Horizon Community Bank

225 N. Lake Havasu Ave.
Lake Havasu City, AZ 86403
(928) 854-3000
www.horizoncommunitybank.com

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Horizon Community Bank is headquartered in Lake Havasu City and is the 14^st largest bank in the state of Arizona. It is also the 3,616^st largest bank in the nation. It was established in 2002 and as of March of 2012, it had grown to 44 employees at 4 locations. Horizon Community Bank has a 3-star health rating.

Horizon Community Bank Routing Number: 122105935

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See Rates for: Checking | Savings | Money Market | CD

Horizon Community Bank Checking Account Rates

Apy	Min	Max	Product
1.46%^†	-	$25k	Star Checking
0.10%^†	$10k	-	Personal NOW Checking
0.10%^†	$10k	-	Senior Class Checking

Horizon Community Bank Savings Account Rates

Apy	Min	Max	Product
0.10%^†	$50	-	Student Savings
0.10%^†	$100	-	Statement Savings

Horizon Community Bank Money Market Rates

	Apy	Min	Max	Product
	0.50%^†	$100k	-	Money Market Account

Horizon Community Bank CD Rates

Apy	Min	Max	Product
1.76%^†	$100k	-	5 Year CD
1.56%^†	$100k	-	5 Year Variable CD
1.51%^†	$100k	-	4 Year CD
1.46%^†	$100k	-	3 Year CD
1.36%^†	$100k	-	4 Year Variable CD
1.05%^†	$100k	-	3 Year Variable CD
1.00%^†	$100k	-	2 Year CD
0.70%^†	$100k	-	1 Year CD
0.70%^†	$100k	-	18 Month CD
0.50%^†	$10k	-	10 Month CD Special
0.40%^†	$100k	-	180 - 364 Day CD
0.25%^†	$100k	-	90 - 179 Day CD
0.15%^†	$100k	-	7 - 30 Day CD
0.15%^†	$100k	-	31 - 89 Day CD

Rates updated: 5/25/2012

Data for Q1 2012

Institution Statistics

Horizon Community Bank
FDIC Certificate #	57411
BankRate Report	View
Year Established	2002
Employees	44
Primary Regulator	FDIC
Assets and Liabilities
Assets	$164.96 million
Loans	$100.68 million
Deposits	$149.29 million
Equity Capital	$12.69 million
Loan Loss Allowance	$1.82 million
Unbacked Noncurrent Loans	$3.89 million
Real Estate Owned	$7.07 million
Historic Data - March 2011
Assets	$158.78 million
Equity Capital	$13.36 million
Loan Loss Allowance	$2.47 million
Unbacked Noncurrent Loans	$7.10 million
Real Estate Owned	$7.04 million
Profit Margin - Quarterly
Net Interest Margin	3.63%
Return on Assets	0.18%
Return on Equity	2.26%
Interest Income	$1.59 million

Institution Health

Overall Score:

3 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Horizon Community Bank had $10.95 million in non-current loans and owned real-estate with $14.5 million in equity and loan loss allowances on hand to cover it. This gives Horizon Community Bank a Texas Ratio of 75.52% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Horizon Community Bank decreased slightly from 89.32% as of March 31, 2011 to 75.52% as of March 31, 2012, resulting in a positive change of 15.45%.This indicates that the balance sheet and financial strength for Horizon Community Bank has improved slightly in recent periods.
Deposit Growth
In the past year, Horizon Community Bank has increased its total deposits by $5.52 million, resulting in 3.84% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Horizon Community Bank has shown is above average.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Horizon Community Bank has $164.96 million in assets with $14.5 million in equity, resulting in a capitalization level of 8.79%, which is average.

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