Horizon Bancorp, Inc. · NASDAQ:HBNC
Horizon Bancorp — Investor Presentation (March 2013)
24 slides from Horizon Bancorp's investor presentation, Mar 28, 2013
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: Horizon Bank Anniversary
HORIZON‘ _HORIZOK BANK Anniversary HORIZON‘ BANK
Slide 4: Corporate Profile
Corporate Profile Shares Outstanding 8.6 Million Market Cap (1) $ 175.6 Million Total Assets (2) $ 1.8 Billion Total Deposits (2) $ 1.3 Billion Locations 29 Ownership (3) Market cap based on price at the close of business on March 22, 2013 at $20.33 per common share Total Assets & Deposits as of Dec
Slide 5: Horizon Achieves New Milestones in 2012
Horizon Achieves New Milestones in 2012 All-Time Stock Price High of $19.68 on December 20, 2012 CMV of $20.33 as of March 22, 2013 2012 Total Shareholder Return of 74.4% Two Dividend Increases 3:2 Stock Split Successful Merger & Integration with Heartland Community Bank New Offices in Kalamazoo and
Slide 6: Northwest Indiana/Southwest Michigan… The Right Side of Chicago
Northwest Indiana/Southwest Michigan… The Right Side of Chicago
Slide 7: Horizon Current Locations
HORIZON 29 Current Locations = Batlle Creek Michigan Schaumburg setter Fort weaynd Illinois Indiana Ohio Latayene, Tecra Hate
Slide 8: Improving State Unemployment Rates
Improving State Unemployment Rates Source: www.stats.indiana.edu/topic/laus.asp *
Slide 9: Horizon's Story
Horizon’s Story Financial Strength Consistent Performance Superior Returns Stable Growth A Company on the Move
Slide 10: Record Earnings "Thirteen" Consecutive Years
Record Earnings “Thirteen” Consecutive Years 12-Year CAGR 16.1% Dollars in Millions 55% *
Slide 11: Excellent Loan & Deposit Growth
Dollars in Millions Loans CAGR 9.77% Core Funding CAGR 10.05% Excellent Loan & Deposit Growth *
Slide 12: Horizon is More Efficient than Peers
Horizon is More Efficient than Peers 2012 Peer Avg. 66.20% Peer Data Source: KBW Report dated December 2012 covering Indiana Publicly Traded Banks; peer data represents a peer average and is as of November 2012 for all periods reviewed. *
Slide 13: Record Mortgage Loan Volume
Record Mortgage Loan Volume CAGR 11.1% *
Slide 14: 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 *
Slide 15: Horizon's Sound Credit Culture
Horizon’s Sound Credit Culture
Slide 16: Lower Delinquency As a Percentage Of Loans
Lower Delinquency As a Percentage Of Loans Loans Past Due 30 to 89 Days 2012 Industry Avg. 0.70% Note: Heartland Bancshares acquisition was completed on July 17, 2012 *
Slide 17: Provision Expense Declining As Non-Performing Loans Stabilize
Provision Expense Declining As Non-Performing Loans Stabilize Note: Heartland Bancshares acquisition was completed on July 17, 2012 *
Slide 18: Horizon Consistently Outperforms Peer Groups in Asset Quality
Note: Heartland Bancshares acquisition was completed on July 17, 2012 Horizon Consistently Outperforms Peer Groups in Asset Quality Source: FDIC Uniform Bank Performance Reports as of 12/31/12. Peer is a custom group of 16 publicly traded banks headquartered in the state of Indiana. National peer gr
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 *
Slide 24: A NASDAQ Traded Company - Symbol HBNC
A NASDAQ Traded Company - Symbol HBNC