Call reports 2007
HORIZON BANK — 2007
What HORIZON BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 174,073,000 | 182,209,000 | 186,540,000 | 194,916,000 |
| Total loans | 139,833,000 | 146,816,000 | 146,549,000 | 154,917,000 |
| Allowance for loan losses | 1,499,000 | 1,540,000 | 1,327,000 | 1,403,000 |
| Securities available for sale | 14,729,000 | 15,183,000 | 17,490,000 | 17,775,000 |
| Securities held to maturity | 12,384,000 | 13,093,000 | 13,092,000 | 13,091,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 148,105,000 | 141,861,000 | 142,772,000 | 147,009,000 |
| Interest-bearing deposits | 135,459,000 | 131,714,000 | 132,623,000 | 138,124,000 |
| Noninterest-bearing deposits | 12,646,000 | 10,147,000 | 10,149,000 | 8,885,000 |
| Equity capital | 12,602,000 | 12,839,000 | 13,259,000 | 12,800,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 3,075,000 | 6,250,000 | 9,566,000 | 13,014,000 |
| Interest expense | 1,654,000 | 3,381,000 | 5,205,000 | 7,037,000 |
| Net interest income | 1,421,000 | 2,869,000 | 4,361,000 | 5,977,000 |
| Noninterest income | 42,000 | 193,000 | 238,000 | 288,000 |
| Noninterest expense | 1,031,000 | 2,023,000 | 3,037,000 | 4,089,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 155,000 |
| Pretax income | 402,000 | 979,000 | 1,472,000 | 2,021,000 |
| Income tax | 97,000 | 247,000 | 384,000 | 536,000 |
| Net income | 305,000 | 732,000 | 1,088,000 | 1,485,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,714,000 | 13,159,000 | 13,533,000 | 13,448,000 |
| Total capital | 14,213,000 | 14,699,000 | 14,859,000 | 14,851,000 |
| Risk-weighted assets | 129,433,000 | 136,592,000 | 135,771,000 | 145,832,000 |