Call reports 2008
HORIZON BANK — 2008
What HORIZON BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 200,411,000 | 202,980,000 | 211,051,000 | 209,274,000 |
| Total loans | 158,430,000 | 162,717,000 | 168,488,000 | 169,530,000 |
| Allowance for loan losses | 1,350,000 | 1,468,000 | 1,517,000 | 1,503,000 |
| Securities available for sale | 17,989,000 | 17,471,000 | 17,220,000 | 15,858,000 |
| Securities held to maturity | 13,090,000 | 13,089,000 | 13,088,000 | 13,087,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 163,411,000 | 163,882,000 | 167,519,000 | 166,287,000 |
| Interest-bearing deposits | 152,461,000 | 152,865,000 | 158,385,000 | 157,714,000 |
| Noninterest-bearing deposits | 10,950,000 | 11,016,000 | 9,135,000 | 8,573,000 |
| Equity capital | 12,561,000 | 12,347,000 | 13,091,000 | 13,753,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 3,339,000 | 6,581,000 | 9,940,000 | 13,128,000 |
| Interest expense | 1,892,000 | 3,657,000 | 5,373,000 | 7,013,000 |
| Net interest income | 1,447,000 | 2,924,000 | 4,567,000 | 6,115,000 |
| Noninterest income | 250,000 | 424,000 | 734,000 | 843,000 |
| Noninterest expense | 1,121,000 | 2,236,000 | 3,343,000 | 4,443,000 |
| Provision for loan losses | 95,000 | 215,000 | 360,000 | 445,000 |
| Pretax income | 481,000 | 897,000 | 1,147,000 | 904,000 |
| Income tax | 170,000 | 322,000 | 390,000 | 250,000 |
| Net income | 311,000 | 575,000 | 757,000 | 654,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,783,000 | 14,072,000 | 14,578,000 | 14,973,000 |
| Total capital | 15,133,000 | 15,540,000 | 16,095,000 | 16,476,000 |
| Risk-weighted assets | 151,007,000 | 155,182,000 | 160,445,000 | 161,165,000 |