Horizon Bancorp, Inc. rang the NASDAQ Opening Bell in Times Square, New York yesterday.
Craig Dwight, Horizon’s Chairman and Chief Executive Officer, along with current and past executive leadership participated in the opening bell ringing ceremony. The ceremony celebrated 146 years in business and reaching over $5 billion in total bank assets by the end of the second quarter of this year – a new milestone for the company. In addition, Horizon’s trust department exceeded $2.5 billion in assets under management. The $5 billion milestone for the company represents a double digit compounded annual growth rate of 12.63% from assets of $531 million at year-end 2000. During this time frame the bank has completed 14 bank acquisitions and expanded into 11 new markets by hiring local, seasoned bankers to join the company.