Call reports 2015
NEW HORIZON BANK, NATIONAL ASSOCIATION — 2015
What NEW HORIZON BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 56,822,000 | 57,100,000 | 59,852,000 | 61,986,000 |
| Total loans | 41,131,000 | 42,070,000 | 46,720,000 | 50,371,000 |
| Allowance for loan losses | 362,000 | 367,000 | 400,000 | 437,000 |
| Securities available for sale | 2,077,000 | 2,062,000 | 1,582,000 | 1,563,000 |
| Securities held to maturity | 7,700,000 | 7,700,000 | 7,700,000 | 7,700,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,344,000 | 49,633,000 | 52,271,000 | 54,309,000 |
| Interest-bearing deposits | 41,134,000 | 38,704,000 | 41,208,000 | 44,399,000 |
| Noninterest-bearing deposits | 8,210,000 | 10,929,000 | 11,063,000 | 9,910,000 |
| Equity capital | 7,274,000 | 7,322,000 | 7,390,000 | 7,497,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 710,000 | 1,449,000 | 2,227,000 | 3,075,000 |
| Interest expense | 98,000 | 198,000 | 298,000 | 400,000 |
| Net interest income | 612,000 | 1,251,000 | 1,929,000 | 2,675,000 |
| Noninterest income | 44,000 | 89,000 | 136,000 | 202,000 |
| Noninterest expense | 588,000 | 1,180,000 | 1,769,000 | 2,370,000 |
| Provision for loan losses | 2,000 | 7,000 | 62,000 | 92,000 |
| Pretax income | 66,000 | 153,000 | 234,000 | 415,000 |
| Income tax | 21,000 | 50,000 | 77,000 | 139,000 |
| Net income | 45,000 | 103,000 | 157,000 | 276,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,804,000 | 6,890,000 | 6,972,000 | 7,153,000 |
| Total capital | 7,166,000 | 7,257,000 | 7,372,000 | 7,590,000 |
| Risk-weighted assets | 40,790,000 | 41,754,000 | 47,046,000 | 51,524,000 |