Call reports 2003
HORIZON BANK — 2003
What HORIZON BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 820,867,000 | 823,453,000 | 817,782,000 | 820,497,000 |
| Total loans | 593,996,000 | 616,611,000 | 615,686,000 | 627,662,000 |
| Allowance for loan losses | 8,506,000 | 8,768,000 | 9,275,000 | 9,491,000 |
| Securities available for sale | 112,482,000 | 123,197,000 | 110,465,000 | 112,652,000 |
| Securities held to maturity | 3,162,000 | 2,675,000 | 2,322,000 | 2,093,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 652,502,000 | 652,561,000 | 648,454,000 | 647,523,000 |
| Interest-bearing deposits | 620,420,000 | 611,161,000 | 607,831,000 | 603,820,000 |
| Noninterest-bearing deposits | 32,082,000 | 41,400,000 | 40,623,000 | 43,703,000 |
| Equity capital | 106,029,000 | 107,659,000 | 108,017,000 | 108,126,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 12,748,000 | 25,489,000 | 38,022,000 | 50,133,000 |
| Interest expense | 4,358,000 | 8,495,000 | 12,427,000 | 16,190,000 |
| Net interest income | 8,390,000 | 16,994,000 | 25,595,000 | 33,943,000 |
| Noninterest income | 1,409,000 | 2,995,000 | 4,938,000 | 5,997,000 |
| Noninterest expense | 4,090,000 | 8,731,000 | 13,761,000 | 18,747,000 |
| Provision for loan losses | 1,040,000 | 1,565,000 | 2,065,000 | 2,285,000 |
| Pretax income | 4,669,000 | 9,697,000 | 14,751,000 | 19,143,000 |
| Income tax | 1,504,000 | 3,131,000 | 4,764,000 | 6,174,000 |
| Net income | 3,165,000 | 6,566,000 | 9,987,000 | 12,969,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 99,393,000 | 100,988,000 | 101,960,000 | 102,076,000 |
| Total capital | 109,147,000 | 111,139,000 | 112,199,000 | 112,718,000 |
| Risk-weighted assets | 583,549,000 | 613,350,000 | 626,365,000 | 651,193,000 |