secwatch.observer — SEC 8-K summary
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Issuer:     HORIZON BANCORP INC /IN/ (HBNC)
CIK:        0000706129
Form:       8-K
Filed at:   2026-04-22T23:59:59+00:00
Accession:  0000706129-26-000039
Event type: earnings
Sentiment:  positive
Materiality: 0.55
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Horizon Bancorp Q1 net income $26.2M, EPS $0.51; NIM stable at 4.29%, deposits up 11% annualized
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- Net income $26.2M ($0.51 diluted EPS) compared to $26.9M ($0.53) in Q4 2025.
- Return on avg assets 1.62%, return on avg tangible common equity 19.02%.
- Total deposits grew $146.9M (11.3% annualized); non-interest-bearing deposits up 22.8% annualized.
- Commercial loans up $34.2M (4.0% annualized); credit quality strong with NCOs at 0.05% annualized.
- Tangible book value $10.52 per share; dividend maintained at $0.16 per share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/706129/000070612926000039/0000706129-26-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/706129/000070612926000039/hbnc-20260422.htm
  HTML page:      https://secwatch.observer/filing/0000706129-26-000039

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer