BNET Industries
Horizon Financial Corp. (HRZB) is in the Financial Services Industry
- Revenue
- Mar 31 2008
- $107.2M
- Profit
- Mar 31 2008
- $18.4M
- Market Cap
- Sep 03 2008
- $104.0M
Latest News and Analysis
Horizon Financial Corp. F1Q09 (Qtr End 06/30/08) Earnings Call Transcript
Horizon Financial Corp. HRZB F1Q09 Earnings Conference Call
Horizon Financial F2Q08 (Qtr End 09/30/07) Earnings Call Transcript
Horizon Financial F2Q08 (Qtr End 09/30/07) Earnings Call Transcript
Additional Resources
Nu Horizons Electronics Corp. Reports Financial and Operating Results for the First Quarter of Fiscal Year 2009
MELVILLE, N.Y. -- Nu Horizons Electronics Corp. (Nasdaq/NM: NUHC), a leading distributor of active and passive electronic components, today reported financial and operating results for the first quarter of fiscal 2009, reflecting the period ended May 31, 2008. Net sales for the quarter ended May...
Valley Bank of Des Moines to buy Horizons Financial
Valley Bank of Des Moines, Iowa, agreed to buy the assets of the financially ailing thrift Horizon Financial Services Corp. for $2.9 million plus payments for a portion of recoveries that may occur with soured loans, Horizon officials said on Nov. 6. Valley Bank, a subsidiary of River Valley...
Nu Horizons Electronics Corp. Reports Second Quarter Fiscal Year 2008 Results
* Record Sales for the Quarter * Restatement of Financials Complete * NASDAQ Compliant MELVILLE, N.Y. -- Nu Horizons Electronics Corp. (Nasdaq/NM: NUHC), a leading distributor of active and passive electronic components, today reported financial and operating results for the second...
Nu Horizons Electronics Corp. Announces Compliance with Nasdaq Listing Requirements
MELVILLE, N.Y. -- Nu Horizons Electronics Corp. (NasdaqGM:NUHC) today announced that the Nasdaq Office of the General Counsel, Listing Qualifications Hearings has notified the Company that due to the fact that the Company has regained compliance with the Nasdaq requirement relating to the filing of periodic reports...
Horizon Financial Group promotes Jacobson
Horizon Financial Corp. has promoted Richard P. Jacobson to chief executive officer and president of Horizon Financial and director of Horizon Bank. Jacobson began at Horizon Bank in 1985 as a management trainee. His previously held positions include branch manager, loan officer, loan production officer, CRA...
Nu Horizons Electronics Corp. Enters Into Amendment and Waiver to U.S. $150 Million Credit Facility
MELVILLE, N.Y. -- Nu Horizons Electronics Corp. (NasdaqGM:NUHC) today announced that the Company has entered into an amendment and waiver with its lenders under its $150 million revolving credit facility. The amendment and waiver relates to tax and financial reporting matters as previously described in...
Seacoast Commerce Bank Announces Appointment of New Directors
CHULA VISTA, Calif. -- Bruce A. Nunes, Chairman of Seacoast Commerce Bank (OTCBB:SCCB), today announced the appointment of Allan W. Arendsee, Richard S. Levenson, and Ronald A. Bedell to the board of directors. "We are fortunate to have Allan, Rick and Ron join our board...
Nu Horizons Electronics Corp. and Subsidiary Named as Defendants in Vitesse-related Shareholder Action
MELVILLE, N.Y. -- Nu Horizons Electronics Corp. (Nasdaq:NUHC) announced today that both Nu Horizons and its wholly-owned subsidiary Titan Supply Chain Services Corp. ("Titan") were named as co-defendants in a shareholder class action commenced against Vitesse Semiconductor Corp., Nu Horizons, Titan and others by a group of...
Nu Horizons Electronics Corp. to Restate Financial Statements for Prior Year Taxes
MELVILLE, N.Y. -- Nu Horizons Electronics Corp. (Nasdaq/NM: NUHC) today announced that the Audit Committee of its Board of Directors, together with management, has concluded that the Company's annual and quarterly financial statements for the fiscal years 2002 through 2007, as well as the first quarter of...
Horizon Financial Declares Quarterly Cash Dividend of $0.13
Schedules Fiscal Second Quarter 2008 Conference Call BELLINGHAM, Wash. -- Horizon Financial Corp. (NASDAQ: HRZB) announced today its Board of Directors has declared a quarterly cash dividend of $0.13 per share. The dividend will be paid on November 2, 2007, to shareholders of record on...
Avoid the Risk of the Untended Investment Portfolio
Most committed investors understand the importance of asset allocation in their investment portfolio. Finding the right allocation of stocks, bonds and cash equivalent investments takes careful consideration of an individual's time horizon, financial goals, liquidity needs, tax situation and risk tolerance. Similarly, diversification within an asset class is understood...
Fed keeps US rates on hold; acknowledges market turmoil
WASHINGTON AFP — The Federal Reserve Tuesday kept US interest rates unchanged at 5.25 percent but it acknowledged concerns about tightening credit and a persistent housing market slump dogging the US economy. The central bank has now kept US interest rates steady for just over 13 months. The...
Correction: Dr. Bryan Jepson
Dr. Bryan Jepson, the author of "Changing the Course of Autism," will speak today at a conference that runs from 5 p.m. to 10 p.m. at Horizon Financial, 9890 S. 300 West. The time was incorrectly reported in Friday's paper. For reservations, go to www.portershope.com. Once the doors are closed...
Horizon Financial's EPS Rises 11% in Fiscal 1Q08; Generates 10% Loan Growth with Solid Asset Quality
BELLINGHAM, Wash. -- Horizon Financial Corp. (NASDAQ:HRZB) today reported that strong loan growth supported by a robust business climate, generated record profits in the first quarter of fiscal 2008, ended June 30, 2007. Horizon earned $5.0 million or $0.41 per diluted share, up 11% from $0.37 per...
Horizon Financial Designated a Sandler O'Neill Bank and Thrift Sm-All Star Again in 2007
BELLINGHAM, Wash. -- Horizon Financial Corp. (NASDAQ:HRZB) announced today it was named to the prestigious Sandler O'Neill and Partners Bank and Thrift Sm-All Stars -- Class of 2007. Sandler O'Neill also named Horizon as one of the top performing, publicly traded small-cap banks and thrifts in the...
Horizon Financial Increases Quarterly Cash Dividend to $0.13; Schedules Fiscal First Quarter 2008 Conference Call
BELLINGHAM, Wash. -- Second graph, second sentence should read ... Horizon Bank expects to report results for the first quarter of fiscal 2008 (sted ... fourth quarter and fiscal 2007). The corrected release reads: HORIZON FINANCIAL INCREASES QUARTERLY CASH DIVIDEND TO $0.13; SCHEDULES...
Financial Reporting Issues for Financial Institutions
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c57667) has announced the addition of "Financial Instruments and Institutions: Accounting and Disclosure Rules, 2nd Edition" to their offering. Second Edition "Financial Instruments and Institutions is a superbly informative integrated treatment of institutional, analytical, and financial reporting...
Nu Horizons Electronics Corp. Reports Fourth Quarter and Record Full-Year Results for Fiscal 2007
* Full Year Net Sales increased 31% to a record $737 million * Full Year Diluted EPS increased 89% to 53 cents per share MELVILLE, N.Y. -- Nu Horizons Electronics Corp. (Nasdaq/NM: NUHC), a leading distributor of electronic components, today reported financial results...
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- Incorporated: 1995
- CEO: Mr. Richard P. Jacobson
- Employees: 272
Horizon Financial is a bank holding company. Through its subsidiary, Horizon Bank (the Bank), Co. provides a range of commercial and mortgage lending services to borrowers as well as a range of customer services to depositors. As f Mar 31 2008, Co. provided these services through 19 full-service office facilities, four commercial loan centers and four real estate loan centers, located in Whatcom, Skagit, Snohomish and Pierce counties in Northwest Washington. The Bank originates both fixed rate and adjustable rate mortgages secured by residential, business, and commercial real estate. As of Mar 31 2008, Co. had total assets of $1.39 billion and total deposits of $1.04 billion.
Key Competitors
Horizon Financial Corp. Company Info
Board of Directors
Mr. V. Lawrence Evans
Chairman
Mr. Richard R. Haggen
Mr. Robert C. Tauscher
Mr. Richard P. Jacobson
Mr. Robert C. Diehl
Mr. Gary E. Goodman
Mr. Dennis C. Joines
Mr. James A. Strengholt
Contact Information
1500 Cornwall Avenue
Bellingham, WA
360 733-3050
