Regulatory Capital (Tables)

3 Months Ended

Mar. 31, 2015

Summary of Regulatory Capital Requirement

Horizon and the Bank’s actual and required capital ratios as of March 31, 2015 and December 31, 2014 were as follows:


						Required For Capital¹					Well Capitalized Under Prompt¹
	Actual					Adequacy Purposes					Corrective Action Provisions
	Amount		Ratio			Amount		Ratio			Amount		Ratio
As of March 31, 2015
Total capital¹ (to risk-weighted assets)
Consolidated	$	218,613		13.74	%	$	127,286		8.00	%		N/A		N/A
Bank		195,409		12.35	%		126,581		8.00	%	$	158,226		10.00	%
Tier 1 capital¹ (to risk-weighted assets)
Consolidated		201,979		12.69	%		95,498		6.00	%		N/A		N/A
Bank		178,775		11.30	%		94,925		6.00	%		126,566		8.00	%
Common equity tier 1 capital¹ (to risk-weighted assets)
Consolidated		156,411		9.83	%		71,602		4.50	%		N/A		N/A
Bank		178,775		11.30	%		71,194		4.50	%		102,835		6.50	%
Tier 1 capital¹ (to average assets)
Consolidated		201,979		9.97	%		81,035		4.00	%		N/A		N/A
Bank		178,775		8.77	%		81,539		4.00	%		101,924		5.00	%
As of December 31, 2014
Total capital¹ (to risk-weighted assets)
Consolidated	$	212,276		14.48	%	$	117,280		8.00	%		N/A		N/A
Bank		192,604		13.08	%		117,801		8.00	%	$	147,251		10.00	%
Tier 1 capital¹ (to risk-weighted assets)
Consolidated		195,775		13.35	%		58,659		4.00	%		N/A		N/A
Bank		176,103		11.96	%		58,897		4.00	%		88,346		6.00	%
Tier 1 capital¹ (to average assets)
Consolidated		195,775		9.76	%		80,236		4.00	%		N/A		N/A
Bank		176,103		8.80	%		80,047		4.00	%		100,059		5.00	%

¹	As defined by regulatory agencies

- Definition

Tabular disclosure of the capital amounts and ratios as of the balance sheet date, indicating whether the entity or entities are in compliance with regulatory capital requirements, by entity.

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