ADDED
As of March 11, 2026, the registrant had 51,225,946 shares of common stock outstanding.
Risks, uncertainties, and factors that could cause the Company s actual results to vary materially from those expressed or implied by any forward looking statement include but are not limited to: current financial conditions within the banking industry; changes in the level and volatility of interest rates, spreads on earning assets and interest bearing liabilities, and interest rate sensitivity; loss of key Horizon personnel; changes within the domestic and international macroeconomic environment, including trade policy, monetary and fiscal policy, and inflation levels.
At December 31, 2025, the Bank had total assets of $6.4 billion and total deposits of $5.3 billion.
In 2025, revenues from loans accounted for 291.4% of the total consolidated revenue, including the realized losses related to the balance sheet repositioning, and revenues from investment securities accounted for 42.9% of total consolidated revenue.
As of December 31, 2025, the Company emplo yed 465 full time and 26 part time employ ees across all locations.
Joseph 58 0.49 % Tippecanoe 44 5.76 % Whitley 10 5.73 % At the time of the FDIC Deposit Market Share Report, Horizon was the largest of the 8 bank and thrift institutions in LaPorte County, the largest of the 7 institutions in Carroll County, the 3th largest of the 10 institutions in Johnson County, the 4th largest of the 10 institutions in DeKalb County, the 3rd largest of the 6 institutions in Cass County, the 6 largest of the 10 institutions in Tippecanoe County, and the 5th largest of the 10 institutions in Porter County.
2025 Annual Report on Form 10 K The following is a summary of Horizon s and the Bank s regulatory capital and capital requirements at December 31, 2025.
At December 31, 2025, the Bank s investment in stock of the FHLB of Indianapolis w as $45.7 million w hich exceeds the required stock purchase minimum for Horizon.
For the year ended December 31, 2025 , dividends paid by the FHLB of Indianapolis to the Bank on the FHLB stock totaled approximately $3.6 million, for an annualized rate paid in dividends of 7.8%.
At December 31, 2025 $3.43 billion or 70.4% of our loan portfolio consisted of commercial loans.
REMOVED
As of March 12, 2025, the registrant had 44,014,506 shares of common stock outstanding.
At December 31, 2024, the Bank had total assets of $7.8 billion and total deposits of $5.6 billion.
In 2024, revenues from loans accounted for 81.0% of the total consolidated revenue, and revenues from investment securities accounted for 15.5% of total consolidated revenue.
Website references in this Annual Report are merely textual references.
Stewart as Executive Vice President and Chief Financial Officer ( CFO ) of both Horizon and its wholly-owned bank subsidiary, effective as of May 20, 2024.
As of December 31, 2024, the Company emplo yed 841 full time and 21 part time employ ees across all locations.
Joseph 14 0.36 % Tippecanoe 17 6.59 % Whitley 7 5.96 % At the time of the FDIC Deposit Market Share Report, Horizon was the largest of the 8 bank and thrift institutions in LaPorte County, the largest of the 6 institutions in Carroll County, the 4th largest of the 22 institutions in Johnson County, the 5th largest of the 12 institutions in DeKalb County, the 3rd largest of the 6 institutions in Cass County, the 6 largest of the 17 institutions in Tippecanoe County, and the 5th largest of the 11 institutions in Porter County.
2024 Annual Report on Form 10 K The following is a summary of Horizon s and the Bank s regulatory capital and capital requirements at December 31, 2024.
At December 31, 2024, the Bank s investment in stock of the FHLB of Indianapolis w as $53.8 million w hich exceeds the required stock purchase minimum for Horizon.
For the year ended December 31, 2024 , dividends paid by the FHLB of Indianapolis to the Bank on the FHLB stock totaled approximately $5.4 million, for an annualized rate paid in dividends of 10.9% .