Call reports 2021
HORIZON FINANCIAL BANK — 2021
What HORIZON FINANCIAL BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 168,170,000 | 167,032,000 | 167,329,000 | 164,715,000 |
| Total loans | 88,686,000 | 96,824,000 | 98,929,000 | 104,605,000 |
| Allowance for loan losses | 1,528,000 | 1,528,000 | 1,516,000 | 1,518,000 |
| Securities available for sale | 23,936,000 | 24,260,000 | 24,754,000 | 25,282,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 149,395,000 | 147,977,000 | 148,028,000 | 145,220,000 |
| Interest-bearing deposits | 117,220,000 | 116,542,000 | 111,368,000 | 108,150,000 |
| Noninterest-bearing deposits | 32,175,000 | 31,435,000 | 36,660,000 | 37,070,000 |
| Equity capital | 18,474,000 | 18,777,000 | 18,972,000 | 19,232,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,507,000 | 2,762,000 | 3,975,000 | 5,159,000 |
| Interest expense | 161,000 | 278,000 | 380,000 | 475,000 |
| Net interest income | 1,346,000 | 2,484,000 | 3,595,000 | 4,684,000 |
| Noninterest income | 55,000 | 123,000 | 186,000 | 258,000 |
| Noninterest expense | 908,000 | 1,793,000 | 2,685,000 | 3,341,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 502,000 | 825,000 | 1,114,000 | 1,626,000 |
| Income tax | 72,000 | 113,000 | 171,000 | 306,000 |
| Net income | 430,000 | 712,000 | 943,000 | 1,320,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,255,000 | 18,537,000 | 18,768,000 | 19,145,000 |