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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	137.92	92.3	112.99	123.51	593.51	249.71
Investment Securities	2,037	2,314	2,795	2,370	2,064	1,036
Trading Asset Securities	17.28	29.05	26.71	44.88	15.46	36.43
Mortgage-Backed Securities	14.1	14.54	140.88	657.85	656.13	277.51
Total Investments	2,068	2,357	2,963	3,072	2,736	1,350
Gross Loans	4,997	4,847	4,418	4,158	3,659	3,869
Allowance for Loan Losses	-54.4	-51.98	-50.03	-50.46	-54.29	-57.03
Other Adjustments to Gross Loans	-11.9	-	-	-	-	-1.7
Net Loans	4,931	4,795	4,368	4,108	3,604	3,810
Property, Plant & Equipment	93.4	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	8.59	10.22	13.63	17.24	20.94	22.96
Loans Held for Sale	2.99	67.6	1.42	5.81	12.58	13.54
Accrued Interest Receivable	39.73	39.75	38.71	35.29	26.14	21.4
Other Real Estate Owned & Foreclosed	1.12	0.42	1.51	2.14	3.56	1.91
Other Long-Term Assets	168.13	135.72	157.79	233.94	142.67	149.67
Total Assets	7,652	7,801	7,940	7,873	7,412	5,887
Interest Bearing Deposits	4,579	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	1,121	1,065	1,116	1,278	1,360	1,053
Total Deposits	5,700	5,601	5,665	5,858	5,803	4,531
Short-Term Borrowings	111.85	118.73	160.05	315.29	149.13	153.09
Accrued Interest Payable	14.01	11.14	22.25	5.38	2.24	2.71
Long-Term Debt	936.14	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	57.58	57.48	57.26	57.03	56.79	56.55
Pension & Post-Retirement Benefits	-	10.7	10.6	10.1	-	-
Other Long-Term Liabilities	41.86	40.79	34.06	20.35	36.85	26.77
Total Liabilities	6,861	7,038	7,222	7,195	6,689	5,194
Additional Paid-In Capital	360.76	363.76	356.4	354.19	352.12	362.95
Retained Earnings	466.5	436.12	429.02	429.39	363.74	301.42
Comprehensive Income & Other	-36.4	-36.3	-66.61	-106.2	7.35	27.85
Total Common Equity	790.85	763.58	718.81	677.38	723.21	692.22
Shareholders' Equity	790.85	763.58	718.81	677.38	723.21	692.22
Total Liabilities & Equity	7,652	7,801	7,940	7,873	7,412	5,887
Total Debt	1,106	1,374	1,490	1,302	846.6	633.78
Net Cash (Debt)	-950.37	-1,051	-934.44	-1,130	-232.86	-338.67
Net Cash Per Share	-21.55	-23.85	-21.31	-25.87	-5.30	-7.68
Filing Date Shares Outstanding	44.1	44.01	44.11	43.58	43.56	43.92
Total Common Shares Outstanding	44.1	44.23	43.65	43.57	43.55	43.88
Book Value Per Share	17.93	17.27	16.47	15.55	16.61	15.78
Tangible Book Value	627.05	598.15	549.98	504.93	547.7	518.02
Tangible Book Value Per Share	14.22	13.52	12.60	11.59	12.58	11.81

Updated May 8, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q