Call reports 2018
HORIZON FINANCIAL BANK — 2018
What HORIZON FINANCIAL BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 133,104,000 | 136,905,000 | 142,627,000 | 149,411,000 |
| Total loans | 96,165,000 | 108,275,000 | 113,506,000 | 113,999,000 |
| Allowance for loan losses | 1,414,000 | 1,394,000 | 1,338,000 | 1,438,000 |
| Securities available for sale | 8,754,000 | 8,286,000 | 8,025,000 | 7,985,000 |
| Securities held to maturity | 7,709,000 | 7,410,000 | 7,200,000 | 6,568,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 116,400,000 | 119,238,000 | 125,079,000 | 131,609,000 |
| Interest-bearing deposits | 94,468,000 | 96,513,000 | 101,986,000 | 103,607,000 |
| Noninterest-bearing deposits | 21,932,000 | 22,725,000 | 23,094,000 | 28,002,000 |
| Equity capital | 16,613,000 | 16,983,000 | 17,339,000 | 17,520,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,420,000 | 2,873,000 | 4,472,000 | 6,138,000 |
| Interest expense | 194,000 | 426,000 | 731,000 | 1,069,000 |
| Net interest income | 1,226,000 | 2,447,000 | 3,741,000 | 5,069,000 |
| Noninterest income | 70,000 | 161,000 | 236,000 | 319,000 |
| Noninterest expense | 841,000 | 1,722,000 | 2,634,000 | 3,796,000 |
| Provision for loan losses | 0 | 0 | 50,000 | 100,000 |
| Pretax income | 453,000 | 884,000 | 1,291,000 | 1,490,000 |
| Income tax | 81,000 | 141,000 | 142,000 | 241,000 |
| Net income | 372,000 | 743,000 | 1,149,000 | 1,249,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,747,000 | 17,118,000 | 17,518,000 | 17,596,000 |
| Total capital | 17,865,000 | 18,383,000 | 18,856,000 | 19,012,000 |
| Risk-weighted assets | 89,150,000 | 101,059,000 | 111,239,000 | 113,290,000 |