Call reports 2020
HORICON BANK — 2020
What HORICON BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 885,006,000 | 1,041,844,000 | 1,060,057,000 | 1,119,003,000 |
| Total loans | 771,500,000 | 854,259,000 | 853,791,000 | 821,610,000 |
| Allowance for loan losses | 9,153,000 | 11,031,000 | 11,857,000 | 10,434,000 |
| Securities available for sale | 23,046,000 | 23,942,000 | 22,751,000 | 22,751,000 |
| Securities held to maturity | 1,450,000 | 1,450,000 | 2,450,000 | 2,950,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 780,459,000 | 930,159,000 | 943,802,000 | 997,200,000 |
| Interest-bearing deposits | 593,805,000 | 652,030,000 | 671,170,000 | 718,985,000 |
| Noninterest-bearing deposits | 186,654,000 | 278,129,000 | 272,632,000 | 278,215,000 |
| Equity capital | 91,772,000 | 94,319,000 | 99,149,000 | 101,903,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 9,814,000 | 19,675,000 | 29,622,000 | 39,873,000 |
| Interest expense | 1,535,000 | 2,820,000 | 3,967,000 | 4,895,000 |
| Net interest income | 8,279,000 | 16,855,000 | 25,655,000 | 34,978,000 |
| Noninterest income | 1,692,000 | 3,765,000 | 7,121,000 | 11,011,000 |
| Noninterest expense | 6,651,000 | 13,032,000 | 19,727,000 | 28,951,000 |
| Provision for loan losses | 1,320,000 | 3,414,000 | 4,205,000 | 2,755,000 |
| Pretax income | 2,207,000 | 4,384,000 | 9,054,000 | 14,550,000 |
| Income tax | 0 | 0 | 0 | 972,000 |
| Net income | 2,207,000 | 4,384,000 | 9,054,000 | 13,578,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 88,825,000 | 91,186,000 | 96,035,000 | 98,835,000 |
| Total capital | 97,978,000 | 101,683,000 | 106,705,000 | 109,269,000 |
| Risk-weighted assets | 834,031,000 | 839,268,000 | 852,451,000 | 857,464,000 |