Horizon Bank
Bradenton, FL · Owner: Horizon Bcorp Inc
$188M
total assets, June 30, 2010
$188M
total assets, June 30, 2010
Horizon Bank was a state member bank in Bradenton, FL, owned by Horizon Bcorp Inc. It failed on Sep 10, 2010, and Bank Of The Ozarks took over its deposits. At its last report it held $187.8 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 2010
This bank failed
- Failed on
- Sep 10, 2010
- Assets
- $188M
- Deposits
- $165M
- Estimated cost
- $61.3M
- Deposits went to
- Bank Of The Ozarks, Little Rock, AR
Total assets
$188M
-9.0% in a year · -3.8% in a quarter
Deposits
$165M
-4.6% in a year · -4.4% in a quarter
Loans
$142M
-14.2% in a year · -4.6% in a quarter
Profit so far
-$1.7M
Jan 1 to Jun 30, 2010
Capital ratio
1.43%
-2.61 pts in a year
Return on assets
-1.79%
+4.54 pts in a year
Facts
- Type
- State member bank
- Head office
- 900 53rd Avenue East, Bradenton, FL, 34203
- County
- Manatee
- Holding company
- Horizon Bcorp Inc
- Established
- Oct 25, 1999
- Failed
- Sep 10, 2010
- Employees
- 40
- Branches
- 4
- Id
- b35061
Quarter by quarter
December 31, 1999 to June 30, 2010
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Horizon Bank?
$187.8 million in total assets and $164.6 million in deposits as of June 30, 2010, with assets down 9.0% from a year before. Its loans were $142.2 million.
How many branches does Horizon Bank have?
4 branches in Florida as of June 30, 2026.
Is Horizon Bank profitable?
No: it lost $1.73 million from January 1 to June 30, 2010. Its return on assets was -1.79% a year; about 1% is typical.
Who owns Horizon Bank?
Horizon Bank is owned by Horizon Bcorp Inc, its holding company.
When did Horizon Bank fail?
Sep 10, 2010. Bank Of The Ozarks of Little Rock, AR took over its deposits. The estimated cost of the failure was $61.3 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.