Call reports 2008
HORIZON BANK — 2008
What HORIZON BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 1,248,649,000 | 1,193,596,000 | 1,187,279,000 | 1,304,420,000 |
| Total loans | 856,070,000 | 848,446,000 | 862,781,000 | 887,922,000 |
| Allowance for loan losses | 9,681,000 | 9,812,000 | 10,525,000 | 11,410,000 |
| Securities available for sale | 238,993,000 | 251,977,000 | 230,107,000 | 301,638,000 |
| Securities held to maturity | 0 | 815,000 | 730,000 | 1,630,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 884,066,000 | 792,799,000 | 750,983,000 | 847,595,000 |
| Interest-bearing deposits | 807,973,000 | 711,044,000 | 663,329,000 | 757,528,000 |
| Noninterest-bearing deposits | 76,093,000 | 81,755,000 | 87,654,000 | 90,067,000 |
| Equity capital | 98,107,000 | 95,460,000 | 96,321,000 | 119,921,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 18,750,000 | 36,016,000 | 53,178,000 | 70,224,000 |
| Interest expense | 9,362,000 | 16,858,000 | 24,179,000 | 31,103,000 |
| Net interest income | 9,388,000 | 19,158,000 | 28,999,000 | 39,121,000 |
| Noninterest income | 3,198,000 | 7,100,000 | 10,441,000 | 13,769,000 |
| Noninterest expense | 7,846,000 | 15,911,000 | 24,034,000 | 32,103,000 |
| Provision for loan losses | 778,000 | 2,268,000 | 5,405,000 | 7,568,000 |
| Pretax income | 3,962,000 | 8,064,000 | 9,986,000 | 13,204,000 |
| Income tax | 1,056,000 | 1,806,000 | 2,041,000 | 2,804,000 |
| Net income | 2,906,000 | 6,258,000 | 7,945,000 | 10,400,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 87,914,000 | 89,342,000 | 89,605,000 | 111,128,000 |
| Total capital | 97,595,000 | 99,154,000 | 100,130,000 | 122,538,000 |
| Risk-weighted assets | 897,728,000 | 882,654,000 | 892,525,000 | 934,881,000 |