Call reports 2017
HORIZON FINANCIAL BANK — 2017
What HORIZON FINANCIAL BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 131,723,000 | 133,738,000 | 139,949,000 | 138,301,000 |
| Total loans | 92,648,000 | 105,149,000 | 110,630,000 | 107,599,000 |
| Allowance for loan losses | 1,418,000 | 1,418,000 | 1,413,000 | 1,416,000 |
| Securities available for sale | 7,427,000 | 7,379,000 | 8,187,000 | 8,552,000 |
| Securities held to maturity | 9,144,000 | 8,443,000 | 8,226,000 | 7,823,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 115,350,000 | 109,604,000 | 117,994,000 | 121,104,000 |
| Interest-bearing deposits | 94,295,000 | 89,944,000 | 94,831,000 | 94,244,000 |
| Noninterest-bearing deposits | 21,055,000 | 19,660,000 | 23,162,000 | 26,860,000 |
| Equity capital | 16,244,000 | 16,660,000 | 17,070,000 | 17,081,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,335,000 | 2,709,000 | 4,220,000 | 5,698,000 |
| Interest expense | 148,000 | 303,000 | 503,000 | 699,000 |
| Net interest income | 1,187,000 | 2,406,000 | 3,717,000 | 4,999,000 |
| Noninterest income | 59,000 | 112,000 | 183,000 | 265,000 |
| Noninterest expense | 764,000 | 1,553,000 | 2,389,000 | 3,473,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 482,000 | 966,000 | 1,512,000 | 1,792,000 |
| Income tax | 147,000 | 267,000 | 414,000 | 627,000 |
| Net income | 335,000 | 699,000 | 1,098,000 | 1,165,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,284,000 | 16,649,000 | 17,055,000 | 17,122,000 |
| Total capital | 17,563,000 | 17,912,000 | 18,347,000 | 18,370,000 |
| Risk-weighted assets | 102,177,000 | 100,896,000 | 103,230,000 | 99,642,000 |