Call reports 2002
HORIZON BANK — 2002
What HORIZON BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 64,015,000 | 70,360,000 | 73,405,000 | 73,069,000 |
| Total loans | 44,225,000 | 51,468,000 | 55,311,000 | 56,413,000 |
| Allowance for loan losses | 430,000 | 475,000 | 445,000 | 505,000 |
| Securities available for sale | 10,507,000 | 10,533,000 | 8,402,000 | 5,086,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,564,000 | 64,659,000 | 68,600,000 | 68,277,000 |
| Interest-bearing deposits | 53,982,000 | 58,239,000 | 62,998,000 | 62,294,000 |
| Noninterest-bearing deposits | 5,582,000 | 6,420,000 | 5,603,000 | 5,983,000 |
| Equity capital | 4,364,000 | 4,558,000 | 4,635,000 | 4,695,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,025,000 | 2,104,000 | 3,282,000 | 4,505,000 |
| Interest expense | 482,000 | 974,000 | 1,497,000 | 2,015,000 |
| Net interest income | 543,000 | 1,130,000 | 1,785,000 | 2,490,000 |
| Noninterest income | 55,000 | 114,000 | 169,000 | 224,000 |
| Noninterest expense | 570,000 | 1,156,000 | 1,732,000 | 2,350,000 |
| Provision for loan losses | 69,000 | 114,000 | 175,000 | 235,000 |
| Pretax income | -41,000 | -26,000 | 50,000 | 157,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -41,000 | -26,000 | 50,000 | 157,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,465,000 | 4,481,000 | 4,556,000 | 4,662,000 |
| Total capital | 4,895,000 | 4,956,000 | 5,001,000 | 5,167,000 |
| Risk-weighted assets | 45,845,000 | 53,469,000 | 55,648,000 | 56,671,000 |