Call reports 2003
HORICON BANK — 2003
What HORICON 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 | 308,296,000 | 311,200,000 | 329,675,000 | 312,536,000 |
| Total loans | 277,105,000 | 277,409,000 | 297,013,000 | 278,045,000 |
| Allowance for loan losses | 5,057,000 | 5,062,000 | 5,345,000 | 4,777,000 |
| Securities available for sale | 16,901,000 | 17,268,000 | 17,391,000 | 17,206,000 |
| Securities held to maturity | 0 | 1,000,000 | 1,000,000 | 1,200,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 243,733,000 | 249,012,000 | 249,991,000 | 257,707,000 |
| Interest-bearing deposits | 216,074,000 | 216,063,000 | 220,655,000 | 225,627,000 |
| Noninterest-bearing deposits | 27,659,000 | 32,949,000 | 29,336,000 | 32,080,000 |
| Equity capital | 28,541,000 | 28,637,000 | 29,049,000 | 29,881,000 |
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 | 4,789,000 | 9,407,000 | 14,061,000 | 18,506,000 |
| Interest expense | 1,585,000 | 3,012,000 | 4,364,000 | 5,644,000 |
| Net interest income | 3,204,000 | 6,395,000 | 9,697,000 | 12,862,000 |
| Noninterest income | 853,000 | 1,953,000 | 2,151,000 | 2,554,000 |
| Noninterest expense | 2,155,000 | 4,314,000 | 6,426,000 | 8,625,000 |
| Provision for loan losses | 15,000 | 550,000 | 952,000 | 899,000 |
| Pretax income | 1,887,000 | 3,484,000 | 4,470,000 | 5,892,000 |
| Income tax | 679,000 | 1,247,000 | 1,574,000 | 2,074,000 |
| Net income | 1,208,000 | 2,237,000 | 2,896,000 | 3,818,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,516,000 | 27,498,000 | 28,111,000 | 28,967,000 |
| Total capital | 30,573,000 | 30,602,000 | 31,328,000 | 32,096,000 |
| Risk-weighted assets | 242,573,000 | 246,377,000 | 255,267,000 | 248,683,000 |