Call reports 2022
NEW HORIZON BANK, NATIONAL ASSOCIATION — 2022
What NEW HORIZON BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 132,987,000 | 136,290,000 | 129,330,000 | 122,428,000 |
| Total loans | 73,070,000 | 70,862,000 | 69,884,000 | 73,980,000 |
| Allowance for loan losses | 142,000 | 151,000 | 163,000 | 194,000 |
| Securities available for sale | 38,187,000 | 46,458,000 | 43,233,000 | 34,807,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 114,244,000 | 118,340,000 | 112,296,000 | 102,689,000 |
| Interest-bearing deposits | 89,260,000 | 84,947,000 | 81,418,000 | 75,298,000 |
| Noninterest-bearing deposits | 24,984,000 | 33,393,000 | 30,878,000 | 27,391,000 |
| Equity capital | 18,485,000 | 17,757,000 | 16,821,000 | 17,234,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,049,000 | 2,045,000 | 3,318,000 | 4,606,000 |
| Interest expense | 67,000 | 139,000 | 212,000 | 324,000 |
| Net interest income | 982,000 | 1,906,000 | 3,106,000 | 4,282,000 |
| Noninterest income | 29,000 | 140,000 | 216,000 | 306,000 |
| Noninterest expense | 974,000 | 2,071,000 | 3,183,000 | 4,233,000 |
| Provision for loan losses | 4,000 | 14,000 | 33,000 | 65,000 |
| Pretax income | 33,000 | -39,000 | 106,000 | 310,000 |
| Income tax | 22,000 | 22,000 | 22,000 | 61,000 |
| Net income | 11,000 | -61,000 | 84,000 | 249,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,211,000 | 17,146,000 | 17,297,000 | 17,568,000 |