Call reports 2005
HORIZON CAPITAL BANK — 2005
What HORIZON CAPITAL BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 |
|---|---|---|---|
| Total assets | 396,765,000 | 395,274,000 | 408,889,000 |
| Total loans | 311,381,000 | 314,131,000 | 326,567,000 |
| Allowance for loan losses | 3,098,000 | 3,094,000 | 3,185,000 |
| Securities available for sale | 17,175,000 | 13,575,000 | 30,852,000 |
| Securities held to maturity | 200,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 307,186,000 | 294,571,000 | 315,850,000 |
| Interest-bearing deposits | 191,614,000 | 190,779,000 | 167,936,000 |
| Noninterest-bearing deposits | 115,572,000 | 103,792,000 | 147,914,000 |
| Equity capital | 35,189,000 | 36,554,000 | 41,931,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 |
|---|---|---|---|
| Interest income | 5,425,000 | 11,137,000 | 17,397,000 |
| Interest expense | 1,254,000 | 2,583,000 | 3,960,000 |
| Net interest income | 4,171,000 | 8,554,000 | 13,437,000 |
| Noninterest income | 485,000 | 812,000 | 1,078,000 |
| Noninterest expense | 2,738,000 | 5,643,000 | 10,184,000 |
| Provision for loan losses | 152,000 | 232,000 | 343,000 |
| Pretax income | 1,751,000 | 3,476,000 | 3,973,000 |
| Income tax | 571,000 | 1,137,000 | 1,369,000 |
| Net income | 1,180,000 | 2,339,000 | 2,604,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 |
|---|---|---|---|
| Tier 1 capital | 35,119,000 | 36,479,000 | 41,862,000 |
| Total capital | 38,217,000 | 39,573,000 | 45,047,000 |
| Risk-weighted assets | 306,984,000 | 312,339,000 | 322,499,000 |