Horizon Bancorp, Inc. (NASDAQ:HBNC) Q1 2022 Earnings Conference Call April 28, 2022 8:30 AM ET
Company Participants
Craig Dwight - President, Chairman & Chief Executive Officer
Mark Secor - Executive Vice President, Chief Financial Officer, Chief Accounting Officer & Treasurer
Noe Najera - Executive Vice President & Senior Retail and Mortgage Lending Officer
Conference Call Participants
Terry McEvoy - Stephens
Nathan Race - Piper Sandler
David Long - Raymond James
Damon DelMonte - KBW
Brian Martin - Janney Montgomery
Operator
Good morning, everyone and welcome to the Horizon Bancorp conference call to discuss Financial Results for the Three Months Ended March 31, 2022. All participants will be in listen-only mode. [Operator Instructions]. After today's presentation, there will be an opportunity to ask questions. [Operator Instructions]
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 risks, uncertainties and other factors that could cause actual results to differ materially from those discussed, including those factors noted in the slide presentation. Additional information about 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 this call. If anyone does not already have a copy of the press release and supplemental presentation issued by Horizon yesterday, you can access it at the company's website at www.horizonbank.com.
Representing Horizon today are Chairman and CEO, Craig Dwight; Executive Vice President and Chief Financial Officer, Mark Secor; Executive Vice President and Senior Operations Officer, Kathie DeRuiter; Executive Vice President and Chief Commercial Banking Officer, Lynn Kerber; and Executive Vice President, Senior Retail and Mortgage Lender Officer -- Lending Officer, excuse me, Noe Najera.
And at this time, I would like to turn the call over to Mr. Dwight. Please go ahead, sir.
Craig Dwight
Thank you, Chuck 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 27.
Horizon is pleased to report a continuation of record earnings for the first quarter 2022 and solid momentum going into the second quarter with strong commercial and consumer loan growth. The successful integration and stabilization of our branch acquisitions, the efficiency gains from the late summer consolidations of 10 offices, the recently announced plans to close an additional 7 offices and continuation of our excellent asset quality. We are very proud of our associates at Horizon and how they successfully shifted from an internal pandemic-related focus in 2020 to return to our growth and efficiency initiatives in 2021 and 2022.