Horizon Bancorp Balance Sheet Health
Financial Health criteria checks 6/6
Horizon Bancorp has total assets of $7.9B and total equity of $754.8M. Total deposits are $5.7B, and total loans are $4.8B. It earns a Net Interest Margin of 2.6%. It has sufficient allowance for bad loans, which are currently at 0.5% of total loans. Cash and short-term investments are $253.2M.
Key information
10.5x
Asset to equity ratio
2.6%
Net interest margin
| Total deposits | US$5.73b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.5% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$253.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: 4WC's Assets to Equity ratio (10.5x) is moderate.
Allowance for Bad Loans: 4WC has a sufficient allowance for bad loans (217%).
Low Risk Liabilities: 80% of 4WC's liabilities are made up of primarily low risk sources of funding.
Loan Level: 4WC has an appropriate level of Loans to Assets ratio (60%).
Low Risk Deposits: 4WC's Loans to Deposits ratio (83%) is appropriate.
Level of Bad Loans: 4WC has an appropriate level of bad loans (0.5%).