Ticker
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Period
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FIRST HRZN CORP   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period2024202320222021202020192018201720162015
Period End Date12/31/202412/31/202312/31/202212/31/202112/31/202012/31/201912/31/201812/31/201712/31/201612/31/2015
Interest and fees on loans3,874.003,575.002,292.001,957.001,722.001,394.441,286.47816.81679.92600.31
Interest on loans held for sale36.0051.0039.0033.0030.0031.1345.1117.525.515.46
Interest on investment securities241.00247.00198.00121.00104.00120.56130.38105.0296.6793.63
Investment securities: Taxable--------------------
Investment securities: Tax-exempt--------------------
Interest on investment securities held-to-maturity----------0.530.530.590.790.28
Interest on trading securities85.0078.0058.0030.0035.0046.5858.6834.9930.7835.07
Interest on other earning assets116.00149.0096.0017.007.0031.1124.8615.014.251.65
Total Interest Income4,352.004,100.002,683.002,158.001,898.001,624.341,546.02989.93817.91736.41
Interest on deposits:Savings1,620.001,266.00184.0081.00152.00144.35107.7542.5219.6111.99
Interest on deposits:Checking interest and money market account--------------------
Interest on deposits:Certificates of deposit under $100,000 and other time--------------------
Interest on deposits:Certificates of deposit $100,000 and more----------------5.613.48
Interest on deposits:Time deposits----------84.0353.1013.114.415.19
Interest on deposits:Other interest-bearing deposits----------78.8455.7124.4810.364.49
Interest on short-term borrowings130.00210.0023.005.0014.0041.1736.7516.004.743.17
Interest on trading liabilities24.0012.0012.006.006.0012.5019.3615.4715.0015.98
Interest on term borrowings67.0072.0072.0072.0064.0053.2653.0536.0429.1038.39
Total interest expense1,841.001,560.00291.00164.00236.00414.15325.70147.6288.8382.69
Net Interest Income2,511.002,540.002,392.001,994.001,662.001,210.191,220.32842.31729.08653.72
Provision for loan losses150.00260.0095.00(310.00)503.0047.007.00--11.009.00
Net interest income/(loss) after provision for loan losses2,361.002,280.002,297.002,304.001,159.001,163.191,213.32842.31718.08644.72
Insurance commissions------------------2.63
Brokerage management fees and commissions101.0090.0092.0088.0066.0055.4754.8048.5142.9146.50
Deposit transactions and cash management176.00179.00171.00175.00148.00131.66133.28110.59108.55112.84
Other Service Charges51.0054.0054.0044.00----------11.61
Equity securities (losses)/gains, net----------0.44212.900.11(0.14)(0.46)
Debt securities gains/(losses), net------13.00--(0.27)0.05------
Securities gains/(losses), net(89.00)(4.00)18.00--(6.00)----0.481.491.84
Revenue from loan sales and securitizations--------------------
Trust services and investment management48.0047.0048.0051.0039.0029.5129.8128.4227.7327.58
Mortgage banking35.0023.0068.00154.00129.00--------3.87
Bankcard income--------37.0028.3126.7225.4724.4322.24
Merchant processing------(1.00)533.00----------
Cardholder fees77.0077.0084.0078.00------------
Bank owned life insurance----------19.2118.9615.1214.6914.73
Capital markets187.00133.00205.00406.00423.00278.79167.88216.63268.56231.34
All other income93.00103.0075.0068.00123.00110.9678.4044.8964.2342.62
Gains on divestitures--------------------
Gain on merger termination--225.00----------------
Total Non Interest Income679.00927.00815.001,076.001,492.00654.08722.79490.22552.44517.33
Employee compensation, incentives, and benefits1,137.001,100.001,101.001,210.001,033.00695.35658.22589.41562.95511.63
Advertising and public relations48.0071.0050.0037.0018.0034.3624.7519.2121.6119.19
Occupancy130.00123.00128.00137.00116.0080.2785.0154.6550.8851.12
Deposit insurance premiums64.00122.00----------------
FDIC premium expense----------19.8931.6426.8221.5918.03
Goodwill impairment--------------------
Amortization of intangible assets44.0047.0051.0056.0040.0024.8325.868.735.205.25
Foreclosed real estate----------------(32.72)2.10
Impairment of long-lived assets--0.000.0034.00------------
Mortgage banking foreclosure and repurchase provision--------------------
Professional fees------68.00--55.2245.8047.9319.1718.92
Equipment rentals, depreciation and maintenance42.0042.0045.0047.0042.0034.0039.1329.5427.3930.86
Operations services94.0087.0087.0080.0056.0046.0156.2843.8241.8539.26
Communications and courier32.0035.0037.0037.0031.0025.0830.0317.6214.2715.82
All other expense190.00182.00218.00193.00172.00126.13136.04133.19116.29253.16
Legal and professional fees64.0049.0062.00--84.0016.8811.1512.0821.5616.29
Contributions18.0061.007.0014.00------------
Contract employment51.0049.0054.0067.0041.0012.8718.5214.9510.0614.49
Computer software121.00111.00113.00116.0085.0060.7260.6048.2345.1244.72
Miscellaneous loan costs--------------------
Repurchase and foreclosure provision------------(1.04)(22.53)----
Other insurance and taxes------------------12.94
Total non interest expense2,035.002,079.001,953.002,096.001,718.001,231.601,222.001,023.66925.201,053.79
Income/(loss) before income taxes1,005.001,128.001,159.001,284.00933.00585.66714.11308.87345.32108.25
Current:Federal204.00140.00123.00235.0080.00105.2944.0910.0125.23(5.06)
Current:State24.0028.0033.0039.0014.0013.649.960.881.80(8.26)
Deferred:Federal(14.00)37.0087.00(1.00)(15.00)5.0981.85114.0667.1119.49
Deferred:State(3.00)7.004.001.00(3.00)9.2721.716.9412.504.71
Current:Foreign----------------0.170.06
Provision for income taxes211.00212.00247.00274.0076.00133.29157.60131.89106.8110.94
Deferred:Foreign------------------0.00
Income from Continuing Operations------------------97.31
Income from discontinued operations, net of tax--------------------
Income before cumulative effect of changes in accounting principle--------------------
Debt restructurings, net of tax--------------------
Cumulative effect of changes in accounting principle, net of tax--------------------
Net income/(loss)794.00916.00912.001,010.00857.00452.37556.51176.98238.5197.31
Net income attributable to noncontrolling interest19.0019.0012.0011.0012.0011.4711.4711.4711.4711.43
Preferred stock dividends37.0032.0032.0037.0023.006.206.206.206.206.20
Net loss available to common shareholders738.00865.00868.00962.00822.00434.71538.84159.32220.8579.68
Earnings per common share from continuing operations------------------0.34
Earnings per common share from discontinued operations, net of tax--------------------
Earnings per common share from cumulative effect--------------------
Earnings per Common share -Basic1.371.581.621.761.901.391.660.660.950.34
Diluted earnings per common share from continuing operations------------------0.34
Diluted earnings per common share from discontinued operations, net of tax--------------------
Diluted earnings per common share from cumulative effect--------------------
Earnings per Common share -Diluted1.361.541.531.741.891.381.650.650.940.34
Weighted average common shares -Basic540.32548.41535.03546.35432.13313.64324.38241.44232.70234.19
Weighted average common shares outstanding -Diluted544.29561.73566.00551.24433.95315.66327.45244.45235.29236.27