Horizon Bank in city_name, state_name - Detailed Financial Reports, Location

Horizon Bank in Malvern, Arkansas (AR)
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Horizon Bank - Overview

General
FDIC Certificate #: 80
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Mercantile Trust Company, National Association (#33854)
Federal Reserve ID: 904144
Date Established: June 24, 1889
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
OTS Docket #: 10289
FDIC's unique #: 60
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: July 01, 1998
Last Structure Change Process Date: August 12, 1998
Last Data Update: August 12, 1998
Data Source Date: April 05, 2012
Location
Address: East Page Avenue And Ash Street, Malvern, AR 72104
County: Hot Spring
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Kansas City
FDIC Field Office: Little Rock
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Western
Financial Summary
Total assets: $21.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

Dollar figures in thousands
250Total employees (full-time equivalent)
$542,088Total assets
$15,396Cash and due from depository institutions
$6,520Interest-bearing balances
$170,583Securities
$2,725Federal funds sold & reverse repurchase agreements
$332,776Net loans & leases
$5,246Loan loss allowance
$0Trading account assets
$12,322Bank premises and fixed assets
$1,722Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$6,564All other assets
$542,088Total liabilities and capital
$497,225Total liabilities
$463,133Total deposits
$411,057Interest-bearing deposits
$463,133Deposits held in domestic offices
0.00%% insured (estimated)
$6,227Federal funds purchased & repurchase agreements
$0Trading liabilities
$25,208Other borrowed funds
$0Subordinated debt
$2,657All other liabilities
$44,863Total equity capital
$44,863Total bank equity capital
$44,863Perpetual preferred stock
$0Common stock
$12Surplus
$19,435Undivided profits
Memoranda
$25,416Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$4,794Earning assets
$94Long-term assets (5+ years)
$2,394Average Assets, year-to-date
$512,604Average Assets, quarterly
$124,542Volatile liabilities
$534,813Insider loans
$545,291FHLB advances
$67,779Loans and leases held for sale
$725Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$34,629Total unused commitments
$0Restructured Loans and leases
$339,097Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$40,276Total interest income
$20,460Total interest expense
$19,816Net interest income
$2,121Provision for loan and lease losses
$3,537Total noninterest income
$128Fiduciary activities
$2,127Service charges on deposit accounts
$0Trading account gains & fees
$1,282Additional noninterest income
$13,255Total noninterest expense
$7,619Salaries and employee benefits
$2,153Premises and equipment expense
$3,483Additional noninterest expense
$7,977Pre-tax net operating income
$59Securities gains (losses)
$2,002Applicable income taxes
$6,034Income before extraordinary items
$0Extraordinary gains - net
$6,034Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1,102Sale, conversion, retirement of capital stock, net
$3,030Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.03%Yield on earning assets
4.08%Cost of funding earning assets
3.95%Net interest margin
0.70%Noninterest income to earning assets
2.64%Noninterest expense to earning assets
1.12%Net operating income to assets
1.13%Return on assets (ROA)
1.50%Pretax return on assets
14.05%Return on equity (ROE)
6.99%Retained earnings to average equity (YTD only)
0.35%Net charge-offs to loans
192.47%Credit loss provision to net charge-offs
9.16%Efficiency ratio
56,759Assets per employee
2.17%Cash dividends to net income (YTD only)
Condition Ratios (%)
50.22%Loss allowance to loans
1.55%Loss allowance to noncurrent loans
109.43%Noncurrent assets plus other real estate owned to assets
1.14%Noncurrent loans to loans
1.42%Net loans and leases to deposits
71.85%Net loans and leases to core deposits
82.27%Equity capital to assets
8.28%Core capital (leverage) ratio
8.05%Tier 1 risk-based capital ratio
12.98%Total risk-based capital ratio
Memoranda
$14Average assets
$534,813Average earning assets
$42,951Average equity
$501,868Average loans

Horizon Bank in Malvern, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches

Horizon Bank - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

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Horizon Bank in Malvern, Arkansas (AR)Overview, Financial Summary, Detailed Financial Reports, Branches

Horizon Bank - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

Comment about this bank, ask questions, or add new information about it:

Horizon Bank in Malvern, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches