Call reports 2024
HORICON BANK — 2024
What HORICON BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 1,496,228,000 | 1,534,018,000 | 1,595,798,000 | 1,578,788,000 |
| Total loans | 1,214,673,000 | 1,236,464,000 | 1,255,949,000 | 1,245,420,000 |
| Allowance for loan losses | 11,433,000 | 11,982,000 | 12,152,000 | 12,715,000 |
| Securities available for sale | 189,842,000 | 185,644,000 | 166,569,000 | 139,590,000 |
| Securities held to maturity | 8,400,000 | 8,400,000 | 8,400,000 | 8,400,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,298,339,000 | 1,333,490,000 | 1,382,883,000 | 1,368,662,000 |
| Interest-bearing deposits | 978,111,000 | 990,325,000 | 1,030,948,000 | 1,025,919,000 |
| Noninterest-bearing deposits | 320,228,000 | 343,165,000 | 351,935,000 | 342,743,000 |
| Equity capital | 144,337,000 | 145,858,000 | 152,759,000 | 153,480,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 18,542,000 | 38,186,000 | 59,056,000 | 80,236,000 |
| Interest expense | 6,603,000 | 13,451,000 | 20,821,000 | 28,002,000 |
| Net interest income | 11,939,000 | 24,735,000 | 38,235,000 | 52,234,000 |
| Noninterest income | 1,600,000 | 3,362,000 | 5,368,000 | 7,354,000 |
| Noninterest expense | 11,002,000 | 21,632,000 | 32,405,000 | 43,957,000 |
| Provision for loan losses | 501,000 | 1,096,000 | 1,321,000 | 1,891,000 |
| Pretax income | 2,051,000 | 5,378,000 | 9,892,000 | 13,759,000 |
| Income tax | 0 | 0 | 0 | 20,000 |
| Net income | 2,051,000 | 5,378,000 | 9,892,000 | 13,739,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 133,710,000 | 135,302,000 | 139,188,000 | 141,635,000 |
| Total capital | 145,079,000 | 147,225,000 | 151,276,000 | 154,314,000 |
| Risk-weighted assets | 1,329,142,000 | 1,349,148,000 | 1,365,051,000 | 1,339,483,000 |