Horizon Bank
| Status: | Inactive as of 06/26/2009 |
| Absorption - Assisted | |
| Successor Bank: | Stearns Bank |
| Headquarters: | Horizon Bank 600 Hillside Avenue Sw Pine City, MN 55063 |
| Established: | 06/01/1915 |
| FDIC Insurance: | 01/01/1934 |
| FDIC Cert: | #9744 |
| Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
| Total Assets: | $84,763,000 |
| Total Deposits: | $69,254,000 |
History
| 1915-06-01 | Institution established: Original name:Kerrick State Bank | |
| 1979-10-01 | Moved bank headquarters from KERRICK, MN to PINE CITY, MN | |
| 1979-10-01 | Changed name to Pine City State Bank | |
| 2006-06-01 | Changed name to Horizon Bank | |
| 2009-06-26 | Failed. Acquired with government financial assistance and subsequently operated as part of Stearns Bank National Association (10988) | |
| 2009-08-07 | Acquired Community National Bank of Sarasota County (27183) in VENICE, FL as part of a government assisted transaction. | |
| 2009-08-07 | Acquired First State Bank (27364) in SARASOTA, FL as part of a government assisted transaction. | |
| 2009-08-21 | Acquired Ebank (34682) in ATLANTA, GA as part of a government assisted transaction. | |
| 2010-11-12 | Acquired Copper Star Bank (35463) in SCOTTSDALE, AZ as part of a government assisted transaction. | |
| 2012-03-23 | Acquired Covenant Bank & Trust (58068) in ROCK SPRING, GA as part of a government assisted transaction. | |
| 2012-07-27 | Acquired Jasper Banking Company (16240) in JASPER, GA as part of a government assisted transaction. | |
| 2012-10-19 | Acquired First East Side Savings Bank (28144) in TAMARAC, FL as part of a government assisted transaction. |