Call reports 2013
HORIZON FINANCIAL BANK — 2013
What HORIZON FINANCIAL BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 117,052,000 | 115,525,000 | 124,899,000 | 126,945,000 |
| Total loans | 87,186,000 | 91,610,000 | 97,956,000 | 94,180,000 |
| Allowance for loan losses | 1,230,000 | 1,230,000 | 1,235,000 | 1,235,000 |
| Securities available for sale | 909,000 | 880,000 | 864,000 | 851,000 |
| Securities held to maturity | 15,565,000 | 15,342,000 | 16,677,000 | 16,859,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,057,000 | 96,192,000 | 110,129,000 | 113,050,000 |
| Interest-bearing deposits | 82,508,000 | 78,415,000 | 87,063,000 | 88,944,000 |
| Noninterest-bearing deposits | 21,549,000 | 17,777,000 | 23,066,000 | 24,105,000 |
| Equity capital | 12,475,000 | 12,890,000 | 13,323,000 | 13,550,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,259,000 | 2,506,000 | 3,838,000 | 5,153,000 |
| Interest expense | 137,000 | 265,000 | 393,000 | 524,000 |
| Net interest income | 1,122,000 | 2,241,000 | 3,445,000 | 4,629,000 |
| Noninterest income | 53,000 | 103,000 | 154,000 | 213,000 |
| Noninterest expense | 586,000 | 1,147,000 | 1,754,000 | 2,643,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 589,000 | 1,197,000 | 1,845,000 | 2,199,000 |
| Income tax | 223,000 | 417,000 | 629,000 | 756,000 |
| Net income | 366,000 | 780,000 | 1,216,000 | 1,443,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,468,000 | 12,880,000 | 13,315,000 | 13,542,000 |
| Total capital | 13,662,000 | 14,110,000 | 14,550,000 | 14,777,000 |
| Risk-weighted assets | 95,750,000 | 102,451,000 | 107,307,000 | 104,280,000 |