1 unchanged sentence
Evaluation of Disclosure Controls and Procedures
−Removed: Based on an evaluation of disclosure controls and procedures as of September 30, 2020, Horizon’s Chief Executive Officer and Chief Financial Officer have evaluated the effectiveness of Horizon’s disclosure controls (as defined in Exchange Act Rule 13a–15(e) of the Securities Exchange Act of 1934 (the “Exchange Act”)).
+Added: Based on an evaluation of disclosure controls and procedures as of March 31, 2021, Horizon’s Chief Executive Officer and Chief Financial Officer have evaluated the effectiveness of Horizon’s disclosure controls (as defined in Exchange Act Rule 13a–15(e) of the Securities Exchange Act of 1934 (the “Exchange Act”)).
Based on such evaluation, such officers have concluded that, as of the evaluation date, Horizon’s disclosure controls and procedures are effective to ensure that the information required to be disclosed by Horizon in the reports it files under the Exchange Act is recorded, processed, summarized and reported within the time specified in Securities and Exchange Commission rules and forms and are designed to ensure that information required to be disclosed in those reports is accumulated and communicated to management as appropriate to allow timely decisions regarding disclosure.
Changes in Internal Control Over Financial Reporting
−Removed: Beginning January 1, 2020, Horizon adopted ASU No.
−Removed: 2016–13, Financial Instruments – Credit Losses (Topic 326):
−Removed: Measurement of Credit Losses on Financial Instruments .
−Removed: Horizon implemented changes to the policies, process, and controls
−Removed: HORIZON BANCORP, INC.
−Removed: AND SUBSIDIARIES
−Removed: over the estimation of the allowance for credit losses to support the adoption of ASU 2016–13.
−Removed: Many controls under this new standard mirror controls under the prior GAAP methodology.
−Removed: New controls were established over the review of economic forecasting projections obtained from independent third parties.
−Removed: Except as related to the adoption of ASU 2016–13, there were no changes in our internal control over financial reporting (as defined in Rules 13a–15(f) and 15d–15(f) under the Exchange Act) that occurred during the quarter ended September 30, 2020, that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
+Added: Horizon’s management, including its Chief Executive Officer and Chief Financial Officer, also have concluded that during the fiscal quarter ended March 31, 2021, there have been no changes in Horizon’s internal control over financial reporting that have materially affected, or are reasonably likely to materially affect, Horizon’s internal control over financial reporting.
HORIZON BANCORP, INC.
4 unchanged sentences
Management does not expect that the outcome of any such proceedings will have a material adverse effect on our consolidated financial position or results of operations.
+Added: There have been no material changes from the factors previously disclosed under Item 1A of Horizon’s Annual Report on Form 10–K for the fiscal year ended December 31, 2020.
+Added: UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
+Added: (a) Unregistered Sales of Equity Securities:
+Added: Not Applicable
+Added: (b) Use of Proceeds:
+Added: Not Applicable
+Added: (c) Repurchase of Our Equity Securities:
+Added: Not Applicable
+Added: DEFAULTS UPON SENIOR SECURITIES
+Added: Not Applicable
+Added: MINE SAFETY DISCLOSURES
+Added: Not Applicable
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.