOVER BANK EMPLOYEES STOCK PURCHASE PLAN
| Measure | Date | Value |
|---|
| 2023 : ANDOVER BANK EMPLOYEES STOCK PURCHASE PLAN 2023 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2023-12-31 | $-744,488 |
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $-744,488 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $2,700,143 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $2,904,292 |
| Total income from all sources (including contributions) | 2023-12-31 | $797,161 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $315,865 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $314,045 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $724,764 |
| Value of total assets at end of year | 2023-12-31 | $10,546,729 |
| Value of total assets at beginning of year | 2023-12-31 | $10,269,582 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $1,820 |
| Total interest from all sources | 2023-12-31 | $11,867 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $243,185 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $18,350 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $316,972 |
| Participant contributions at end of year | 2023-12-31 | $189,048 |
| Participant contributions at beginning of year | 2023-12-31 | $183,631 |
| Participant contributions at end of year | 2023-12-31 | $0 |
| Participant contributions at beginning of year | 2023-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $20,424 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-12-31 | $111,673 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-12-31 | $110,184 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2023-12-31 | $2,700,143 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2023-12-31 | $2,904,292 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $481,296 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $7,846,586 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $7,365,290 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $2,301,102 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $1,720,160 |
| Interest on participant loans | 2023-12-31 | $11,102 |
| Value of interest in common/collective trusts at end of year | 2023-12-31 | $1,903,930 |
| Value of interest in common/collective trusts at beginning of year | 2023-12-31 | $1,512,946 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-12-31 | $531,728 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2023-12-31 | $483,224 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2023-12-31 | $483,224 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-12-31 | $765 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $333,823 |
| Net investment gain or loss from common/collective trusts | 2023-12-31 | $228,010 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Assets. Invements in employer securities at end of year | 2023-12-31 | $5,509,208 |
| Assets. Invements in employer securities at beginning of year | 2023-12-31 | $6,253,695 |
| Contributions received in cash from employer | 2023-12-31 | $387,368 |
| Employer contributions (assets) at end of year | 2023-12-31 | $40 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $5,742 |
| Income. Dividends from common stock | 2023-12-31 | $224,835 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $314,045 |
| Contract administrator fees | 2023-12-31 | $1,820 |
| Did the plan have assets held for investment | 2023-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | PLANTE & MORAN, PLLC |
| Accountancy firm EIN | 2023-12-31 | 381357951 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2023-01-01 | $-744,488 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $-744,488 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $2,700,143 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $2,904,292 |
| Total income from all sources (including contributions) | 2023-01-01 | $797,161 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $315,865 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $314,045 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $724,764 |
| Value of total assets at end of year | 2023-01-01 | $10,546,729 |
| Value of total assets at beginning of year | 2023-01-01 | $10,269,582 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $1,820 |
| Total interest from all sources | 2023-01-01 | $11,867 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $243,185 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-01-01 | $18,350 |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $316,972 |
| Participant contributions at end of year | 2023-01-01 | $189,048 |
| Participant contributions at beginning of year | 2023-01-01 | $183,631 |
| Participant contributions at end of year | 2023-01-01 | $0 |
| Participant contributions at beginning of year | 2023-01-01 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $20,424 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-01-01 | $111,673 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-01-01 | $110,184 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2023-01-01 | $2,700,143 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2023-01-01 | $2,904,292 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $481,296 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $7,846,586 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $7,365,290 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $2,301,102 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $1,720,160 |
| Interest on participant loans | 2023-01-01 | $11,102 |
| Value of interest in common/collective trusts at end of year | 2023-01-01 | $1,903,930 |
| Value of interest in common/collective trusts at beginning of year | 2023-01-01 | $1,512,946 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-01-01 | $531,728 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-01-01 | $765 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $333,823 |
| Net investment gain or loss from common/collective trusts | 2023-01-01 | $228,010 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Assets. Invements in employer securities at end of year | 2023-01-01 | $5,509,208 |
| Assets. Invements in employer securities at beginning of year | 2023-01-01 | $6,253,695 |
| Contributions received in cash from employer | 2023-01-01 | $387,368 |
| Employer contributions (assets) at end of year | 2023-01-01 | $40 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $5,742 |
| Income. Dividends from common stock | 2023-01-01 | $224,835 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $314,045 |
| Contract administrator fees | 2023-01-01 | $1,820 |
| Did the plan have assets held for investment | 2023-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | PLANTE & MORAN, PLLC |
| Accountancy firm EIN | 2023-01-01 | 381357951 |
| 2022 : ANDOVER BANK EMPLOYEES STOCK PURCHASE PLAN 2022 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2022-12-31 | $148,897 |
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $148,897 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $2,904,292 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $2,589,521 |
| Total income from all sources (including contributions) | 2022-12-31 | $397,763 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $1,421,580 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $1,417,911 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $681,922 |
| Value of total assets at end of year | 2022-12-31 | $10,269,582 |
| Value of total assets at beginning of year | 2022-12-31 | $10,978,628 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $3,669 |
| Total interest from all sources | 2022-12-31 | $7,911 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $233,709 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $13,341 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $3,500,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $287,492 |
| Participant contributions at end of year | 2022-12-31 | $183,631 |
| Participant contributions at beginning of year | 2022-12-31 | $90,728 |
| Participant contributions at end of year | 2022-12-31 | $0 |
| Participant contributions at beginning of year | 2022-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $32,809 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $110,184 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $110,184 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $2,904,292 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $2,589,521 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-1,023,817 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $7,365,290 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $8,389,107 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Investment advisory and management fees | 2022-12-31 | $1,789 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $1,720,160 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $1,933,521 |
| Interest on participant loans | 2022-12-31 | $7,422 |
| Value of interest in common/collective trusts at end of year | 2022-12-31 | $1,512,946 |
| Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $2,289,877 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $483,224 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $449,405 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $449,405 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $489 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-437,658 |
| Net investment gain or loss from common/collective trusts | 2022-12-31 | $-237,018 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Assets. Invements in employer securities at end of year | 2022-12-31 | $6,253,695 |
| Assets. Invements in employer securities at beginning of year | 2022-12-31 | $6,104,798 |
| Contributions received in cash from employer | 2022-12-31 | $361,621 |
| Employer contributions (assets) at end of year | 2022-12-31 | $5,742 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $115 |
| Income. Dividends from common stock | 2022-12-31 | $220,368 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $1,417,911 |
| Contract administrator fees | 2022-12-31 | $1,880 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | PLANTE & MORAN, PLLC |
| Accountancy firm EIN | 2022-12-31 | 381357951 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2022-01-01 | $148,897 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $148,897 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $2,904,292 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $2,589,521 |
| Total income from all sources (including contributions) | 2022-01-01 | $397,763 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $1,421,580 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $1,417,911 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $681,922 |
| Value of total assets at end of year | 2022-01-01 | $10,269,582 |
| Value of total assets at beginning of year | 2022-01-01 | $10,978,628 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $3,669 |
| Total interest from all sources | 2022-01-01 | $7,911 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $233,709 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $13,341 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $3,500,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $287,492 |
| Participant contributions at end of year | 2022-01-01 | $183,631 |
| Participant contributions at beginning of year | 2022-01-01 | $90,728 |
| Participant contributions at end of year | 2022-01-01 | $0 |
| Participant contributions at beginning of year | 2022-01-01 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $32,809 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-01-01 | $110,184 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-01-01 | $110,184 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-01-01 | $2,904,292 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-01-01 | $2,589,521 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-1,023,817 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $7,365,290 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $8,389,107 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Investment advisory and management fees | 2022-01-01 | $1,789 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $1,720,160 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $1,933,521 |
| Interest on participant loans | 2022-01-01 | $7,422 |
| Value of interest in common/collective trusts at end of year | 2022-01-01 | $1,512,946 |
| Value of interest in common/collective trusts at beginning of year | 2022-01-01 | $2,289,877 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-01-01 | $483,224 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-01-01 | $489 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-437,658 |
| Net investment gain or loss from common/collective trusts | 2022-01-01 | $-237,018 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Assets. Invements in employer securities at end of year | 2022-01-01 | $6,253,695 |
| Assets. Invements in employer securities at beginning of year | 2022-01-01 | $6,104,798 |
| Contributions received in cash from employer | 2022-01-01 | $361,621 |
| Employer contributions (assets) at end of year | 2022-01-01 | $5,742 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $115 |
| Income. Dividends from common stock | 2022-01-01 | $220,368 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $1,417,911 |
| Contract administrator fees | 2022-01-01 | $1,880 |
| Did the plan have assets held for investment | 2022-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | PLANTE & MORAN, PLLC |
| Accountancy firm EIN | 2022-01-01 | 381357951 |
| 2021 : ANDOVER BANK EMPLOYEES STOCK PURCHASE PLAN 2021 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2021-12-31 | $297,795 |
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $297,795 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $2,589,521 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $2,883,828 |
| Total income from all sources (including contributions) | 2021-12-31 | $1,535,326 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $373,691 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $370,868 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $533,734 |
| Value of total assets at end of year | 2021-12-31 | $10,978,628 |
| Value of total assets at beginning of year | 2021-12-31 | $10,111,300 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $2,823 |
| Total interest from all sources | 2021-12-31 | $5,463 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $230,664 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $10,296 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $232,356 |
| Participant contributions at end of year | 2021-12-31 | $90,728 |
| Participant contributions at beginning of year | 2021-12-31 | $87,376 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $20,031 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $110,184 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $110,184 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $2,589,521 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $2,883,828 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $1,161,635 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $8,389,107 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $7,227,472 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Investment advisory and management fees | 2021-12-31 | $1,723 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $1,933,521 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $1,605,990 |
| Interest on participant loans | 2021-12-31 | $5,008 |
| Value of interest in common/collective trusts at end of year | 2021-12-31 | $2,289,877 |
| Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $2,071,529 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $449,405 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $429,219 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $429,219 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $455 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $309,517 |
| Net investment gain or loss from common/collective trusts | 2021-12-31 | $158,153 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Assets. Invements in employer securities at end of year | 2021-12-31 | $6,104,798 |
| Assets. Invements in employer securities at beginning of year | 2021-12-31 | $5,807,002 |
| Contributions received in cash from employer | 2021-12-31 | $281,347 |
| Employer contributions (assets) at end of year | 2021-12-31 | $115 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $0 |
| Income. Dividends from common stock | 2021-12-31 | $220,368 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $370,868 |
| Contract administrator fees | 2021-12-31 | $1,100 |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | PLANTE & MORAN, PLLC |
| Accountancy firm EIN | 2021-12-31 | 381357951 |
| 2020 : ANDOVER BANK EMPLOYEES STOCK PURCHASE PLAN 2020 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2020-12-31 | $-297,795 |
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $-297,795 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $2,883,828 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $3,136,672 |
| Total income from all sources (including contributions) | 2020-12-31 | $717,957 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $246,848 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $243,725 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $453,070 |
| Value of total assets at end of year | 2020-12-31 | $10,111,300 |
| Value of total assets at beginning of year | 2020-12-31 | $9,893,035 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $3,123 |
| Total interest from all sources | 2020-12-31 | $5,935 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $226,696 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $9,306 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $218,209 |
| Participant contributions at end of year | 2020-12-31 | $87,376 |
| Participant contributions at beginning of year | 2020-12-31 | $78,241 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $110,184 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $108,695 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-12-31 | $2,883,828 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $3,136,653 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $471,109 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $7,227,472 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $6,756,363 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $1,605,990 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $1,331,460 |
| Interest on participant loans | 2020-12-31 | $5,355 |
| Value of interest in common/collective trusts at end of year | 2020-12-31 | $2,071,529 |
| Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $1,830,904 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $429,219 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $438,575 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $438,575 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $580 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $208,040 |
| Net investment gain or loss from common/collective trusts | 2020-12-31 | $122,011 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Assets. Invements in employer securities at end of year | 2020-12-31 | $5,807,002 |
| Assets. Invements in employer securities at beginning of year | 2020-12-31 | $6,104,798 |
| Contributions received in cash from employer | 2020-12-31 | $234,861 |
| Employer contributions (assets) at end of year | 2020-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $362 |
| Income. Dividends from common stock | 2020-12-31 | $217,390 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $243,725 |
| Contract administrator fees | 2020-12-31 | $3,123 |
| Liabilities. Value of benefit claims payable at end of year | 2020-12-31 | $0 |
| Liabilities. Value of benefit claims payable at beginning of year | 2020-12-31 | $19 |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
| Accountancy firm name | 2020-12-31 | PLANTE & MORAN, PLLC |
| Accountancy firm EIN | 2020-12-31 | 381357951 |
| 2019 : ANDOVER BANK EMPLOYEES STOCK PURCHASE PLAN 2019 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $-1,122,687 |
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $-1,122,687 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $3,136,672 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $3,231,297 |
| Total income from all sources (including contributions) | 2019-12-31 | $116,578 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $482,198 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $480,018 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $491,190 |
| Value of total assets at end of year | 2019-12-31 | $9,893,035 |
| Value of total assets at beginning of year | 2019-12-31 | $10,353,280 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $2,180 |
| Total interest from all sources | 2019-12-31 | $4,249 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $228,779 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $11,389 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $3,500,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Contributions received from participants | 2019-12-31 | $228,029 |
| Participant contributions at end of year | 2019-12-31 | $78,241 |
| Participant contributions at beginning of year | 2019-12-31 | $59,031 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $7,403 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $108,695 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $108,695 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2019-12-31 | $3,136,653 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $3,231,297 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $-365,620 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $6,756,363 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $7,121,983 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $1,331,460 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $1,025,557 |
| Interest on participant loans | 2019-12-31 | $3,414 |
| Value of interest in common/collective trusts at end of year | 2019-12-31 | $1,830,904 |
| Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $1,507,941 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $438,575 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $423,818 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $423,818 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $835 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $271,346 |
| Net investment gain or loss from common/collective trusts | 2019-12-31 | $243,701 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Assets. Invements in employer securities at end of year | 2019-12-31 | $6,104,798 |
| Assets. Invements in employer securities at beginning of year | 2019-12-31 | $7,227,485 |
| Contributions received in cash from employer | 2019-12-31 | $255,758 |
| Employer contributions (assets) at end of year | 2019-12-31 | $362 |
| Employer contributions (assets) at beginning of year | 2019-12-31 | $753 |
| Income. Dividends from common stock | 2019-12-31 | $217,390 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $480,018 |
| Contract administrator fees | 2019-12-31 | $2,180 |
| Liabilities. Value of benefit claims payable at end of year | 2019-12-31 | $19 |
| Liabilities. Value of benefit claims payable at beginning of year | 2019-12-31 | $0 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Unqualified |
| Accountancy firm name | 2019-12-31 | PLANTE & MORAN, PLLC |
| Accountancy firm EIN | 2019-12-31 | 381357951 |
| 2018 : ANDOVER BANK EMPLOYEES STOCK PURCHASE PLAN 2018 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2018-12-31 | $-366,287 |
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $-366,287 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $3,231,297 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $2,129,803 |
| Total income from all sources (including contributions) | 2018-12-31 | $364,575 |
| Total loss/gain on sale of assets | 2018-12-31 | $0 |
| Total of all expenses incurred | 2018-12-31 | $1,927,258 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $1,913,396 |
| Expenses. Certain deemed distributions of participant loans | 2018-12-31 | $11,642 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $509,791 |
| Value of total assets at end of year | 2018-12-31 | $10,353,280 |
| Value of total assets at beginning of year | 2018-12-31 | $10,814,469 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $2,220 |
| Total interest from all sources | 2018-12-31 | $4,203 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $332,962 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $9,855 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $3,500,000 |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Contributions received from participants | 2018-12-31 | $234,199 |
| Participant contributions at end of year | 2018-12-31 | $59,031 |
| Participant contributions at beginning of year | 2018-12-31 | $76,653 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $10,500 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-12-31 | $108,695 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2018-12-31 | $3,231,297 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2018-12-31 | $2,129,803 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $-1,562,683 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $7,121,983 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $8,684,666 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $1,025,557 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $1,099,777 |
| Interest on participant loans | 2018-12-31 | $3,341 |
| Value of interest in common/collective trusts at end of year | 2018-12-31 | $1,507,941 |
| Value of interest in common/collective trusts at beginning of year | 2018-12-31 | $1,586,380 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $423,818 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $457,887 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $457,887 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $862 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-81,973 |
| Net investment gain or loss from common/collective trusts | 2018-12-31 | $-34,121 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Assets. Invements in employer securities at end of year | 2018-12-31 | $7,227,485 |
| Assets. Invements in employer securities at beginning of year | 2018-12-31 | $7,593,772 |
| Contributions received in cash from employer | 2018-12-31 | $265,092 |
| Employer contributions (assets) at end of year | 2018-12-31 | $753 |
| Employer contributions (assets) at beginning of year | 2018-12-31 | $0 |
| Income. Dividends from common stock | 2018-12-31 | $323,107 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $1,913,396 |
| Contract administrator fees | 2018-12-31 | $2,220 |
| Did the plan have assets held for investment | 2018-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Unqualified |
| Accountancy firm name | 2018-12-31 | PLANTE & MORAN, PLLC |
| Accountancy firm EIN | 2018-12-31 | 381357951 |
| 2017 : ANDOVER BANK EMPLOYEES STOCK PURCHASE PLAN 2017 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2017-12-31 | $190,565 |
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $190,565 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $2,129,803 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $524,617 |
| Total income from all sources (including contributions) | 2017-12-31 | $1,164,922 |
| Total loss/gain on sale of assets | 2017-12-31 | $0 |
| Total of all expenses incurred | 2017-12-31 | $1,520,384 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $1,517,874 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $530,220 |
| Value of total assets at end of year | 2017-12-31 | $10,814,469 |
| Value of total assets at beginning of year | 2017-12-31 | $9,564,745 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $2,510 |
| Total interest from all sources | 2017-12-31 | $4,780 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $114,130 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $8,413 |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $3,500,000 |
| If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Contributions received from participants | 2017-12-31 | $254,859 |
| Participant contributions at end of year | 2017-12-31 | $76,653 |
| Participant contributions at beginning of year | 2017-12-31 | $65,385 |
| Participant contributions at end of year | 2017-12-31 | $0 |
| Participant contributions at beginning of year | 2017-12-31 | $1,599 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $90,925 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2017-12-31 | $2,129,803 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2017-12-31 | $524,617 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Value of net income/loss | 2017-12-31 | $-355,462 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $8,684,666 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $9,040,128 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $1,099,777 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $2,069,585 |
| Interest on participant loans | 2017-12-31 | $3,834 |
| Value of interest in common/collective trusts at end of year | 2017-12-31 | $1,586,380 |
| Value of interest in common/collective trusts at beginning of year | 2017-12-31 | $458,140 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $457,887 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $468,413 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $468,413 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $946 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $249,869 |
| Net investment gain or loss from common/collective trusts | 2017-12-31 | $75,358 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Assets. Invements in employer securities at end of year | 2017-12-31 | $7,593,772 |
| Assets. Invements in employer securities at beginning of year | 2017-12-31 | $6,403,200 |
| Contributions received in cash from employer | 2017-12-31 | $275,361 |
| Employer contributions (assets) at end of year | 2017-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2017-12-31 | $7,498 |
| Income. Dividends from common stock | 2017-12-31 | $105,717 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $1,517,874 |
| Contract administrator fees | 2017-12-31 | $2,510 |
| Did the plan have assets held for investment | 2017-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Unqualified |
| Accountancy firm name | 2017-12-31 | PLANTE & MORAN, PLLC |
| Accountancy firm EIN | 2017-12-31 | 381357951 |
| 2016 : ANDOVER BANK EMPLOYEES STOCK PURCHASE PLAN 2016 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $524,617 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $721,503 |
| Total income from all sources (including contributions) | 2016-12-31 | $1,004,512 |
| Total loss/gain on sale of assets | 2016-12-31 | $0 |
| Total of all expenses incurred | 2016-12-31 | $177,155 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $175,218 |
| Expenses. Certain deemed distributions of participant loans | 2016-12-31 | $672 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $691,263 |
| Value of total assets at end of year | 2016-12-31 | $9,564,745 |
| Value of total assets at beginning of year | 2016-12-31 | $8,934,274 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $1,265 |
| Total interest from all sources | 2016-12-31 | $4,165 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $211,858 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $30,483 |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $3,500,000 |
| If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Contributions received from participants | 2016-12-31 | $249,320 |
| Participant contributions at end of year | 2016-12-31 | $65,385 |
| Participant contributions at beginning of year | 2016-12-31 | $91,616 |
| Participant contributions at end of year | 2016-12-31 | $1,599 |
| Participant contributions at beginning of year | 2016-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $156,614 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $90,925 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $88,245 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2016-12-31 | $524,617 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2016-12-31 | $721,503 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Value of net income/loss | 2016-12-31 | $827,357 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $9,040,128 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $8,212,771 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $2,069,585 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $1,697,954 |
| Interest on participant loans | 2016-12-31 | $4,165 |
| Value of interest in common/collective trusts at end of year | 2016-12-31 | $458,140 |
| Value of interest in common/collective trusts at beginning of year | 2016-12-31 | $337,280 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $468,413 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $415,979 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $415,979 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $85,932 |
| Net investment gain or loss from common/collective trusts | 2016-12-31 | $11,294 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
| Assets. Invements in employer securities at end of year | 2016-12-31 | $6,403,200 |
| Assets. Invements in employer securities at beginning of year | 2016-12-31 | $6,303,200 |
| Contributions received in cash from employer | 2016-12-31 | $285,329 |
| Employer contributions (assets) at end of year | 2016-12-31 | $7,498 |
| Employer contributions (assets) at beginning of year | 2016-12-31 | $0 |
| Income. Dividends from common stock | 2016-12-31 | $181,375 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $175,218 |
| Contract administrator fees | 2016-12-31 | $1,265 |
| Did the plan have assets held for investment | 2016-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
| Accountancy firm name | 2016-12-31 | COHEN & COMPANY, CPAS |
| Accountancy firm EIN | 2016-12-31 | 341912961 |
| 2015 : ANDOVER BANK EMPLOYEES STOCK PURCHASE PLAN 2015 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2015-12-31 | $630,320 |
| Total unrealized appreciation/depreciation of assets | 2015-12-31 | $630,320 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $721,503 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $536,176 |
| Total income from all sources (including contributions) | 2015-12-31 | $1,316,990 |
| Total loss/gain on sale of assets | 2015-12-31 | $0 |
| Total of all expenses incurred | 2015-12-31 | $360,653 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $358,500 |
| Expenses. Certain deemed distributions of participant loans | 2015-12-31 | $503 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $499,071 |
| Value of total assets at end of year | 2015-12-31 | $8,934,274 |
| Value of total assets at beginning of year | 2015-12-31 | $7,792,610 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $1,650 |
| Total interest from all sources | 2015-12-31 | $5,404 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $203,106 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2015-12-31 | $27,877 |
| Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
| Value of fidelity bond cover | 2015-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
| Contributions received from participants | 2015-12-31 | $235,128 |
| Participant contributions at end of year | 2015-12-31 | $91,616 |
| Participant contributions at beginning of year | 2015-12-31 | $121,234 |
| Participant contributions at end of year | 2015-12-31 | $0 |
| Participant contributions at beginning of year | 2015-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $5,257 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-12-31 | $88,245 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2015-12-31 | $79,318 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2015-12-31 | $721,503 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2015-12-31 | $536,176 |
| Administrative expenses (other) incurred | 2015-12-31 | $1,650 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Value of net income/loss | 2015-12-31 | $956,337 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $8,212,771 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $7,256,434 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $1,697,954 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $1,716,553 |
| Interest on participant loans | 2015-12-31 | $4,686 |
| Value of interest in common/collective trusts at end of year | 2015-12-31 | $337,280 |
| Value of interest in common/collective trusts at beginning of year | 2015-12-31 | $295,722 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $415,979 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $406,898 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $406,898 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $718 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-25,135 |
| Net investment gain or loss from common/collective trusts | 2015-12-31 | $4,224 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
| Assets. Invements in employer securities at end of year | 2015-12-31 | $6,303,200 |
| Assets. Invements in employer securities at beginning of year | 2015-12-31 | $5,172,885 |
| Contributions received in cash from employer | 2015-12-31 | $258,686 |
| Employer contributions (assets) at end of year | 2015-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2015-12-31 | $0 |
| Income. Dividends from common stock | 2015-12-31 | $175,229 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $358,500 |
| Did the plan have assets held for investment | 2015-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
| Accountancy firm name | 2015-12-31 | COHEN & COMPANY, CPAS |
| Accountancy firm EIN | 2015-12-31 | 341912961 |
| 2014 : ANDOVER BANK EMPLOYEES STOCK PURCHASE PLAN 2014 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2014-12-31 | $494,298 |
| Total unrealized appreciation/depreciation of assets | 2014-12-31 | $494,298 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $536,176 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $359,191 |
| Total income from all sources (including contributions) | 2014-12-31 | $1,175,039 |
| Total loss/gain on sale of assets | 2014-12-31 | $0 |
| Total of all expenses incurred | 2014-12-31 | $128,411 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $128,411 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $406,071 |
| Value of total assets at end of year | 2014-12-31 | $7,792,610 |
| Value of total assets at beginning of year | 2014-12-31 | $6,568,997 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $0 |
| Total interest from all sources | 2014-12-31 | $5,822 |
| Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $189,895 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2014-12-31 | $32,409 |
| Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
| Value of fidelity bond cover | 2014-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
| Contributions received from participants | 2014-12-31 | $222,836 |
| Participant contributions at end of year | 2014-12-31 | $121,234 |
| Participant contributions at beginning of year | 2014-12-31 | $115,648 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2014-12-31 | $79,318 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2014-12-31 | $68,240 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2014-12-31 | $536,176 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2014-12-31 | $359,191 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Value of net income/loss | 2014-12-31 | $1,046,628 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $7,256,434 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $6,209,806 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $1,716,553 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $1,508,629 |
| Interest on participant loans | 2014-12-31 | $5,049 |
| Value of interest in common/collective trusts at end of year | 2014-12-31 | $295,722 |
| Value of interest in common/collective trusts at beginning of year | 2014-12-31 | $340,091 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $406,898 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $390,204 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $390,204 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-12-31 | $773 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $73,995 |
| Net investment gain or loss from common/collective trusts | 2014-12-31 | $4,958 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
| Assets. Invements in employer securities at end of year | 2014-12-31 | $5,172,885 |
| Assets. Invements in employer securities at beginning of year | 2014-12-31 | $4,145,295 |
| Contributions received in cash from employer | 2014-12-31 | $183,235 |
| Employer contributions (assets) at end of year | 2014-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2014-12-31 | $890 |
| Income. Dividends from common stock | 2014-12-31 | $157,486 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $128,411 |
| Did the plan have assets held for investment | 2014-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Unqualified |
| Accountancy firm name | 2014-12-31 | COHEN & COMPANY, CPAS |
| Accountancy firm EIN | 2014-12-31 | 341912961 |
| 2013 : ANDOVER BANK EMPLOYEES STOCK PURCHASE PLAN 2013 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2013-12-31 | $181,293 |
| Total unrealized appreciation/depreciation of assets | 2013-12-31 | $181,293 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $359,191 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $598,340 |
| Total income from all sources (including contributions) | 2013-12-31 | $1,030,385 |
| Total loss/gain on sale of assets | 2013-12-31 | $0 |
| Total of all expenses incurred | 2013-12-31 | $329,048 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $329,048 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $448,846 |
| Value of total assets at end of year | 2013-12-31 | $6,568,997 |
| Value of total assets at beginning of year | 2013-12-31 | $6,106,809 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $0 |
| Total interest from all sources | 2013-12-31 | $5,597 |
| Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $164,075 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2013-12-31 | $28,615 |
| Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
| Value of fidelity bond cover | 2013-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
| Contributions received from participants | 2013-12-31 | $190,862 |
| Participant contributions at end of year | 2013-12-31 | $115,648 |
| Participant contributions at beginning of year | 2013-12-31 | $117,086 |
| Participant contributions at end of year | 2013-12-31 | $0 |
| Participant contributions at beginning of year | 2013-12-31 | $3,155 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $1,239 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2013-12-31 | $68,240 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2013-12-31 | $67,221 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2013-12-31 | $359,191 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2013-12-31 | $598,340 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Value of net income/loss | 2013-12-31 | $701,337 |
| Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $6,209,806 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $5,508,469 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $1,508,629 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $1,271,053 |
| Interest on participant loans | 2013-12-31 | $4,870 |
| Value of interest in common/collective trusts at end of year | 2013-12-31 | $340,091 |
| Value of interest in common/collective trusts at beginning of year | 2013-12-31 | $305,014 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $390,204 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $375,683 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $375,683 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2013-12-31 | $727 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $225,946 |
| Net investment gain or loss from common/collective trusts | 2013-12-31 | $4,628 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
| Assets. Invements in employer securities at end of year | 2013-12-31 | $4,145,295 |
| Assets. Invements in employer securities at beginning of year | 2013-12-31 | $3,964,002 |
| Contributions received in cash from employer | 2013-12-31 | $256,745 |
| Employer contributions (assets) at end of year | 2013-12-31 | $890 |
| Employer contributions (assets) at beginning of year | 2013-12-31 | $3,595 |
| Income. Dividends from common stock | 2013-12-31 | $135,460 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $329,048 |
| Did the plan have assets held for investment | 2013-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Unqualified |
| Accountancy firm name | 2013-12-31 | COHEN & COMPANY, CPAS |
| Accountancy firm EIN | 2013-12-31 | 341912961 |
| 2012 : ANDOVER BANK EMPLOYEES STOCK PURCHASE PLAN 2012 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2012-12-31 | $93,702 |
| Total unrealized appreciation/depreciation of assets | 2012-12-31 | $93,702 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $598,340 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $793,738 |
| Total income from all sources (including contributions) | 2012-12-31 | $881,787 |
| Total loss/gain on sale of assets | 2012-12-31 | $0 |
| Total of all expenses incurred | 2012-12-31 | $260,556 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $260,556 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $492,931 |
| Value of total assets at end of year | 2012-12-31 | $6,106,809 |
| Value of total assets at beginning of year | 2012-12-31 | $5,680,976 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $0 |
| Total interest from all sources | 2012-12-31 | $4,822 |
| Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $157,202 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2012-12-31 | $23,778 |
| Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
| Value of fidelity bond cover | 2012-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
| Contributions received from participants | 2012-12-31 | $194,850 |
| Participant contributions at end of year | 2012-12-31 | $117,086 |
| Participant contributions at beginning of year | 2012-12-31 | $0 |
| Participant contributions at end of year | 2012-12-31 | $3,155 |
| Participant contributions at beginning of year | 2012-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $63,234 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2012-12-31 | $67,221 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2012-12-31 | $66,203 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2012-12-31 | $598,340 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2012-12-31 | $793,738 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Value of net income/loss | 2012-12-31 | $621,231 |
| Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $5,508,469 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $4,887,238 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $1,271,053 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $1,017,116 |
| Interest on participant loans | 2012-12-31 | $3,950 |
| Value of interest in common/collective trusts at end of year | 2012-12-31 | $305,014 |
| Value of interest in common/collective trusts at beginning of year | 2012-12-31 | $363,158 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $375,683 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $364,199 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $364,199 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-12-31 | $872 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $126,843 |
| Net investment gain or loss from common/collective trusts | 2012-12-31 | $6,287 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
| Assets. Invements in employer securities at end of year | 2012-12-31 | $3,964,002 |
| Assets. Invements in employer securities at beginning of year | 2012-12-31 | $3,870,300 |
| Contributions received in cash from employer | 2012-12-31 | $234,847 |
| Employer contributions (assets) at end of year | 2012-12-31 | $3,595 |
| Employer contributions (assets) at beginning of year | 2012-12-31 | $0 |
| Income. Dividends from common stock | 2012-12-31 | $133,424 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $260,556 |
| Did the plan have assets held for investment | 2012-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Unqualified |
| Accountancy firm name | 2012-12-31 | COHEN & COMPANY, CPAS |
| Accountancy firm EIN | 2012-12-31 | 341912961 |
| 2011 : ANDOVER BANK EMPLOYEES STOCK PURCHASE PLAN 2011 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2011-12-31 | $122,220 |
| Total unrealized appreciation/depreciation of assets | 2011-12-31 | $122,220 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $793,738 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $1,122,875 |
| Total income from all sources (including contributions) | 2011-12-31 | $646,319 |
| Total loss/gain on sale of assets | 2011-12-31 | $0 |
| Total of all expenses incurred | 2011-12-31 | $198,288 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $193,207 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $424,896 |
| Value of total assets at end of year | 2011-12-31 | $5,680,976 |
| Value of total assets at beginning of year | 2011-12-31 | $5,562,082 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $5,081 |
| Total interest from all sources | 2011-12-31 | $1,393 |
| Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $150,943 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2011-12-31 | $19,556 |
| Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
| Value of fidelity bond cover | 2011-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
| Contributions received from participants | 2011-12-31 | $183,568 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-12-31 | $66,203 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-12-31 | $65,184 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2011-12-31 | $793,738 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2011-12-31 | $1,122,875 |
| Other income not declared elsewhere | 2011-12-31 | $-1,140 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Value of net income/loss | 2011-12-31 | $448,031 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $4,887,238 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $4,439,207 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
| Investment advisory and management fees | 2011-12-31 | $2,536 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $1,017,116 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $1,098,665 |
| Value of interest in common/collective trusts at end of year | 2011-12-31 | $363,158 |
| Value of interest in common/collective trusts at beginning of year | 2011-12-31 | $160,575 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $364,199 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $485,571 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $485,571 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-12-31 | $1,393 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-59,315 |
| Net investment gain or loss from common/collective trusts | 2011-12-31 | $7,322 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
| Assets. Invements in employer securities at end of year | 2011-12-31 | $3,870,300 |
| Assets. Invements in employer securities at beginning of year | 2011-12-31 | $3,748,080 |
| Contributions received in cash from employer | 2011-12-31 | $241,328 |
| Employer contributions (assets) at end of year | 2011-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2011-12-31 | $4,007 |
| Income. Dividends from common stock | 2011-12-31 | $131,387 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $193,207 |
| Contract administrator fees | 2011-12-31 | $2,545 |
| Did the plan have assets held for investment | 2011-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Unqualified |
| Accountancy firm name | 2011-12-31 | COHEN & COMPANY, CPAS |
| Accountancy firm EIN | 2011-12-31 | 341912961 |
| 2010 : ANDOVER BANK EMPLOYEES STOCK PURCHASE PLAN 2010 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2010-12-31 | $370,614 |
| Total unrealized appreciation/depreciation of assets | 2010-12-31 | $370,614 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $1,122,875 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $1,222,810 |
| Total income from all sources (including contributions) | 2010-12-31 | $1,174,069 |
| Total loss/gain on sale of assets | 2010-12-31 | $0 |
| Total of all expenses incurred | 2010-12-31 | $296,264 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $291,905 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $514,537 |
| Value of total assets at end of year | 2010-12-31 | $5,562,082 |
| Value of total assets at beginning of year | 2010-12-31 | $4,784,212 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $4,359 |
| Total interest from all sources | 2010-12-31 | $6,633 |
| Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $143,823 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2010-12-31 | $15,492 |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2010-12-31 | Yes |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
| Contributions received from participants | 2010-12-31 | $192,515 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $82,570 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2010-12-31 | $65,184 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2010-12-31 | $63,380 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2010-12-31 | $1,122,875 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2010-12-31 | $1,222,810 |
| Administrative expenses (other) incurred | 2010-12-31 | $4,359 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Value of net income/loss | 2010-12-31 | $877,805 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $4,439,207 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $3,561,402 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $1,098,665 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $186,937 |
| Value of interest in pooled separate accounts at end of year | 2010-12-31 | $0 |
| Value of interest in pooled separate accounts at beginning of year | 2010-12-31 | $750,089 |
| Value of interest in common/collective trusts at end of year | 2010-12-31 | $160,575 |
| Value of interest in common/collective trusts at beginning of year | 2010-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $485,571 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $383,985 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $383,985 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $6,633 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2010-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2010-12-31 | $11,130 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $134,327 |
| Net investment gain or loss from common/collective trusts | 2010-12-31 | $4,135 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
| Assets. Invements in employer securities at end of year | 2010-12-31 | $3,748,080 |
| Assets. Invements in employer securities at beginning of year | 2010-12-31 | $3,388,691 |
| Contributions received in cash from employer | 2010-12-31 | $239,452 |
| Employer contributions (assets) at end of year | 2010-12-31 | $4,007 |
| Income. Dividends from common stock | 2010-12-31 | $128,331 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $291,905 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2010-12-31 | Yes |
| Did the plan have assets held for investment | 2010-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Unqualified |
| Accountancy firm name | 2010-12-31 | COHEN & COMPANY, CPASSSSSSSS |
| Accountancy firm EIN | 2010-12-31 | 341912961 |
| 2009 : ANDOVER BANK EMPLOYEES STOCK PURCHASE PLAN 2009 401k financial data |
|---|
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |
