Call reports 2010
HORIZON BANK — 2010
What HORIZON BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 |
|---|---|---|
| Total assets | 195,157,000 | 187,819,000 |
| Total loans | 149,037,000 | 142,228,000 |
| Allowance for loan losses | 5,318,000 | 4,998,000 |
| Securities available for sale | 10,591,000 | 9,533,000 |
| Securities held to maturity | 10,910,000 | 10,908,000 |
| Trading assets | 0 | 0 |
| Total deposits | 172,170,000 | 164,594,000 |
| Interest-bearing deposits | 160,750,000 | 155,699,000 |
| Noninterest-bearing deposits | 11,421,000 | 8,895,000 |
| Equity capital | 4,948,000 | 5,149,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 |
|---|---|---|
| Interest income | 2,566,000 | 4,805,000 |
| Interest expense | 1,047,000 | 2,005,000 |
| Net interest income | 1,519,000 | 2,800,000 |
| Noninterest income | 76,000 | 477,000 |
| Noninterest expense | 1,565,000 | 3,173,000 |
| Provision for loan losses | 2,698,000 | 2,698,000 |
| Pretax income | -2,728,000 | -2,654,000 |
| Income tax | -871,000 | -920,000 |
| Net income | -1,857,000 | -1,734,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 |
|---|---|---|
| Tier 1 capital | 2,559,000 | 2,661,000 |
| Total capital | 4,400,000 | 4,480,000 |
| Risk-weighted assets | 143,860,000 | 142,452,000 |