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Horizon Bancorporation, Inc. (HZNB.OB)On Nov 19: 2.11   0.00 (0.00%)  
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Horizon Bancorporation, Inc.
900 53rd Avenue East
Bradenton, FL 34203
United States - Map
Phone: 941-753-2265
Web Site: http://www.horizonbankfl.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Southeast Banks
Full Time Employees:40

BUSINESS SUMMARY 
Horizon Bancorporation, Inc. operates as the holding company for Horizon Bank that provides commercial banking products and services to individual, professional, and business customers in Bradenton, Manatee, and Eastern Hillsborough Counties in Florida. The company offers a range of interest-bearing and non-interest-bearing accounts, including commercial and retail checking accounts, negotiable order of withdrawal accounts, individual retirement accounts, regular interest-bearing savings accounts, and certificates of deposits. Its commercial loan products and services comprise term loans with variable interest rates secured by equipment, inventory, receivables, and real estate, as well as secured and unsecured working capital lines of credit; commercial real estate loans primarily include short-term interim loans and construction loans, as well as variable-rate residential and other mortgage loans; and consumer loans, including automobile financing, home improvement, debt consolidation, and other personal loans. The company also issues credit cards and acts as a merchant depository for cardholder drafts under Visa and MasterCard; and offers night depository and bank-by-mail services, as well as sells travelersÂ’ checks issued by an independent entity and cashiersÂ’ checks. As of March 31, 2009, it operated four offices, of which two in Bradenton, one in Brandon, and one in Palmetto, Florida. The company was formerly known as Manasota Group, Inc. and changed its name to Horizon Bancorporation, Inc. in October 1998. Horizon Bancorporation was incorporated in 1998 and is based in Bradenton, Florida.
Key Statistics

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    KEY EXECUTIVES 
     PayExercised
    Mr. Charles S. Conoley , 50
    Chief Exec. Officer, Pres, Director, Chief Exec. Officer of Horizon Bank, Pres of Horizon Bank of Horizon Bank
    N/A N/A
    Mr. Bradley N. Severson , 46
    Exec. VP, Sr. VP of Horizon Bank and Sr. Lending Officer of Horizon Bank
    N/A N/A
    Mr. Jeffrey S. Chapin , 38
    Sr. VP, VP of Horizon Bank and Commercial Lending Officer of Horizon Bank
    N/A N/A
    Ms. Kathleen M. Jepson , 60
    Chief Financial Officer, Principal Accounting Officer and Sr. VP
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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