Call reports 2010
NEW HORIZONS BANK — 2010
What NEW HORIZONS BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 124,190,000 | 123,346,000 | 119,040,000 | 110,711,000 |
| Total loans | 95,760,000 | 95,684,000 | 86,892,000 | 76,261,000 |
| Allowance for loan losses | 3,165,000 | 2,956,000 | 1,819,000 | 2,107,000 |
| Securities available for sale | 12,103,000 | 11,703,000 | 11,162,000 | 10,433,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 112,041,000 | 111,778,000 | 110,016,000 | 106,121,000 |
| Interest-bearing deposits | 107,341,000 | 106,700,000 | 105,277,000 | 101,667,000 |
| Noninterest-bearing deposits | 4,700,000 | 5,078,000 | 4,739,000 | 4,454,000 |
| Equity capital | 7,003,000 | 6,317,000 | 3,844,000 | 485,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,403,000 | 2,749,000 | 3,983,000 | 5,205,000 |
| Interest expense | 635,000 | 1,212,000 | 1,736,000 | 2,200,000 |
| Net interest income | 768,000 | 1,537,000 | 2,247,000 | 3,005,000 |
| Noninterest income | -65,000 | -523,000 | -483,000 | -451,000 |
| Noninterest expense | 849,000 | 1,827,000 | 2,707,000 | 3,797,000 |
| Provision for loan losses | 213,000 | 363,000 | 2,736,000 | 5,717,000 |
| Pretax income | -359,000 | -1,176,000 | -3,645,000 | -6,926,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -359,000 | -1,176,000 | -3,645,000 | -6,926,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,876,000 | 6,059,000 | 3,590,000 | 309,000 |
| Total capital | 8,100,000 | 7,268,000 | 4,727,000 | 618,000 |
| Risk-weighted assets | 96,018,000 | 94,991,000 | 90,283,000 | 82,741,000 |