Horizon Bancorp is a community bank holding company based in Michigan City, Indiana, operating through its subsidiary Horizon Bank. Horizon serves individuals, families, and businesses across northern and central Indiana and southern and central Michigan through 71 full-service branch offices. Horizon's core business is commercial banking, with a focus on commercial real estate and C&I lending, supplemented by residential mortgage origination (primarily sold into the secondary market for gain-on-sale income), and a shrinking indirect auto loan book that Horizon is deliberately winding down. Horizon also generates fee income through wealth management and fiduciary services, mortgage banking, interchange and service charges, and a growing treasury management offering aimed at commercial clients. Like most community banks, Horizon earns the bulk of its revenue through net interest income — taking in deposits and deploying that capital into loans and investments at a higher yield. Horizon positions itself as a relationship bank, with local market presidents embedded in their communities rather than competing purely on price. A major theme in 2025 was a balance sheet repositioning in which Horizon sold lower-yielding legacy securities, repaid expensive FHLB advances, sold its indirect auto portfolio, and ran off high-cost non-relationship deposits — aiming to reset NIM to a sustainably higher level. Going forward, Horizon's growth strategy centers on organic commercial loan growth in its existing footprint, expanding its treasury management sales force to gather lower-cost operating deposits, selective branch expansion in markets like Indianapolis and Grand Rapids, and acquisitions of community banks in the $300M–$2B+ asset range within or adjacent to its Indiana/Michigan footprint.