Call reports 2003
HORIZON BANK — 2003
What HORIZON BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 76,231,000 | 79,325,000 | 83,998,000 | 90,221,000 |
| Total loans | 58,945,000 | 62,570,000 | 67,904,000 | 74,249,000 |
| Allowance for loan losses | 550,000 | 575,000 | 635,000 | 700,000 |
| Securities available for sale | 3,299,000 | 3,051,000 | 4,211,000 | 4,910,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,402,000 | 73,413,000 | 77,002,000 | 81,707,000 |
| Interest-bearing deposits | 63,777,000 | 66,542,000 | 70,086,000 | 74,295,000 |
| Noninterest-bearing deposits | 7,625,000 | 6,871,000 | 6,917,000 | 7,412,000 |
| Equity capital | 4,691,000 | 5,770,000 | 5,855,000 | 6,432,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,175,000 | 2,341,000 | 3,565,000 | 4,854,000 |
| Interest expense | 464,000 | 931,000 | 1,395,000 | 1,876,000 |
| Net interest income | 711,000 | 1,410,000 | 2,170,000 | 2,978,000 |
| Noninterest income | 39,000 | 100,000 | 268,000 | 319,000 |
| Noninterest expense | 669,000 | 1,311,000 | 1,952,000 | 2,597,000 |
| Provision for loan losses | 44,000 | 102,000 | 216,000 | 284,000 |
| Pretax income | 37,000 | 90,000 | 263,000 | 409,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 37,000 | 90,000 | 263,000 | 409,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,699,000 | 5,752,000 | 5,925,000 | 6,471,000 |
| Total capital | 5,249,000 | 6,327,000 | 6,560,000 | 7,171,000 |
| Risk-weighted assets | 58,785,000 | 60,351,000 | 65,190,000 | 70,103,000 |