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$21.30+0.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Stockholders’ Equity
(Dollar Amounts in Thousands, Except Per Share Data)
| PreferredStock | CommonStock | AdditionalPaid-inCapital | RetainedEarnings | AccumulatedOtherComprehensiveIncome (Loss) | Total | |
|---|---|---|---|---|---|---|
| Balances, January 1, 2021 | $— | $— | $362,945 | $301,419 | $27,852 | $692,216 |
| Net income | — | — | — | 87,091 | — | 87,091 |
| Other comprehensive income, net of tax | — | — | — | — | (20,507) | (20,507) |
| Amortization of unearned compensation | — | — | 1,751 | — | — | 1,751 |
| Exercise of stock options | — | — | 1,062 | — | — | 1,062 |
| Stock option expense | — | — | 68 | — | — | 68 |
| Stock awards vested | — | — | (1,355) | — | — | (1,355) |
| Repurchase of outstanding common stock | — | — | (7,607) | — | — | (7,607) |
| Stock retirement plans | — | — | (4,742) | — | — | (4,742) |
| Cash dividends on common stock ($0.56 per share) | — | — | — | (24,768) | — | (24,768) |
| Balances, December 31, 2021 | $— | $— | $352,122 | $363,742 | $7,345 | $723,209 |
| Net income | — | — | — | 93,408 | — | 93,408 |
| Other comprehensive loss, net of tax | — | — | — | — | (113,543) | (113,543) |
| Amortization of unearned compensation | — | — | 2,462 | — | — | 2,462 |
| Exercise of stock options | — | — | 145 | — | — | 145 |
| Stock option expense | — | — | 13 | — | — | 13 |
| Net settlement of share awards | — | — | (1,824) | — | — | (1,824) |
| Stock retirement plans | — | — | 1,270 | — | — | 1,270 |
| Cash dividends on common stock ($0.63 per share) | — | — | — | (27,765) | — | (27,765) |
| Balances, December 31, 2022 | $— | $— | $354,188 | $429,385 | $(106,198) | $677,375 |
| Net income | — | — | — | 27,981 | — | 27,981 |
| Other comprehensive income, net of tax | — | — | — | — | 39,589 | 39,589 |
| Amortization of unearned compensation | — | — | 3,586 | — | — | 3,586 |
| Net settlement of share awards | — | — | (1,221) | — | — | (1,221) |
| Stock retirement plans | — | — | (153) | — | — | (153) |
| Cash dividends on common stock ($0.64 per share) | — | — | — | (28,345) | — | (28,345) |
| Balances, December 31, 2023 | $— | $— | $356,400 | $429,021 | $(66,609) | $718,812 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.