New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 10, 2014
11:17 EDTHBNCHorizon Bancorp to purchase assets of 1st Mortgage of Indiana
Horizon Bancorp, the parent company of Horizon Bank NA, announced the signing of an asset purchase agreement to purchase all of the assets and assume certain liabilities of 1st Mortgage of Indiana, a mortgage lender specializing in conventional, Jumbo, FHA and VA Mortgage loans. Under the terms of the agreement, Horizon will purchase the assets of 1st Mortgage of Indiana in a 100% cash transaction. This transaction is expected to close within the next 30 days. Horizon Bancorp has total assets of $1.7B as of December 31, 2013.
News For HBNC From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 22, 2014
17:05 EDTHBNCHorizon Bancorp reports Q3 ex-items EPS 52c, consensus 54c
The company reported Q3 tangible book value per share of $15.75. Q3 Tier 1 capital to average assets ratio was 8.63%, and Tier 1 capital to risk weighted assets was 12.13%. The provision for loan losses was $1.7M for Q3.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use