Call reports 2011
HORIZON FINANCIAL BANK — 2011
What HORIZON FINANCIAL BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 98,136,000 | 97,240,000 | 105,387,000 | 109,086,000 |
| Total loans | 71,356,000 | 78,528,000 | 82,876,000 | 82,382,000 |
| Allowance for loan losses | 1,221,000 | 1,236,000 | 1,235,000 | 1,230,000 |
| Securities available for sale | 1,135,000 | 892,000 | 772,000 | 639,000 |
| Securities held to maturity | 12,086,000 | 11,646,000 | 11,353,000 | 12,289,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,152,000 | 86,004,000 | 93,670,000 | 97,282,000 |
| Interest-bearing deposits | 72,496,000 | 73,987,000 | 75,680,000 | 73,515,000 |
| Noninterest-bearing deposits | 14,657,000 | 12,017,000 | 17,990,000 | 23,767,000 |
| Equity capital | 10,338,000 | 10,659,000 | 11,096,000 | 11,298,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,183,000 | 2,399,000 | 3,724,000 | 4,975,000 |
| Interest expense | 222,000 | 421,000 | 605,000 | 767,000 |
| Net interest income | 961,000 | 1,978,000 | 3,119,000 | 4,208,000 |
| Noninterest income | 39,000 | 81,000 | 125,000 | 167,000 |
| Noninterest expense | 537,000 | 1,096,000 | 1,600,000 | 2,409,000 |
| Provision for loan losses | 40,000 | 40,000 | 40,000 | 40,000 |
| Pretax income | 423,000 | 923,000 | 1,604,000 | 1,926,000 |
| Income tax | 147,000 | 322,000 | 563,000 | 682,000 |
| Net income | 276,000 | 601,000 | 1,041,000 | 1,244,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,319,000 | 10,645,000 | 11,084,000 | 11,288,000 |
| Total capital | 11,266,000 | 11,660,000 | 12,164,000 | 12,361,000 |
| Risk-weighted assets | 75,496,000 | 81,879,000 | 86,207,000 | 85,716,000 |