Call reports 2003
HORIZON CAPITAL BANK — 2003
What HORIZON CAPITAL BANK 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 | 323,928,000 | 352,881,000 | 355,792,000 | 361,132,000 |
| Total loans | 254,803,000 | 255,163,000 | 256,708,000 | 270,047,000 |
| Allowance for loan losses | 2,352,000 | 2,569,000 | 2,568,000 | 2,700,000 |
| Securities available for sale | 26,757,000 | 33,772,000 | 28,403,000 | 42,824,000 |
| Securities held to maturity | 200,000 | 200,000 | 200,000 | 200,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 237,198,000 | 266,088,000 | 269,402,000 | 279,492,000 |
| Interest-bearing deposits | 173,615,000 | 199,071,000 | 188,320,000 | 203,446,000 |
| Noninterest-bearing deposits | 63,583,000 | 67,017,000 | 81,082,000 | 76,046,000 |
| Equity capital | 29,966,000 | 30,273,000 | 31,027,000 | 31,655,000 |
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 | 4,166,000 | 8,497,000 | 12,869,000 | 17,328,000 |
| Interest expense | 1,106,000 | 2,266,000 | 3,414,000 | 4,534,000 |
| Net interest income | 3,060,000 | 6,231,000 | 9,455,000 | 12,794,000 |
| Noninterest income | 317,000 | 656,000 | 1,000,000 | 1,233,000 |
| Noninterest expense | 2,141,000 | 4,376,000 | 6,648,000 | 9,262,000 |
| Provision for loan losses | 380,000 | 620,000 | 817,000 | 978,000 |
| Pretax income | 904,000 | 1,961,000 | 3,095,000 | 3,954,000 |
| Income tax | 280,000 | 611,000 | 976,000 | 1,253,000 |
| Net income | 624,000 | 1,350,000 | 2,119,000 | 2,701,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,598,000 | 29,827,000 | 30,743,000 | 31,338,000 |
| Total capital | 31,950,000 | 32,396,000 | 33,311,000 | 34,038,000 |
| Risk-weighted assets | 248,357,000 | 250,923,000 | 252,115,000 | 263,945,000 |