Horizon Bancorp Files 8-K on Financials

Ticker: HBNC · Form: 8-K · Filed: Jan 22, 2025 · CIK: 706129

Horizon Bancorp INC /In/ 8-K Filing Summary
FieldDetail
CompanyHorizon Bancorp INC /In/ (HBNC)
Form Type8-K
Filed DateJan 22, 2025
Risk Levellow
Pages3
Reading Time3 min
Sentimentneutral

Sentiment: neutral

Topics: financial-reporting, 8-k, operations

Related Tickers: HBNC

TL;DR

HBNC dropped an 8-K detailing financials and operations as of Jan 22, 2025.

AI Summary

Horizon Bancorp, Inc. (HBNC) filed an 8-K on January 22, 2025, reporting on results of operations, financial condition, and other events. The filing includes financial statements and exhibits related to the company's performance.

Why It Matters

This filing provides investors with crucial updates on Horizon Bancorp's financial health and operational performance, impacting investment decisions.

Risk Assessment

Risk Level: low — This is a routine 8-K filing providing standard financial and operational updates, not indicating any immediate or significant risks.

Key Players & Entities

FAQ

What is the primary purpose of this 8-K filing?

The primary purpose of this 8-K filing is to report on Horizon Bancorp, Inc.'s results of operations and financial condition, as well as other events and Regulation FD disclosures.

When was the earliest event reported in this filing?

The earliest event reported in this filing was on January 22, 2025.

What is Horizon Bancorp, Inc.'s principal executive office address?

Horizon Bancorp, Inc.'s principal executive office is located at 515 Franklin Street, Michigan City, IN 46360.

What is the IRS Employer Identification Number for Horizon Bancorp, Inc.?

The IRS Employer Identification Number for Horizon Bancorp, Inc. is 35-1562417.

What standard industrial classification code is associated with Horizon Bancorp, Inc.?

Horizon Bancorp, Inc. is associated with the Standard Industrial Classification code 6022, which is for State Commercial Banks.

Filing Stats: 772 words · 3 min read · ~3 pages · Grade level 12.1 · Accepted 2025-01-22 16:06:14

Filing Documents

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition On January 22, 2025, Horizon Bancorp, Inc. (the "Company") issued a press release announcing earnings and other financial results for the three–months and year ended December 31, 2024. A copy of the press release is furnished as Exhibit 99.1 to this report and incorporated here by reference.

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure Investor Presentation The Company has prepared presentation materials (the "Investor Presentation") that management intends to use during its previously announced Earnings Conference Call on Thursday, January 23, 2025 at 7:30 a.m. Central Time, and from time to time thereafter in presentations about the Company's operations and performance. The Company may use the Investor Presentation, possibly with modifications, in presentations to current and potential investors, analysts, lenders, business partners, acquisition candidates, customers, employees and others with an interest in the Company and its business. A copy of the Investor Presentation is furnished as Exhibit 99.2 to this report and incorporated here by reference. The Investor Presentation is also available on the Company's investor website at www.horizonbank.com. Materials on the Company's investor website are not part of or incorporated by reference into this report. In accordance with General Instruction B.2 of Form 8–K, the information in this Current Report on Form 8–K, including Exhibits 99.1 and 99.2, shall not be deemed to be "filed" for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

01 Other Events

Item 8.01 Other Events As disclosed in its earnings report filed October 23, 2024, the Company was engaged in a process to sell its mortgage warehouse line of business. Effective January 17, 2025, the sale has closed and is expected to be roughly neutral to operating income, while generating a gain-on-sale to be recognized in the first quarter of 2025. The liquidity created is expected to be redeployed into core business activities. 2

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits EXHIBIT INDEX Exhibit No. Description Location 99.1 Press release issued on January 22, 2025 Attached 99.2 Horizon Bancorp, Inc. Investor Presentation dated January 23, 2025 Attached 104 Cover Page Interactive Data File (Embedded within the Inline XBRL document) Within the Inline XBRL document 3

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: January 22, 2025 HORIZON BANCORP, INC. By: /s/ John R. Stewart, CFA John R. Stewart, CFA Executive Vice President & Chief Financial Officer 4

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