Call reports 2014
HORIZON BANK — 2014
What HORIZON BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 1,807,706,000 | 2,074,753,000 | 2,039,942,000 | 2,079,078,000 |
| Total loans | 1,106,129,000 | 1,328,780,000 | 1,347,188,000 | 1,384,697,000 |
| Allowance for loan losses | 16,102,000 | 15,660,000 | 16,160,000 | 16,501,000 |
| Securities available for sale | 518,492,000 | 363,713,000 | 323,492,000 | 323,764,000 |
| Securities held to maturity | 9,910,000 | 173,200,000 | 172,449,000 | 165,767,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,374,185,000 | 1,511,823,000 | 1,463,924,000 | 1,497,971,000 |
| Interest-bearing deposits | 1,117,072,000 | 1,229,080,000 | 1,171,137,000 | 1,214,652,000 |
| Noninterest-bearing deposits | 257,113,000 | 282,743,000 | 292,787,000 | 283,319,000 |
| Equity capital | 182,704,000 | 206,589,000 | 207,626,000 | 211,579,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 16,464,000 | 36,583,000 | 56,431,000 | 76,192,000 |
| Interest expense | 2,699,000 | 5,532,000 | 8,477,000 | 11,213,000 |
| Net interest income | 13,765,000 | 31,051,000 | 47,954,000 | 64,979,000 |
| Noninterest income | 5,261,000 | 12,118,000 | 18,534,000 | 25,271,000 |
| Noninterest expense | 14,611,000 | 30,907,000 | 46,211,000 | 61,862,000 |
| Provision for loan losses | 0 | 339,000 | 2,080,000 | 3,058,000 |
| Pretax income | 4,415,000 | 11,923,000 | 19,185,000 | 26,318,000 |
| Income tax | 1,046,000 | 3,342,000 | 5,268,000 | 7,004,000 |
| Net income | 3,369,000 | 8,581,000 | 13,917,000 | 19,314,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 156,488,000 | 169,847,000 | 173,208,000 | 176,103,000 |
| Total capital | 171,701,000 | 185,507,000 | 189,368,000 | 192,604,000 |
| Risk-weighted assets | 1,216,164,000 | 1,480,730,000 | 1,428,392,000 | 1,472,071,000 |