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Horizon Bancorp Announces Closing of Peoples Bancorp Merger

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MICHIGAN CITY, Ind.--(BUSINESS WIRE)--Horizon Bancorp (NASDAQ:HBNC) (“Horizon”), the parent of Horizon Bank, N.A., (“Horizon Bank”) announces the completion of the acquisition of Peoples Bancorp (OTC PINK:PBNI) (“Peoples”) and its wholly-owned subsidiary, Peoples Federal Savings Bank of DeKalb County (“Peoples Federal”), effective July 1, 2015. Peoples was merged into Horizon and simultaneously Peoples Federal merged into Horizon Bank. As previously announced, the bank resulting from the merger

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