Call reports 2008
NEW HORIZONS BANK — 2008
What NEW HORIZONS BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 129,774,000 | 130,499,000 | 129,049,000 | 129,706,000 |
| Total loans | 109,439,000 | 110,276,000 | 110,607,000 | 109,587,000 |
| Allowance for loan losses | 1,134,000 | 1,242,000 | 1,216,000 | 1,982,000 |
| Securities available for sale | 13,526,000 | 12,949,000 | 12,675,000 | 12,520,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 113,510,000 | 112,825,000 | 113,604,000 | 115,135,000 |
| Interest-bearing deposits | 108,424,000 | 107,374,000 | 109,029,000 | 110,895,000 |
| Noninterest-bearing deposits | 5,086,000 | 5,451,000 | 4,575,000 | 4,240,000 |
| Equity capital | 10,687,000 | 10,438,000 | 10,426,000 | 10,308,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 2,261,000 | 4,328,000 | 6,361,000 | 8,277,000 |
| Interest expense | 1,322,000 | 2,488,000 | 3,577,000 | 4,640,000 |
| Net interest income | 939,000 | 1,840,000 | 2,784,000 | 3,637,000 |
| Noninterest income | 41,000 | 54,000 | -183,000 | -232,000 |
| Noninterest expense | 725,000 | 1,420,000 | 2,127,000 | 2,838,000 |
| Provision for loan losses | 105,000 | 305,000 | 390,000 | 1,204,000 |
| Pretax income | 176,000 | 195,000 | 110,000 | -611,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 176,000 | 195,000 | 110,000 | -611,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,468,000 | 10,488,000 | 10,503,000 | 10,182,000 |
| Total capital | 11,602,000 | 11,730,000 | 11,719,000 | 11,547,000 |
| Risk-weighted assets | 111,575,000 | 112,956,000 | 110,637,000 | 108,553,000 |