Call reports 2010
HORIZON BANK — 2010
What HORIZON BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 97,272,000 | 98,050,000 | 97,549,000 | 97,129,000 |
| Total loans | 70,084,000 | 71,022,000 | 70,323,000 | 69,323,000 |
| Allowance for loan losses | 922,000 | 1,042,000 | 924,000 | 1,024,000 |
| Securities available for sale | 6,239,000 | 6,762,000 | 6,228,000 | 6,001,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,220,000 | 80,458,000 | 79,768,000 | 79,425,000 |
| Interest-bearing deposits | 58,788,000 | 59,972,000 | 58,475,000 | 57,330,000 |
| Noninterest-bearing deposits | 21,432,000 | 20,486,000 | 21,293,000 | 22,095,000 |
| Equity capital | 14,046,000 | 14,495,000 | 14,700,000 | 14,151,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,185,000 | 2,352,000 | 3,509,000 | 4,675,000 |
| Interest expense | 281,000 | 548,000 | 812,000 | 1,051,000 |
| Net interest income | 904,000 | 1,804,000 | 2,697,000 | 3,624,000 |
| Noninterest income | 167,000 | 318,000 | 572,000 | 782,000 |
| Noninterest expense | 564,000 | 936,000 | 1,532,000 | 2,273,000 |
| Provision for loan losses | 114,000 | 264,000 | 496,000 | 596,000 |
| Pretax income | 393,000 | 922,000 | 1,241,000 | 1,537,000 |
| Income tax | 102,000 | 205,000 | 307,000 | 408,000 |
| Net income | 291,000 | 717,000 | 934,000 | 1,129,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,031,000 | 14,457,000 | 14,674,000 | 14,174,000 |
| Total capital | 14,953,000 | 15,400,000 | 15,598,000 | 15,098,000 |
| Risk-weighted assets | 74,605,000 | 75,307,000 | 74,990,000 | 73,818,000 |