HORIZON BANCORP INC IN
For the period ended Dec 31, 2023. Filed Mar 15, 2024.
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FY2023 · Filed Mar 15, 2024
HBNC$21.17+1.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| December 312023 | December 312022 | |
|---|---|---|
| Assets | ||
| Cash and due from banks | $526,515 | $123,505 |
| Interest-earning time deposits | 2,205 | 2,812 |
| Investment securities, available for sale | 547,251 | 997,558 |
| Investment securities, held to maturity (fair value of $1,668,758 and $1,681,309) | 1,945,638 | 2,022,748 |
| Loans held for sale | 1,418 | 5,807 |
| Loans, net of allowance for credit losses of $50,029 and $50,464 | 4,367,601 | 4,107,534 |
| Premises and equipment, net | 94,583 | 92,677 |
| Federal Home Loan Bank stock | 34,509 | 26,677 |
| Goodwill | 155,211 | 155,211 |
| Other intangible assets | 13,626 | 17,239 |
| Interest receivable | 38,710 | 35,294 |
| Cash value of life insurance | 36,157 | 146,175 |
| Other assets | 177,061 | 139,281 |
| Total assets | $7,940,485 | $7,872,518 |
| Liabilities | ||
| Deposits | ||
| Non–interest bearing | $1,116,005 | $1,277,768 |
| Interest bearing | 4,548,888 | 4,580,006 |
| Total deposits | 5,664,893 | 5,857,774 |
| Borrowings | 1,353,050 | 1,142,949 |
| Subordinated notes | 55,543 | 58,896 |
| Junior subordinated debentures issued to capital trusts | 57,258 | 57,027 |
| Interest payable | 22,249 | 5,380 |
| Other liabilities | 68,680 | 73,117 |
| Total liabilities | 7,221,673 | 7,195,143 |
| Commitments and contingent liabilities | ||
| Stockholders’ Equity | ||
| Preferred stock, Authorized, 1,000,000 shares, Issued 0 shares | — | — |
| Common stock, no par value, Authorized 99,000,000 shares | ||
| Issued and Outstanding 44,106,174 and 43,937,889 shares | — | — |
| Additional paid-in capital | 356,400 | 354,188 |
| Retained earnings | 429,021 | 429,385 |
| Accumulated other comprehensive income (loss) | (66,609) | (106,198) |
| Total stockholders’ equity | 718,812 | 677,375 |
| Total liabilities and stockholders’ equity | $7,940,485 | $7,872,518 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.