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> Horizon record earnings
Southsider2k12
post Feb 5 2019, 03:50 PM
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http://www.insideindianabusiness.com/story...rnings-for-2018

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MICHIGAN CITY -

Michigan City-based Horizon Bancorp Inc. (Nasdaq: HBNC) is reporting record fourth quarter net income of $13.1 million, up from $7.6 million during the same period last year. The parent of Horizon Bank also says its year-end results mark the highest annual net income in the bank's 145-year history.

Chief Executive Officer Craig Dwight says the company will continue to realize cost savings with its acquisition of Salin Bank, expected to close in February. Salin Bank is the third largest privately held bank in Indiana, with 20 banking centers in 10 Indiana counties.

“We are excited about the pending merger with Salin, as it provides entry into the attractive growth markets of Fort Wayne and Columbus, Indiana while also complementing our current Indiana locations,” said Dwight. “Salin Bank’s presence in the dynamic markets of Indianapolis and Lafayette, Indiana will add to Horizon’s current footprint.”
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Southsider2k12
post Mar 27 2019, 01:48 PM
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Deal is now closed with Salin.

https://www.nwitimes.com/business/local/hor...5b228db46d.html
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Southsider2k12
post Feb 3 2021, 12:50 PM
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https://whatsnewlaporte.com/2021/02/01/119297/

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Michigan City-based Horizon Bancorp Inc. is reporting a record fourth-quarter net income of $21.9 million, compared to $18.5 million during the same period a year earlier.

Chief Executive Officer Craig Dwight says the bank’s results were driven by “continued strength in mortgage lending and other fee-generating businesses.”

The bank also reported full-year net income of $68.5 million, compared to $66.5 million in 2019.

“Entering the new year with strong liquidity, capital and reserves, we see clear opportunities to enhance the bank’s operating efficiency, deepen in–market retail and commercial customer relationships, and help to strengthen our resilient Indiana and Michigan communities in 2021,” said Dwight.
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