# HORIZON COMMUNITY BANK
LAKE HAVASU CITY, AZ · FDIC certificate 57411 · asset band $300M-1B · latest filing 2022-09 · stopped filing (departed)

**Verdict on the desk:** this could be *run candidate*. Composite score 5 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $510.0M | |
| Deposits | $477.2M | |
| Loans and leases | $267.2M | |
| Total equity | $29.2M | |
| Loans / deposits | 55.07% (p20 of band) | 72.27% |
| Liquid assets / assets | 42.56% (p74 of band) | |
| Uninsured deposits / deposits | 32.05% (p65 of band) | 27.64% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p13 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 8.34% (p11 of band) | 9.98% |
| Unrealized securities loss / equity | -66.13% (p21 of band) | -28.34% |
| AOCI / equity | -44.90% (p26 of band) | |
| ROA (annualized) | -0.21% (p2 of band) | 1.08% |
| Net interest margin | 3.40% (p55 of band) | 3.33% |
| Efficiency ratio | 107.00% (p99 of band) | |
| Noncurrent loans | 0.06% (p24 of band) | 0.24% |
| Net charge-offs (annualized) | -0.06% (p6 of band) | |
| Reserve coverage of noncurrent | 2951.01% | |
| Real estate % of loans | 84% | |
| Construction % of loans | 91.39% (p73 of band) | |
| Auto loans | $143,000 (0.05% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | -1.8% | |
| Employees | 87 | |

## Flags firing in the latest filing

- **AOCI drag >20% of equity** (`cap_aoci`)
- **securities losses >30% of equity** (`cap_secloss`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | losing money, noncurrent p90, charge-offs p90, reserve under noncurrent |  |
| 2011-06 | 4 | expense ratio p90 | noncurrent p90 |
| 2011-09 | 3 |  | expense ratio p90 |
| 2011-12 | 3 |  |  |
| 2012-03 | 4 | capital falling, uninsured deposits leaving | losing money |
| 2012-06 | 3 |  | charge-offs p90 |
| 2012-09 | 1 |  | capital falling, uninsured deposits leaving |
| 2012-12 | 0 |  | reserve under noncurrent |
| 2013-03 | 1 | reserve under noncurrent |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 1 |  |  |
| 2014-06 | 1 |  |  |
| 2014-09 | 1 |  |  |
| 2014-12 | 1 |  |  |
| 2015-03 | 0 |  | reserve under noncurrent |
| 2015-06 | 0 |  |  |
| 2015-09 | 1 | capital falling |  |
| 2015-12 | 0 |  | capital falling |
| 2016-03 | 0 |  |  |
| 2016-06 | 1 | capital falling |  |
| 2016-09 | 0 |  | capital falling |
| 2016-12 | 0 |  |  |
| 2017-03 | 1 | reserve under noncurrent |  |
| 2017-06 | 0 |  | reserve under noncurrent |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 1 | capital falling |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 0 |  | capital falling |
| 2019-03 | 0 |  |  |
| 2019-06 | 1 | capital falling |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 0 |  | capital falling |
| 2020-03 | 0 |  |  |
| 2020-06 | 1 | capital falling |  |
| 2020-09 | 1 |  |  |
| 2020-12 | 0 |  | capital falling |
| 2021-03 | 0 |  |  |
| 2021-06 | 1 | capital falling |  |
| 2021-09 | 0 |  | capital falling |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 2 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2022-09 | 5 | losing money, expense ratio p90, assets shrinking |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2022-10-21 [Arizona Financial completes acquisition of Horizon Community Bank - AZ Big Media](https://news.google.com/rss/articles/CBMinwFBVV95cUxPajJ2OXBvYkJxNHRzWjV3VGFNVE5XRlUxNzNIYzFEam1iYTMyTlI3WUlRek5MRmswNHY5NmdpdTZoMXUtRENiZGpwSUZxVWNqMm1XWVEtaUdXSm0wZzI0b3VGdTdPZExfanExNHBaYkpaME84b25QeklnYUZObEhUOWg1VXloVV9uamV2a0dEaWNUS0c1YkN1VXAtUzFXYm8?oc=5) · AZ Big Media
- 2022-03-10 [Horizon Community Bank to Combine with Arizona Federal Credit Union - Business Wire](https://news.google.com/rss/articles/CBMiwgFBVV95cUxOUE1Uc3FJMXhPWVpTMndPNnIxVXR0NjdDamJPUll6QklhYVFxbk1GT0pTM0prdlFIa2tvOEFYQ3ZWNEczWmNIdFZrVjExeXhqVEVOQWFWTWxKZm9GS05EbW1jUElmTVlKR1BOX29aakp1bXBpUzFTU0hES21ydG1LQ0FFVW41NUpQZHhjRnJoMXhsbVoyWUhYLVdVaWhsWmxBSkRzUnhYeFJDTkMwM1VhOVN3aDM5Zl9ZTUFBQ2RlSDZPZw?oc=5) · Business Wire
- 2024-12-18 [Christine Macias – Arizona Financial Credit Union - Blueprint Magazine](https://news.google.com/rss/articles/CBMijAFBVV95cUxNU1lwZUdrQl8tMV84X2xnTnE2T01BVUZXdjNIMkFkX1puOVd1Y2c0LUxuWGV3N0hGWmh3SGY4SkJoNnpjbXFRNWhoa1prU0dpQlF1b29BTUlmc25Ydm9JY3FUOEI1Q1V1LUhFeWRCU0liQThDNm8wU1hwaC1wMW94OHFIeGNVckw1VzhCUw?oc=5) · Blueprint Magazine
- 2022-04-28 [Wisconsin credit union targets Illinois bank in 6th such tie-up of 2022 - Banking Dive](https://news.google.com/rss/articles/CBMisgFBVV95cUxPM3AzQ20zN1A2bEMtcXpTUWgxMlRPRmEyQ0RyTUhHU0RCb25GYXEwY1BFTGlFa1hiejNUWUJPcGg1c2VfOEJoYnJwT215UnQ4S2ZkSFNvV01PWnRGX1BRSUlzTUpyTTZGeUhDVFl1SmFzX3BDZkg2cXo5SUtpamZvdVRLYjNDS0dVQWU1LThCc1lmUXRzXy1IS2dpdnFHSFVDVDBPME9NMWxmRFRYU201eHlR?oc=5) · Banking Dive
- 2022-07-01 [Arizona Federal Credit Union to switch charter status, rebrand amid expansion - The Business Journals](https://news.google.com/rss/articles/CBMikgFBVV95cUxQYVN0am5xc3hLY0tVLThPS3prMEo0VF94N29wTWNpb1pUUnhNUEM2N3NiZmx3MkM4NGNUd2xJMUdOVHhxT1ZCQUZFclViaXA1dGRlTzlYT1RabkY4ckZkX1JmVEVpRjJzcExlYlVwakxiMFlpQThNcXB2NzhLWXE1Z0NGdXFjazM5V0hUTGRrY3Y3Zw?oc=5) · The Business Journals
- 2023-01-09 [Amy Hysell named Arizona Financial Credit Union president & CEO - Arizona Digital Free Press](https://news.google.com/rss/articles/CBMif0FVX3lxTE5uNFRlNW16RmFzY2s0bjVTdG1zZFRoNU15RUlhVXZfd2xyQ1Z1MDNHWTNEeDVtYVd6aS05OE9iS19uLWtvRGVJcFR1TjRGOEFCZTVnVm5RVEFaejFHdXRDaEoxNmpkZjVrdDlwVndPYW01c1J3TWR3QlB5M1ZpRkE?oc=5) · Arizona Digital Free Press
- 2024-05-08 [How CEO Amy Hysell is guiding Arizona Financial Credit Union's organic growth in Arizona (Video) - The Business Journals](https://news.google.com/rss/articles/CBMinwFBVV95cUxPR21pVENaeVhDZWxlYXN3cUJoRUhGa2lYS3V4NGNJeExjVGIyRWszYXUwNHJfNWFnQ3VibUY5M1ZxZlI5QUF6QzZ6U0tnZ1pLM3RCNXhVR3RodjFEdkpQeXR3YnFwUU9Ic0RFUTBDWWRoWWN5dENsOWI2Z2JRenFlcXdsckl2cmt6aG9fUnlSY21Bdmg5enFyMVZBb3VmY1E?oc=5) · The Business Journals
- 2016-12-19 [My Turn: ​Simple ways we sabotage our own bank accounts - azcentral.com and The Arizona Republic](https://news.google.com/rss/articles/CBMi0wFBVV95cUxQZ0NIaTdGWGtSbzFRRXh2bDZqV0JlekNfNEdJdGdkaTRlRE5Uc0tQejVQVGoyYlhDNUlRWHU3dDdPaHBFNzRTbE5BNHEwdnBtQUY3RG8wazJ2RXI0UUVCZ0RvaGcwdG0ySFAyRmVDVGZsU29fcFoxLVRBU1J3a280dktvS1RzWURnNEJMVk55bzlwN2pfRUZNOWFSVm8ySXBUM2ozWUNiLXMwYzl5WUhFQ2NVX2ZRRlh1UDEyaG1rVkM0MkY3TkF2Y2Izb2dzRkZBNmow?oc=5) · azcentral.com and The Arizona Republic

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57411 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/3.json (key "57411", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide