Horizon Bancorp, Inc. · NASDAQ:HBNC
Horizon Bancorp — Investor Presentation (August 2012)
24 slides from Horizon Bancorp's investor presentation, Aug 13, 2012
Slide 1: A NASDAQ Traded Company - Symbol HBNC
A NASDAQ Traded Company - Symbol HBNC
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation may contain forward-looking statements regarding the financial performance, business, and future operations of Horizon Bancorp and its affiliates (collectively, “Horizon”). For these statements, Horizon claims the protection of the safe harbor for forward
Slide 3: Corporate Profile
Corporate Profile Shares Outstanding (1) 5.7 Million Market Cap (2) $ 155.7 Million Total Assets (3) $ 1.8 Billion Total Deposits (3) $ 1.2 Billion Locations (4) 29 Ownership (5) Insiders 10% Employee Benefit Plans 16% Institutional & Mutual Funds 23% Shares outstanding includes shares issued on Jul
Slide 4: Northwest Indiana/Southwest Michigan… The Right Side of Chicago
Northwest Indiana/Southwest Michigan… The Right Side of Chicago
Slide 5: Horizon Current Locations
HORIZON 29 Current Locations = Batlle Creek Michigan Schaumburg setter Fort weaynd Illinois Indiana Ohio Latayene, Tecra Hate
Slide 6: Improving State Unemployment Rates
Improving State Unemployment Rates Source: www.stats.indiana.edu/topic/laus.asp 4
Slide 7: Improving County Unemployment Rates
Improving County Unemployment Rates Source: www.stats.indiana.edu/topic/laus.asp 5
Slide 8: Horizon's Story
Horizon’s Story Financial Strength Consistent Performance Superior Returns Stable Growth A Company on the Move
Slide 9: Record Earnings "Twelve" Consecutive Years
Record Earnings “Twelve” Consecutive Years CAGR 10.65% Dollars in Millions 22% Increase 7
Slide 10: Excellent Loan & Deposit Growth
Excellent Loan & Deposit Growth Core Funding CAGR 7.19% Dollars in Millions Loans CAGR 8.04% 8
Slide 11: Balanced & Complementary Business Model
Balanced & Complementary Business Model #1 – Business Banking #2 – Retail Banking #3 – Wealth Management #4 – Retail Mortgage Banking #5 – Mortgage Warehousing Complementary Revenue Streams that are Counter-Cyclical to Varying Economic Cycles 9
Slide 12: Horizon's Sound Credit Culture
Horizon’s Sound Credit Culture
Slide 13: Delinquency Returns To Pre-Recession Levels
Delinquency Returns To Pre-Recession Levels Thousands Loans Past Due 30 to 89 Days 11
Slide 14: Provision Expense Declining As Non-Performing Loans Stabilize
Provision Expense Declining As Non-Performing Loans Stabilize 12
Slide 15: Horizon Consistently Outperforms Peer Groups in Asset Quality
Horizon Consistently Outperforms Peer Groups in Asset Quality Source: FDIC Uniform Bank Performance Reports as of 12/31/11. Peer is a custom group of 16 publicly traded banks headquartered in the state of Indiana. National peer group consists of insured commercial banks having assets between 1 billi
Slide 16: Heartland Community Bank
HORIZON _HORIZOK BANK Heartland Community Bank
Slide 17: Heartland's Corporate Profile as of March 31, 2012
Heartland’s Corporate Profile as of March 31, 2012 Total Shares Outstanding 1,442,727 Total Assets $238 Million Total Loans $135 Million Total Deposits $211 Million Branches 6* *Horizon will close one branch on August 31st 15
Slide 18: Acquisition Improves Shareholder Value
Acquisition Improves Shareholder Value Strategic Considerations Expands Horizon’s Presence into Central Indiana a Growth Market Lowers Geographic Concentration Risk Opens the Door for Future Opportunities Demonstrates Horizon’s Interest as a Statewide Bank Financial Considerations Heartland is #1 in
Slide 19: A Company on the Move
HORIZON _HORIZOK BANK A Company on the Move
Slide 20: Company on the Move
Company on the Move 1999 2004 2005 2012 Mortgage Warehousing Established Entered St. Joseph Michigan Market Entered South Bend and Elkhart Market Acquired Alliance Bank Entered Lake County Market Acquired American Trust Bank Entered Kalamazoo Michigan Market Entered Indianapolis Market Acquired Hear
Slide 21: Highly Regarded In Our Communities
Highly Regarded In Our Communities Nine out of Ten Customers - Would Refer a Friend Best Bank – The News Dispatch Readers Poll - Eleven out of Last Twelve Years Best Wealth Management Company – NW Indiana Business Quarterly Best Place to Work – NW Indiana Business Quarterly Family Friendly Work Poli
Slide 22: Highly Regarded for Financial Performance
Highly Regarded for Financial Performance Ranked in the Top 200 Community Banks for Financial Performance – US Banker & ABA Magazines for the Years -2008, 2009, 2010 & 2011 Horizon Named to KBW Bank Honor Roll Only 45 Banks Selected Throughout the United States No Annual Loss in the Past Decade Hono
Slide 23: Horizon Outperforms the Market For Total Shareholder Return
Horizon Outperforms the Market For Total Shareholder Return 45 20 21
Slide 24: A NASDAQ Traded Company - Symbol HBNC
A NASDAQ Traded Company - Symbol HBNC Improving County Unemployment Rates Source: www.stats.indiana.edu/topic/laus.asp 5
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