---
schema_version: "secwatch.filing_event.v1"
accession: "0000706129-25-000131"
form_type: "8-K"
ticker: "HBNC"
cik: "0000706129"
company_name: "HORIZON BANCORP INC /IN/"
filed_at: "2025-07-23T23:59:59+00:00"
generated_at: "2026-05-18T03:49:43.016139+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Horizon Bancorp Q2 EPS $0.47; NIM expands to 3.23%, commercial loans grow 14.8% annualized

## Summary
- Net income $20.6M ($0.47 diluted) vs $14.1M ($0.32) in Q2 2024; net interest margin (FTE) 3.23% seventh consecutive expansion.
- Commercial loan growth $117.2M annualized 14.8%; indirect auto runoff $34.1M; total loans HFI up 6.2% annualized.
- Credit quality strong: net charge-offs annualized 0.02%; non-performing assets down 12.4% vs prior quarter.
- Tangible book value per share $14.32, up $0.36; total regulatory capital ratio 14.48% (preliminary).
- Non-interest income $10.9M (down from $16.5M due to non-recurring Q1 gain on mortgage warehouse sale); expenses up <1% linked quarter.

## SEC filing metadata
- accession: 0000706129-25-000131
- form_type: 8-K
- ticker: HBNC
- cik: 0000706129
- company_name: HORIZON BANCORP INC /IN/
- filed_at: 2025-07-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/706129/000070612925000131/0000706129-25-000131-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/706129/000070612925000131/hbnc-20250723.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000706129-25-000131
- JSON: https://secwatch.observer/filing/0000706129-25-000131.json
- Plain text: https://secwatch.observer/filing/0000706129-25-000131.txt

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