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Regulatory Capital (Tables)
12 Months Ended
Dec. 31, 2022
Regulatory Capital Requirements under Banking Regulations [Abstract]  
Summary of Regulatory Capital Requirement
Horizon and the Bank’s actual and required capital ratios as of December 31, 2022 and 2021 were as follows:
Actual
Required for Capital
Adequacy Purposes(1)
Required For Capital Adequacy Purposes
with Capital Buffer(1)
Well Capitalized Under
Prompt Corrective Action
Provisions(1)
AmountRatioAmountRatioAmountRatioAmountRatio
December 31, 2022
Total capital (to risk–weighted assets)(1)
Consolidated$776,390 14.37 %$432,172 8.00 %$567,226 10.50 %N/AN/A
Bank726,339 13.59 %427,456 8.00 %561,036 10.50 %$534,320 10.00 %
Tier 1 capital (to risk–weighted assets)(1)
Consolidated729,835 13.51 %324,129 6.00 %459,183 8.50 %N/AN/A
Bank679,784 12.72 %320,592 6.00 %454,172 8.50 %427,456 8.00 %
Common equity tier 1 capital (to risk–weighted assets)(1)
Consolidated609,630 11.28 %243,097 4.50 %378,151 7.00 %N/AN/A
Bank679,784 12.72 %240,444 4.50 %374,024 7.00 %347,308 6.50 %
Tier 1 capital (to average assets)(1)
Consolidated729,835 10.03 %291,122 4.00 %291,122 4.00 %N/AN/A
Bank679,784 8.89 %305,996 4.00 %305,996 4.00 %382,495 5.00 %
December 31, 2021
Total capital (to risk–weighted assets)(1)
Consolidated$708,198 15.71 %$360,737 8.00 %$473,468 10.500 %N/AN/A
Bank664,061 14.72 %361,015 8.00 %473,832 10.500 %$451,269 10.00 %
Tier 1 capital (to risk–weighted assets)(1)
Consolidated661,729 14.68 %270,553 6.00 %383,284 8.500 %N/AN/A
Bank617,592 13.69 %270,761 6.00 %383,578 8.500 %361,015 8.00 %
Common equity tier 1 capital (to risk–weighted assets)(1)
Consolidated541,920 12.02 %202,915 4.50 %315,645 7.500 %N/AN/A
Bank617,592 13.69 %203,071 4.50 %315,888 7.500 %293,325 6.50 %
Tier 1 capital (to average assets)(1)
Consolidated661,729 9.05 %292,335 4.00 %292,335 4.000 %N/AN/A
Bank617,592 8.50 %29,064 4.00 %290,646 4.000 %363,307 5.00 %
(1)As defined by regulatory agencies