Horizon Bancorp (NASDAQ:HBNC) Files An 8-K Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure.
financial and other information to the Companys shareholders at
the Annual Meeting of Shareholders to be held on May 4, 2017. The
slides for the presentation are attached as Exhibit 99.1 to this
Current Report and are incorporated by reference into this Item
7.01.
not be deemed to be filed for the purposes of Section 18 of the
Securities Exchange Act of 1934 or otherwise subject to the
liabilities of that section. The filing of this Current Report
shall not been deemed an admission as to the materiality of any
information in the Current Report that is required to be
disclosed solely by reason of Regulation FD.
Report and the presentation materials may contain forward-looking
statements regarding the financial performance, business
prospects, growth and operating strategies of Horizon and its
affiliates. For these statements, Horizon claims the protections
of the safe harbor for forward-looking statements contained in
the Private Securities Litigation Reform Act of 1995. Statements
in the presentation materials should be considered in conjunction
with the other information available about Horizon, including the
information in the filings we make with the Securities and
Exchange Commission. Forward-looking statements provide current
expectations or forecasts of future events and are not guarantees
of future performance. The forward-looking statements are based
on managements expectations and are subject to a number of risks
and uncertainties. We have tried, wherever possible, to identify
such statements by using words such as anticipate, estimate,
project, intend, plan, believe, will and similar expressions in
connection with any discussion of future operating or financial
performance.
such forward-looking statements are reasonable, actual results
may differ materially from those expressed or implied in such
statements. Risks and uncertainties that could cause actual
results to differ materially include risk factors relating to the
banking industry and the other factors detailed from time to time
in Horizons reports filed with the Securities and Exchange
Commission, including those described in Horizons Annual Report
on Form 10-K. Undue reliance should not be placed on the
forward-looking statements, which speak only as of the date
hereof. Horizon does not undertake, and specifically disclaims
any obligation, to publicly release the result of any revisions
that may be made to update any forward-looking statement to
reflect the events or circumstances after the date on which the
forward-looking statement is made, or reflect the occurrence of
unanticipated events, except to the extent required by law.
in the presentation materials attached as Exhibit 99.1 refers to
a financial measure determined by methods other than in
accordance with GAAP. Specifically, we have included non-GAAP
financial measures of core net income and core diluted earnings
per share excluding the impact of one-time merger expenses and
acquisition-related purchase accounting adjustments, gain on sale
of securities, and death benefit on bank owned life insurance.
Horizon believes that these non-GAAP financial measures are
helpful to investors and provide a greater understanding of our
business. The measures are not necessarily comparable to similar
measures that may be presented by other companies, and they
should not be considered in isolation or as a substitute for the
related GAAP measure. A reconciliation of the non-GAAP measures
to their GAAP counterparts is included in Exhibit 99.1.
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Exhibit No.
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Description
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99.1
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Slide Presentation for Annual Meeting of Shareholders on
May 4, 2017 |
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. Horizon Bancorp (NASDAQ:HBNC) Recent Trading Information
Horizon Bancorp (NASDAQ:HBNC) closed its last trading session up +0.29 at 27.25 with 30,486 shares trading hands.
