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Regulatory Capital (Tables)
12 Months Ended
Dec. 31, 2023
Regulatory Capital Requirements under Banking Regulations [Abstract]  
Schedule of Regulatory Capital Requirement
Horizon and the Bank’s actual and required capital ratios as of December 31, 2023 and 2022 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, 2023
Total capital (to risk–weighted assets)(1)
Consolidated$786,436 14.11 %$446,000 8.00 %$585,374 10.50 %N/AN/A
Bank714,402 12.87 %444,147 8.00 %582,943 10.50 %$555,184 10.00 %
Tier 1 capital (to risk–weighted assets)(1)
Consolidated735,792 13.20 %334,500 6.00 %473,874 8.50 %N/AN/A
Bank663,758 11.96 %333,111 6.00 %471,907 8.50 %444,147 8.00 %
Common equity tier 1 capital (to risk–weighted assets)(1)
Consolidated619,153 11.11 %250,875 4.50 %390,250 7.00 %N/AN/A
Bank663,758 11.96 %249,833 4.50 %388,629 7.00 %360,870 6.50 %
Tier 1 capital (to average assets)(1)
Consolidated735,792 9.36 %314,306 4.00 %314,306 4.00 %N/AN/A
Bank663,758 8.41 %315,550 4.00 %315,550 4.00 %394,438 5.00 %
December 31, 2022
Total capital (to risk–weighted assets)(1)
Consolidated$776,390 14.37 %$432,172 8.00 %$567,226 10.500 %N/AN/A
Bank726,339 13.59 %427,456 8.00 %561,036 10.500 %$534,320 10.00 %
Tier 1 capital (to risk–weighted assets)(1)
Consolidated729,835 13.51 %324,129 6.00 %459,183 8.500 %N/AN/A
Bank679,784 12.72 %320,592 6.00 %454,172 8.500 %427,456 8.00 %
Common equity tier 1 capital (to risk–weighted assets)(1)
Consolidated609,630 11.28 %243,097 4.50 %378,151 7.500 %N/AN/A
Bank679,784 12.72 %240,444 4.50 %374,024 7.500 %347,308 6.50 %
Tier 1 capital (to average assets)(1)
Consolidated729,835 10.03 %291,122 4.00 %291,122 4.000 %N/AN/A
Bank679,784 8.89 %305,996 4.00 %305,999 4.000 %382,495 5.00 %
(1)As defined by regulatory agencies