Call reports 2021
NEW HORIZON BANK, NATIONAL ASSOCIATION — 2021
What NEW HORIZON BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 121,551,000 | 126,056,000 | 122,812,000 | 125,232,000 |
| Total loans | 77,592,000 | 76,551,000 | 72,859,000 | 71,171,000 |
| Allowance for loan losses | 6,000 | 3,000 | 56,000 | 136,000 |
| Securities available for sale | 29,114,000 | 21,778,000 | 34,973,000 | 19,972,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,955,000 | 106,313,000 | 105,590,000 | 108,221,000 |
| Interest-bearing deposits | 81,029,000 | 84,243,000 | 82,457,000 | 84,719,000 |
| Noninterest-bearing deposits | 20,926,000 | 22,070,000 | 23,133,000 | 23,502,000 |
| Equity capital | 16,827,000 | 17,118,000 | 17,085,000 | 16,829,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 395,000 | 1,453,000 | 2,506,000 | 3,543,000 |
| Interest expense | 78,000 | 84,000 | 154,000 | 224,000 |
| Net interest income | 317,000 | 1,369,000 | 2,352,000 | 3,319,000 |
| Noninterest income | 37,000 | 131,000 | 277,000 | 381,000 |
| Noninterest expense | 373,000 | 1,372,000 | 2,517,000 | 3,440,000 |
| Provision for loan losses | 6,000 | 15,000 | 67,000 | 135,000 |
| Pretax income | -25,000 | 113,000 | 45,000 | 125,000 |
| Income tax | 0 | 19,000 | 41,000 | 6,000 |
| Net income | -25,000 | 94,000 | 4,000 | 119,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,526,000 | 14,741,000 | 14,672,000 | 14,694,000 |
| Total capital | 14,533,000 | 14,745,000 | 14,729,000 | 14,831,000 |
| Risk-weighted assets | 70,758,000 | 71,808,000 | 68,886,000 | 68,370,000 |