Horizon Bancorp, Inc. (HBNC)

Horizon Bancorp Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	76.4	92.3	112.99	123.51	593.51	249.71
Investment Securities	1,265	2,314	2,795	2,370	2,064	1,036
Trading Asset Securities	0.6	29.05	26.71	44.88	15.46	36.43
Mortgage-Backed Securities	-	14.54	140.88	657.85	656.13	277.51
Total Investments	1,266	2,357	2,963	3,072	2,736	1,350
Gross Loans	4,824	4,847	4,418	4,158	3,659	3,869
Allowance for Loan Losses	-50.18	-51.98	-50.03	-50.46	-54.29	-57.03
Other Adjustments to Gross Loans	-	-	-	-	-	-1.7
Net Loans	4,773	4,795	4,368	4,108	3,604	3,810
Property, Plant & Equipment	93.41	93.86	94.58	92.68	93.44	92.42
Goodwill	155.21	155.21	155.21	155.21	154.57	151.24
Other Intangible Assets	7.89	10.22	13.63	17.24	20.94	22.96
Loans Held for Sale	1.92	67.6	1.42	5.81	12.58	13.54
Accrued Interest Receivable	28.76	39.75	38.71	35.29	26.14	21.4
Other Real Estate Owned & Foreclosed	1.52	0.42	1.51	2.14	3.56	1.91
Other Long-Term Assets	262.49	135.72	157.79	233.94	142.67	149.67
Total Assets	6,712	7,801	7,940	7,873	7,412	5,887
Interest Bearing Deposits	4,398	3,986	3,916	4,029	4,143	3,235
Institutional Deposits	-	549.36	632.85	551.37	299.54	242.42
Non-Interest Bearing Deposits	1,123	1,065	1,116	1,278	1,360	1,053
Total Deposits	5,521	5,601	5,665	5,858	5,803	4,531
Short-Term Borrowings	86.97	118.73	160.05	315.29	149.13	153.09
Accrued Interest Payable	12.4	11.14	22.25	5.38	2.24	2.71
Long-Term Debt	314.22	67.93	522.3	353.85	115.21	58.6
Federal Home Loan Bank Debt, Long-Term	-	1,130	750.26	575.38	525.48	365.54
Trust Preferred Securities	57.64	57.48	57.26	57.03	56.79	56.55
Pension & Post-Retirement Benefits	-	10.7	10.6	10.1	-	-
Other Long-Term Liabilities	59.61	40.79	34.06	20.35	36.85	26.77
Total Liabilities	6,052	7,038	7,222	7,195	6,689	5,194
Additional Paid-In Capital	458.73	363.76	356.4	354.19	352.12	362.95
Retained Earnings	236.31	436.12	429.02	429.39	363.74	301.42
Comprehensive Income & Other	-34.28	-36.3	-66.61	-106.2	7.35	27.85
Total Common Equity	660.77	763.58	718.81	677.38	723.21	692.22
Shareholders' Equity	660.77	763.58	718.81	677.38	723.21	692.22
Total Liabilities & Equity	6,712	7,801	7,940	7,873	7,412	5,887
Total Debt	458.82	1,374	1,490	1,302	846.6	633.78
Net Cash (Debt)	0.03	-1,051	-934.44	-1,130	-232.86	-338.67
Net Cash Per Share	0.00	-23.85	-21.31	-25.87	-5.30	-7.68
Filing Date Shares Outstanding	50.97	44.01	44.11	43.58	43.56	43.92
Total Common Shares Outstanding	50.97	44.23	43.65	43.57	43.55	43.88
Book Value Per Share	12.96	17.27	16.47	15.55	16.61	15.78
Tangible Book Value	497.67	598.15	549.98	504.93	547.7	518.02
Tangible Book Value Per Share	9.76	13.52	12.60	11.59	12.58	11.81

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q