Horizon Bancorp, Inc. (HBNC) financial statements (2021 and earlier)

Company profile

Business Address 515 FRANKLIN STREET
MICHIGAN CITY, IN 46360
State of Incorp. IN
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
Q4
9/30/2020
Q2
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 9917086999195
Cash and cash equivalents 9917086999195
Receivables 3,9973,9483,6733,6093,6393,647
Total current assets: 4,0964,1183,7603,7083,7313,742
Noncurrent Assets
Operating lease, right-of-use asset    4  
Property, plant and equipment 929293929391
Intangible assets, net (including goodwill) 175176177178179180
Goodwill 151151151151151151
Intangible assets, net (excluding goodwill) 242526272829
Total noncurrent assets: 267268270274272271
Other undisclosed assets 1,4261,3531,3221,2651,1841,085
TOTAL ASSETS: 5,7905,7395,3515,2475,1875,099
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt    91  
Total current liabilities:    91  
Noncurrent Liabilities
Other undisclosed liabilities 5,1205,0874,7204,5004,5444,472
Total liabilities: 5,1205,0874,7204,5914,5444,472
Stockholders' equity
Stockholders' equity attributable to parent 670652631656643626
Additional paid in capital 362361361380379381
Accumulated other comprehensive income 23219674
Retained earnings 285270261270257242
Total stockholders' equity: 670652631656643626
TOTAL LIABILITIES AND EQUITY: 5,7905,7395,3515,2475,1875,099

Income statement (P&L) ($ in millions)

12/31/2020
Q4
9/30/2020
Q2
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Revenues 595755575856
Net investment income 505052535654
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
 (2)(7)(9)(0)(0)(1)
Gross profit: 575047565855
Operating expenses (6)(6)(6)(6)(6)(6)
Operating income: 514440505249
Nonoperating income 000000
Investment income, nonoperating (0)(0)(0)(0)(0)(0)
Bank owned life insurance income 111111
Interest and debt expense (7)(7)(11)(12)(12)(12)
Income from continuing operations before equity method investments, income taxes: 453730394137
Other undisclosed loss from continuing operations before income taxes (20)(20)(17)(16)(16)(17)
Income from continuing operations before income taxes: 251713222520
Income tax expense (4)(2)(2)(4)(4)(3)
Net income available to common stockholders, basic: 201512192117
Other undisclosed net loss available to common stockholders, diluted    (133)  
Net income (loss) available to common stockholders, diluted: 201512(115)2117

Comprehensive Income ($ in millions)

12/31/2020
Q4
9/30/2020
Q2
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Net income: 201512192117
Other comprehensive income (loss) (1)(3)(2)0(1)(1)
Comprehensive income: 201110192015
Other undisclosed comprehensive income (loss), net of tax, attributable to parent 3154(1)36
Comprehensive income, net of tax, attributable to parent: 222715182321

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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