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Horizon Bank
Michigan City, IN · FDIC Certificate #4360 · Chartered 04/2
Total assets
$6.55B
Total deposits
$5.48B
Total equity
$803.85M
Net loans
$4.91B
Branches (offices)
74
Net income (YTD)
$56.94M
Rank: #236 of 4,213 U.S. banks by assets · #8 of 87 in Indiana. Assets changed -14.1% and deposits -5.2% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.75% |
| Return on equity | 14.53% |
| Net interest margin (YTD) | 4.47% |
| Equity to assets | 12.28% |
| Tier 1 leverage ratio | 10.52% |
| Uninsured deposits (share of deposits) | 26.2% |
| Noncurrent loans (share of loans) | 0.70% |
| Net charge-offs (share of loans) | 0.05% |
| Loans to deposits | 89.7% |
| Real estate loans (share of loans) | 77.4% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $3.80B | 77.4% | |
| Commercial & industrial | $624.48M | 12.7% | |
| Consumer / individual | $85.79M | 1.7% | |
| Construction & development | $228.65M | 4.7% | |
| Agricultural | $31.22M | 0.6% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $7.58B | $5.90B | $50.89M | $725.59M |
| Jun 2023 | $7.95B | $5.78B | $40.02M | $755.42M |
| Jun 2024 | $7.88B | $5.70B | $32.57M | $769.61M |
| Jun 2025 | $7.62B | $5.78B | $48.40M | $830.21M |
| Jun 2026 | $6.55B | $5.48B | $56.94M | $803.85M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Indiana | $3.92B | 47 |
| Michigan | $1.56B | 27 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $5.48B.
Similar-sized banks
The Washington Trust Company, Of Westerly ($6.55B) · Trustco Bank ($6.52B)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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