Call reports 2004
HORIZON BANK — 2004
What HORIZON BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 74,761,000 | 74,966,000 | 78,327,000 | 80,103,000 |
| Total loans | 46,466,000 | 48,023,000 | 48,776,000 | 49,411,000 |
| Allowance for loan losses | 674,000 | 695,000 | 700,000 | 703,000 |
| Securities available for sale | 14,139,000 | 14,510,000 | 13,960,000 | 14,013,000 |
| Securities held to maturity | 415,000 | 416,000 | 416,000 | 415,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,477,000 | 59,289,000 | 62,774,000 | 64,528,000 |
| Interest-bearing deposits | 51,025,000 | 50,012,000 | 53,231,000 | 53,495,000 |
| Noninterest-bearing deposits | 9,452,000 | 9,277,000 | 9,543,000 | 11,033,000 |
| Equity capital | 13,382,000 | 13,561,000 | 13,120,000 | 12,545,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 937,000 | 1,899,000 | 2,866,000 | 3,855,000 |
| Interest expense | 204,000 | 398,000 | 599,000 | 824,000 |
| Net interest income | 733,000 | 1,501,000 | 2,267,000 | 3,031,000 |
| Noninterest income | 77,000 | 277,000 | 436,000 | 579,000 |
| Noninterest expense | 434,000 | 875,000 | 1,595,000 | 2,256,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 376,000 | 903,000 | 1,108,000 | 1,354,000 |
| Income tax | 114,000 | 228,000 | 236,000 | 310,000 |
| Net income | 262,000 | 675,000 | 872,000 | 1,044,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,640,000 | 13,052,000 | 12,459,000 | 11,936,000 |
| Total capital | 13,262,000 | 13,684,000 | 13,113,000 | 12,603,000 |
| Risk-weighted assets | 49,714,000 | 50,482,000 | 52,262,000 | 53,320,000 |