HORIZON BANCORP (IN)
Sector: Regional-Northeast Banks
Latest Quote @ Fri May 5 14:42:16 (15 min delayed)
Last Day's Data
Horizon Bancorp operates as the holding company for Horizon Bank, N.A. that provides commercial and retail banking services in northwestern Indiana and southwestern Michigan. The bank offers various deposit products, including demand, time, savings, and money market deposits. Its loan portfolio comprises commercial, financial, agricultural, and commercial tax-exempt loans; mortgage warehouse loans; real estate mortgage loans; and installment loans. The bank also offers corporate and individual trust and agency services, and investment management services. It primarily invests in the U.S. Treasury and the U.S. Government agency securities, obligations of states and political subdivisions, mortgage-backed securities, and collateralized mortgage obligations. As of December 31, 2004, the bank operated 9 branches in LaPorte County and Porter County, Indiana; and Berrien County, Michigan. The bank also operates loan production offices in Elkhart, Lake, and St. Joseph Counties of Indiana. The company was formed in 1873 and is headquartered in Michigan City, Indiana.