Call reports 2014
NEW HORIZON BANK, NATIONAL ASSOCIATION — 2014
What NEW HORIZON BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 54,417,000 | 55,179,000 | 55,012,000 | 56,966,000 |
| Total loans | 35,827,000 | 36,802,000 | 39,721,000 | 39,520,000 |
| Allowance for loan losses | 381,000 | 375,000 | 389,000 | 390,000 |
| Securities available for sale | 2,983,000 | 2,018,000 | 2,016,000 | 2,044,000 |
| Securities held to maturity | 8,200,000 | 8,200,000 | 8,200,000 | 7,700,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,185,000 | 47,938,000 | 47,695,000 | 49,586,000 |
| Interest-bearing deposits | 39,285,000 | 39,089,000 | 39,530,000 | 40,796,000 |
| Noninterest-bearing deposits | 7,900,000 | 8,849,000 | 8,165,000 | 8,790,000 |
| Equity capital | 7,025,000 | 7,092,000 | 7,133,000 | 7,208,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 652,000 | 1,314,000 | 1,997,000 | 2,700,000 |
| Interest expense | 105,000 | 209,000 | 312,000 | 416,000 |
| Net interest income | 547,000 | 1,105,000 | 1,685,000 | 2,284,000 |
| Noninterest income | 34,000 | 77,000 | 129,000 | 184,000 |
| Noninterest expense | 517,000 | 1,047,000 | 1,593,000 | 2,163,000 |
| Provision for loan losses | 0 | 6,000 | 30,000 | 30,000 |
| Pretax income | 64,000 | 129,000 | 191,000 | 275,000 |
| Income tax | 20,000 | 41,000 | 61,000 | 88,000 |
| Net income | 44,000 | 88,000 | 130,000 | 187,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,480,000 | 6,548,000 | 6,640,000 | 6,710,000 |
| Total capital | 6,861,000 | 6,923,000 | 7,029,000 | 7,100,000 |
| Risk-weighted assets | 34,035,000 | 34,478,000 | 37,649,000 | 37,711,000 |