Call reports 2011
NEW HORIZON BANK, NATIONAL ASSOCIATION — 2011
What NEW HORIZON BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 27,404,000 | 32,396,000 | 41,703,000 | 46,964,000 |
| Total loans | 17,700,000 | 21,484,000 | 21,679,000 | 26,540,000 |
| Allowance for loan losses | 199,000 | 249,000 | 266,000 | 283,000 |
| Securities available for sale | 0 | 1,004,000 | 1,501,000 | 1,504,000 |
| Securities held to maturity | 8,694,000 | 9,194,000 | 16,846,000 | 16,650,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,490,000 | 23,905,000 | 29,298,000 | 32,691,000 |
| Interest-bearing deposits | 16,110,000 | 21,307,000 | 24,667,000 | 28,761,000 |
| Noninterest-bearing deposits | 2,380,000 | 2,598,000 | 4,631,000 | 3,930,000 |
| Equity capital | 6,389,000 | 6,239,000 | 6,152,000 | 6,092,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 319,000 | 676,000 | 1,098,000 | 1,556,000 |
| Interest expense | 55,000 | 127,000 | 213,000 | 304,000 |
| Net interest income | 264,000 | 549,000 | 885,000 | 1,252,000 |
| Noninterest income | 14,000 | 32,000 | 51,000 | 73,000 |
| Noninterest expense | 421,000 | 828,000 | 1,238,000 | 1,675,000 |
| Provision for loan losses | 17,000 | 67,000 | 97,000 | 113,000 |
| Pretax income | -160,000 | -314,000 | -399,000 | -463,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -160,000 | -314,000 | -399,000 | -463,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,389,000 | 6,235,000 | 6,151,000 | 6,086,000 |
| Total capital | 6,588,000 | 6,484,000 | 6,417,000 | 6,369,000 |
| Risk-weighted assets | 18,943,000 | 21,217,000 | 22,069,000 | 24,728,000 |