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 | 93,514,000 | 97,972,000 | 96,446,000 | 94,642,000 |
| Total loans | 64,347,000 | 64,337,000 | 67,244,000 | 69,202,000 |
| Allowance for loan losses | 827,000 | 820,000 | 822,000 | 801,000 |
| Securities available for sale | 7,327,000 | 8,682,000 | 8,223,000 | 7,891,000 |
| Securities held to maturity | 110,000 | 110,000 | 110,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,394,000 | 81,539,000 | 79,604,000 | 77,439,000 |
| Interest-bearing deposits | 63,764,000 | 67,180,000 | 65,057,000 | 63,065,000 |
| Noninterest-bearing deposits | 13,630,000 | 14,359,000 | 14,547,000 | 14,374,000 |
| Equity capital | 13,080,000 | 13,221,000 | 13,620,000 | 13,290,000 |
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 | 1,388,000 | 2,734,000 | 4,121,000 | 5,427,000 |
| Interest expense | 631,000 | 1,197,000 | 1,717,000 | 2,183,000 |
| Net interest income | 757,000 | 1,537,000 | 2,404,000 | 3,244,000 |
| Noninterest income | 163,000 | 333,000 | 511,000 | 820,000 |
| Noninterest expense | 604,000 | 1,222,000 | 1,791,000 | 2,504,000 |
| Provision for loan losses | 0 | 0 | 0 | 100,000 |
| Pretax income | 316,000 | 648,000 | 1,124,000 | 1,460,000 |
| Income tax | 102,000 | 205,000 | 307,000 | 374,000 |
| Net income | 214,000 | 443,000 | 817,000 | 1,086,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,066,000 | 13,295,000 | 13,669,000 | 13,243,000 |
| Total capital | 13,893,000 | 14,115,000 | 14,491,000 | 14,044,000 |
| Risk-weighted assets | 68,125,000 | 68,004,000 | 70,318,000 | 72,006,000 |