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Regulatory Capital (Tables)
12 Months Ended
Dec. 31, 2021
Regulatory Capital Requirements under Banking Regulations [Abstract]  
Summary of Regulatory Capital Requirement
Horizon and the Bank’s actual and required capital ratios as of December 31, 2021 and 2020 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, 2021
Total capital (to risk–weighted assets)(1)
Consolidated$708,198 15.71 %$360,737 8.00 %$473,468 10.50 %N/AN/A
Bank664,061 14.72 %361,015 8.00 %473,832 10.50 %$451,269 10.00 %
Tier 1 capital (to risk–weighted assets)(1)
Consolidated661,729 14.68 %270,553 6.00 %383,284 8.50 %N/AN/A
Bank617,592 13.69 %270,761 6.00 %383,578 8.50 %361,015 8.00 %
Common equity tier 1 capital (to risk–weighted assets)(1)
Consolidated541,920 12.02 %202,915 4.50 %315,645 7.00 %N/AN/A
Bank617,592 13.69 %203,071 4.50 %315,888 7.00 %293,325 6.50 %
Tier 1 capital (to average assets)(1)
Consolidated661,729 9.05 %292,335 4.00 %292,335 4.00 %N/AN/A
Bank617,592 8.50 %290,646 4.00 %290,646 4.00 %363,307 5.00 %
December 31, 2020
Total capital (to risk–weighted assets)(1)
Consolidated$548,364 13.95 %$314,395 8.00 %$412,644 10.500 %N/AN/A
Bank497,227 12.65 %314,452 8.00 %412,718 10.500 %$393,065 10.00 %
Tier 1 capital (to risk–weighted assets)(1)
Consolidated530,643 13.50 %235,796 6.00 %334,044 8.500 %N/AN/A
Bank479,506 12.20 %235,823 6.00 %334,082 8.500 %314,430 8.00 %
Common equity tier 1 capital (to risk–weighted assets)(1)
Consolidated473,150 12.04 %176,846 4.50 %275,094 7.500 %N/AN/A
Bank479,506 12.20 %176,867 4.50 %275,126 7.500 %255,475 6.50 %
Tier 1 capital (to average assets)(1)
Consolidated530,643 10.50 %202,111 4.00 %202,111 4.000 %N/AN/A
Bank479,506 9.49 %202,110 4.00 %202,110 4.000 %252,638 5.00 %
(1)As defined by regulatory agencies