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Call reports 2023

HORICON BANK — 2023

What HORICON BANK reported to the FFIEC in 2023, quarter by quarter.

PERIOD: 2023SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/a49a6a6e-f1da-4545-a906-d67df96479e4/2023

Balance sheet

What the bank holds and owes at quarter end

Measure2023Q12023Q22023Q32023Q4
Total assets1,216,998,0001,252,036,0001,488,786,0001,504,309,000
Total loans930,150,000969,205,0001,191,225,0001,205,470,000
Allowance for loan losses10,153,00010,203,00011,469,00010,907,000
Securities available for sale212,958,000209,663,000182,922,000190,214,000
Securities held to maturity9,400,0009,400,0008,400,0008,400,000
Trading assets0000
Total deposits1,068,042,0001,082,264,0001,321,655,0001,330,497,000
Interest-bearing deposits772,021,000782,316,000952,035,000977,254,000
Noninterest-bearing deposits296,021,000299,948,000369,620,000353,243,000
Equity capital97,404,00097,059,000137,668,000144,259,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2023Q12023Q22023Q32023Q4
Interest income12,633,00025,979,00049,403,00067,554,000
Interest expense2,420,0006,307,00013,017,00018,813,000
Net interest income10,213,00019,672,00036,386,00048,741,000
Noninterest income1,346,0002,814,0004,971,0006,655,000
Noninterest expense9,186,00018,167,00031,644,00041,673,000
Provision for loan losses-122,000-112,0001,337,000784,000
Pretax income2,388,0004,308,0008,211,00012,880,000
Income tax001,0001,238,000
Net income2,388,0004,308,0008,210,00011,642,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2023Q12023Q22023Q32023Q4
Tier 1 capital106,437,000107,715,000130,099,000132,915,000
Total capital116,394,000117,739,000141,428,000143,659,000
Risk-weighted assets1,024,145,0001,058,586,0001,303,876,0001,331,584,000

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