MICHIGAN CITY – Horizon Bancorp, the parent company of Horizon Bank of Michigan City, has announced a second quarter profit of $3.1 million, up from $2.5 million one year ago.

Craig Dwight, president and CEO, said the profit in the first six months of the year was the highest in the bank’s history. At the same time, he said Horizon has experienced a decline in residential lending.

At the close of business on June 30, Dwight said Horizon had assets of $1.4 billion. Horizon has offices in Chesterton, Crown Point, Hammond, LaPorte, Merrillville, Michigan City, Munster, Portage, Valparaiso and Whiting.