Call reports 2021
HORIZON BANK, SSB — 2021
What HORIZON BANK, SSB reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 1,771,644,000 | 1,970,765,000 | 2,095,742,000 | 2,346,206,000 |
| Total loans | 1,111,873,000 | 1,119,135,000 | 1,145,030,000 | 1,216,792,000 |
| Allowance for loan losses | 23,803,000 | 23,626,000 | 23,459,000 | 25,609,000 |
| Securities available for sale | 178,082,000 | 223,625,000 | 226,340,000 | 306,944,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,626,544,000 | 1,788,837,000 | 1,904,735,000 | 2,152,561,000 |
| Interest-bearing deposits | 796,198,000 | 913,668,000 | 977,695,000 | 1,144,797,000 |
| Noninterest-bearing deposits | 830,346,000 | 875,169,000 | 927,040,000 | 1,007,764,000 |
| Equity capital | 120,664,000 | 156,625,000 | 164,740,000 | 169,300,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 15,644,000 | 32,921,000 | 50,471,000 | 67,920,000 |
| Interest expense | 797,000 | 1,554,000 | 2,274,000 | 2,993,000 |
| Net interest income | 14,847,000 | 31,367,000 | 48,197,000 | 64,927,000 |
| Noninterest income | 3,169,000 | 6,761,000 | 10,488,000 | 15,055,000 |
| Noninterest expense | 8,955,000 | 19,810,000 | 30,772,000 | 40,823,000 |
| Provision for loan losses | 400,000 | 400,000 | 400,000 | 2,400,000 |
| Pretax income | 9,773,000 | 19,281,000 | 29,095,000 | 39,104,000 |
| Income tax | 2,014,000 | 3,986,000 | 6,650,000 | 8,629,000 |
| Net income | 7,759,000 | 15,295,000 | 22,445,000 | 30,475,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 120,516,000 | 154,094,000 | 161,662,000 | 167,484,000 |
| Total capital | 133,566,000 | 167,803,000 | 177,145,000 | 184,826,000 |
| Risk-weighted assets | 1,033,287,000 | 1,086,829,000 | 1,230,671,000 | 1,379,103,000 |