For the quarter ending 2025-09-30, HBNC made $122,422K in revenue. -$221,990K in net income. Net profit margin of -181.33%.
| Income Statement | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Interest and fees on loans | 79,561 | 78,618 | ||
| Investment securities - taxable | 6,631 | 5,941 | ||
| Investment securities - tax exempt | 4,581 | 6,088 | ||
| Other | 2,063 | 830 | ||
| Total interest income | 92,836 | 91,477 | ||
| Deposits | 25,726 | 26,052 | ||
| Short and long term borrowings | 5,924 | 8,171 | ||
| Subordinated notes | 1,731 | 829 | ||
| Junior subordinated debentures issued to capital trusts | 1,069 | 1,070 | ||
| Total interest expense | 34,450 | 36,122 | ||
| Net interest income | 58,386 | 55,355 | ||
| Credit loss (benefit) expense | -3,572 | 2,462 | ||
| Net interest income after provision for credit losses | 61,958 | 52,893 | ||
| Service charges on deposit accounts | 3,474 | 3,208 | ||
| Wire transfer fees | 71 | 69 | ||
| Interchange fees | 3,510 | 3,403 | ||
| Fiduciary activities | 1,363 | 1,251 | ||
| Loss on sale of investment securities | -299,132 | 0 | ||
| Gain on sale of mortgage loans | 1,208 | 1,219 | ||
| Mortgage servicing income net of impairment | 351 | 375 | ||
| Increase in cash value of bank owned life insurance | 379 | 346 | ||
| Other income (loss) | -6,558 | 1,049 | ||
| Total non-interest (loss) income | -295,334 | 10,920 | ||
| Salaries and employee benefits | 22,698 | 22,731 | ||
| Net occupancy expenses | 3,321 | 3,127 | ||
| Data processing | 2,933 | 2,951 | ||
| Professional fees | 808 | 735 | ||
| Outside services and consultants | 3,844 | 3,278 | ||
| Loan expense | 1,237 | 1,231 | ||
| Fdic insurance expense | 1,345 | 1,216 | ||
| Core deposit intangible amortization | 706 | 816 | ||
| Merger related expense | 0 | 0 | ||
| Prepayment penalties | 12,680 | - | ||
| Other losses | -131 | -245 | ||
| Other expense | 3,249 | 3,087 | ||
| Total non-interest expense | 52,952 | 39,417 | ||
| Income before income taxes | -286,328 | 24,396 | ||
| Income tax expense (benefit) | -64,338 | 3,752 | ||
| Net income (loss) available to common shareholders | -221,990 | 20,644 | ||
| Basic earnings per share (in usd per share) | -4.69 | 0.47 | ||
| Diluted earnings per share (in usd per share) | -4.69 | 0.47 | ||
| Weighted average common shares outstanding (in shares) | 47,311,642 | 43,794,490 | ||
| Weighted average common shares outstanding (in shares) | 47,311,642 | 44,034,663 | ||
HORIZON BANCORP INC IN (HBNC)
HORIZON BANCORP INC IN (HBNC)