HORIZON BANCORP INC /IN/
For the period ended Dec 31, 2024. Filed Mar 14, 2025.
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FY2024 · Filed Mar 14, 2025
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 312024 | December 312023 | |
|---|---|---|
| Assets | ||
| Cash and due from banks | $92,300 | $112,772 |
| Interest-bearing deposits in banks | 201,131 | 413,528 |
| Federal funds sold | — | 215 |
| Total cash and cash equivalents | 293,431 | 526,515 |
| Interest earning time deposits | 735 | 2,205 |
| Investment securities, available for sale | 233,677 | 547,251 |
| Investment securities, held to maturity (fair value of $1,566,268 and $1,668,758) | 1,867,690 | 1,945,638 |
| Loans held for sale | 67,597 | 1,418 |
| Loans, net of allowance for credit losses of $51,980 and $50,029 | 4,795,060 | 4,367,601 |
| Premises and equipment, net | 93,864 | 94,583 |
| Federal Home Loan Bank stock | 53,826 | 34,509 |
| Goodwill | 155,211 | 155,211 |
| Other intangible assets | 10,223 | 13,626 |
| Interest receivable | 39,747 | 38,710 |
| Cash value of life insurance | 37,450 | 36,157 |
| Other assets | 152,635 | 177,061 |
| Total assets | $7,801,146 | $7,940,485 |
| Liabilities | ||
| Deposits | ||
| Non–interest bearing | $1,064,818 | $1,116,005 |
| Interest bearing | 4,535,834 | 4,548,888 |
| Total deposits | 5,600,652 | 5,664,893 |
| Short and long-term borrowings | 1,232,252 | 1,353,050 |
| Subordinated notes | 55,738 | 55,543 |
| Junior subordinated debentures issued to capital trusts | 57,477 | 57,258 |
| Interest payable | 11,137 | 22,249 |
| Other liabilities | 80,308 | 68,680 |
| Total liabilities | 7,037,564 | 7,221,673 |
| 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 | ||
| 44,226,819 and 44,106,174 shares issued at December 31, 2024 and December 31, 2023, respectively | — | — |
| Additional paid-in capital | 363,761 | 356,400 |
| Retained earnings | 436,122 | 429,021 |
| Accumulated other comprehensive income (loss) | (36,301) | (66,609) |
| Total stockholders’ equity | 763,582 | 718,812 |
| Total liabilities and stockholders’ equity | $7,801,146 | $7,940,485 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.