Call reports 2005
NEW HORIZONS BANK — 2005
What NEW HORIZONS BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 51,171,000 | 63,989,000 | 71,694,000 | 81,095,000 |
| Total loans | 37,008,000 | 47,397,000 | 55,549,000 | 64,309,000 |
| Allowance for loan losses | 371,000 | 473,000 | 555,000 | 641,000 |
| Securities available for sale | 8,555,000 | 8,444,000 | 8,185,000 | 7,981,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,519,000 | 55,380,000 | 65,080,000 | 74,432,000 |
| Interest-bearing deposits | 40,297,000 | 51,731,000 | 61,984,000 | 70,882,000 |
| Noninterest-bearing deposits | 4,222,000 | 3,649,000 | 3,096,000 | 3,550,000 |
| Equity capital | 6,561,000 | 6,487,000 | 6,439,000 | 6,516,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 569,000 | 1,322,000 | 2,320,000 | 3,548,000 |
| Interest expense | 254,000 | 614,000 | 1,114,000 | 1,752,000 |
| Net interest income | 315,000 | 708,000 | 1,206,000 | 1,796,000 |
| Noninterest income | 40,000 | 73,000 | 119,000 | 175,000 |
| Noninterest expense | 465,000 | 930,000 | 1,401,000 | 1,879,000 |
| Provision for loan losses | 107,000 | 215,000 | 297,000 | 385,000 |
| Pretax income | -217,000 | -364,000 | -373,000 | -293,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -217,000 | -364,000 | -373,000 | -293,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,757,000 | 6,610,000 | 6,601,000 | 6,761,000 |
| Total capital | 7,128,000 | 7,083,000 | 7,156,000 | 7,402,000 |
| Risk-weighted assets | 41,723,000 | 52,554,000 | 60,393,000 | 68,503,000 |