Horizon Bank post 2nd quarter profit

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MICHIGAN CITY – Horizon Bank has announced a second quarter profit of $4.9 million, the highest in the bank’s history. One year ago, Horizon posted a profit of $3.1 million.

President and CEO Craig Dwight attributed the record profit to reduction in provisions for loan losses, more revenue from mortgages and a renewed focus on expense management.

Horizon Bank has $1.56 billion in assets.

 

 

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