Call reports 2017
NEW HORIZON BANK, NATIONAL ASSOCIATION — 2017
What NEW HORIZON BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 75,547,000 | 77,383,000 | 76,959,000 | 76,325,000 |
| Total loans | 56,384,000 | 59,635,000 | 62,789,000 | 62,892,000 |
| Allowance for loan losses | 525,000 | 532,000 | 568,000 | 572,000 |
| Securities available for sale | 6,177,000 | 5,954,000 | 5,710,000 | 5,434,000 |
| Securities held to maturity | 2,400,000 | 2,400,000 | 2,400,000 | 2,400,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,340,000 | 69,015,000 | 68,505,000 | 67,533,000 |
| Interest-bearing deposits | 56,474,000 | 58,024,000 | 58,068,000 | 56,809,000 |
| Noninterest-bearing deposits | 10,866,000 | 10,991,000 | 10,437,000 | 10,724,000 |
| Equity capital | 8,048,000 | 8,197,000 | 8,358,000 | 8,398,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,066,000 | 2,016,000 | 3,027,000 | 4,046,000 |
| Interest expense | 142,000 | 288,000 | 442,000 | 594,000 |
| Net interest income | 924,000 | 1,728,000 | 2,585,000 | 3,452,000 |
| Noninterest income | 73,000 | 132,000 | 185,000 | 235,000 |
| Noninterest expense | 654,000 | 1,322,000 | 1,968,000 | 2,605,000 |
| Provision for loan losses | 0 | 19,000 | 55,000 | 60,000 |
| Pretax income | 343,000 | 519,000 | 747,000 | 1,022,000 |
| Income tax | 116,000 | 175,000 | 252,000 | 452,000 |
| Net income | 227,000 | 344,000 | 495,000 | 570,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,005,000 | 8,245,000 | 8,396,000 | 8,485,000 |
| Total capital | 8,530,000 | 8,777,000 | 8,964,000 | 9,057,000 |
| Risk-weighted assets | 57,195,000 | 59,870,000 | 63,410,000 | 64,471,000 |