Call reports 2024
HORIZON BANK — 2024
What HORIZON 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 | 443,196,000 | 464,577,000 | 465,391,000 | 459,195,000 |
| Total loans | 349,593,000 | 372,039,000 | 371,137,000 | 368,119,000 |
| Allowance for loan losses | 1,790,000 | 1,850,000 | 2,060,000 | 2,790,000 |
| Securities available for sale | 50,217,000 | 48,464,000 | 48,187,000 | 42,904,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 358,671,000 | 378,114,000 | 376,673,000 | 379,057,000 |
| Interest-bearing deposits | 335,460,000 | 354,201,000 | 353,574,000 | 351,188,000 |
| Noninterest-bearing deposits | 23,211,000 | 23,913,000 | 23,099,000 | 27,869,000 |
| Equity capital | 67,461,000 | 70,035,000 | 70,198,000 | 70,792,000 |
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 | 5,738,000 | 12,695,000 | 19,198,000 | 26,095,000 |
| Interest expense | 1,470,000 | 2,997,000 | 4,665,000 | 6,258,000 |
| Net interest income | 4,268,000 | 9,698,000 | 14,533,000 | 19,837,000 |
| Noninterest income | -57,000 | -170,000 | -295,000 | -357,000 |
| Noninterest expense | 1,538,000 | 3,134,000 | 4,731,000 | 6,969,000 |
| Provision for loan losses | 60,000 | 120,000 | 330,000 | 1,210,000 |
| Pretax income | 2,645,000 | 6,353,000 | 9,321,000 | 11,570,000 |
| Income tax | 212,000 | 642,000 | 912,000 | 1,198,000 |
| Net income | 2,433,000 | 5,711,000 | 8,409,000 | 10,372,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 59,913,000 | 62,608,000 | 64,724,000 | 62,853,000 |
| Total capital | 61,703,000 | 64,458,000 | 66,784,000 | 65,643,000 |
| Risk-weighted assets | 432,075,000 | 467,214,000 | 453,678,000 | 464,886,000 |