Call reports 2008
HORIZON BANK — 2008
What HORIZON 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 | 1,391,681,000 | 1,447,296,000 | 1,450,247,000 | 1,471,821,000 |
| Total loans | 1,213,236,000 | 1,267,054,000 | 1,266,771,000 | 1,214,550,000 |
| Allowance for loan losses | 19,114,000 | 19,149,000 | 25,579,000 | 25,309,000 |
| Securities available for sale | 80,106,000 | 76,917,000 | 71,428,000 | 68,146,000 |
| Securities held to maturity | 30,000 | 16,000 | 10,000 | 8,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,039,200,000 | 1,097,107,000 | 1,147,914,000 | 1,196,078,000 |
| Interest-bearing deposits | 1,014,908,000 | 1,068,406,000 | 1,128,359,000 | 1,176,372,000 |
| Noninterest-bearing deposits | 24,292,000 | 28,701,000 | 19,555,000 | 19,706,000 |
| Equity capital | 127,560,000 | 126,795,000 | 121,237,000 | 117,473,000 |
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 | 23,809,000 | 45,536,000 | 66,428,000 | 85,776,000 |
| Interest expense | 11,130,000 | 21,309,000 | 31,144,000 | 41,089,000 |
| Net interest income | 12,679,000 | 24,227,000 | 35,284,000 | 44,687,000 |
| Noninterest income | 1,442,000 | 2,784,000 | 4,707,000 | 5,733,000 |
| Noninterest expense | 6,816,000 | 14,085,000 | 21,818,000 | 29,751,000 |
| Provision for loan losses | 2,000,000 | 5,000,000 | 17,000,000 | 27,000,000 |
| Pretax income | 5,785,000 | 8,985,000 | 1,455,000 | -6,351,000 |
| Income tax | 1,806,000 | 2,721,000 | -354,000 | -3,231,000 |
| Net income | 3,979,000 | 6,264,000 | 1,809,000 | -3,120,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 125,058,000 | 125,736,000 | 120,682,000 | 116,299,000 |
| Total capital | 142,118,000 | 142,990,000 | 137,784,000 | 132,871,000 |
| Risk-weighted assets | 1,289,466,000 | 1,349,989,000 | 1,331,246,000 | 1,294,092,000 |