Call reports 2007
NEW HORIZONS BANK — 2007
What NEW HORIZONS BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 109,924,000 | 123,657,000 | 126,262,000 | 128,334,000 |
| Total loans | 92,884,000 | 102,356,000 | 105,113,000 | 108,679,000 |
| Allowance for loan losses | 927,000 | 1,023,000 | 1,075,000 | 1,099,000 |
| Securities available for sale | 11,408,000 | 11,141,000 | 14,823,000 | 13,572,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,349,000 | 112,533,000 | 114,939,000 | 111,061,000 |
| Interest-bearing deposits | 95,006,000 | 106,446,000 | 109,260,000 | 106,246,000 |
| Noninterest-bearing deposits | 5,343,000 | 6,087,000 | 5,679,000 | 4,815,000 |
| Equity capital | 8,764,000 | 9,717,000 | 10,146,000 | 10,469,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 2,113,000 | 4,368,000 | 6,840,000 | 9,275,000 |
| Interest expense | 1,211,000 | 2,499,000 | 3,934,000 | 5,351,000 |
| Net interest income | 902,000 | 1,869,000 | 2,906,000 | 3,924,000 |
| Noninterest income | 73,000 | 84,000 | 152,000 | 225,000 |
| Noninterest expense | 638,000 | 1,359,000 | 2,093,000 | 2,776,000 |
| Provision for loan losses | 32,000 | 172,000 | 230,000 | 332,000 |
| Pretax income | 305,000 | 422,000 | 735,000 | 1,041,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 305,000 | 422,000 | 735,000 | 1,041,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,905,000 | 9,915,000 | 10,228,000 | 10,426,000 |
| Total capital | 9,832,000 | 10,938,000 | 11,303,000 | 11,525,000 |
| Risk-weighted assets | 96,656,000 | 106,704,000 | 108,372,000 | 111,443,000 |