Market Intelligence

The Andover Bank

Headquartered in Andover, OH
Institution deposit footprint ยท FDIC Summary of Deposits (SOD), June 30, 2025
Market IntelligenceInstitutions › The Andover Bank

The Andover Bank holds $575M in total assets and has $542M in deposits across 3 counties in 2 ranked markets and 2 states. It is among the top three banks by deposits in 1 of the 3 counties where it operates. Figures are from the FDIC Summary of Deposits as of June 30, 2025, and are refreshed once a year when the next survey is released, not quarterly.

Deposit footprint
Deposits (SOD, 6/30/25)
$542M
nominal
Counties
3
where it holds deposits
Branches
10
reported offices, 6/30/25
Ranked Markets
2
CSAs / MSAs touched

Deposits by county

Data as of June 30, 2025 (FDIC Summary of Deposits)

CountyDepositsCounty’s
% of
Bank’s Deposits
Bank’s
% of
County Deposits
Branches
Ashtabula County, OH$423M78.1%28.6%6
Erie County, PA$68M12.6%0.9%3
Lake County, OH$51M9.4%0.7%1

“Deposits (SOD)” are deposits as reported to the FDIC at branch level in the Summary of Deposits (SOD), June 30, 2025, and are nominal. They reflect where deposits are booked and may differ from the institution’s balance-sheet total. “County’s % of Bank’s Deposits” is this county’s share of the institution’s total SOD deposits; “Bank’s % of County Deposits” is this institution’s deposits as a percent of all deposits booked in that county. Counties within a Combined or Metropolitan Statistical Area link to their full profile; other counties are shown for completeness.

Browse all covered institutions in the bank directory or the banks headquartered in OH. All 293 markets and the 1,523 counties with a branch within a CSA or MSA are covered in the Market Intelligence resource. See the methodology for how each figure is built and when to expect updates, or the disclaimer for how this data should, and should not, be read.

The Andover Bank is named on this page solely to describe publicly reported FDIC deposit data. Its appearance does not imply any affiliation between The Andover Bank and The Executive Recruiter Group, or endorsement by either.