Call reports 2020
HORIZON BANK — 2020
What HORIZON BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 382,155,000 | 382,229,000 | 395,003,000 | 375,185,000 |
| Total loans | 310,778,000 | 308,135,000 | 323,965,000 | 316,106,000 |
| Allowance for loan losses | 1,090,000 | 1,210,000 | 1,270,000 | 1,620,000 |
| Securities available for sale | 24,881,000 | 25,677,000 | 24,760,000 | 22,310,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 309,309,000 | 306,492,000 | 319,005,000 | 300,862,000 |
| Interest-bearing deposits | 293,186,000 | 288,654,000 | 299,793,000 | 283,188,000 |
| Noninterest-bearing deposits | 16,123,000 | 17,838,000 | 19,212,000 | 17,674,000 |
| Equity capital | 37,626,000 | 39,643,000 | 42,283,000 | 44,733,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 4,457,000 | 9,255,000 | 13,711,000 | 18,337,000 |
| Interest expense | 1,121,000 | 2,097,000 | 3,109,000 | 4,037,000 |
| Net interest income | 3,336,000 | 7,158,000 | 10,602,000 | 14,300,000 |
| Noninterest income | -27,000 | -66,000 | -104,000 | -136,000 |
| Noninterest expense | 1,232,000 | 2,484,000 | 3,647,000 | 4,894,000 |
| Provision for loan losses | 30,000 | 150,000 | 210,000 | 560,000 |
| Pretax income | 2,049,000 | 4,462,000 | 6,662,000 | 8,753,000 |
| Income tax | 325,000 | 726,000 | 1,081,000 | 1,372,000 |
| Net income | 1,724,000 | 3,736,000 | 5,581,000 | 7,381,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 49,265,000 | 50,942,000 | 52,503,000 | 52,969,000 |
| Total capital | 50,355,000 | 52,152,000 | 53,773,000 | 54,589,000 |
| Risk-weighted assets | 346,142,000 | 347,963,000 | 341,151,000 | 341,840,000 |