Call reports 2003
HORIZON BANK AND TRUST COMPANY — 2003
What HORIZON BANK AND TRUST COMPANY 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 | 126,898,000 | 129,445,000 | 126,958,000 | 131,231,000 |
| Total loans | 94,888,000 | 101,761,000 | 107,296,000 | 111,707,000 |
| Allowance for loan losses | 1,556,000 | 1,623,000 | 1,665,000 | 1,750,000 |
| Securities available for sale | 21,035,000 | 17,590,000 | 15,540,000 | 12,943,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,206,000 | 101,044,000 | 100,462,000 | 103,163,000 |
| Interest-bearing deposits | 87,562,000 | 87,158,000 | 84,970,000 | 87,092,000 |
| Noninterest-bearing deposits | 12,644,000 | 13,886,000 | 15,492,000 | 16,071,000 |
| Equity capital | 12,044,000 | 12,803,000 | 12,995,000 | 13,377,000 |
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 | 1,812,000 | 3,732,000 | 5,640,000 | 7,681,000 |
| Interest expense | 813,000 | 1,600,000 | 2,344,000 | 3,054,000 |
| Net interest income | 999,000 | 2,132,000 | 3,296,000 | 4,627,000 |
| Noninterest income | 119,000 | 213,000 | 275,000 | 347,000 |
| Noninterest expense | 677,000 | 1,405,000 | 2,221,000 | 2,833,000 |
| Provision for loan losses | 76,000 | 143,000 | 186,000 | 264,000 |
| Pretax income | 422,000 | 972,000 | 1,349,000 | 2,074,000 |
| Income tax | 168,000 | 389,000 | 575,000 | 870,000 |
| Net income | 254,000 | 583,000 | 774,000 | 1,204,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,817,000 | 12,593,000 | 12,800,000 | 13,245,000 |
| Total capital | 13,082,000 | 13,950,000 | 14,216,000 | 14,711,000 |
| Risk-weighted assets | 100,891,000 | 108,263,000 | 113,058,000 | 116,958,000 |