Call reports 2004
NEW HORIZONS BANK — 2004
What NEW HORIZONS BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|
| Total assets | 16,122,000 | 29,353,000 | 41,488,000 |
| Total loans | 4,001,000 | 18,166,000 | 26,426,000 |
| Allowance for loan losses | 40,000 | 182,000 | 264,000 |
| Securities available for sale | 7,739,000 | 7,708,000 | 7,819,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 8,728,000 | 22,153,000 | 34,537,000 |
| Interest-bearing deposits | 8,326,000 | 20,886,000 | 32,377,000 |
| Noninterest-bearing deposits | 402,000 | 1,267,000 | 2,160,000 |
| Equity capital | 7,382,000 | 7,159,000 | 6,890,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|
| Interest income | 69,000 | 344,000 | 750,000 |
| Interest expense | 15,000 | 116,000 | 293,000 |
| Net interest income | 54,000 | 228,000 | 457,000 |
| Noninterest income | 1,000 | 8,000 | 28,000 |
| Noninterest expense | 493,000 | 865,000 | 1,247,000 |
| Provision for loan losses | 40,000 | 182,000 | 264,000 |
| Pretax income | -478,000 | -811,000 | -1,026,000 |
| Income tax | 0 | 0 | 0 |
| Net income | -478,000 | -811,000 | -1,026,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|
| Tier 1 capital | 7,522,000 | 7,189,000 | 6,974,000 |
| Total capital | 7,562,000 | 7,371,000 | 7,238,000 |
| Risk-weighted assets | 7,296,000 | 21,493,000 | 31,758,000 |