Horizon Bancorp Ranked # 30 for Mid-Tier Community Banks in the Nation

June 2, 2015 10:26 AM

Horizon Bancorp has been ranked # 30 for Mid-Tier Community Banks in the Nation by American Banker Magazine.  Horizon Bancorp, ranked #30 on the list, earned this recognition as being one of the nation’s top community banks based upon its 3-year average Return on Equity (ROE) as of December 31, 2014. This ranking includes publicly traded banks and thrifts Mid-Tier Banks have total assets between $2 billion and $10 billion.

“Over the previous six years Horizon was ranked in the top 200 ‘Community Banks’ for financial performance.  The American Banker Magazine classifies community banks as those with assets of less than $2 billion.  This year Horizon moved into the Mid-Tier Banking group for the first time.  This is a new milestone that recognizes Horizon's growth.” said Craig M. Dwight, Chairman and Chief Executive Officer.

Learn more about Horizon Bancorp’s ranking and view the entire list online.

Horizon Bancorp is a locally owned, independent, commercial bank holding company serving Northern and Central Indiana and Southwest and Central Michigan through its commercial banking subsidiary Horizon Bank, NA.  Horizon also offers mortgage-banking services throughout the Midwest. Horizon Bancorp may be reached online at www.horizonbank.com.  Its common stock is traded on the NASDAQ Global Market under the symbol HBNC.

Statements in this press release which express “belief,” “intention,” “expectation,” and similar expressions, identify forward-looking statements.  Such forward-looking statements are based on the beliefs of the Company’s management, as well as assumptions made by, and information currently available to, such management.  Such statements are inherently uncertain and there can be no assurance that the underlying assumptions will prove to be accurate.  Actual results could differ materially from those contemplated by the forward-looking statements.  Any forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

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Contact:  Holly M. Schoof
Marketing Manager
Phone:  (219) 874-9243
Fax:  (219) 873-2651