Call reports 2008
HORICON BANK — 2008
What HORICON 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 | 450,857,000 | 475,614,000 | 491,648,000 | 492,397,000 |
| Total loans | 407,482,000 | 432,039,000 | 450,062,000 | 454,112,000 |
| Allowance for loan losses | 5,419,000 | 5,832,000 | 6,073,000 | 6,845,000 |
| Securities available for sale | 22,649,000 | 20,453,000 | 18,926,000 | 17,693,000 |
| Securities held to maturity | 1,200,000 | 1,200,000 | 1,200,000 | 1,200,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 373,178,000 | 384,527,000 | 416,798,000 | 410,254,000 |
| Interest-bearing deposits | 330,856,000 | 340,048,000 | 374,289,000 | 363,506,000 |
| Noninterest-bearing deposits | 42,322,000 | 44,479,000 | 42,509,000 | 46,748,000 |
| Equity capital | 39,629,000 | 38,901,000 | 42,168,000 | 42,747,000 |
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 | 7,262,000 | 14,316,000 | 21,541,000 | 28,731,000 |
| Interest expense | 3,456,000 | 6,579,000 | 9,728,000 | 12,736,000 |
| Net interest income | 3,806,000 | 7,737,000 | 11,813,000 | 15,995,000 |
| Noninterest income | 481,000 | 858,000 | 1,366,000 | 1,748,000 |
| Noninterest expense | 3,087,000 | 6,171,000 | 9,259,000 | 12,066,000 |
| Provision for loan losses | 226,000 | 892,000 | 1,179,000 | 1,977,000 |
| Pretax income | 1,156,000 | 1,714,000 | 2,931,000 | 3,885,000 |
| Income tax | 0 | 0 | 0 | -106,000 |
| Net income | 1,156,000 | 1,714,000 | 2,931,000 | 3,991,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,766,000 | 38,442,000 | 41,677,000 | 42,265,000 |
| Total capital | 43,895,000 | 43,855,000 | 47,333,000 | 47,964,000 |
| Risk-weighted assets | 410,069,000 | 432,658,000 | 452,024,000 | 454,808,000 |