Call reports 2022
HORIZON FINANCIAL BANK — 2022
What HORIZON FINANCIAL BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 191,996,000 | 195,864,000 | 191,054,000 | 184,693,000 |
| Total loans | 87,724,000 | 97,390,000 | 106,987,000 | 120,736,000 |
| Allowance for loan losses | 1,521,000 | 1,523,000 | 1,510,000 | 1,507,000 |
| Securities available for sale | 32,796,000 | 34,570,000 | 34,398,000 | 36,277,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 173,298,000 | 177,471,000 | 172,965,000 | 165,961,000 |
| Interest-bearing deposits | 126,974,000 | 126,167,000 | 127,284,000 | 123,029,000 |
| Noninterest-bearing deposits | 46,324,000 | 51,304,000 | 45,681,000 | 42,932,000 |
| Equity capital | 18,405,000 | 18,068,000 | 17,596,000 | 18,380,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,060,000 | 2,300,000 | 3,779,000 | 5,527,000 |
| Interest expense | 98,000 | 203,000 | 369,000 | 677,000 |
| Net interest income | 962,000 | 2,097,000 | 3,410,000 | 4,850,000 |
| Noninterest income | 64,000 | 133,000 | 203,000 | 270,000 |
| Noninterest expense | 916,000 | 1,902,000 | 2,895,000 | 3,963,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 106,000 | 314,000 | 704,000 | 1,144,000 |
| Income tax | 22,000 | 48,000 | 125,000 | 144,000 |
| Net income | 84,000 | 266,000 | 579,000 | 1,000,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,229,000 | 19,411,000 | 19,724,000 | 20,146,000 |