Call reports 2019
HORIZON FINANCIAL BANK — 2019
What HORIZON FINANCIAL BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 136,993,000 | 141,442,000 | 144,119,000 | 147,248,000 |
| Total loans | 105,512,000 | 111,960,000 | 111,826,000 | 109,222,000 |
| Allowance for loan losses | 1,497,000 | 1,497,000 | 1,492,000 | 1,492,000 |
| Securities available for sale | 7,916,000 | 8,729,000 | 9,311,000 | 14,952,000 |
| Securities held to maturity | 6,261,000 | 5,395,000 | 4,913,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 119,229,000 | 120,127,000 | 125,267,000 | 128,181,000 |
| Interest-bearing deposits | 98,847,000 | 100,311,000 | 104,481,000 | 106,043,000 |
| Noninterest-bearing deposits | 20,383,000 | 19,815,000 | 20,786,000 | 22,137,000 |
| Equity capital | 17,505,000 | 17,956,000 | 18,419,000 | 18,734,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,607,000 | 3,273,000 | 4,994,000 | 6,770,000 |
| Interest expense | 339,000 | 709,000 | 1,120,000 | 1,536,000 |
| Net interest income | 1,268,000 | 2,564,000 | 3,874,000 | 5,234,000 |
| Noninterest income | 81,000 | 176,000 | 273,000 | 340,000 |
| Noninterest expense | 840,000 | 1,776,000 | 2,605,000 | 3,666,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 509,000 | 964,000 | 1,542,000 | 1,908,000 |
| Income tax | 118,000 | 205,000 | 342,000 | 423,000 |
| Net income | 391,000 | 759,000 | 1,200,000 | 1,485,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,488,000 | 17,855,000 | 18,296,000 | 18,581,000 |
| Total capital | 18,800,000 | 19,252,000 | 19,731,000 | 19,983,000 |
| Risk-weighted assets | 104,751,000 | 111,631,000 | 114,725,000 | 112,030,000 |