Call reports 2004
HORIZON CAPITAL BANK — 2004
What HORIZON CAPITAL BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 358,950,000 | 367,301,000 | 398,153,000 | 380,030,000 |
| Total loans | 280,588,000 | 304,686,000 | 298,096,000 | 297,489,000 |
| Allowance for loan losses | 2,806,000 | 3,031,000 | 2,989,000 | 2,975,000 |
| Securities available for sale | 26,892,000 | 24,236,000 | 39,283,000 | 23,819,000 |
| Securities held to maturity | 200,000 | 200,000 | 200,000 | 200,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 272,865,000 | 269,574,000 | 301,718,000 | 283,904,000 |
| Interest-bearing deposits | 191,259,000 | 187,141,000 | 189,012,000 | 182,696,000 |
| Noninterest-bearing deposits | 81,606,000 | 82,433,000 | 112,706,000 | 101,208,000 |
| Equity capital | 31,670,000 | 32,117,000 | 33,269,000 | 34,042,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 4,523,000 | 9,241,000 | 14,176,000 | 19,263,000 |
| Interest expense | 1,100,000 | 2,199,000 | 3,414,000 | 4,646,000 |
| Net interest income | 3,423,000 | 7,042,000 | 10,762,000 | 14,617,000 |
| Noninterest income | 345,000 | 688,000 | 1,000,000 | 1,370,000 |
| Noninterest expense | 2,388,000 | 4,935,000 | 7,515,000 | 10,485,000 |
| Provision for loan losses | 174,000 | 448,000 | 479,000 | 555,000 |
| Pretax income | 1,206,000 | 2,347,000 | 3,768,000 | 4,947,000 |
| Income tax | 390,000 | 758,000 | 1,220,000 | 1,600,000 |
| Net income | 816,000 | 1,589,000 | 2,548,000 | 3,347,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,330,000 | 32,112,000 | 33,070,000 | 33,874,000 |
| Total capital | 34,136,000 | 35,143,000 | 36,059,000 | 36,849,000 |
| Risk-weighted assets | 272,257,000 | 290,713,000 | 286,888,000 | 286,520,000 |