Call reports 2008
HORIZON BANK, SSB — 2008
What HORIZON BANK, SSB 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 | 112,522,000 | 122,839,000 | 140,138,000 | 135,945,000 |
| Total loans | 81,908,000 | 100,439,000 | 106,726,000 | 114,652,000 |
| Allowance for loan losses | 664,000 | 901,000 | 1,045,000 | 1,166,000 |
| Securities available for sale | 11,601,000 | 14,461,000 | 14,657,000 | 13,691,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 95,793,000 | 97,632,000 | 115,950,000 | 108,017,000 |
| Interest-bearing deposits | 75,771,000 | 75,114,000 | 90,150,000 | 86,182,000 |
| Noninterest-bearing deposits | 20,022,000 | 22,518,000 | 25,800,000 | 21,835,000 |
| Equity capital | 11,382,000 | 11,837,000 | 12,704,000 | 13,531,000 |
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 | 1,838,000 | 3,894,000 | 6,303,000 | 8,728,000 |
| Interest expense | 777,000 | 1,460,000 | 2,242,000 | 2,964,000 |
| Net interest income | 1,061,000 | 2,434,000 | 4,061,000 | 5,764,000 |
| Noninterest income | 141,000 | 280,000 | 464,000 | 660,000 |
| Noninterest expense | 897,000 | 1,955,000 | 3,141,000 | 4,342,000 |
| Provision for loan losses | 75,000 | 315,000 | 465,000 | 815,000 |
| Pretax income | 330,000 | 611,000 | 1,118,000 | 1,530,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 330,000 | 611,000 | 1,118,000 | 1,530,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,466,000 | 10,254,000 | 10,769,000 | 11,187,000 |
| Total capital | 10,130,000 | 11,155,000 | 11,814,000 | 12,353,000 |
| Risk-weighted assets | 80,566,000 | 96,423,000 | 103,399,000 | 109,328,000 |