Horizon Bancorp reported third-quarter 2026 net income of $28.7 million, or $0.56 per diluted share, compared to a loss of $222.0 million in the year-ago period and $24.9 million in the second quarter. Net interest income rose 11.6% to $65.2 million as the fully taxable equivalent net interest margin held steady at 4.37%. Total deposits grew by $81.2 million, while loans held for investment increased by $46.9 million. The company recorded a provision for credit losses of $1.3 million and reported annualized net charge-offs of 0.10% of average loans. Horizon Bancorp is the parent company of Horizon Bank, serving customers in Indiana and Michigan through community banking operations.
