BankRankedHorizon Bank
ROA: Below AverageMichigan City, IN | Charter: NM | Holding Company: HORIZON BCORP INC
Established: 1873-04-21
Total Assets
$6.41B
Total Deposits
$5.35B
Net Income
$-141243000
Branches
79
FDIC data last updated: April 2, 2026
Overview
Horizon Bank is a community bank, headquartered in Michigan City, IN. With $6.41B in total assets, Horizon Bank holds a notable position in the U.S. banking landscape (Source: FDIC BankFind). The institution operates under a NM charter. It is part of the HORIZON BCORP INC holding company.
Horizon Bank holds approximately $5.35B in total deposits (Source: FDIC BankFind). The bank operates 79 branches, indicating a more focused geographic footprint. Established 1873-04-21, the institution has a track record in the banking industry.
This profile uses publicly available government data to present a factual overview. It does not constitute an endorsement or recommendation of this institution. Consumers may wish to consider factors such as account fees, digital banking features, and customer service when evaluating any bank.
Financial Health Analysis
Return on Assets (ROA)
-1.96%
National avg: 1.21%
Return on Equity (ROE)
-17.86%
National avg: 11.47%
FDIC Insured
Yes
Up to $250,000 per depositor
Horizon Bank reports a Return on Assets (ROA) of -1.96%, which is significantly below the national average of 1.21%, which may indicate weaker profitability (Source: FDIC BankFind). In practical terms, an ROA of -1.96% means that for every $100 in assets, the bank generates approximately $-1.96 in profit.
The bank's Return on Equity (ROE) is -17.86%, which is significantly below the national average of 11.47%, which may suggest challenges in generating shareholder returns (Source: FDIC BankFind). ROE measures how effectively a bank uses shareholder equity to generate profit.
Horizon Bank reported negative net income of $-141243000 in the most recent reporting period (Source: FDIC BankFind). Net income reflects overall profitability after all expenses, taxes, and provisions.
Past financial performance does not guarantee future stability or profitability. These metrics reflect a single reporting period and may vary from quarter to quarter. Consult a licensed financial professional before making banking decisions based on financial data.
Horizon Bank vs. national average
National averages calculated from all active FDIC-insured banks.
Customer Experience
CFPB complaint data is not available for Horizon Bank. This is common for smaller community banks and does not indicate a problem. The CFPB Consumer Complaint Database primarily tracks complaints for larger financial institutions that serve a high volume of consumers.
Branch and Access
Horizon Bank operates 79 branches, primarily serving regional markets (Source: FDIC BankFind). This branch count is typical for mid-size institutions that balance physical locations with digital banking services.
The bank is headquartered in Michigan City, IN. Consumers considering this institution may want to verify branch locations near their home or workplace, as headquarter location does not always indicate where branches are concentrated.
Branch access is one factor in choosing a bank. Consumers who primarily use mobile and online banking may prioritize digital features and rates over physical branch proximity.
View banks in INHow Horizon Bank compares to similar-sized banks
| Bank | Assets |
|---|---|
| Horizon Bank | $6.41B |
| BMW Bank of North America | $12.81B |
| PlainsCapital Bank | $12.75B |
| First Bank | $12.66B |
| Dollar Bank, Federal Savings Bank | $12.51B |
Data Sources
FDIC BankFind: Financial data including total assets, deposits, net income, ROA, and ROE for all FDIC-insured institutions. https://banks.data.fdic.gov/
CFPB Consumer Complaint Database: Consumer complaint data by institution, including complaint volumes, response rates, and top issue categories. https://www.consumerfinance.gov/data-research/consumer-complaints/
Federal Reserve Economic Data (FRED): Interest rate benchmarks including the Federal Funds Rate, Treasury yields, and national savings rate averages. https://fred.stlouisfed.org/
BankRanked is not a bank, credit union, or financial advisor. This content is for educational purposes only and does not constitute financial advice. All data is sourced from publicly available government databases (FDIC, NCUA, CFPB, FRED). Consult a licensed financial professional before making banking decisions.