Stay up-to-date on the latest news and happenings at German American.
January 27, 2020
German American Bancorp, Inc. reported that, for the 10th consecutive year, the Company has achieved record annual earnings, posting net income of $59.2 million, or $2.29 per share, for the year ended on December 31, 2019.
January 15, 2020
German American Bank congratulates Brenda Sermersheim on her distinction as the Indiana Association of Soil and Water Districts’ Supervisor of the Year.
January 9, 2020
German American Bank announces that Alexis Belcher and Monica Tabor have joined the company’s banking team to serve the financial needs of the Louisville area business community. Alexis joins the company as a Treasury Management Officer, and Monica joins the company as Commercial Loan Sales and Service Assistant. They join Jason Adler and Kelley Chandler to serve the financial needs of the Louisville business community.
November 5, 2019
German American Bank presented a check for $75,000 to the Tri County YMCA’s Reimagine Your Y Capital Campaign. These funds will have a direct impact on the facility and programming expansion the Tri-County YMCA plans to complete mid year of 2020.
October 31, 2019
German American Bancorp, Inc. (NASDAQ: GABC) reported quarterly earnings of $13.1 million, or $0.49 per share, in the third quarter of 2019. This level of quarterly earnings performance was an increase of approximately $425,000, or 3% on a reported net income basis over third quarter 2018 net income of $12.6 million, or $0.55 per share. On a per share basis, the quarter-over-quarter comparison was reflective of a higher level of shares outstanding in 2019 resulting in a $0.06, or approximately 11%, decrease in reported earnings per share relative to the third quarter of 2018. The current year earnings are reflective of the inclusion of the acquisition of Citizens First Corporation of Bowling Green, Kentucky on July 1, 2019 and the acquisition of First Security, Inc. of Owensboro, Kentucky on October 15, 2018.
October 4, 2019
German American Bank announces that Lauren H. Wilson will serve on the company’s West Regional Advisory Board which includes the Daviess, Martin, Pike, Knox, and Gibson County markets. Lauren joins current board members Jeff Clark, Brad Dale, Stephen Lankford, and James Yagle.
October 3, 2019
German American Bank announces that Jason Adler and Kelley Chandler have joined the company’s commercial lending team to serve the financial needs of the Louisville area business community. Jason joins the company as Market Executive. Kelley joins the company as Senior Vice President, Commercial Banking.
September 5, 2019
German American Bank announces the addition of Andy Jaisle as Vice President, Commercial Banking serving Decatur and Ripley counties in Indiana.
September 5, 2019
Julia Thomas has recently joined the German American Insurance team as an Employee Benefits Consultant based in our Bedford, Indiana, office and will support the company’s entire growing footprint. She works with HR and Executives to identify and eliminate the medical overspend in their health plans to drive the best value. By focusing on quality, efficiency, and best-in-class care within the healthcare supply chain, she helps clients achieve a competitive advantage to acquire top talent while lowering costs to increase cash flow.
September 4, 2019
German American Bank is proud to announce, Brock Goggins, Senior Vice President of Retail Banking, was recently awarded a diploma from the prestigious Graduate School of Banking at the University of Wisconsin-Madison. In addition to his diploma, he received a Certificate of Executive Leadership from the Wisconsin School of Business Professional and Executive Development.
September 3, 2019
German American Bank is hosting a Latino Community Connect event on Friday, September 6, at their Huntingburg office, located at 309 E 13th Street. All are welcome to join us for a festive carne asada meal and prizes from 5:30 – 7:00 pm eastern time.
August 28, 2019
German American Bank announces the addition of Craig Long as Vice President, Agricultural Banking serving Dubois and Spencer counties in Indiana.
August 19, 2019
German American Bank is sponsoring a Clean Sweep event in Tell City, Indiana on Saturday, August 24th. Non-profit organizations will form teams to help clean up throughout the Tell City community and German American will donate money to the non-profit organization for each bag of trash collected.
August 19, 2019
German American Bank announces the addition of Emily Olberding as Mortgage Loan Originator serving Perry and Spencer counties in Indiana. For customers who are building, purchasing, or refinancing homes, Emily specializes in customized financial solutions delivered with prompt, accurate, and courteous service.
August 8, 2019
Clayton Rose, Branch Manager with German American Bank in Sellersburg, has recently been elected to the Executive Council for the Indiana University Alumni Association. Since its beginning in 1854, the IU Alumni Association has led efforts to grow the University, provide educational opportunities for students, and keep graduates connected to the University and each other.
August 6, 2019
German American Bank announces that J. Christopher Hopgood has joined the company’s Southwest Regional Advisory Board which serves Vanderburgh and Warrick counties in Indiana and Henderson County in Kentucky. Chris joins current board members Kyle Fields, Michael R. Hinton, Christina Ryan, James R. Miller, and Marc Fine who is a Corporate Board representative to the Southwest Regional Advisory Board.
July 30, 2019
German American Bancorp, Inc. (NASDAQ: GABC) reported record quarterly earnings of $15.3 million, or $0.61 per share, for the quarter ending on June 30, 2019. This level of quarterly earnings performance was an increase of 27%, on a per share basis, compared with the second quarter 2018 net income of $11.1 million, or $0.48 per share. The current quarter earnings also compared favorably with the first quarter 2019 net income of $15.1 million, or $0.60 per share.
July 10, 2019
German American Bank announces the addition of three new Mortgage Loan Originators serving the Bowling Green area.
July 1, 2019
German American Bancorp, Inc. (NASDAQ:GABC) announced today that it has completed its merger with Citizens First Corporation., the parent company of Citizens First Bank, Inc. of Bowling Green, Kentucky, effective at 12:01 a.m. (Eastern time) on July 1, 2019. Immediately following completion of the holding company transaction, Citizens First Bank merged with and into German American’s banking subsidiary, German American Bank.
June 11, 2019
German American Bank is celebrating the grand opening of a new banking office at 3264 Highway 54 in Owensboro on Friday, June 14. Members of the Owensboro community are invited to join the local team for prizes, refreshments, and bounce house activities for kids from 11:00am to 5:00pm.
June 11, 2019
Customers at all German American locations will be able to enjoy refreshments and enter to win prizes during a Customer Appreciation Celebration on Friday, June 14.
June 7, 2019
German American Bank presented $2500 checks to representatives from Community Ventures and REACH, Inc. during a ribbon cutting ceremony Thursday at their Lexington – Wellington banking office.
June 6, 2019
German American Bank made a donation of $2,500 to American Red Cross’s Southeast Chapter in Bloomington, Indiana. The mission of the American Red Cross is to alleviate human suffering in the face of emergencies by mobilizing the power of volunteers and the generosity of donors.
May 29, 2019
German American Bank announces the financial services company will open a full service retail banking office in Downtown Henderson. German American will construct a full service retail banking office on the corner of Green and Center streets.
May 27, 2019
German American Bank is pleased to announce the kickoff of our Summer Internship Program. Seven interns, demonstrating a series of characteristics including strong communication skills and work ethic, as well as a positive attitude, were selected from a pool of candidates to jump-start their careers in banking.
May 14, 2019
Ben Schmitt has recently joined the German American Insurance team as a Senior Employee Benefits Consultant based in our Evansville office and will support all of our growing footprint. He works with HR and Executives to identify and eliminate the medical overspend in their health plan to drive the best value.
April 29, 2019
German American Bancorp, Inc. (GABC) reported record quarterly earnings of $15.1 million, or $0.60 per share, for the quarter ending on March 31, 2019.
February 21, 2019
German American Bancorp, Inc. (NASDAQ: GABC) ("German American") and Citizens First Corporation, Bowling Green, Kentucky (NASDAQ: CZFC) ("Citizens First"), announced today that they have entered into a definitive agreement to merge Citizens First into German American. Upon completion of the transaction, Citizens First’s subsidiary bank, Citizens First Bank, Inc., will be merged into German American's subsidiary bank, German American Bank.
January 29, 2019
German American Bancorp, Inc. (NASDAQ: GABC) reported that the Company has achieved record annual earnings for the year ended on December 31, 2018, marking the 9th consecutive year of record performance.
January 11, 2019
German American Insurance participated in the Tour of Honor Program sponsored by Pekin Insurance to honor those who served in our military by supporting the Honor Flight Network. For every life insurance application German American Insurance submitted through Pekin Insurance, money was donated to the Honor Flight Network.
December 10, 2018
German American Bank’s utilization of the US SBA 504 loan program for small businesses was recognized by Indiana Statewide Certified Development Corporation at its annual meeting.
November 19, 2018
The Internal Revenue Service (IRS) and Security Summit partners today warned the public of a surge of fraudulent emails impersonating the IRS and using tax transcripts as bait to entice users to open documents containing malware.
October 29, 2018
German American Bancorp, Inc. (GABC) Reports Third Quarter Earnings for 2018.
October 15, 2018
German American Bancorp, Inc. (NASDAQ:GABC) announced today that it has completed its previously announced acquisition of First Security, Inc., the parent company of First Security Bank, Inc. of Owensboro, Kentucky, effective as of October 15, 2018.
August 6, 2018
German American announces that James (Jim) A. Huebner, Senior Vice President and Chief Financial Officer at OFS Brands, has joined Zach Bawel, Peter Ariens, Matt Eckert, and Ken D. Mulzer, Jr., to serve on the 2019 - 2020 South Central Region Advisory Board.
July 30, 2018
German American Bancorp, Inc. (GABC) Reports Second Quarter Earnings for 2018.
July 27, 2018
Marsh, Berry & Company, Inc. (“MarshBerry”), recently named German American Insurance as one of five independent insurance agencies throughout the United States to receive honorable mentions in its inaugural MAX Performer recognition award. The award recognizes independent agencies that have strong financials, foster a client-first culture, and strive for operational excellence with an innovative mind-set.
June 29, 2018
German American Bancorp, Inc. (NASDAQ:GABC) today announced that Zachary W. Bawel has been appointed to its Board of Directors, effective July 1, 2018. Mr. Bawel has also been appointed to the Compensation Committee of the Board of Directors, and to the board of directors of the Company’s bank subsidiary, German American Bank.
June 4, 2018
German American Bank announces the promotion of Erin Kindle as a Wealth Advisor in Madison, Indiana. Erin, along with John Muessel, Vice President and Senior Wealth Advisor, are proud to serve Ripley and Jefferson Counties, along with Carroll County, Kentucky. For customers who are interested in Asset Management, Trust Administration, Estate Planning, or retirement plans and services, our Wealth Advisory team specializes in customized wealth advisory solutions delivered with prompt, accurate, and courteous service.
May 23, 2018
German American Bancorp, Inc. (Nasdaq:GABC) ("German American") and First Security, Inc. (OTCQX:FIIT) ("First Security") announced today that they have entered into a definitive agreement to merge First Security into German American. Upon completion of the transaction, First Security’s subsidiary bank, First Security Bank, Inc., will be merged into German American's subsidiary bank, German American Bank.
May 22, 2018
German American Bancorp, Inc. (NASDAQ: GABC) has announced its banking subsidiary, German American Bank (“German American”) has completed the acquisition of the five branch network in Columbus and Greensburg, Indiana from First Financial Bank (formerly MainSource Bank) (“First Financial”).
May 16, 2018
German American Bank has partnered with the AllPoint ATM network, the world’s largest surcharge-free ATM network, to offer customers expanded access to a network of over 55,000 fee-free ATMs worldwide.
May 11, 2018
German American Bank has been honored as a Five Star Member of the Indiana Bankers Association (IBA). The award was presented on May 2 at the IBA Mega Conference in downtown Indianapolis, in recognition of German American Bank’s Association involvement throughout 2017.
February 13, 2018
German American Bancorp, Inc. (NASDAQ: GABC) today announced that its banking subsidiary, German American Bancorp ("German American"), has signed a definitive agreement to acquire five branches in Columbus and Greensburg, Indiana, with approximately $160 million deposits and $134 million in loans, as of December 31, 2017, from MainSource Bank ("MainSource"), the banking subsidiary of MainSource Financial Group, Inc. (NASDAQ:MSFG).
January 22, 2018
German American Bank was recently recognized by the Indiana Statewide Certified Development Corporation (CDC) as one of their top two 2017 Small Business Administration (SBA) 504 lenders in Indiana. Dan Collignon, a Regional Executive Vice President and Commercial Credit Officer at German American Bank, was also recognized individually as having created the most SBA 504 loan debenture dollars in 2017.
December 14, 2017
Gene Mattingly, German American Senior Vice President, Senior Financial Consultant, Accredited Investment Fiduciary, has been selected as one of Bank Investment Consultant magazine's top 100 Advisors in the United States.
November 2, 2017
Alisha Roberts has recently joined the German American Insurance team as a Personal Risk Manager serving Bartholomew, Jackson and Jennings Counties.
October 10, 2017
September 8, 2017
New regulations for the financial industry will affect the speed of electronic payments and access to financial information.
Beginning Friday, September 15th, German American, along with every other financial institution in the country, will be required to follow new electronic payment regulations which will change the times that we apply certain electronic debit payments to your account.
August 17, 2017
German American Bank Vice President Invests in Afforable Housing
John Clauss, German American Bank Vice President, Commercial Banking, received the Federal Home Loan Bank of Indianapolis 2017 Community Spirit Award August 16 at the Indiana Housing Conference for affordable housing professionals in Indiana.
August 9, 2017
June 29, 2017
German American Insurance announces that Brent Pfister has earned his Cerfitied School Risk Manager Designation.
March 14, 2017
Mark A. Schroeder, a chairman and chief executive officer of German American Bancorp, Jasper, has been honored with a concurrent resolution by the Indiana Senate and House.
January 3, 2017
German American Insurance is please to announce that the Adams Insurance Agency in Madison became German American Insurance effective January 1, 2017.
August 19, 2016
German American announces the promotion of Jim McDonald to Regional Executive Vice President Agricultural and Commercial Lending.
July 8, 2016
JASPER, Ind., German American Bancorp, Inc. (Nasdaq: GABC) and its banking subsidiary, German American Bancorp has announced a number of promotions to its executive and senior officer group. Mark A. Schroeder, Chairman & Chief Executive Officer, made the following comments regarding the announcement, “In response to the tremendous growth we‘ve experienced as a Company in recent years and in preparation for what we see as continued, excellent prospects for future growth, we are very pleased to announce the following executive promotions.”
May 4, 2016
VINCENNES, Ind. - German American Bank has joined the growing number of community organizations backing Kimmell Park improvements in Vincennes.
April 1, 2016
German American Insurance has been selected for membership in the Safeco Premier Partner Program, which recognizes the outstanding achievement and partnership of only the best agencies.
January 26, 2016
It's that time of year - tax time. It's also a great time to get up to speed on tax-related scams. Here are two ways tax scammers might target you and what you can do about it.