Call reports 2014
HORIZON FINANCIAL BANK — 2014
What HORIZON FINANCIAL BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 117,126,000 | 126,716,000 | 137,221,000 | 139,704,000 |
| Total loans | 87,008,000 | 98,925,000 | 108,875,000 | 111,023,000 |
| Allowance for loan losses | 1,221,000 | 1,222,000 | 1,423,000 | 1,102,000 |
| Securities available for sale | 334,000 | 1,221,000 | 889,000 | 864,000 |
| Securities held to maturity | 16,388,000 | 16,073,000 | 15,727,000 | 14,665,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 102,926,000 | 105,087,000 | 115,909,000 | 117,619,000 |
| Interest-bearing deposits | 83,250,000 | 87,362,000 | 96,574,000 | 93,471,000 |
| Noninterest-bearing deposits | 19,676,000 | 17,725,000 | 19,335,000 | 24,147,000 |
| Equity capital | 13,916,000 | 14,268,000 | 14,702,000 | 14,348,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,232,000 | 2,490,000 | 3,917,000 | 5,374,000 |
| Interest expense | 116,000 | 223,000 | 336,000 | 449,000 |
| Net interest income | 1,116,000 | 2,267,000 | 3,581,000 | 4,925,000 |
| Noninterest income | 61,000 | 111,000 | 389,000 | 443,000 |
| Noninterest expense | 629,000 | 1,298,000 | 1,996,000 | 3,091,000 |
| Provision for loan losses | 0 | 0 | 200,000 | 300,000 |
| Pretax income | 548,000 | 1,080,000 | 1,784,000 | 1,987,000 |
| Income tax | 182,000 | 364,000 | 626,000 | 674,000 |
| Net income | 366,000 | 716,000 | 1,158,000 | 1,313,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,908,000 | 14,259,000 | 14,700,000 | 14,346,000 |
| Total capital | 15,129,000 | 15,481,000 | 16,123,000 | 15,448,000 |
| Risk-weighted assets | 97,974,000 | 110,566,000 | 121,350,000 | 124,459,000 |