Horizon Bancorp (NASDAQ:HBNC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 – Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
On November 15, 2017, Maurice F. Winkler, III, who has been a member of the Board of Directors of Horizon Bancorp (“Horizon”) and a member of the Board of Directors of Horizon Bank, its wholly-owned subsidiary, since July 2015, advised Horizon that he will not be standing for reelection as a director. Mr. Winkler expressed that he was “proud of our collective achievements and the significant progress Horizon has made toward growing the Bank and enhancing shareholder value,” andhe indicated that his resignation as a director would be effective when his current term expires at the 2018 Annual Meeting of Shareholders.
About Horizon Bancorp (NASDAQ:HBNC)
Horizon Bancorp is a bank holding company. The Company 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 and Horizon Risk Management, Inc. 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. Horizon Risk Management, Inc. is a captive insurance company. The Bank’s loan portfolio consists of commercial loans, real estate loans, mortgage warehouse loans and consumer loans. The Bank’s investment securities include both securities available for sale and held to maturity. Its deposits include noninterest-bearing demand deposits, interest-bearing demand deposits, savings deposits, money market deposits and time deposits. The Bank maintains approximately 54 full service offices.
