HORIZON BANCORP INC IN
For the period ended Mar 31, 2024. Filed May 10, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 10, 2024
HBNC$21.30+0.6%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Comprehensive Income
| Three Months Ended | ||
|---|---|---|
| March 31 | ||
| 2024 | 2023 | |
| Net Income | $13,991 | $18,228 |
| Other Comprehensive Income (Loss) | ||
| Change in fair value of derivative instruments: | ||
| Change in fair value of derivative instruments for the period | — | (558) |
| Income tax effect | — | 116 |
| Changes from derivative instruments | — | (442) |
| Change in securities: | ||
| Unrealized gain (loss) for the period on available for sale securities | (5,748) | 18,144 |
| Accretion from transfer of securities from available for sale to held to maturity securities | (160) | (154) |
| Reclassification adjustment for securities losses realized in income | — | 500 |
| Income tax effect | 1,241 | (3,882) |
| Unrealized gains (losses) on securities | (4,667) | 14,608 |
| Other Comprehensive Income (Loss), Net of Tax | (4,667) | 14,166 |
| Comprehensive Income | $9,324 | $32,394 |
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