Call reports 2003
HORIZON BANK — 2003
What HORIZON 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 | 696,928,000 | 777,831,000 | 753,791,000 | 754,892,000 |
| Total loans | 501,950,000 | 564,211,000 | 462,363,000 | 455,932,000 |
| Allowance for loan losses | 6,491,000 | 6,622,000 | 6,750,000 | 6,909,000 |
| Securities available for sale | 145,335,000 | 154,560,000 | 189,475,000 | 215,695,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 479,209,000 | 489,562,000 | 535,547,000 | 547,090,000 |
| Interest-bearing deposits | 418,972,000 | 431,327,000 | 473,011,000 | 475,093,000 |
| Noninterest-bearing deposits | 60,237,000 | 58,235,000 | 62,536,000 | 71,997,000 |
| Equity capital | 55,101,000 | 60,216,000 | 60,142,000 | 61,195,000 |
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 | 10,169,000 | 20,419,000 | 31,507,000 | 41,524,000 |
| Interest expense | 4,123,000 | 8,227,000 | 12,530,000 | 16,686,000 |
| Net interest income | 6,046,000 | 12,192,000 | 18,977,000 | 24,838,000 |
| Noninterest income | 2,776,000 | 5,748,000 | 8,821,000 | 11,459,000 |
| Noninterest expense | 5,692,000 | 11,676,000 | 17,867,000 | 24,233,000 |
| Provision for loan losses | 375,000 | 750,000 | 1,050,000 | 1,350,000 |
| Pretax income | 2,755,000 | 5,508,000 | 8,608,000 | 10,204,000 |
| Income tax | 878,000 | 1,714,000 | 2,633,000 | 3,052,000 |
| Net income | 1,877,000 | 3,794,000 | 5,975,000 | 7,152,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 52,381,000 | 56,772,000 | 58,403,000 | 58,769,000 |
| Total capital | 57,373,000 | 62,298,000 | 63,589,000 | 64,050,000 |
| Risk-weighted assets | 397,888,000 | 440,977,000 | 413,292,000 | 420,828,000 |