EXHIBIT 21 - SUBSIDIARIES OF REGISTRANT

Subsidiary	Jurisdiction of Incorporation	Name Under Which Business is Done
Horizon Bank, National Association	United States	Horizon Bank; Horizon Trust & Investment Management
Horizon Risk Management, Inc.	Nevada	Horizon Risk Management, Inc.
Horizon Insurance Services, Inc. (a subsidiary of Horizon Bank)	Indiana	Horizon Insurance Services
Horizon Investments, Inc. (a subsidiary of Horizon Bank)	Nevada	Horizon Investments, Inc.
Horizon Bancorp Capital Trust II	Delaware
Alliance Financial Statutory Trust I	Delaware
Horizon Bancorp Capital Trust III	Delaware
Am Tru Statutory Trust I	Delaware
Heartland (IN) Statutory Trust II	Delaware
Horizon Grantor Trust (a subsidiary of Horizon Bank)	Delaware
Horizon Properties, Inc. (a subsidiary of Horizon Investments, Inc.)	Maryland	Horizon Properties, Inc.

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