Horizon Bancorp, Inc.

Horizon Bancorp, Inc. is the bank holding company for Horizon Bank, which provides commercial and retail banking services to individuals and corporate clients in Indiana and Michigan. The company offers a wide range of deposit products, including checking, savings, money market, certificates of deposit, and time deposit accounts, as well as non-interest and interest-bearing demand deposits. On the lending side, it provides commercial loans, residential real estate loans, mortgage warehouse loans, consumer loans, home equity loans and lines, auto loans, personal loans and lines, business loans and lines, SBA loans, public fund financing, medical practice financing, franchise financing, and equipment finance solutions. Additionally, it offers corporate and individual trust and agency services, investment management, real estate investment trust services, debit and credit cards, treasury management, remote deposit, merchant processing, online payment portal, lockbox, smart safe, ACH origination, online bill pay, wire transfer, and positive and reverse positive pay services. The company also sells various life insurance products and provides health savings accounts, wealth management, financial planning, investment management, insurance services, retirement services including IRAs and employee benefit plans, and estate planning and settlement services.

Horizon Bancorp, Inc. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol HBNC. Its securities are traded in U.S. dollars (USD), as the company is based in the United States. The exchange listing provides liquidity and visibility for investors, and the use of USD aligns with the company's domestic operations and reporting standards.

Horizon Bancorp operates in the Financial Services sector, specifically within the Banks - Regional industry. This means it is a regional bank holding company that focuses on providing traditional banking services to local communities, rather than being a large multinational or investment bank. As a regional bank, it primarily serves individuals and businesses in its geographic footprint, offering deposit accounts, loans, and other financial services tailored to the needs of its local markets.

Horizon Bancorp is headquartered in Michigan City, Indiana, United States. The company serves customers primarily in the states of Indiana and Michigan. Through its subsidiary Horizon Bank, it provides commercial and retail banking services to individuals and corporate clients in these regions. The bank's operations are focused on these two states, where it has established a presence to meet the financial needs of local communities.

Horizon Bancorp generates revenue primarily through its banking operations, which include net interest income from loans and deposits, as well as non-interest income from fees and services. The company earns interest income from a diversified loan portfolio comprising commercial loans, residential real estate loans, mortgage warehouse loans, consumer loans, home equity loans, auto loans, business loans, SBA loans, and equipment finance solutions. It also generates fee income from services such as treasury management, merchant processing, online payment portals, lockbox services, and ACH origination. Additionally, the company earns revenue from wealth management, financial planning, investment management, insurance services, retirement services (including IRAs and employee benefit plans), and estate planning. Other income sources include debit and credit card services, remote deposit, and the sale of life insurance products.