Call reports 2016
HORIZON FINANCIAL BANK — 2016
What HORIZON FINANCIAL BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 134,863,000 | 132,406,000 | 136,778,000 | 135,106,000 |
| Total loans | 97,361,000 | 105,666,000 | 109,608,000 | 105,819,000 |
| Allowance for loan losses | 1,417,000 | 1,418,000 | 1,419,000 | 1,422,000 |
| Securities available for sale | 4,167,000 | 4,382,000 | 5,628,000 | 6,130,000 |
| Securities held to maturity | 12,389,000 | 10,766,000 | 9,955,000 | 9,686,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 119,104,000 | 113,936,000 | 110,545,000 | 119,167,000 |
| Interest-bearing deposits | 100,388,000 | 96,219,000 | 91,143,000 | 93,136,000 |
| Noninterest-bearing deposits | 18,717,000 | 17,717,000 | 19,403,000 | 26,031,000 |
| Equity capital | 15,638,000 | 15,946,000 | 16,373,000 | 15,870,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,338,000 | 2,679,000 | 4,174,000 | 5,570,000 |
| Interest expense | 142,000 | 279,000 | 419,000 | 554,000 |
| Net interest income | 1,196,000 | 2,400,000 | 3,755,000 | 5,016,000 |
| Noninterest income | 51,000 | 106,000 | 164,000 | 232,000 |
| Noninterest expense | 777,000 | 1,681,000 | 2,463,000 | 3,522,000 |
| Provision for loan losses | 100,000 | 100,000 | 100,000 | 100,000 |
| Pretax income | 370,000 | 725,000 | 1,358,000 | 1,628,000 |
| Income tax | 105,000 | 188,000 | 388,000 | 537,000 |
| Net income | 265,000 | 537,000 | 970,000 | 1,091,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,606,000 | 15,877,000 | 16,311,000 | 15,948,000 |
| Total capital | 16,983,000 | 17,295,000 | 17,730,000 | 17,370,000 |
| Risk-weighted assets | 110,146,000 | 114,626,000 | 118,192,000 | 114,720,000 |