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 | 73,356,000 | 74,277,000 | 74,206,000 | 73,963,000 |
| Total loans | 45,604,000 | 45,533,000 | 45,495,000 | 45,424,000 |
| Allowance for loan losses | 726,000 | 683,000 | 692,000 | 657,000 |
| Securities available for sale | 12,477,000 | 12,788,000 | 14,790,000 | 16,426,000 |
| Securities held to maturity | 495,000 | 496,000 | 416,000 | 415,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,386,000 | 59,983,000 | 59,830,000 | 59,424,000 |
| Interest-bearing deposits | 50,451,000 | 51,287,000 | 50,923,000 | 50,930,000 |
| Noninterest-bearing deposits | 8,935,000 | 8,696,000 | 8,907,000 | 8,494,000 |
| Equity capital | 13,060,000 | 13,310,000 | 13,468,000 | 13,050,000 |
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 | 952,000 | 1,915,000 | 2,936,000 | 3,900,000 |
| Interest expense | 276,000 | 557,000 | 814,000 | 1,038,000 |
| Net interest income | 676,000 | 1,358,000 | 2,122,000 | 2,862,000 |
| Noninterest income | 156,000 | 331,000 | 487,000 | 621,000 |
| Noninterest expense | 464,000 | 940,000 | 1,401,000 | 2,085,000 |
| Provision for loan losses | 0 | 60,000 | 90,000 | 90,000 |
| Pretax income | 368,000 | 689,000 | 1,118,000 | 1,308,000 |
| Income tax | 114,000 | 228,000 | 342,000 | 246,000 |
| Net income | 254,000 | 461,000 | 776,000 | 1,062,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,272,000 | 12,471,000 | 12,786,000 | 12,377,000 |
| Total capital | 12,905,000 | 13,113,000 | 13,401,000 | 12,987,000 |
| Risk-weighted assets | 48,827,000 | 48,763,000 | 49,160,000 | 48,789,000 |