Horizon Bank: Peer Group Comparison
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Data as of · peers are US banks in the same asset tier. How we update
This page benchmarks Horizon Bank of Michigan City, IN against its peer group of 896 similarly-sized US banks as of Q3 2026. The peer group is every US bank in the same asset tier (banks with $1B to $10B in assets). The credit quality page compares against a shorter list, the 10 nearest banks by size in the same tier, so its peer medians can differ from the ones here. For each metric the bank's value is shown next to the peer-group median and the bank's percentile within the group, the same peer-benchmarking regulators use to judge whether a bank is an outlier. Best quarter means the bank is among the strongest 25% of its peers on that measure.
How to read the peer columns: Peer median is the middle bank of the peer group. The percentile is the share of the other banks in the group with a lower value, so a high percentile is good for return on assets and bad for the efficiency ratio. The tag says which it is: better half or worse half, with the best and worst quarters marked. Measures with no better direction, such as loans to deposits and growth, carry no tag.
Profitability
| Metric | This bank | Peer median | Diff | Percentile and standing |
|---|---|---|---|---|
| ROAA | 1.92% | 1.32% | +0.60% | 84th best quarter |
| ROAE | 16.02% | 12.84% | +3.18% | 73rd better half |
| Net Interest Margin | 4.56% | 3.80% | +0.76% | 87th best quarter |
| Efficiency Ratio | 49.36% | 57.50% | -8.14% | 25th best quarter |
| PPNR / Avg Assets | 2.39% | 1.78% | +0.61% | 83rd best quarter |
| Yield on Earning Assets | 6.08% | 5.62% | +0.46% | 74th |
| Cost of Funds | 1.64% | 2.05% | -0.41% | 26th better half |
| Net Interest Spread | 4.05% | 3.16% | +0.89% | 91st best quarter |
Asset Quality
| Metric | This bank | Peer median | Diff | Percentile and standing |
|---|---|---|---|---|
| NPL / Total Loans | 0.72% | 0.54% | +0.18% | 61st worse half |
| NPA / Total Assets | 0.60% | 0.43% | +0.17% | 62nd worse half |
| NCO / Avg Loans | 0.10% | 0.03% | +0.07% | 67th worse half |
| ACL / Total Loans | 1.04% | 1.14% | -0.10% | 36th |
| ACL / NPLs (Coverage) | 145.60% | 206.61% | -61.01% | 38th worse half |
| Texas Ratio | 5.50% | 3.89% | +1.61% | 63rd worse half |
| Provision / NCO | 108.72% | 145.20% | -36.48% | 41st |
| CRE / Total Capital | 232.81% | 224.99% | +7.82% | 53rd worse half |
Capital Adequacy
| Metric | This bank | Peer median | Diff | Percentile and standing |
|---|---|---|---|---|
| CET1 Ratio | 12.96% | 13.63% | -0.67% | 38th worse half |
| Tier 1 Ratio | 12.96% | 13.64% | -0.68% | 38th worse half |
| Total Capital Ratio | 13.97% | 14.75% | -0.78% | 36th worse half |
| Leverage Ratio | 10.64% | 10.57% | +0.07% | 51st better half |
| Equity / Assets | 11.77% | 10.20% | +1.57% | 75th better half |
| TCE / Tangible Assets | 9.56% | 9.58% | -0.02% | 49th worse half |
Liquidity & Funding
| Metric | This bank | Peer median | Diff | Percentile and standing |
|---|---|---|---|---|
| Loan / Deposit | 90.06% | 88.09% | +1.97% | 55th |
| Core Deposit Ratio | 87.40% | 89.11% | -1.71% | 40th worse half |
| Uninsured Deposit Ratio | 25.98% | 31.09% | -5.11% | 31st better half |
| Borrowings / Total Assets | 2.66% | 4.05% | -1.39% | 38th better half |
Growth & Management
| Metric | This bank | Peer median | Diff | Percentile and standing |
|---|---|---|---|---|
| Asset Growth (Y/Y) | -1.90% | 4.80% | -6.70% | 9th |
| Loan Growth (Y/Y) | 3.81% | 6.01% | -2.20% | 36th |
| Deposit Growth (Y/Y) | -1.66% | 4.64% | -6.30% | 11th |
See Horizon Bank's peers by name
The 896 banks in this peer group, by name · build custom peer groups · percentile history · watchlist alerts
Unlock this bank, freeSource: FFIEC call reports + UBPR, standardized by BankRegReports. Peer averages and percentiles are computed against US banks in the same asset tier, point-in-time as filed. See the full Horizon Bank profile, how to read a UBPR, or how this data updates. For every peer by name over many quarters, with each ratio broken into its filed parts, open the Horizon Bank peer analysis.