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Horizon Community Bank


Overview / Commentary
www.horizoncommunitybank.com
928-854-3000
225 N. Lake Havasu Ave.
Lake Havasu City, AZ 86403

Horizon Community Bank is headquartered in Lake Havasu City and is the 5th largest bank in the state of Arizona. It is also the 1,722nd largest bank in the nation. It was established in 2002 and as of June of 2020, it had grown to 91 employees at 7 locations. Horizon Community Bank has a B+ health rating.

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Health
B+

Data as of Q2 2020

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Health Grade Components

Overall
FDIC Certificate #57411
Year Established2002
Employees91
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.84%
Return on Equity - YTD10.35%
Annual Interest Income$8.5MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$462.4MM$332.5MM
LoansQ2 2020vs Q2 2019$304.9MM$226.2MM
DepositsQ2 2020vs Q2 2019$398.9MM$289.4MM
Equity CapitalQ2 2020vs Q2 2019$32.4MM$29.4MM
Loan Loss AllowanceQ2 2020vs Q2 2019$3.7MM$3.2MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$719.00K$341.00K
Real Estate OwnedQ2 2020vs Q2 2019$1.4MM$1.7MM
Rates

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Locations


Horizon Community Bank Locations
Parker Branch1017 California AvenueParker, AZ 85344
Quartzsite Branch225 N. Central BoulevardQuartzsite, AZ 85346
Horizon Community Bank225 North Lake Havasu AvenueLake Havasu City, AZ 86403
Ft. Mohave Office5858 S. Highway 95Mohave Valley, AZ 86440
Mesa Branch3156 E. Baseline Rd.Mesa, AZ 85204
Lake Havasu City North101 Retail Center Blvd.Lake Havasu City, AZ 86403
Kingman Branch4155 Stockton Hill RoadKingman, AZ 86401

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