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HORIZON BANK DECLARES CASH DIVIDEND

 BELLINGHAM, Wash., Sept. 29 /PRNewswire/ -- Horizon Bank (NASDAQ: HRZB) today announced that the bank's board of directors declared an 8 cents per share cash dividend on the bank's common stock. The cash dividend is payable Oct. 29 to stockholders of record Oct. 11.
 Horizon Bank is a $400 million, state-chartered, FDIC-insured savings bank located in the northwestern corner of Washington state. The bank has nine offices serving the contiguous Whatcom, Skagit and Snohomish counties.
 -0- 9/29/93
 /CONTACT: V. Lawrence Evans, president, or David Eldred, Investor Relations, 206-733-3050, both of Horizon Bank/
 (HRZB)


CO: Horizon Bank ST: Washington IN: FIN SU: DIV

RB-JH -- SE003 -- 6664 09/29/93 08:55 EDT
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Publication:PR Newswire
Date:Sep 29, 1993
Words:112
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