Horizon Bank

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Craig M. Dwight's photo - Chairman & CEO of Horizon Bank

Chairman & CEO

Craig M. Dwight

CEO Approval Rating

85/100

Founded:

1873

Status:

PublicSubsidiary of City Holding Co.NASDAQHBNC

HORIZON BANK TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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Salisbury Bank is Horizon Bank's #1 competitor. Salisbury Bank's headquarters is in Lakeville, Connecticut, and was founded in 1848. Salisbury Bank competes in the Banks industry. Salisbury Bank generates 21% of Horizon Bank's revenue.

University Bank is one of Horizon Bank's top rivals. University Bank was founded in Ann Arbor, Michigan} in 1890. University Bank is in the Banks field. Compared to Horizon Bank, University Bank generates $165M less revenue.

Beach Community Bank is one of Horizon Bank's top competitors. Beach Community Bank is a Private company that was founded in 2001 in Fort Walton Beach, Florida. Beach Community Bank operates in the Banks industry. Compared to Horizon Bank, Beach Community Bank has 681 fewer employees.

Horizon Bank Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$234M

Horizon Bank's revenue is the ranked 1st among it's top 10 competitors. The top 10 competitors average 86.8M. Over the last four quarters, Horizon Bank's revenue has grown by 5.5%. Specifically, in Q1 2021's revenue was $56.4M; in Q3 2020, it was $60.1M; in Q1 2020, it was $53M; in Q4 2019, Horizon Bank's revenue was $53.5M.

Horizon Bank Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Salin Bank & Trust Company

Mar 2019

Source »
$135M
Salin Bank is a community bank that offers personal, business and attorney banking services for individuals and businesses.
Wolverine Bancorp, Inc.

Jun 2017

Source »
undisclosed
Wolverine Bank provides various banking and financial services.
Lafayette Community Bank

May 2017

Source »
$32M
Lafayette Community Bank provides banking and loan solutions for the financial needs of individuals and businesses.
LaPorte Bancorp, Inc.

Mar 2016

Source »
$94.1M
LaPorte Bancorp operates as the holding company for The LaPorte Savings Bank, which provides various banking services.
Farmers State Bank

Feb 2016

Source »
undisclosed
FSB provides personal and business banking products and services to individuals and businesses.

Horizon Bank Funding History

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Equity
Mar 2019
$102.7M
-

Horizon Bank Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

GNDC is a non-profit organization that develops and provides houses for low-income families from East Austin.
$36K
Jul 09, 2020
Grant
-
$350K
May 04, 2020
Debt - PPP (CARES Act)
-

Horizon Bank News

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Horizon Bank Headquarters

515 Franklin Square

Michigan City, Indiana46360

888-873-2640

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Horizon Bank Summary

ABOUT

Overview

Horizon Bank offers banking products and services that include personal accounts, internet banking, credit cards, loans and insurance. Horizon Bank was founded in 1873. Horizon Bank's headquarters is located in Michigan City, Indiana, USA 46360. It ha...

CEO

Horizon Bank's Chairman & CEO, Craig M. Dwight, currently has an approval rating of 85%. Horizon Bank's primary competitors are Salisbury Bank, University Bank & Beach Community Bank.

Frequently Asked Questions about Horizon Bank

  1. When was Horizon Bank founded?

    Horizon Bank was founded in 1873
  2. Who is Horizon Bank's CEO?

    Horizon Bank's CEO is Craig M. Dwight
  3. How much revenue does Horizon Bank generate?

    Horizon Bank generates $234M in revenue
  4. How much funding does Horizon Bank have?

    Horizon Bank has historically raised $102.7M in funding
  1. Where is Horizon Bank's headquarters?

    Horizon Bank's headquarters is in Michigan City Indiana, USA
  2. How many employees does Horizon Bank have?

    Horizon Bank has 716 employees
  3. Who are Horizon Bank's competitors?

    Horizon Bank's top competitors are Salisbury Bank, University Bank, Beach Community Bank
  4. Who has Horizon Bank invested in?

    Horizon Bank's has invested in companies such as Guadalupe Neighborhood Development Corporation, R & R Technologies