Call reports 2013
NEW HORIZON BANK, NATIONAL ASSOCIATION — 2013
What NEW HORIZON BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 45,142,000 | 47,530,000 | 51,449,000 | 51,997,000 |
| Total loans | 33,269,000 | 34,527,000 | 35,332,000 | 36,194,000 |
| Allowance for loan losses | 348,000 | 362,000 | 372,000 | 381,000 |
| Securities available for sale | 2,094,000 | 2,982,000 | 2,988,000 | 2,956,000 |
| Securities held to maturity | 8,500,000 | 7,700,000 | 7,700,000 | 8,200,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,909,000 | 41,421,000 | 45,230,000 | 44,841,000 |
| Interest-bearing deposits | 34,092,000 | 36,445,000 | 38,486,000 | 38,686,000 |
| Noninterest-bearing deposits | 4,817,000 | 4,976,000 | 6,744,000 | 6,155,000 |
| Equity capital | 6,025,000 | 5,935,000 | 6,041,000 | 6,963,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 598,000 | 1,229,000 | 1,894,000 | 2,562,000 |
| Interest expense | 100,000 | 205,000 | 313,000 | 421,000 |
| Net interest income | 498,000 | 1,024,000 | 1,581,000 | 2,141,000 |
| Noninterest income | 42,000 | 73,000 | 124,000 | 194,000 |
| Noninterest expense | 509,000 | 1,031,000 | 1,528,000 | 2,026,000 |
| Provision for loan losses | 22,000 | 36,000 | 47,000 | 55,000 |
| Pretax income | 9,000 | 30,000 | 130,000 | 254,000 |
| Income tax | 0 | 0 | 0 | -782,000 |
| Net income | 9,000 | 30,000 | 130,000 | 1,036,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,031,000 | 6,052,000 | 6,152,000 | 6,447,000 |
| Total capital | 6,379,000 | 6,414,000 | 6,524,000 | 6,828,000 |
| Risk-weighted assets | 30,531,000 | 31,755,000 | 32,976,000 | 34,444,000 |