Horizon Bancorp (HBNC) Income Statement

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Loans receivable
Taxable	2.5M
Tax exempt	1.15M
Total interest income	28.96M
Deposits	1.88M
Borrowed funds	2.13M
Subordinated debentures	549K
Total interest expense	4.55M
Net Interest Income	24.41M
Provision for loan losses	455K
Net Interest Income after Provision for Loan Losses	23.96M
Service charges on deposit accounts	1.48M
Wire transfer fees	292K
Interchange fees	2.02M
Fiduciary activities	1.65M
Gain on sale of securities	0
Gain on sale of mortgage loans	3.53M
Mortgage servicing income net of impairment
Increase in cash surrender value of bank owned life insurance	449K
Other income
Total other income	10.06M
Salaries and employee benefits	12.21M
Net occupancy expenses	2.17M
Data processing	1.62M
Professional fees	612K
Outside services and consultants	2.69M
Loan expense	1.48M
FDIC insurance expense	465K
Other losses	107K
Other expenses	3.47M
Total other expenses	24.82M
Income Before Income Tax
Income tax expense	2.59M
Net Income	6.6M
Preferred stock dividend and discount accretion
Net Income Available to Common Shareholders	6.6M
Basic Earnings Per Share	0.31
Diluted Earnings Per Share	0.3

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