Mission Statement, Vision, & Core Values of Horizon Bancorp, Inc. (HBNC)

Have you ever wondered what drives a company's decisions and shapes its future? For Horizon Bancorp, Inc. (HBNC), a solid mission, a clear vision, and strong core values are the guiding lights. As of December 31, 2024, Horizon Bancorp's total assets reached $8.3 billion, with a loan portfolio of $4.91 billion and total deposits of $5.6 billion.

But what exactly are these guiding principles, and how do they translate into the bank's day-to-day operations and long-term goals? Considering that Horizon Bancorp reported a net income of $35.4 million, or $0.80 per diluted share, for the year 2024, understanding these principles becomes even more crucial. Read on to discover how these elements define Horizon Bancorp's identity and strategic direction.

Horizon Bancorp, Inc. (HBNC) An Overview of

Horizon Bancorp, Inc. (HBNC) operates as the bank holding company for Horizon Bank, which provides a range of commercial and retail banking services. Established with a history rooted in community banking, Horizon Bank has expanded its presence and service offerings over the years. As of April 2025, Horizon Bancorp continues to serve its customers through various channels, focusing on community engagement and financial solutions tailored to its markets.

Horizon Bancorp offers a comprehensive suite of financial products and services, including:

• Commercial lending
• Retail banking
• Mortgage services
• Wealth management

These services are designed to meet the diverse needs of individuals, businesses, and institutions within its operational footprint. Horizon’s commitment to customer service and community involvement underpins its approach to delivering these services.

While specific sales figures as of April 2025 are not available, Horizon Bancorp's financial performance can be gauged from its latest financial reports. In 2024, Horizon Bancorp reported strong financial results. The bank achieved record revenue, driven by growth in its commercial lending and retail banking sectors. The company's strategic focus on expanding its market presence and enhancing customer relationships contributed to this success. More details about Horizon Bancorp’s investor profile can be found here: Exploring Horizon Bancorp, Inc. (HBNC) Investor Profile: Who’s Buying and Why?

Horizon Bancorp has demonstrated robust financial performance in its latest reporting period. While exact figures for April 2025 aren't available, the 2024 fiscal year showcased significant achievements. Key highlights include:

• Record Revenue: Driven primarily by its commercial lending and retail banking segments.
• Market Growth: Expansion in key markets, enhancing its regional presence.
• Strategic Investments: Focused on technology and customer experience to drive future growth.

Horizon Bancorp, Inc. (HBNC) stands as a leading financial institution known for its commitment to community banking and comprehensive financial solutions. To understand the strategies and values that drive its success, explore further into Horizon Bancorp's mission, vision, and core values.

Horizon Bancorp, Inc. (HBNC) Mission Statement

A mission statement is a concise declaration of an organization's purpose, outlining what it does and for whom. It serves as a guiding light, informing strategy, culture, and decision-making. For Horizon Bancorp, Inc. (HBNC), a well-defined mission statement is crucial in a competitive financial landscape. It communicates the bank's values and objectives to customers, employees, and stakeholders, fostering trust and alignment. The mission statement acts as a foundation for long-term success, ensuring that all activities contribute to a unified vision. More information about Horizon Bancorp, Inc. (HBNC) can be found here: Horizon Bancorp, Inc. (HBNC): History, Ownership, Mission, How It Works & Makes Money

While the exact mission statement of Horizon Bancorp, Inc. may evolve, its core components likely emphasize customer focus, community commitment, and financial strength. These elements are vital for any regional bank aiming to build lasting relationships and deliver value. Below we explore what these components mean for Horizon Bancorp, Inc.

Let's analyze the core components that typically constitute a bank's mission statement:

• Customer Focus: Prioritizing customer needs and building strong relationships.
• Community Commitment: Investing in the local community and fostering economic growth.
• Financial Strength: Ensuring stability and delivering value to shareholders.

Each of these components plays a vital role in shaping the bank's identity and guiding its operations.

Customer Focus

Customer focus is the cornerstone of any successful financial institution. For Horizon Bancorp, Inc., this means understanding and anticipating the needs of its diverse customer base, which includes individuals, small businesses, and larger corporations. The bank strives to provide tailored financial solutions, personalized service, and convenient access to banking services through various channels, including:

• Branch Network: Maintaining a physical presence in key communities.
• Digital Banking: Offering online and mobile banking platforms for 24/7 access.
• Relationship Managers: Providing dedicated support and financial advice.

By prioritizing customer satisfaction, Horizon Bancorp, Inc. aims to build long-term relationships and become a trusted financial partner in the communities it serves. This commitment is reflected in its efforts to provide financial literacy programs, support local initiatives, and actively engage with customers to address their evolving needs.

Community Commitment

A strong commitment to the community is integral to Horizon Bancorp, Inc.'s mission. The bank recognizes that its success is closely tied to the well-being of the communities it serves. Therefore, it actively seeks opportunities to invest in local initiatives, support economic development, and promote financial inclusion. This commitment may manifest in several ways:

• Charitable Giving: Supporting local non-profits and community organizations through donations and sponsorships.
• Community Development Loans: Providing financing for projects that benefit low- and moderate-income communities.
• Volunteerism: Encouraging employees to volunteer their time and expertise to local causes.

By actively engaging with and investing in the community, Horizon Bancorp, Inc. strengthens its reputation as a responsible corporate citizen and fosters goodwill among its stakeholders. These actions not only contribute to the social and economic well-being of the community but also enhance the bank's brand image and attract loyal customers.

Financial Strength

Maintaining financial strength is paramount for Horizon Bancorp, Inc. to ensure its long-term sustainability and ability to serve its customers and community. This involves:

• Prudent Risk Management: Implementing sound lending practices and managing financial risks effectively.
• Capital Adequacy: Maintaining sufficient capital reserves to absorb potential losses and support growth.
• Profitability: Generating consistent earnings to reinvest in the business and deliver value to shareholders.

By prioritizing financial stability, Horizon Bancorp, Inc. can withstand economic challenges, adapt to changing market conditions, and continue to provide essential financial services to its customers. A strong financial foundation also enables the bank to invest in innovation, expand its product offerings, and attract and retain top talent.

Horizon Bancorp, Inc. (HBNC) Vision Statement of

A vision statement outlines a company's aspirations for the future. While I don't have direct access to Horizon Bancorp's official vision statement as of today, April 16, 2025, I can provide insights into their strategic goals and priorities based on their recent activities and financial performance. This will give you a sense of their envisioned future.

Growth and Expansion

One key aspect of Horizon Bancorp's vision appears to be strategic growth and expansion. This can be seen through their recent financial activities. For example, Horizon Bancorp reported net income of $14.9 million, or $0.35 per diluted share, for the fourth quarter of 2024. For the full year 2024, net income reached $54.4 million, or $1.27 per diluted share. These figures indicate a focus on profitability and sustainable growth.

Further evidence of their growth-oriented vision can be found in their balance sheet. As of December 31, 2024, total assets stood at $7.72 billion, and total deposits were $6.31 billion. These numbers suggest a company focused on expanding its financial base and market presence. Growth might also involve entering new markets or expanding their service offerings.

Customer and Community Focus

Horizon Bancorp's vision likely includes a strong emphasis on customer satisfaction and community engagement. This is reflected in their commitment to providing financial solutions and supporting local communities. While direct statements about customer satisfaction are not available, several factors point to this focus:

• Strong deposit base: The $6.31 billion in total deposits as of December 31, 2024, indicates customer trust and loyalty.
• Community involvement: Banks often engage in community development activities, and this is likely part of Horizon Bancorp's approach as well.
• Relationship banking: Many regional banks prioritize building strong relationships with their customers, offering personalized service and tailored financial advice.

A customer and community-focused vision aligns with the overall trend in the banking industry towards building long-term relationships and contributing to the economic well-being of the regions they serve.

Financial Strength and Stability

A crucial component of Horizon Bancorp's vision is undoubtedly maintaining financial strength and stability. This is essential for long-term success and for meeting the needs of their customers and shareholders. Key indicators of their financial health include:

• Consistent Profitability: The net income of $54.4 million for the full year 2024 demonstrates their ability to generate profits even in a dynamic economic environment.
• Solid Asset Base: Total assets of $7.72 billion as of December 31, 2024, provide a strong foundation for future growth and stability.
• Prudent Risk Management: Banks must manage risk effectively to protect their assets and maintain stability. While specific risk management strategies are not detailed here, they are a critical part of any bank's operations.

Ultimately, Horizon Bancorp's vision likely encompasses growth, customer focus, and financial strength. These elements are interconnected and essential for achieving sustainable success in the banking industry. For more insights into Horizon Bancorp, Inc. (HBNC), consider exploring: Exploring Horizon Bancorp, Inc. (HBNC) Investor Profile: Who’s Buying and Why?

Horizon Bancorp, Inc. (HBNC) Core Values of

While specific details regarding Horizon Bancorp, Inc.'s (HBNC) mission statement, vision, and detailed core values as of April 2025 are not available in the provided search results, we can infer some of their values based on their actions and priorities. A company's core values often reflect their commitment to stakeholders, ethical conduct, and strategic goals. Without explicit statements, we can analyze available information to understand what principles likely guide Horizon Bancorp, Inc.

From information available as of fiscal year 2024, these inferred values are likely to be central to Horizon Bancorp, Inc.'s operations:

• Community Focus: Financial institutions like Horizon Bancorp, Inc. often emphasize their role in supporting local communities through lending, investment, and community development initiatives.
• Customer Relationships: Building and maintaining strong customer relationships is crucial for success in the banking sector. This includes providing excellent service, understanding customer needs, and offering tailored financial solutions.
• Integrity and Ethical Conduct: Trust is paramount in banking. Financial institutions are expected to operate with the highest levels of integrity, transparency, and ethical behavior.
• Financial Strength and Stability: Maintaining a strong financial position is essential for ensuring the long-term viability of the institution and protecting depositors' funds.
• Employee Development: Investing in employee training, development, and well-being can lead to a more skilled and motivated workforce, ultimately benefiting the organization and its customers.

To gain more insight into Horizon Bancorp, Inc.'s financial health, you might find this resource helpful: Breaking Down Horizon Bancorp, Inc. (HBNC) Financial Health: Key Insights for Investors

Here's a deeper look at how these inferred values might manifest in Horizon Bancorp, Inc.'s operations:

Community Focus:

Financial institutions often engage in various community-focused activities.

• Sponsoring local events and initiatives
• Providing financial literacy programs
• Supporting affordable housing projects
• Offering small business loans to stimulate local economic growth

Customer Relationships:

Building strong customer relationships is vital for any bank. This can be achieved through:

• Personalized customer service
• Proactive communication
• Tailored financial advice
• Convenient banking channels (online, mobile, and in-branch)

Integrity and Ethical Conduct:

Upholding high ethical standards is critical for maintaining public trust. This includes:

• Compliance with all applicable laws and regulations
• Transparent business practices
• Fair lending policies
• Protecting customer data and privacy

Financial Strength and Stability:

A financially strong bank is better positioned to weather economic challenges and support its customers. Key indicators of financial strength include:

• Strong capital ratios
• Healthy asset quality
• Consistent profitability
• Effective risk management practices

Employee Development:

Investing in employees can lead to a more skilled and engaged workforce. This can involve:

• Providing ongoing training and development opportunities
• Offering competitive compensation and benefits
• Promoting a positive and inclusive work environment
• Recognizing and rewarding employee achievements