Call reports 2023
NEW HORIZON BANK, NATIONAL ASSOCIATION — 2023
What NEW HORIZON BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 141,669,000 | 131,025,000 | 122,747,000 | 148,509,000 |
| Total loans | 72,299,000 | 73,706,000 | 73,280,000 | 72,026,000 |
| Allowance for loan losses | 890,000 | 881,000 | 897,000 | 879,000 |
| Securities available for sale | 34,938,000 | 33,630,000 | 32,394,000 | 32,978,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 117,089,000 | 113,743,000 | 105,918,000 | 130,828,000 |
| Interest-bearing deposits | 80,298,000 | 74,009,000 | 73,413,000 | 81,859,000 |
| Noninterest-bearing deposits | 36,791,000 | 39,734,000 | 32,505,000 | 48,969,000 |
| Equity capital | 17,436,000 | 17,098,000 | 16,640,000 | 17,230,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,453,000 | 3,031,000 | 4,498,000 | 6,171,000 |
| Interest expense | 174,000 | 434,000 | 766,000 | 1,162,000 |
| Net interest income | 1,279,000 | 2,597,000 | 3,732,000 | 5,009,000 |
| Noninterest income | 76,000 | 163,000 | 248,000 | 324,000 |
| Noninterest expense | 1,031,000 | 2,249,000 | 3,370,000 | 5,021,000 |
| Provision for loan losses | -48,000 | -57,000 | -41,000 | -58,000 |
| Pretax income | 372,000 | 568,000 | 651,000 | 369,000 |
| Income tax | 50,000 | 94,000 | 94,000 | 78,000 |
| Net income | 322,000 | 474,000 | 557,000 | 291,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,750,000 | 17,909,000 | 17,999,000 | 17,740,000 |