Horizon Bancorp, Inc. (NASDAQ:HBNC) Q1 2023 Earnings Conference Call April 27, 2023 8:30 AM ET

Company Participants

Craig Dwight - Chairman and CEO

Thomas Prame - President

Mark Secor - Executive Vice President and CFO

Lynn Kerber - Executive Vice President and Chief Commercial Banking Officer

Noe Najera - Executive Vice President and Senior Retail and Mortgage Lending Officer

Conference Call Participants

Terry McEvoy - Stephens

Nathan Race - Piper Sandler

Damon DelMonte - KBW

David Long - Raymond James

Brian Martin - Janney Montgomery

Operator

Good morning, everyone. Welcome to the Horizon Bancorp Conference Call to discuss Financial Results for the First Quarter of 2023. All participants will be in listen-only. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note that this event is being recorded.

Before turning the call over to management, please remember that today’s call may contain statements that are forward-looking in nature. These statements are subject to risk, uncertainties and other factors that could cause actual results to differ materially from those disclosed, including those factors noted in the slide presentation. Additional information on factors that could cause actual results to differ materially is contained in Horizon’s current 10-K and later filings.

In addition, management may refer to certain non-GAAP financial measures that are intended to help investors understand Horizon’s business. Reconciliations for these measures are contained in the presentation. The company assumes no obligation to update any forward-looking statements made during the call.

For anyone who does not already have a copy of the press release and supplemental presentation issued by Horizon yesterday, they can be accessed at the company’s website, horizonbank.com.

Representing Horizon today are Chairman and Chief Executive Officer, Craig Dwight; President, Thomas Prame; EVP and Chief Executive Officer, Mark Secor; EVP and Chief Commercial Banking Officer, Lynn Kerber; and EVP and Senior Retail and Mortgage Lending Officer, Noe Najera.

At this time, I’d like to turn the call over to Mr. Craig Dwight. Please go ahead, sir.

Craig Dwight

Thank you, Nick, and good morning. And thank you for participating in Horizon Bancorp’s first quarter earnings conference call. Our comments today will follow the investor presentation and press release that we published yesterday, April 26th.

We are proud to announce that Horizon Bank is celebrating its 150th anniversary in business, with our original banking charter issued in April of 1873. At the end of the first year of business, our total assets were $100,000, and 150 years later, we now exceed $7.8 billion. We like to say that we are 150 years strong.