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Stock Market & Financial Investment News

News Breaks
July 23, 2014
17:04 EDTHBNCHorizon Bancorp reports Q2 ex-items EPS 56c, consensus 50c
Assets passed the $2.0B threshold reaching $2.1B as of June 30. Total loans increased $222.7M during the quarter to $1.3B as of June 30. Items excluded from EPS include costs of $900K related to the acquisition of SCB Bancorp. Net charge-offs for the quarter totaled $780K. Book value per share for the quarter was $19.00, tangible book value per share was $15.47. The provision for loan losses was $339K for Q2.
News For HBNC From The Last 14 Days
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May 26, 2015
17:17 EDTHBNCHorizon Bancorp and Peoples Bancorp receive merger approval
Horizon Bancorp and Peoples Bancorp announced that the Office of the Comptroller of Currency and the Federal Reserve Board have approved the proposed merger of Peoples with and into Horizon and the related merger of Peoplesí wholly-owned subsidiary, Peoples Federal Savings Bank of DeKalb County, with and into Horizonís wholly-owned bank subsidiary, Horizon Bank. The merger remains subject to approval by Peoplesí and Horizonís shareholders as well as the satisfaction of various other closing conditions. Additionally, Horizon today announced that it now plans to hold its 2015 Annual Meeting of Shareholders on June 30. Peoples also announced that it will hold its special meeting of shareholders to approve the merger on Tuesday, June 30.

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