Call reports 2023
HORIZON BANK — 2023
What HORIZON 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 | 409,403,000 | 411,292,000 | 421,661,000 | 427,029,000 |
| Total loans | 298,175,000 | 309,834,000 | 317,974,000 | 331,125,000 |
| Allowance for loan losses | 1,590,000 | 1,620,000 | 1,670,000 | 1,730,000 |
| Securities available for sale | 58,251,000 | 57,005,000 | 55,747,000 | 51,616,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 330,799,000 | 328,395,000 | 333,304,000 | 331,079,000 |
| Interest-bearing deposits | 301,403,000 | 299,900,000 | 307,247,000 | 304,143,000 |
| Noninterest-bearing deposits | 29,396,000 | 28,495,000 | 26,057,000 | 26,936,000 |
| Equity capital | 63,521,000 | 66,265,000 | 70,827,000 | 63,518,000 |
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 | 5,166,000 | 10,331,000 | 15,915,000 | 21,904,000 |
| Interest expense | 612,000 | 1,418,000 | 2,413,000 | 3,608,000 |
| Net interest income | 4,554,000 | 8,913,000 | 13,502,000 | 18,296,000 |
| Noninterest income | -179,000 | -356,000 | -534,000 | -694,000 |
| Noninterest expense | 1,503,000 | 2,958,000 | 4,508,000 | 6,400,000 |
| Provision for loan losses | 30,000 | 60,000 | 110,000 | 170,000 |
| Pretax income | 2,875,000 | 5,600,000 | 8,431,000 | 11,150,000 |
| Income tax | 245,000 | 462,000 | 819,000 | 1,096,000 |
| Net income | 2,630,000 | 5,138,000 | 7,612,000 | 10,054,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,978,000 | 60,171,000 | 62,283,000 | 57,362,000 |
| Total capital | 59,568,000 | 61,791,000 | 63,953,000 | 59,092,000 |
| Risk-weighted assets | 354,701,000 | 380,142,000 | 396,991,000 | 414,568,000 |