Call reports 2024
HORIZON FINANCIAL BANK — 2024
What HORIZON FINANCIAL BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 184,605,000 | 181,952,000 | 190,090,000 | 196,151,000 |
| Total loans | 129,539,000 | 131,814,000 | 141,898,000 | 147,230,000 |
| Allowance for loan losses | 1,533,000 | 1,537,000 | 1,532,000 | 1,564,000 |
| Securities available for sale | 29,679,000 | 26,414,000 | 26,494,000 | 25,771,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 163,835,000 | 157,865,000 | 164,935,000 | 171,000,000 |
| Interest-bearing deposits | 128,318,000 | 123,965,000 | 132,280,000 | 137,513,000 |
| Noninterest-bearing deposits | 35,517,000 | 33,900,000 | 32,655,000 | 33,487,000 |
| Equity capital | 19,658,000 | 20,035,000 | 20,983,000 | 21,000,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 2,333,000 | 4,751,000 | 7,301,000 | 10,014,000 |
| Interest expense | 919,000 | 1,869,000 | 2,935,000 | 4,049,000 |
| Net interest income | 1,414,000 | 2,882,000 | 4,366,000 | 5,965,000 |
| Noninterest income | 81,000 | 163,000 | 261,000 | 359,000 |
| Noninterest expense | 1,034,000 | 2,098,000 | 3,235,000 | 4,348,000 |
| Provision for loan losses | 0 | 0 | 0 | 30,000 |
| Pretax income | 468,000 | 937,000 | 1,393,000 | 1,949,000 |
| Income tax | 77,000 | 170,000 | 232,000 | 451,000 |
| Net income | 391,000 | 767,000 | 1,161,000 | 1,498,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,048,000 | 21,425,000 | 21,818,000 | 22,156,000 |