Horizon Bancorp, Inc. Releases Inaugural Corporate Social Responsibility Report
May 04 2021 - 2:30PM
(NASDAQ GS: HBNC) Horizon Bancorp, Inc. (“Horizon” or the
“Company”) announced the release of its 2020 Corporate Social
Responsibility Report.
“As a community bank, Horizon puts people first in all that we
do. Our inaugural Corporate Social Responsibility report reflects
on the progress we’ve made thus far and, more importantly, on the
ways that we’re actively working to foster diversity, equity and
inclusion throughout our company and within the Indiana and
Michigan communities we serve,” Chairman and CEO Craig M. Dwight
said. “We know that there is more work to do and we look forward to
being a leader in the community banking space in terms of our
commitment to and transparency around these important issues.”
Horizon’s Corporate Social Responsibility Report examines its
commitment to diversity, equity and inclusion, as well as its
in-market community lending, charitable giving, work environment
and corporate governance. The report also includes additional
accounting metric disclosures based on the Sustainability
Accounting Standards Board’s recommended standards for commercial
banks and mortgage finance. Some of the highlights from the 2020
report include:
- Minorities made up approximately 14% of Horizon’s workforce at
December 31, 2020 and 26% of all new hires during 2020
self-identified as minorities, an increase from prior years
- Women made up 76% of Horizon’s workforce at year-end and 30% of
the Board’s independent directors
- $86.7 million in loans outstanding to programs promoting small
business and community development at year-end
- Dedicated mortgage loan officers focused on serving low to
moderate income neighborhoods
- Financed $13.5 million in renewable energy projects in
2020
- Opened first all bilingual branch in 2019 and plan for a second
all bilingual branch in 2021
- Nearly $820,000 donated to more than 200 nonprofit
organizations throughout Indiana and Michigan during 2020 and more
than $3.0 million donated over the last five years
“At Horizon, a purpose-driven and inclusive culture that values
and fosters diversity is central to who we are as a company,”
Diversity and Inclusion Officer Kathi Tilling said. “We are so
proud of our team of Advisors and the commitment and dedication
they displayed in 2020 to be there for their customers, their
communities and one another.”
Horizon Bank provides personal banking, business banking and
wealth management services throughout diverse Midwestern markets.
In April 2021, the Company announced the opening of its newest
branch, located in Gary, Indiana.
Horizon’s 2020 Corporate Social Responsibility Report is
available online here.
About Horizon Bancorp, Inc.Horizon Bank, Inc.
is an independent, commercial bank holding company serving Indiana
and Michigan through its commercial banking subsidiary, Horizon
Bank. Horizon Bank may be reached online at www.horizonbank.com.
Its common stock is traded on the NASDAQ Global Select Market under
the symbol HBNC.
Contact: Amy PharesPublic Relations ManagerPhone: (219)
874-9208Fax: (219) 873-2628
Additional Contact: Lewis ScottVice President, Senior Community
Development OfficerPhone: (219) 877-0451Date: May 4, 2021
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