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Horizons Bank

Monroe, LA · Cert 34794

FDIC

Q4 2004

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q4 2004, the quarter ended December 31, 2004, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Horizons Bank

Monroe, LA · Cert 34794

FDIC

Q4 2004

$250.1MAssets
$206.7MLoans
$193.3MDeposits
$27.8MEquity
Loan mix
71%RE $76.8M27%C&I $28.6M2%Consumer $2.1MQ4 2003Q4 2004
Deposit mix
80%Interest-bearing $154.6M20%Noninterest $38.8MQ4 2003Q4 2004

NIM

3.51%Q4 ’026.15%Q4 ’036.06%Q4 ’04+105%+1%

Non-interest income vs. expense

2.20%Q4 ’023.81%Q4 ’033.69%Q4 ’04+49%-18%

Executive Summary

  • Earnings: ROA of 1.18%, up 19 bps year over year; NIM at 4.50%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.43%.
  • Funding: loans stand at 106.92% of deposits as of Q4 2004.

Financial Results

Return on Assets (YTD, annualized)

1.18%+19 bps YoY

Net Interest Margin (YTD, annualized)

4.50%+5 bps YoY

Efficiency Ratio (YTD, annualized)

60.97%-658 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2003Q1 2004Q2 2004Q3 2004Q4 2004YoY ΔTrend
Earnings
Return on Assets0.99%0.96%1.32%1.24%1.18%+19 bps
Return on Equity10.79%9.92%13.48%12.58%11.65%+87 bps
Net Interest Margin4.45%4.50%4.33%4.31%4.50%+5 bps
Efficiency Ratio67.54%66.26%58.87%59.61%60.97%-658 bps
Non-Interest Burden2.62%2.58%1.86%1.94%2.14%-48 bps
Growth
Asset Growth (YoY)7.11%13.17%7.68%6.12%-1.51%-862 bps
Loan Growth (YoY)15.19%8.10%0.94%-1.02%-2.21%-1,740 bps
Deposit Growth (YoY)-4.12%1.05%0.24%0.88%-1.62%+250 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.29%0.52%0.61%0.43%0.43%+14 bps
Allowance / Loans0.98%0.96%0.98%1.10%1.24%+26 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital12.92%12.99%13.79%14.11%15.20%+228 bps
Equity / Assets9.76%9.60%9.99%10.19%11.12%+136 bps
Liquidity & Funding
Loans / Deposits107.56%107.93%107.56%109.21%106.92%-64 bps
Liquid Assets / Assets0.34%0.10%4.76%0.13%0.22%-13 bps
CRE / Total Capitaln/an/an/an/an/an/an/a