Website listed on OTCMarkets takes you to......
Post# of 9
Posted On: 10/24/2013 6:38:45 PM
Website listed on OTCMarkets takes you to......
http://www.horizonbank.com/
NASDAQ : HBNC
$22.24
http://www.otcmarkets.com/stock/HRZB/company-info
Horizon Financial Corp. (HRZB) operates as the bank holding company for Horizon Bank that provides commercial banking services in Washington. It generates various deposit products, including savings accounts, nonnegotiable time deposits, certificates of deposit, individual retirement accounts, qualified retirement plans, transaction accounts, and money market deposit accounts. The company originates various loan products comprising loans secured by mortgages on one-to-four family residential and multi-family residential properties; construction and land development loans; commercial loans and commercial real estate loans; and consumer loans, including home equity loans, home equity lines of credit, loans secured by deposit accounts, unsecured loans, and loans for mobile homes located in mobile home parks, as well as loans secured by personal property, including automobiles, boats, and other vehicles. As of March 31, 2009, it operated 18 full-service facilities, 4 commercial loan centers, and 4 real estate loan centers in Whatcom, Skagit, Snohomish, and Pierce counties in northwest Washington. Horizon Financial Corp. was founded in 1995 and is headquartered in Bellingham, Washington.
http://finance.yahoo.com/q/pr?s=hrzb
As of November 2, 2009, 11,994,945 common shares, $
1.00 par value, were outstanding.
At September 30, 2009, the Corporation had $31.9 mi
llion of net deferred tax asset
All shares of Horizon Bank were owned by its holding company, Horizon Financial Corp., Bellingham, WA. The holding company was not included in the closing of the bank or the resulting receivership. If you are a shareholder of Horizon Financial Corp., please do not contact or file a claim with the Receiver. You may contact Horizon Financial Corp. directly for information as follows:
Horizon Financial Corp.
c/o The Registered Agent
Keller Rohrback, LLP
Attn: Thomas A. Strecken, Esq.
1201 3rd Avenue, Suite 3200
Seattle, Washington 98101
1-206-623-1900
Horizon Financial Corp. ("Horizon Financial" or the
"Corporation") was formed under Washington law on
May 22, 1995, and became the
holding company for Horizon Bank ("Horizon Bank" or
the "Bank") effective October 13, 1995. At Septemb
er 30, 2009, Horizon Financial had
total assets of $1.30 billion, total deposits of $1
.17 billion and total equity of $12.8 million. The
Corporation's business activities generally are
limited to passive investment activities and oversi
ght of its investment in the Bank. Accordingly, the
information set forth in this report,
including consolidated financial statements and rel
ated data, relates primarily to the Bank and its su
bsidiary. The Bank is currently subject to
the Order and is critically undercapitalized under
PCA and accordingly is operating under significant
operating restrictions. Please refer to
Notes 2 and 3 of the Selected Notes to the Consolid
ated Financial Statements for a discussion of regul
atory actions, regulatory capital and
going concern considerations.
http://www.horizonbank.com/
NASDAQ : HBNC
$22.24
http://www.otcmarkets.com/stock/HRZB/company-info
Horizon Financial Corp. (HRZB) operates as the bank holding company for Horizon Bank that provides commercial banking services in Washington. It generates various deposit products, including savings accounts, nonnegotiable time deposits, certificates of deposit, individual retirement accounts, qualified retirement plans, transaction accounts, and money market deposit accounts. The company originates various loan products comprising loans secured by mortgages on one-to-four family residential and multi-family residential properties; construction and land development loans; commercial loans and commercial real estate loans; and consumer loans, including home equity loans, home equity lines of credit, loans secured by deposit accounts, unsecured loans, and loans for mobile homes located in mobile home parks, as well as loans secured by personal property, including automobiles, boats, and other vehicles. As of March 31, 2009, it operated 18 full-service facilities, 4 commercial loan centers, and 4 real estate loan centers in Whatcom, Skagit, Snohomish, and Pierce counties in northwest Washington. Horizon Financial Corp. was founded in 1995 and is headquartered in Bellingham, Washington.
http://finance.yahoo.com/q/pr?s=hrzb
As of November 2, 2009, 11,994,945 common shares, $
1.00 par value, were outstanding.
At September 30, 2009, the Corporation had $31.9 mi
llion of net deferred tax asset
All shares of Horizon Bank were owned by its holding company, Horizon Financial Corp., Bellingham, WA. The holding company was not included in the closing of the bank or the resulting receivership. If you are a shareholder of Horizon Financial Corp., please do not contact or file a claim with the Receiver. You may contact Horizon Financial Corp. directly for information as follows:
Horizon Financial Corp.
c/o The Registered Agent
Keller Rohrback, LLP
Attn: Thomas A. Strecken, Esq.
1201 3rd Avenue, Suite 3200
Seattle, Washington 98101
1-206-623-1900
Horizon Financial Corp. ("Horizon Financial" or the
"Corporation") was formed under Washington law on
May 22, 1995, and became the
holding company for Horizon Bank ("Horizon Bank" or
the "Bank") effective October 13, 1995. At Septemb
er 30, 2009, Horizon Financial had
total assets of $1.30 billion, total deposits of $1
.17 billion and total equity of $12.8 million. The
Corporation's business activities generally are
limited to passive investment activities and oversi
ght of its investment in the Bank. Accordingly, the
information set forth in this report,
including consolidated financial statements and rel
ated data, relates primarily to the Bank and its su
bsidiary. The Bank is currently subject to
the Order and is critically undercapitalized under
PCA and accordingly is operating under significant
operating restrictions. Please refer to
Notes 2 and 3 of the Selected Notes to the Consolid
ated Financial Statements for a discussion of regul
atory actions, regulatory capital and
going concern considerations.
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