Flagstar Bancorp Inc (FBC)

[guster0]

Michigan City, Ind.-based Horizon Bancorp (Nasdaq GM: HBNC), which operates branches in Southwest Michigan and Northern Indiana, posted its best-ever quarterly income in the company's history. Second-quarter net income improved 15.4 percent to $5.7 million, or $0.62 per diluted share, compared to the same period last year. Strong growth in mortgage originations and the bank's commercial loan portfolio, which passed the $500 million mark for the first time in its history, helped offset decreases in other loan portfolios during the first half of 2013. The release is here and financial charts are here. - See more at: http://mibiz.com/item/20758-july-20-2013-the-ticker#sthash.4sSBsiYC.dpuf

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http://mibiz.com/item/20758-july-20-2013-the-ticker