Regulatory Capital (Tables)

3 Months Ended

Mar. 31, 2020

Summary of Regulatory Capital Requirement

Horizon and the Bank’s actual and required capital ratios as of March 31, 2020 and December 31, 2019 were as follows:


	Actual						Required for Capital¹ Adequacy Purposes						Required For Capital¹ Adequacy Purposes with Capital Buffer				Well Capitalized Under Prompt¹ Corrective Action Provisions
	Amount		Ratio		Amount		Ratio		Amount		Ratio		Amount		Ratio
March 31, 2020
Total capital¹(to risk-weighted assets)
Consolidated	$	551,215	13.69	%	$	322,112	8.00	%	$	422,773	10.50	%	N/A		N/A
Bank	513,248		12.73	%	322,544		8.00	%	423,339		10.50	%	$	403,180	10.00	%
Tier 1 capital¹(to risk-weighted assets)
Consolidated	514,493		12.78	%	241,546		6.00	%	342,190		8.50	%	N/A		N/A
Bank	476,526		11.82	%	241,891		6.00	%	342,679		8.50	%	322,522		8.00	%
Common equity tier 1 capital¹(to risk-weighted assets)
Consolidated	457,000		11.35	%	181,189		4.50	%	281,850		7.00	%	N/A		N/A
Bank	476,526		11.82	%	181,419		4.50	%	282,207		7.00	%	262,049		6.50	%
Tier 1 capital¹ (to average assets)
Consolidated	514,493		10.14	%	202,956		4.00	%	202,956		4.00	%	N/A		N/A
Bank	476,526		9.43	%	202,132		4.00	%	202,132		4.00	%	252,665		5.00	%
December 31, 2019
Total capital¹ (to risk-weighted assets)
Consolidated	$	548,364	13.95	%	$	314,395	8.00	%	$	412,644	10.500	%	N/A		N/A
Bank	497,227		12.65	%	314,452		8.00	%	412,718		10.500	%	$	393,065	10.00	%
Tier 1 capital¹(to risk-weighted assets)
Consolidated	530,643		13.50	%	235,796		6.00	%	334,044		8.500	%	N/A		N/A
Bank	479,506		12.20	%	235,823		6.00	%	334,082		8.500	%	314,430		8.00	%
Common equity tier 1 capital¹(to risk-weighted assets)
Consolidated	473,150		12.04	%	176,846		4.50	%	275,094		7.000	%	N/A		N/A
Bank	479,506		12.20	%	176,867		4.50	%	275,126		7.000	%	255,475		6.50	%
Tier 1 capital¹(to average assets)
Consolidated	530,643		10.50	%	202,111		4.00	%	202,111		4.000	%	N/A		N/A
Bank	479,506		9.49	%	202,110		4.00	%	202,110		4.000	%	252,638		5.00	%
⁽¹⁾ As defined by regulatory agencies