Call reports 2004
HORICON BANK — 2004
What HORICON BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 311,521,000 | 323,925,000 | 338,310,000 | 348,607,000 |
| Total loans | 276,169,000 | 286,749,000 | 298,933,000 | 308,744,000 |
| Allowance for loan losses | 4,749,000 | 4,903,000 | 5,084,000 | 4,732,000 |
| Securities available for sale | 17,699,000 | 21,250,000 | 22,968,000 | 22,134,000 |
| Securities held to maturity | 1,200,000 | 1,200,000 | 1,200,000 | 1,200,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 258,739,000 | 257,457,000 | 256,656,000 | 285,136,000 |
| Interest-bearing deposits | 225,327,000 | 224,009,000 | 219,481,000 | 246,870,000 |
| Noninterest-bearing deposits | 33,412,000 | 33,448,000 | 37,175,000 | 38,266,000 |
| Equity capital | 30,029,000 | 30,037,000 | 31,092,000 | 32,158,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 4,208,000 | 8,433,000 | 12,902,000 | 18,110,000 |
| Interest expense | 1,228,000 | 2,435,000 | 3,725,000 | 5,184,000 |
| Net interest income | 2,980,000 | 5,998,000 | 9,177,000 | 12,926,000 |
| Noninterest income | 728,000 | 824,000 | 1,435,000 | 1,858,000 |
| Noninterest expense | 2,386,000 | 4,777,000 | 7,071,000 | 9,326,000 |
| Provision for loan losses | 0 | 227,000 | 436,000 | 121,000 |
| Pretax income | 1,322,000 | 1,818,000 | 3,105,000 | 5,337,000 |
| Income tax | 462,000 | 602,000 | 1,033,000 | 1,883,000 |
| Net income | 860,000 | 1,216,000 | 2,072,000 | 3,454,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,006,000 | 29,330,000 | 30,130,000 | 31,259,000 |
| Total capital | 32,149,000 | 32,565,000 | 33,609,000 | 34,912,000 |
| Risk-weighted assets | 249,840,000 | 257,124,000 | 275,058,000 | 288,668,000 |