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Condensed Financial Information (Parent Company Only) | 12 Months Ended
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Dec. 31, 2018
Condensed Financial Information Disclosure [Abstract] |
Condensed Financial Information (Parent Company Only) | Note 27 – Condensed Financial Information (Parent Company Only) Presented below is condensed financial information as to financial position, results of operations and cash flows of Horizon Bancorp, Inc.: Condensed Balance Sheets
|  | December 31 2018 |  |  | December 31 2017 |
Assets |  |  |  |  |  |  |  |
Total cash and cash equivalents |  | $ | 30,653 |  |  | $ | 13,361 |
Investment in subsidiaries |  |  | 502,844 |  |  |  | 497,623 |
Other assets |  |  | 1,186 |  |  |  | 1,318 |
Total assets |  | $ | 534,683 |  |  | $ | 512,302 |
Liabilities |  |  |  |  |  |  |  |
Borrowings |  | $ | — |  |  | $ | 12,500 |
Subordinated debentures |  |  | 37,837 |  |  |  | 37,653 |
Other liabilities |  |  | 4,854 |  |  |  | 5,071 |
Stockholders’ Equity |  |  | 491,992 |  |  |  | 457,078 |
Total liabilities and stockholders’ equity |  | $ | 534,683 |  |  | $ | 512,302 |
Condensed Statements of Income
|  | Years Ended December 31 |
|  | 2018 |  |  | 2017 |  |  | 2016 |
Operating Income (Expense) |  |  |  |  |  |  |  |  |  |  |  |
Dividend income from subsidiaries |  | $ | 46,950 |  |  | $ | 27,000 |  |  | $ | 20,000 |
Investment income |  |  | — |  |  |  | — |  |  |  | 33 |
Other income |  |  | — |  |  |  | 540 |  |  |  | 42 |
Interest expense |  |  | (2,475 | ) |  |  | (2,791 | ) |  |  | (2,376 | )
Employee benefit expense |  |  | (1,423 | ) |  |  | (1,094 | ) |  |  | (1,158 | )
Other expense |  |  | (357 | ) |  |  | (326 | ) |  |  | 1,279 |
Income Before Undistributed Income of Subsidiaries |  |  | 42,695 |  |  |  | 23,329 |  |  |  | 17,820 |
Undistributed Income of Subsidiaries |  |  | 9,643 |  |  |  | 8,804 |  |  |  | 5,938 |
Income Before Tax |  |  | 52,338 |  |  |  | 32,133 |  |  |  | 23,758 |
Income Tax Benefit |  |  | 779 |  |  |  | 984 |  |  |  | 154 |
Net Income |  |  | 53,117 |  |  |  | 33,117 |  |  |  | 23,912 |
Preferred stock dividend |  |  | — |  |  |  | — |  |  |  | (42 | )
Net Income Available to Common Shareholders |  | $ | 53,117 |  |  | $ | 33,117 |  |  | $ | 23,870 |
Condensed Statements of Comprehensive Income
|  | Years Ended December 31 |
|  | 2018 |  |  | 2017 |  |  | 2016 |
Net Income |  | $ | 53,117 |  |  | $ | 33,117 |  |  | $ | 23,912 |
Other Comprehensive Income (Loss) |  |  |  |  |  |  |  |  |  |  |  |
Change in fair value of derivative instruments, net of taxes |  |  | (25 | ) |  |  | 913 |  |  |  | 6 |
Unrealized appreciation for the period on held to maturity securities, net of taxes |  |  | (150 | ) |  |  | (166 | ) |  |  | (424 | )
Unrealized appreciation (depreciation) on available for sale securities, net of taxes |  |  | (4,003 | ) |  |  | 1,371 |  |  |  | (3,310 | )
Less: reclassification adjustment for realized (gains) losses included in net income, net of taxes |  |  | 351 |  |  |  | (25 | ) |  |  | (1,193 | )
|  |  | (3,827 | ) |  |  | 2,093 |  |  |  | (4,921 | )
Comprehensive Income |  | $ | 49,290 |  |  | $ | 35,210 |  |  | $ | 18,991 |
Condensed Statements of Cash Flows
|  | Years Ended December 31 |
|  | 2018 |  |  | 2017 |  |  | 2016 |
Operating Activities |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 53,117 |  |  | $ | 33,117 |  |  | $ | 23,912 |
Items not requiring (providing) cash |  |  |  |  |  |  |  |  |  |  |  |
Equity in undistributed net income of subsidiaries |  |  | (9,643 | ) |  |  | (8,804 | ) |  |  | (5,938 | )
Change in: |  |  |  |  |  |  |  |  |  |  |  |
Share based compensation |  |  | 251 |  |  |  | 325 |  |  |  | 284 |
Amortization of unearned compensation |  |  | 169 |  |  |  | 135 |  |  |  | 324 |
Other assets |  |  | 132 |  |  |  | 388 |  |  |  | 888 |
Other liabilities |  |  | 378 |  |  |  | (1,675 | ) |  |  | (244 | )
Net cash provided by operating activities |  |  | 44,404 |  |  |  | 23,486 |  |  |  | 19,226 |
Investing Activities |  |  |  |  |  |  |  |  |  |  |  |
Acquisition of Kosciusko |  |  | — |  |  |  | — |  |  |  | (6,741 | )
Acquisition of LaPorte |  |  | — |  |  |  | — |  |  |  | (17,108 | )
Acquisition of CNB |  |  | — |  |  |  | — |  |  |  | (5,296 | )
Acquisition of Lafayette |  |  | — |  |  |  | (1,254 | ) |  |  | — |
Acquisition of Wolverine |  |  | — |  |  |  | (7,688 | ) |  |  | — |
Net cash used in investing activities |  |  | — |  |  |  | (8,942 | ) |  |  | (29,145 | )
Financing Activities |  |  |  |  |  |  |  |  |  |  |  |
Redemption of preferred stock |  |  | — |  |  |  | — |  |  |  | (12,500 | )
Net change in borrowings |  |  | (12,316 | ) |  |  | (6,803 | ) |  |  | 19,500 |
Dividends paid on preferred shares |  |  | — |  |  |  | — |  |  |  | (42 | )
Dividends paid on common shares |  |  | (15,418 | ) |  |  | (11,720 | ) |  |  | (8,382 | )
Proceeds from issuance of stock |  |  | 622 |  |  |  | 1,604 |  |  |  | 572 |
Net cash used in financing activities |  |  | (27,112 | ) |  |  | (16,919 | ) |  |  | (852 | )
Net Change in Cash and Cash Equivalents |  |  | 17,292 |  |  |  | (2,375 | ) |  |  | (10,771 | )
Cash and Cash Equivalents at Beginning of Year |  |  | 13,361 |  |  |  | 15,736 |  |  |  | 26,507 |
Cash and Cash Equivalents at End of Year |  | $ | 30,653 |  |  | $ | 13,361 |  |  | $ | 15,736 |

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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=108774443&loc=d3e5283-111683 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 235 -Section S99 -Paragraph 2 -Subparagraph (SX 210.9-06) -URI http://asc.fasb.org/extlink&oid=6882215&loc=d3e537971-122884 + Details
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