|Exchange:||NASDAQ national market|
|Stock:||Horizon Bancorp Industries|
|Industry:||Banks - Regional - US|
|Horizon Bancorp Industries is incorporated in Indiana. It is a bank holding company. It provides a range of banking services in Northwestern and Central Indiana and Southwestern Michigan through its bank subsidiary, Horizon Bank, N.A. (the “Bank”) and other affiliated entities. The Company operates as a single segment, which is commercial banking. The Bank is a full-service commercial bank offering commercial and retail banking services, corporate and individual trust and agency services and other services incident to banking. The Bank grants commercial, real estate, and consumer loans to customers located mainly in Northwest Indiana and Southwest Michigan and provide mortgage warehouse lines to mortgage companies in the United States. The Bank competes with other commercial banks as well as with savings and loan associations, consumer finance companies and credit unions. To a more moderate extent, the Bank competes with Chicago money center banks, mortgage banking companies, insurance companies, brokerage houses, and other institutions engaged in money market financial services and certain government agencies. As a bank holding company, the Company is subject to extensive regulation, supervision, and examination by the Board of Governors of the Federal Reserve System (the “Federal Reserve Board” or “FRB”) as its primary federal regulator. The Bank, as a nationally chartered bank, is subject to extensive regulation, supervision and examination by the Office of the Comptroller of the Currency as its primary federal regulator and, as to certain matters, by the FRB and the Federal Deposit Insurance Corporation (“FDIC”).|
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