Horizon Bancorp HBNC today announced its unaudited financial results for the three and twelve month periods ended December 31, 2010.
SUMMARY:
- Horizon's 2010 results represent the Company's eleventh consecutive year of record earnings.
- Horizon's net income for the twelve months ended December 31, 2010, was $10.5 million or $2.71 diluted earnings per share compared to $9.1 million or $2.37 diluted earnings per share for the prior year.
- Horizon's fourth quarter 2010 net income was $2.9 million or $.75 diluted earnings per share, a 37.7% increase from the same period in 2009.
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