Horizon Bancorp(HBNC) - 2023 Q2 - Earnings Call Presentation

Financial Performance - Net income as reported is $18763 thousand[7], and adjusted net income is $17599 thousand[7] - Diluted EPS as reported is $043[32], and adjusted diluted EPS is $041[32] - The company offers a dividend yield of 62%[1] - Return on average tangible equity is 1394%[32] Loan Portfolio - Gross loans at 6/30/23 totaled $43 billion, with commercial loans comprising 59% ($2506 million), residential mortgages 16% ($675 million), and consumer loans 23% ($1003 million)[3] - Commercial loans constitute 25% of the total portfolio[2] - Non-Owner Occupied CRE represents 51% of total commercial loans, amounting to approximately $13 billion[36] - Owner Occupied CRE accounts for 23% of total commercial loans, totaling around $06 billion[36] Deposit Base - Total deposits at 6/30/23 reached $57 billion[83] - Deposits <$250K, Collateralized and/or Third-Party Insured (eg, IntraFi and Indiana PDIF) account for 79% of total deposits[84] Market Presence - The company operates 76 branches within its franchise[4] - The company has a 553% market share in Michigan City-La Porte, IN, with deposits of $1184 million[4]