BlastPoint

BlastPoint's Banking Scorecard

Horizon Bank

$1B-$10B Specialty: Commercial IN FDIC cert 4360

Michigan City, IN

79 branches across IN · MI

NEW · Q2 2026 RECAP

Your Quarter, Wrapped

A 35-second highlight reel of your Q2 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.

Q2 2026 at a glance

  • 1 of 885 banks in the $1B-$10B peer group nationwide — 1 of 16 in IN.
  • Deposits -5.2% year over year ($5.5B on the books).
  • Delinquency rate 0.71%.
  • Return on assets 1.75%.
  • Efficiency ratio 52.66% vs a 59.73% peer average.
  • Loan-to-deposit ratio 89.66% vs a 85.04% peer average.

Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.

885 banks in the $1B-$10B peer group nationally 16 in IN
View $1B-$10B leaderboard (IN) →

Horizon Bank has 4 strengths but faces 2 concerns

Key Strengths include matched growth signatures, metrics ranked in the top 10%, and values meaningfully above the tier average.
Key Concerns include matched risk or decline signatures, metrics ranked in the bottom 10%, and values meaningfully below the tier average.

Key Strengths

Areas where this bank excels compared to peers

  • + Profitability Leader: Top 32.0% in tier
  • + Net Interest Margin 0.59% above tier average
  • + Efficiency Ratio 7.06% below tier average
  • + Delinquency Rate 0.16% below tier average

Key Concerns

Areas that may need attention

  • - Capital Constraint: Bottom 3.1% in tier
  • - Deposit Outflow: Bottom 23.7% in tier
Get updates when Horizon Bank releases new data →

Core Metrics

As of 2026-Q2

Metric Current vs Tier Tier Avg State Avg (IN) National Avg Tier Percentile
Total Assets ? $6.5B
-14.1% YoY +0.1% QoQ
+$3.8B $2.8B
-0.6% YoY
$2.5B
+3.7% YoY
$6.3B
+7.7% YoY
Top 8.4% in tier
Total Loans ? $4.9B
-0.4% YoY +1.6% QoQ
+$2.9B $2.0B
-0.3% YoY
$1.8B
+5.7% YoY
$3.2B
+9.4% YoY
Top 6.9% in tier
Total Deposits ? $5.5B
-5.2% YoY -0.4% QoQ
+$3.2B $2.3B
-0.5% YoY
$2.0B
+3.4% YoY
$4.9B
+7.3% YoY
Top 7.8% in tier
Return on Assets ? 1.75%
+38.8% YoY -2.2% QoQ
+0.36% 1.39%
+17.0% YoY
1.07%
+3.3% YoY
1.30%
+12.1% YoY
80%
Net Interest Margin ? 4.47%
+41.3% YoY +0.4% QoQ
+0.59% 3.87%
+6.2% YoY
3.70%
+8.1% YoY
3.95%
+4.9% YoY
Top 13.3% in tier
Efficiency Ratio ? 52.66%
-3.4% YoY +2.5% QoQ
-7.06% 59.73%
-12.6% YoY
77.20%
+13.2% YoY
70.05%
+2.5% YoY
70%
Delinquency Rate ? 0.71%
+32.9% YoY -7.0% QoQ
-0.16% 0.87%
+11.7% YoY
0.91%
+27.8% YoY
0.98%
+16.3% YoY
38%
Loan-to-Deposit Ratio ? 89.66%
+5.0% YoY +1.9% QoQ
+4.62% 85.04%
-0.1% YoY
81.91%
+1.2% YoY
79.03%
+2.3% YoY
42%
Non-Interest-Bearing Deposit Share ? 21.52%
+3.8% YoY -2.6% QoQ
+0.25% 21.27%
-1.5% YoY
16.57%
-2.9% YoY
21.98%
-0.6% YoY
58%
Nonperforming Asset Ratio ? 0.60%
+65.5% YoY -1.1% QoQ
-0.08% 0.67%
+11.7% YoY
0.69%
+42.1% YoY
0.69%
+15.8% YoY
37%
Tier 1 Capital Ratio ? 12.60%
+3.1% YoY +2.1% QoQ
-2.24% 14.84%
-0.4% YoY
16.20%
+1.2% YoY
17.09%
+0.8% YoY
43%
Non-Interest Income / Assets ? 0.35%
-2.7% YoY +107.4% QoQ
-0.17% 0.53%
+2.5% YoY
1.78%
-1.3% YoY
0.66%
+5.2% YoY
63%

Additional Detail

Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2

Deposit Composition

% of total deposits

Metric Current vs Tier Tier Avg State Avg (IN) National Avg Tier Percentile
Noninterest-Bearing 21.5%
+0.8pp YoY
-0.6pp QoQ
 +0.2pp 21.4% 16.8% 22.2% 58%
Brokered Deposits 4.2%
+0.2pp YoY
-1.1pp QoQ
 -5.3pp 9.5% 7.2% 8.5% 42%

Loan Composition

% of total loans & leases

Metric Current vs Tier Tier Avg State Avg (IN) National Avg Tier Percentile
C&I 12.7%
-2.3pp YoY
+0.6pp QoQ
 -1.3pp 14.0% 11.1% 12.5% 58%
CRE 48.5%
+3.4pp YoY
-0.7pp QoQ
 -1.5pp 50.0% 36.2% 41.4% 45%
1-4 Family 28.3%
-0.4pp YoY
-0.1pp QoQ
 +1.9pp 26.4% 40.0% 31.3% 62%
Consumer 1.7%
-4.8pp YoY
-0.2pp QoQ
 -3.0pp 4.7% 3.2% 5.0% 59%

Capital

Metric Current vs Tier Tier Avg State Avg (IN) National Avg Tier Percentile
CET1 Ratio 12.6%
+0.4pp YoY
+0.2pp QoQ
 -3.0pp 15.6% 17.5% 19.7% 34%
Leverage Ratio 10.5%
+1.2pp YoY
+0.3pp QoQ
 -0.8pp 11.3% 13.0% 12.6% 50%
Total Capital Ratio 13.6%
+0.4pp YoY
+0.3pp QoQ
 -3.1pp 16.7% 18.7% 20.8% 32%

Efficiency & Staffing

Metric Current vs Tier Tier Avg State Avg (IN) National Avg Tier Percentile
Full-Time Employees 869
+10 (+1.2%) YoY
+5 (+0.6%) QoQ
 +555 313 237 482 95%
Assets per Employee ($) $7.5M
-15.1% YoY
-0.5% QoQ
 -$2.9M $10.5M $7.5M $8.8M 32%
Branch Count 79
+1 (+1.3%) YoY
0 QoQ
 +59 20 17 18 98%

Asset Quality

Metric Current vs Tier Tier Avg State Avg (IN) National Avg Tier Percentile
Past Due 90+ Days 0.1%
0.0pp YoY
0.0pp QoQ
 -0.1pp 0.2% 0.2% 0.4% 64%
Nonaccrual 0.7%
+0.2pp YoY
-0.1pp QoQ
 -0.2pp 0.8% 0.8% 1.0% 60%
Allowance Coverage 1.49x
-27.8% YoY
+7.2% QoQ
 -17.22x 18.71x 6.71x 20.23x 38%
Net Charge-off Rate (YTD) 0.1%
0.0pp YoY
0.0pp QoQ
 -0.2pp 0.3% 0.1% 0.2% 53%

Profitability

Metric Current vs Tier Tier Avg State Avg (IN) National Avg Tier Percentile
ROE 14.5%
+2.6pp YoY
-0.5pp QoQ
 +1.9pp 12.6% 11.2% 11.6% 69%
Cost of Funds (YTD) 1.5%
-0.5pp YoY
0.0pp QoQ
 -0.4pp 1.9% 1.8% 1.7% 22%
Net Income ($, YTD) $56.9M
+17.6% YoY
— QoQ
 +$37.7M $19.2M $16.3M $40.4M 95%

Signature Analysis

Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.

Strengths are growth signatures this bank matches (e.g. Revenue Diversifier, Profitability Leader).
Concerns are risk or decline signatures this bank matches (e.g. Margin Compression, Credit Quality Pressure).

Strengths (1)

Profitability Leader

growth
#72 of 222 • Top 32.0% in tier

Top-quartile profitability for peers of this size. Strong fundamentals and operational efficiency.

Why this signature
Return on Assets: 1.75%
(Tier: 1.39%, National: 1.30%)
better than tier avg
222 of 222 Mid-Market banks match · 923 nationally
→ Stable | QoQ rank improving

Concerns (2)

Capital Constraint

risk
#2 of 32 • Bottom 3.1% in tier

Strong balance sheet under pressure - deposits leaving while lending capacity maxed. Need funding solutions before hitting regulatory limits.

Why this signature
Loan-to-Deposit Ratio: 89.66%
(Tier: 85.04%, National: 79.03%)
worse than tier avg
Tier 1 Capital Ratio: 12.60%
(Tier: 14.84%, National: 17.09%)
worse than tier avg
32 of 32 Mid-Market banks match · 143 nationally
→ Stable -5 banks QoQ | QoQ rank improving

Deposit Outflow

decline
#32 of 131 • Bottom 23.7% in tier

Deposits down 0.5%+ YoY. Funding base eroding - rate competition or franchise weakness.

131 of 131 Mid-Market banks match · 686 nationally
→ Stable +31 banks QoQ | QoQ rank improving

Metric Rankings

See how this bank ranks across all tracked metrics compared to peers.

Strengths are metrics in the top 25% (75th percentile or higher).
Concerns are metrics in the bottom 25% (25th percentile or lower).
Comparing against 885 peers in $1B-$10B

Top Strengths (5 metrics)

62
Total Loans
size
Value: $4.91B
Peer Median: $1.96B
#62 of 885 Top 6.9% in $1B-$10B
70
Total Deposits
size
Value: $5.48B
Peer Median: $2.32B
#70 of 885 Top 7.8% in $1B-$10B
75
Total Assets
size
Value: $6.55B
Peer Median: $2.79B
#75 of 885 Top 8.4% in $1B-$10B
119
Net Interest Margin
profitability
Value: 4.47%
Peer Median: 3.87%
#119 of 885 Top 13.3% in $1B-$10B
175
Return on Assets
profitability
Value: 1.75%
Peer Median: 1.39%
#175 of 885 Top 19.7% in $1B-$10B

Top Weaknesses (0 metrics)

No weakness rankings available
Powered by BlastPoint © 2026