Call reports 2018
NEW HORIZON BANK, NATIONAL ASSOCIATION — 2018
What NEW HORIZON BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 78,736,000 | 84,061,000 | 81,868,000 | 84,040,000 |
| Total loans | 63,466,000 | 65,477,000 | 65,541,000 | 66,554,000 |
| Allowance for loan losses | 559,000 | 559,000 | 559,000 | 554,000 |
| Securities available for sale | 5,139,000 | 4,927,000 | 4,701,000 | 4,582,000 |
| Securities held to maturity | 2,400,000 | 2,400,000 | 2,400,000 | 2,400,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,072,000 | 73,808,000 | 71,504,000 | 73,572,000 |
| Interest-bearing deposits | 57,242,000 | 58,254,000 | 58,504,000 | 62,545,000 |
| Noninterest-bearing deposits | 12,830,000 | 15,554,000 | 13,000,000 | 11,027,000 |
| Equity capital | 8,467,000 | 8,628,000 | 8,681,000 | 8,854,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 972,000 | 1,977,000 | 3,026,000 | 4,091,000 |
| Interest expense | 146,000 | 307,000 | 511,000 | 737,000 |
| Net interest income | 826,000 | 1,670,000 | 2,515,000 | 3,354,000 |
| Noninterest income | 52,000 | 108,000 | 160,000 | 218,000 |
| Noninterest expense | 703,000 | 1,400,000 | 2,154,000 | 2,891,000 |
| Provision for loan losses | 8,000 | 8,000 | 8,000 | 17,000 |
| Pretax income | 167,000 | 370,000 | 513,000 | 664,000 |
| Income tax | 35,000 | 78,000 | 108,000 | 137,000 |
| Net income | 132,000 | 292,000 | 405,000 | 527,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,617,000 | 8,778,000 | 8,845,000 | 8,967,000 |
| Total capital | 9,176,000 | 9,337,000 | 9,404,000 | 9,522,000 |
| Risk-weighted assets | 67,924,000 | 71,417,000 | 69,370,000 | 71,804,000 |