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PROXY CORNER: Horizon Bancorp

December 9, 2017

Horizon Bancorp, 515 Franklin Square, Michigan City, Indiana 46360, has $3.5 billion in assets and operates 68 offices in Michigan, Ohio and Indiana, including locations in Bargersville, Carmel, Franklin, Greenwood and Indianapolis. It entered the central Indiana market in 2012 by buying Heartland Community Bank of Franklin for $14 million. In the first nine months of 2016, Horizon earned $25.5 million, or $1.13 per share. In the same period a year earlier, it earned $18.3 million, or 94 cents per share. Horizon stock trades on NASDAQ under the ticker HBNC. Information for Proxy Corner was taken from the company’s proxy statement dated March 13, 2017, and from Yahoo Finance. View entire Not-for-Profit of Note

 

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