---
schema_version: "secwatch.filing_event.v1"
accession: "0000706129-24-000101"
form_type: "8-K"
ticker: "HBNC"
cik: "0000706129"
company_name: "HORIZON BANCORP INC /IN/"
filed_at: "2024-10-23T23:59:59+00:00"
generated_at: "2026-05-30T11:14:32.423168+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Horizon Bancorp Reports Q3 2024 EPS of $0.41, Announces Strategic Actions

## Summary
- Q3 2024 net income $18.2M ($0.41 diluted share), up from $14.1M ($0.32) in Q2 2024.
- Net interest margin (FTE) expanded to 2.66%, fourth consecutive quarter of expansion.
- Completed repositioning of ~$325M securities portfolio; signed LOI to sell mortgage warehouse business.
- Total deposits grew 1.7% to $5.7B, loans held for investment stable at $4.8B.
- Annualized net charge-offs low at 0.03%; non-performing assets 0.32% of total assets.

## SEC filing metadata
- accession: 0000706129-24-000101
- form_type: 8-K
- ticker: HBNC
- cik: 0000706129
- company_name: HORIZON BANCORP INC /IN/
- filed_at: 2024-10-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/706129/000070612924000101/0000706129-24-000101-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/706129/000070612924000101/hbnc-20241023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000706129-24-000101
- JSON: https://secwatch.observer/filing/0000706129-24-000101.json
- Plain text: https://secwatch.observer/filing/0000706129-24-000101.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.