Call reports 2023
HORIZON FINANCIAL BANK — 2023
What HORIZON FINANCIAL BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 198,071,000 | 183,996,000 | 186,567,000 | 189,564,000 |
| Total loans | 105,748,000 | 126,401,000 | 129,581,000 | 140,613,000 |
| Allowance for loan losses | 1,507,000 | 1,531,000 | 1,531,000 | 1,533,000 |
| Securities available for sale | 36,072,000 | 31,683,000 | 31,446,000 | 30,349,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 178,202,000 | 163,918,000 | 166,368,000 | 165,841,000 |
| Interest-bearing deposits | 137,769,000 | 128,075,000 | 129,086,000 | 126,487,000 |
| Noninterest-bearing deposits | 40,433,000 | 35,843,000 | 37,282,000 | 39,354,000 |
| Equity capital | 19,199,000 | 19,207,000 | 19,197,000 | 20,354,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 2,011,000 | 4,138,000 | 6,318,000 | 8,610,000 |
| Interest expense | 456,000 | 1,202,000 | 2,014,000 | 2,865,000 |
| Net interest income | 1,555,000 | 2,936,000 | 4,304,000 | 5,745,000 |
| Noninterest income | 72,000 | 153,000 | 234,000 | 321,000 |
| Noninterest expense | 1,101,000 | 2,139,000 | 3,161,000 | 4,166,000 |
| Provision for loan losses | 0 | 25,000 | 25,000 | 25,000 |
| Pretax income | 518,000 | 940,000 | 1,370,000 | 1,900,000 |
| Income tax | 96,000 | 163,000 | 239,000 | 388,000 |
| Net income | 422,000 | 777,000 | 1,131,000 | 1,512,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,568,000 | 20,923,000 | 21,277,000 | 21,657,000 |