hbnc: the income statement

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HORIZON BANCORP INC IN (HBNC)

For the quarter ending 2025-06-30, HBNC made $102,397K in revenue. $20,644K in net income. Net profit margin of 20.16%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2025-06-30
Income tax expense	3,752
Gain on sale of mortgage loans	1,219
Loss on sale of investment securities	-
Increase in cash value of bank owned life insurance	346
Wire transfer fees	69
Service charges on deposit accounts	3,208
Other income	1,049
Mortgage servicing income net of impairment	375
Interchange fees	3,403
Fiduciary activities	1,251
Total non-interest income	10,920
Professional fees	735
Other expense	3,087
Net occupancy expenses	3,127
Salaries and employee benefits	22,731
Data processing	2,951
Fdic insurance expense	1,216
Other losses	-245
Merger related expense	-
Core deposit intangible amortization	816
Outside services and consultants	3,278
Loan expense	1,231
Total non-interest expense	39,417
Credit loss expense	2,462
Subordinated notes	829
Junior subordinated debentures issued to capital trusts	1,070
Deposits	26,052
Short and long term borrowings	8,171
Total interest expense	36,122
Other	830
Investment securities - tax exempt	6,088
Investment securities - taxable	5,941
Interest and fees on loans	78,618
Total interest income	91,477
Net interest income	55,355
Net interest income after provision for credit losses	52,893
Income before income taxes	24,396
Net income available to common shareholders	20,644

Basic earnings per share (in usd per share)	0.47
Diluted earnings per share (in usd per share)	0.47
Weighted average common shares outstanding (in shares)	43,794,490
Weighted average common shares outstanding (in shares)	44,034,663

Unit: Thousand (K) dollars (except for numbers of shares and EPS)