Figure 3: Horizon's ADC Loan Concentration Compared to Banks in Washington and the U.S.

Percent of ADC Loans to Total Assets

1999
Horizon: 4.1%
Banks in Washington: 9.3%
Banks in U.S. 2.6%

2000
Horizon: 4.7%
Banks in Washington: 10.6%
Banks in U.S. 3.0%

2001
Horizon: 7.1%
Banks in Washington: 11.8%
Banks in U.S. 3.4%

2002
Horizon: 11.0%
Banks in Washington: 9.8%
Banks in U.S. 3.5%

2003
Horizon: 15.0%
Banks in Washington: 12.8%
Banks in U.S. 3.8%

2004
Horizon: 17.0%
Banks in Washington: 14.2%
Banks in U.S. 5.5%

2005
Horizon: 24.5%
Banks in Washington: 19.0%
Banks in U.S. 7.1%

2006
Horizon: 33.2%
Banks in Washington: 24.2%
Banks in U.S. 8.7%

2007
Horizon: 37.0%
Banks in Washington: 26.9%
Banks in U.S. 9.3%

2008
Horizon: 34.0%
Banks in Washington: 23.3%
Banks in U.S. 7.8%

Source: OIG analysis of information provided by the DFI.