Horizon Bank is a state-chartered bank headquartered in Michigan City, Indiana, in business for about 153 years. At the end of Q2 2026 it reported $6.5B in total assets and $5.5B in deposits, with 80 offices across 2 states.
Horizon Bank has a TellerScore of 72 out of 100 (strong) based on Q2 2026 data — higher than 66% of its 897 banks with $1 billion – $10 billion. Among 88 banks headquartered in Indiana, it ranks 24th. Problem-loan coverage contributes the most (91/100, 4.6%); capital cushion contributes the least (55/100, 10.52%).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
From Q2 2025 to Q2 2026, the score rose 9 points (63 → 72), mostly because the earnings component improved by 20 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 60 |
| Q3 2024 | 60 |
| Q4 2024 | 56 |
| Q1 2025 | 63 |
| Q2 2025 | 63 |
| Q3 2025 | 47 |
| Q4 2025 | 49 |
| Q1 2026 | 69 |
| Q2 2026 | 72 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 8.84% |
| Q3 2024 | 8.84% |
| Q4 2024 | 8.64% |
| Q1 2025 | 8.98% |
| Q2 2025 | 9.36% |
| Q3 2025 | 8.55% |
| Q4 2025 | 9.94% |
| Q1 2026 | 10.21% |
| Q2 2026 | 10.52% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.40% |
| Q3 2024 | 0.51% |
| Q4 2024 | 0.55% |
| Q1 2025 | 0.62% |
| Q2 2025 | 0.53% |
| Q3 2025 | 0.64% |
| Q4 2025 | 0.72% |
| Q1 2026 | 0.76% |
| Q2 2026 | 0.70% |
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| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.83% |
| Q3 2024 | 0.91% |
| Q4 2024 | 0.59% |
| Q1 2025 | 1.35% |
| Q2 2025 | 1.26% |
| Q3 2025 | -3.07% |
| Q4 2025 | -1.96% |
| Q1 2026 | 1.79% |
| Q2 2026 | 1.75% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 72 | $6.5B | 10.52% | 0.70% | 1.75% | 89.7% |
| Q1 2026 | 69 | $6.5B | 10.21% | 0.76% | 1.79% | 88.0% |
| Q4 2025 | 49 | $6.4B | 9.94% | 0.72% | -1.96% | 90.3% |
| Q3 2025 | 47 | $6.7B | 8.55% | 0.64% | -3.07% | 84.4% |
| Q2 2025 | 63 | $7.6B | 9.36% | 0.53% | 1.26% | 85.4% |
| Q1 2025 | 63 | $7.6B | 8.98% | 0.62% | 1.35% | 83.1% |
| Q4 2024 | 56 | $7.8B | 8.64% | 0.55% | 0.59% | 85.7% |
| Q3 2024 | 60 | $7.9B | 8.84% | 0.51% | 0.91% | 81.9% |
| Q2 2024 | 60 | $7.9B | 8.84% | 0.40% | 0.83% | 83.7% |
897 peers · $1 billion – $10 billion
How it compares with peers
Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size banks in Indiana
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| United Fidelity Bank, fsbBank Evansville, IN | 64 out of 100, Moderate | $6.5B | 10.2% | 0.49% | vs |
| First Financial Bank, National AssociationBank Terre Haute, IN | 68 out of 100, Moderate | $6.2B | 10.4% | 0.61% | vs |
| Lake City BankBank Warsaw, IN | 73 out of 100, Strong | $7.2B | 11.9% | 0.36% | vs |
| First Internet Bank of IndianaBank Fishers, IN | 42 out of 100, Below average | $5.5B | 7.6% | 1.56% | vs |
| German American BankBank Jasper, IN | 75 out of 100, Strong | $8.4B | 11.2% | 0.45% | vs |
| 1st Source BankBank South Bend, IN | 75 out of 100, Strong | $9.3B | 13.7% | 0.99% | vs |
Deposit insurance
Is my money safe at Horizon Bank?
Yes. Horizon Bank is an FDIC-insured institution (FDIC certificate #4360). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 26.2% of deposits ($1.4B) are above the $250,000 FDIC insurance limit, below the peer median of 31%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 10.52%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 13.60% (benchmark: 10%).
80 locations
Branches
Horizon Bank lists 74 offices in 62 cities across 2 states. Most locations:
- Lafayette, IN (3)
- Michigan City, IN (3)
- Cadillac, MI (2)
- Fort Wayne, IN (2)
- Greenwood, IN (2)
- Indianapolis, IN (2)
- Laporte, IN (2)
- Midland, MI (2)
- Saint Joseph, MI (2)
- Valparaiso, IN (2)
- Attica, IN (1)
- Auburn, IN (1)
HMDA 2025
Mortgage lending
In 2025, Horizon Bank reported 4,020 home-loan applications under HMDA (LEI P7GC0W65KB5CEIHLDX81): 2,798 originated ($626,690,000 total), 859 denied, and 234 withdrawn or closed by the applicant. Its denial rate on decided applications was 22.7%, compared with 22.2% for all lenders nationwide.
Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.
Identity & history
Profile
- Legal name
- Horizon Bank
- Former names
- The First-Merchants National Bank of Michigan City; First Citizens Bank, National Association; Horizon Bank, National Association; The First National Bank of Michigan City
- Type
- State-chartered bank
- FDIC certificate #
- 4360
- RSSD ID
- 130541
- Primary regulator
- FDIC
- Holding company
- Horizon Bcorp Inc
- Established
- April 21, 1873
- Headquarters
- 515 Franklin St, Michigan City, IN 46360
- Website
- www.horizonbank.com
- Employees
- 869
Quick answers
Horizon Bank: common questions
Is Horizon Bank FDIC insured?
Yes. Horizon Bank is an FDIC-insured institution (FDIC certificate #4360). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Horizon Bank's TellerScore?
72 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has Horizon Bank ever failed?
There is no failure record for FDIC certificate #4360 in the FDIC failed bank list.
How many branches does Horizon Bank have?
80 offices as of the latest FDIC data, in 2 states.
Nearby
Highest-scoring banks and credit unions with branches near Michigan City
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| First State Bank of PorterBank Porter, IN | 90 out of 100, Very strong | $162.3M | 16.8% | 0.00% | vs |
| Generations Federal Credit UnionCredit union LA Porte, IN | 88 out of 100, Very strong | $12.2M | 14.4% | 0.59% | vs |
| Gesb Sheet Metal Workers Federal Credit UnionCredit union Portage, IN | 77 out of 100, Strong | $11.8M | 11.1% | 0.00% | vs |
| U S #1364 Federal Credit UnionCredit union Merrillville, IN | 76 out of 100, Strong | $222.4M | 13.6% | 1.12% | vs |
| 1st Source BankBank South Bend, IN | 75 out of 100, Strong | $9.3B | 13.7% | 0.99% | vs |
| United Federal Credit UnionCredit union St Joseph, MI | 75 out of 100, Strong | $4.4B | 11.9% | 0.71% | vs |