UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from________to Commission file number 0-10792 HORIZON BANCORP, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation ...

Horizon Bancorp, Inc. (NASDAQ:HBNC) Q3 2021 Results Earnings Conference Call October 28, 2021 8:30 AM ET Company Participants Craig Dwight - Chairman, Chief Executive Officer Mark Secor - Executive Vice President, Chief Financial Officer Jim Neff - President Dennis Kuhn - Executive Vice President, Chief Commercial Banking Officer Conference Call Participants Nathan Race - Piper Sandler Damon DelMonte - KBW Daniel Thomas - Stephens Brian Martin - Janney Montgomery Operator Good morning everyone and welcome t ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from________to Commission file number 0-10792 HORIZON BANCORP, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or or ...

Financial Data and Key Metrics Changes - Horizon reported strong quarterly earnings of $22.1 million for Q2 2021, with a year-to-date earnings increase of 64% compared to the same period last year [11][14] - Return on average assets was 1.45% and return on average equity was 12.59%, which are favorable compared to peer medians [12] - The company demonstrated a compounded annual growth rate of 16% in net income over the past 22 years [46] Business Line Data and Key Metrics Changes - Net interest income increased due to a higher level of interest-earning assets, despite lower PPP income and mortgage loan balances [22] - Non-interest income rose primarily due to mortgage gain on sale and interchange income, along with a recovery of $1.6 million from mortgage servicing right impairment [23][30] - The loan yield increased in Q2, but was impacted by lower yielding PPP and mortgage warehouse loans [27] Market Data and Key Metrics Changes - Horizon's expansion is focused on college towns and governmental seats, with the pending branch acquisition enhancing its market presence [16] - The company is well-positioned to benefit from the outbound migration from Illinois, as Indiana and Michigan show improving economic conditions [17] Company Strategy and Development Direction - Horizon is pursuing a strategy of growth through acquisitions, with a pending acquisition of 14 branches and plans to close 10 branches to optimize operations [8][9] - The company aims to maintain a low non-interest expense to average asset ratio, targeting around 2% [57] - Horizon is investing in technology to enhance customer experience and sales, while also expanding its commercial lending team by 20% [10][41] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about Horizon's earning power over the next two years, driven by strategic growth and operational efficiencies [7] - The company is cautious about potential economic disruptions, including the impact of COVID-19 variants on credit quality [78] - Management highlighted the importance of maintaining strong underwriting standards and a diversified loan portfolio [39][40] Other Important Information - Horizon's total loans amount to $3.5 billion, with a well-diversified portfolio [37] - The company has a robust capital position with excess cash of over $125 million, which may be deployed for future acquisitions or stock buybacks [46] Q&A Session Summary Question: Loan growth outlook excluding PPP and warehouse - Management noted a solid pipeline for commercial loan growth, with significant increases in production and funded loans [51][52] Question: Expense outlook for the next quarters - Management indicated that expenses will be noisy due to branch transitions, but aims to achieve a 2% expense ratio in the future [56][57] Question: Loan portfolio levels and mortgage warehouse expectations - Management expects mortgage production to drop, aligning with industry forecasts, and targets a normal warehouse level of $100 million to $125 million [68] Question: Core margin expectations for the second half of the year - Management stated that core margin will depend on investment yields and cash flow, with a targeted investment yield of around 1.5% [73][75] Question: Provision for credit losses outlook - Management anticipates minimal provision reversals in the near term due to economic uncertainties [78] Question: M&A opportunities and size considerations - Management is focused on acquisitions in the $500 million to $2 billion range, particularly in Michigan [82]

BANCORP, INC. A NASDAQ Traded Company - Symbol HBNC INVESTOR PRESENTATION | JULY 27, 2021 E X C E P T I O N A L S E R V I C E • S E N S I B L E A D V I C E ® Important Information Forward-Looking Statements This presentation may contain forward-looking statements regarding the financial performance, business prospects, growth and operating strategies of Horizon Bancorp, Inc. and its affiliates (collectively, "Horizon"). For these statements, Horizon claims the protection of the safe harbor for forward-looki ...

Horizon Bancorp Inc. (NASDAQ:HBNC) Q1 2021 Earnings Conference Call April 29, 2021 8:30 AM ET Company Participants Craig Dwight – CEO Mark Secor - CFO Dennis Kuhn - EVP & Chief Commercial Banking Officer Conference Call Participants Nathan Race - Piper Sandler Terry McEvoy - Stephens Brian Martin - Janney Operator Good morning, everyone, and welcome to the Horizon Bancorp Conference Call to discuss financial results for the three months ended March 31, 2021. All participants will be in listen-only mode. [Op ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from________to Commission file number 0-10792 HORIZON BANCORP, INC. (Exact name of registrant as specified in its charter) Indiana 35-1562417 (State or other jurisdiction of ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 Commission file number 0000-10792 Horizon Bancorp, Inc. (Exact name of registrant as specified in its charter) | Indiana | | 35-1562417 | | --- | --- | --- | | (State or other jurisdiction of incorporation or organization) | | (I.R.S. Employer Identification No.) | | 515 Franklin Street, Michigan C ...

Horizon Bancorp, Inc. (NASDAQ:HBNC) Q4 2020 Results Earnings Conference Call January 28, 2021 8:30 AM ET Company Participants Craig Dwight - Chairman & CEO Dennis Kuhn - EVP Mark Secor - Executive VP, CFO, CAO & Treasurer Conference Call Participants Terry McEvoy - Stephens Damon DelMonte - KBW Nathan Race - Piper Sandler Brian Martin - Janney Montgomery Operator Good morning everyone. And welcome to the Horizon Bancorp Conference Call to discuss financial results for the third month ending December 31, 202 ...

BANCORP, INC. A NASDAQ Traded Company - Symbol HBNC INVESTOR PRESENTATION | JANUARY 27, 2021 E X C E P T I O N A L S E R V I C E • S E N S I B L E A D V I C E ® Important Information Forward-Looking Statements This presentation may contain forward-looking statements regarding the financial performance, business prospects, growth and operating strategies of Horizon Bancorp, Inc. and its affiliates (collectively, "Horizon"). For these statements, Horizon claims the protection of the safe harbor for forward-lo ...