Horizon Bancorp, Inc. (HBNC)

12.18 -0.08 (-0.65%) At close: 04:00PM EDT

Horizon Bancorp, Inc.

515 Franklin Street
Michigan City, IN 46360
United States
219 879 0211
https://www.horizonbank.com

Sector(s): Financial Services
Industry: Banks - Regional
Full Time Employees: 818

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Thomas M. Prame	CEO, President & Director	810.08k	N/A	1970
Mr. Mark E. Secor CPA	Executive VP, CFO, Chief Accounting Officer & Treasurer	450.25k	N/A	1966
Ms. Kathie A. DeRuiter	Executive VP & Senior Operations Officer	444.27k	N/A	1962
Mr. Todd A. Etzler	Executive VP, Chief Legal and Risk Officer & Corporate Secretary	351.66k	N/A	1967
Ms. Lynn M. Kerber	Executive VP & Chief Commercial Banking Officer	463.99k	N/A	1969
Amy Phares	Public Relations Manager	N/A	N/A	N/A
Mr. Dennis J. Kuhn	Regional President for Southwest Michigan	418.1k	102.89k	1960

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Horizon Bancorp, Inc. operates as the bank holding company for Horizon Bank that engages in the provision of commercial and retail banking services. The company offers checking, saving, money market, certificate of deposits, individual retirement accounts, and time deposits, as well as non-interest- and interest-bearing demand deposits. It also provides commercial, residential real estate, mortgage, home equity, auto, personal, business, agricultural, and SBA loans, as well as credit cards. In addition, the company offers corporate and individual trust and agency, investment management, and real estate investment trust services; debit cards; treasury management; online and mobile banking; wealth, retirement, and estate and trust services; and sells various insurance products. It operates through full-service offices in northern and central Indiana and southern and central Michigan. Horizon Bancorp, Inc. was founded in 1873 and is headquartered in Michigan City, Indiana.

Corporate Governance

Horizon Bancorp, Inc.’s ISS Governance QualityScore as of April 1, 2024 is 6. The pillar scores are Audit: 10; Board: 5; Shareholder Rights: 7; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.