Horizon Bancorp (IN)
Horizon Bancorp (IN) is listed on NASDAQ (HBNC). Horizon Bancorp (Horizon) is a registered bank holding company incorporated in Indiana and headquartered in Michigan City, Indiana. Horizon provides a broad range of banking services in Northwestern Indiana and Southwestern Michigan through its bank subsidiary, Horizon Bank, N.A.. Horizon’s Common Stock is traded on the Nasdaq SmallCap Market under the symbol HBNC. The Bank was chartered as a national bank association in 1873 and has operated continuously since that time. The Bank is a full-service commercial bank offering commercial and retail banking services, corporate and individual trust and agency services and other services incident to banking. The Bank opened a second office in St. Joseph, Berrien County, Michigan in 2004. The Bank also has four offices in La Porte County, Indiana, three offices in Porter County, Indiana, one office in Lake County, Indiana, one office in Elkhart County, Indiana and one office in St. Joseph County, Indiana.
Horizon Financial Corp.
Horizon Financial Corp. is listed on NASDAQ (HRZB). Horizon Financial Corp. was formed under Washington law on May 22, 1995, and became the holding company for Horizon Bank (Horizon Bank or the Bank), effective October 13, 1995. Effective June 19, 1999 the Corporation completed the acquisition of Bellingham Bancorporation, the $64.3 million, bank holding company for the Bank of Bellingham, which was merged with and into Horizon Bank. At March 31, 2005, the Corporation had total assets of $997.6 million, total deposits of $746.8 million and total equity of $107.0 million. The Corporations business activities generally are limited to passive investment activities and oversight of its investment in the Bank. Accordingly, the information set forth in this report, including consolidated financial statements and related data, relates primarily to the Bank and its subsidiary.
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