Call reports 2003
HORIZON BANK, SSB — 2003
What HORIZON BANK, SSB 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 | 9,086,000 | 8,582,000 | 8,266,000 | 8,850,000 |
| Total loans | 3,936,000 | 4,144,000 | 4,184,000 | 4,246,000 |
| Allowance for loan losses | 53,000 | 48,000 | 50,000 | 43,000 |
| Securities available for sale | 751,000 | 707,000 | 665,000 | 638,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 8,104,000 | 7,640,000 | 7,289,000 | 7,859,000 |
| Interest-bearing deposits | 4,493,000 | 4,354,000 | 4,123,000 | 4,242,000 |
| Noninterest-bearing deposits | 3,611,000 | 3,286,000 | 3,166,000 | 3,617,000 |
| Equity capital | 890,000 | 908,000 | 934,000 | 944,000 |
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 | 116,000 | 238,000 | 354,000 | 472,000 |
| Interest expense | 7,000 | 13,000 | 18,000 | 20,000 |
| Net interest income | 109,000 | 225,000 | 336,000 | 452,000 |
| Noninterest income | 53,000 | 103,000 | 165,000 | 230,000 |
| Noninterest expense | 139,000 | 278,000 | 418,000 | 571,000 |
| Provision for loan losses | 5,000 | 9,000 | 12,000 | 23,000 |
| Pretax income | 18,000 | 41,000 | 71,000 | 88,000 |
| Income tax | 5,000 | 10,000 | 12,000 | 18,000 |
| Net income | 13,000 | 31,000 | 59,000 | 70,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 878,000 | 896,000 | 924,000 | 935,000 |
| Total capital | 927,000 | 944,000 | 974,000 | 978,000 |
| Risk-weighted assets | 3,932,000 | 4,062,000 | 4,141,000 | 4,275,000 |