Horizon Bancorp, Inc. reported net income of $24.9 million, or $0.49 per diluted share, for the second quarter ended June 30, 2026. The company's net interest margin expanded to 4.37% from 4.29% in the previous quarter.

Financial Performance

The following table summarizes Horizon Bancorp's Q2 financial results compared to the prior quarter:

The earnings performance reflects the resilience of the company's community banking model, despite a pre-tax legal charge of $3.1 million, or $0.05 per diluted share. Net interest income increased 2.0% to $63.5 million, driven by disciplined loan and deposit pricing and strong commercial loan growth.

Balance Sheet Highlights

Total assets increased by $9.9 million to $6.6 billion as of June 30, 2026. Total loans held for investment grew by $75.9 million to $4.96 billion. Total deposits decreased by $22.1 million to $5.4 billion.

Credit Quality

Credit quality remained strong, with annualized net charge-offs of 0.05% of average loans. Non-performing assets decreased to $43.7 million, or 0.66% of total assets, down from 0.67% in the previous quarter. The allowance for credit losses as a percentage of period-end loans HFI was 1.05%.

Capital Position

The company's preliminary consolidated regulatory capital ratios remained robust, with a total capital ratio of 15.01% and a common equity tier 1 capital ratio of 11.09%. Book value per common share increased to $14.21.

Horizon Bancorp, Inc. will host a conference call on July 23, 2026, to review its second quarter 2026 financial results. The company’s earnings release will be published after markets close on July 22, 2026, and will be available on its investor relations website.

The conference call is scheduled for 7:30 a.m. CT (8:30 a.m. ET). Participants from the United States and Canada can dial 1-833-974-2379, while international callers may use 1-412-317-5772. Callers should request the "Horizon Bancorp Call" and dial in approximately 10 minutes early.

A telephone replay will be available approximately one hour after the call concludes and will remain accessible through August 23, 2026. The replay can be accessed by dialing 1-855-669-9658 (U.S. and Canada) or 1-412-317-0088 (international) and entering access code 6151989.

Conference Call Details

Horizon Bancorp, Inc. is the bank holding company for Horizon Bank, serving customers across Midwestern markets through digital tools and branches in Indiana and Michigan. As of December 31, 2025, the company reported assets of $6.4 billion.