Call reports 2007
HORIZON BANK — 2007
What HORIZON BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 97,073,000 | 96,676,000 | 93,578,000 | 93,730,000 |
| Total loans | 60,791,000 | 61,687,000 | 64,178,000 | 65,632,000 |
| Allowance for loan losses | 828,000 | 834,000 | 832,000 | 827,000 |
| Securities available for sale | 13,417,000 | 13,365,000 | 13,186,000 | 12,787,000 |
| Securities held to maturity | 315,000 | 315,000 | 315,000 | 110,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 81,417,000 | 80,492,000 | 77,196,000 | 77,285,000 |
| Interest-bearing deposits | 69,026,000 | 67,497,000 | 64,572,000 | 64,083,000 |
| Noninterest-bearing deposits | 12,391,000 | 12,995,000 | 12,624,000 | 13,202,000 |
| Equity capital | 12,570,000 | 12,802,000 | 13,253,000 | 12,820,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,505,000 | 2,989,000 | 4,456,000 | 5,965,000 |
| Interest expense | 728,000 | 1,473,000 | 2,173,000 | 2,887,000 |
| Net interest income | 777,000 | 1,516,000 | 2,283,000 | 3,078,000 |
| Noninterest income | 214,000 | 406,000 | 639,000 | 840,000 |
| Noninterest expense | 591,000 | 1,155,000 | 1,716,000 | 2,430,000 |
| Provision for loan losses | 25,000 | 25,000 | 25,000 | 25,000 |
| Pretax income | 375,000 | 742,000 | 1,181,000 | 1,463,000 |
| Income tax | 102,000 | 203,000 | 306,000 | 388,000 |
| Net income | 273,000 | 539,000 | 875,000 | 1,075,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,745,000 | 13,010,000 | 13,347,000 | 12,851,000 |
| Total capital | 13,569,000 | 13,844,000 | 14,179,000 | 13,678,000 |
| Risk-weighted assets | 66,538,000 | 67,539,000 | 68,152,000 | 68,909,000 |