German American Bank Mortgage Rates, Fees & Info

Jasper, IN

LEI: 5493002JDOI3GTNVUD76

Tax ID: 20-5480153

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    German American Bank is a smaller bank specializing in Home Purchase and Refi loans. German American Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Bloomington, Evansville, Jasper, Washington, and Louisville among others. We have data for 43 markets. (Some data included below & more in-depth data is available with an active subscription.)

    German American Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. German American Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.27% 4/21/24
    30 Year Conventional Purchase 6.77% 4/21/24
    30 Year Conventional Refi 6.73% 4/21/24
    30 Year Cash-out Refi 6.84% 4/21/24
    30 Year FHA Purchase 7.36% 4/21/24
    30 Year FHA Refi 8.09% 4/21/24
    30 Year VA Purchase 6.38% 4/21/24
    30 Year USDA Purchase 6.80% 4/21/24
    30 Year USDA Refi 6.27% 4/21/24
    15 Year Conventional Purchase 6.13% 4/21/24
    15 Year Conventional Refi 6.37% 4/21/24
    15 Year Cash-out Refi 6.37% 4/21/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    German American Bank Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from German American Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    2,539

    Origination Dollar Volume (All Markets)

    $308,655,000

    Employee count

    747 Show all (17) awards

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    BLOOMINGTON, IN (FHA|USDA|VA) 195 $48,635,000 $249,410 $2,547 4.83%
    Outside of Metro Areas 549 $47,015,000 $85,638 $2,312 4.81%
    EVANSVILLE, IN-KY (FHA|USDA|VA) 295 $41,075,000 $139,237 $2,676 4.76%
    Jasper, IN (FHA|USDA|VA) 389 $36,615,000 $94,126 $2,344 4.74%
    Washington, IN (FHA|USDA|VA) 282 $31,040,000 $110,071 $2,378 4.86%
    LOUISVILLE, KY (FHA|USDA|VA) 151 $21,215,000 $140,497 $2,742 4.71%
    COLUMBUS, IN (FHA|USDA|VA) 138 $19,480,000 $141,159 $2,721 4.88%
    Madison, IN (FHA|USDA|VA) 154 $16,440,000 $106,753 $2,252 4.69%
    Vincennes, IN (FHA|USDA|VA) 102 $10,080,000 $98,824 $2,003 4.77%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 46 $7,420,000 $161,304 $2,615 5.00%
    Bedford, IN (FHA|USDA|VA) 51 $6,405,000 $125,588 $2,676 4.87%
    Seymour, IN (FHA|USDA|VA) 42 $4,450,000 $105,952 $2,580 4.82%
    North Vernon, IN (FHA|USDA|VA) 56 $4,130,000 $73,750 $2,207 4.89%
    OWENSBORO, KY (FHA|USDA|VA) 32 $2,660,000 $83,125 $2,962 4.42%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 4 $1,930,000 $482,500 $2,882 4.66%
    BOWLING GREEN, KY (FHA|USDA|VA) 8 $1,430,000 $178,750 $3,167 4.23%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $1,105,000 $1,105,000 $0 4.25%
    Richmond, IN (FHA|USDA|VA) 2 $830,000 $415,000 $2,023 4.95%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $810,000 $405,000 $4,555 4.81%
    Greensburg, IN (FHA|USDA|VA) 9 $695,000 $77,222 $2,486 5.29%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $455,000 $455,000 $4,730 4.25%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $455,000 $455,000 $5,453 4.88%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $455,000 $455,000 $4,240 4.50%
    TERRE HAUTE, IN (FHA|USDA|VA) 6 $370,000 $61,667 $2,874 5.05%
    Madisonville, KY (FHA|USDA|VA) 2 $340,000 $170,000 $7,033 4.06%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $325,000 $325,000 $3,040 4.75%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $285,000 $285,000 $3,853 4.25%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $255,000 $255,000 $1,029 5.50%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $245,000 $245,000 $5,829 4.88%
    Central City, KY (FHA|USDA|VA) 2 $240,000 $120,000 $2,766 4.69%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $225,000 $225,000 $2,974 4.88%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $205,000 $205,000 $2,832 4.75%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 2 $200,000 $100,000 $2,759 5.75%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $185,000 $185,000 $3,204 5.50%
    LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 1 $165,000 $165,000 $2,263 5.38%
    FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 1 $145,000 $145,000 $3,488 4.13%
    ASHEVILLE, NC (FHA|USDA|VA) 1 $135,000 $135,000 $2,646 5.50%
    Logansport, IN (FHA|USDA|VA) 1 $105,000 $105,000 $1,883 4.63%
    JONESBORO, AR (FHA|USDA|VA) 1 $105,000 $105,000 $2,329 4.88%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $105,000 $105,000 $0 0.00%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $95,000 $95,000 $0 0.00%
    Jesup, GA (FHA|USDA|VA) 1 $55,000 $55,000 $2,542 4.63%
    Crawfordsville, IN (FHA|USDA|VA) 1 $45,000 $45,000 $0 4.75%
    German American Bank's top markets include Bloomington, Evansville, Jasper, Washington, and Louisville among others.

    Their top states include:
  • Indiana (FHA|USDA|VA)
  • Kentucky (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against German American Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    CRANE
    Similarity Rank: 30
    Heritage Federal Credit Union
    Similarity Rank: 96
    Bank of Edmonson County
    Similarity Rank: 104
    EVANSVILLE
    Similarity Rank: 120
    The Peoples Bank
    Similarity Rank: 120
    Guardian Savings Bank, A Federal Savings Bank
    Similarity Rank: 162
    Edmonton State Bank
    Similarity Rank: 168
    Morgantown Bank & Trust Company, Incorporated
    Similarity Rank: 168
    Greenfield Banking Company
    Similarity Rank: 255
    First Federal Savings Bank
    Similarity Rank: 270

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    HELOC 1,268 $92,240,000 $72,744 n/a 4.99%
    Conventional 1,117 $195,435,000 $174,964 $2,157 4.80%
    FHA 80 $10,980,000 $137,250 $4,686 4.44%
    USDA 53 $6,035,000 $113,868 $3,453 4.25%
    VA 21 $3,965,000 $188,810 $5,282 4.12%

    For 2018, German American Bank's most frequently originated type of loan was HELOC, with 1,268 originations. Their 2nd most popular type was Conventional, with 1,117 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 983 $170,755,000 $173,708 $2,716 4.73%
    Refi 664 $75,570,000 $113,810 $1,483 4.91%
    Other 548 $33,530,000 $61,186 $1,085 4.70%
    Home Improvement 240 $12,850,000 $53,542 $1,165 5.15%
    Cash Out Refi 104 $15,950,000 $153,365 $2,586 4.72%

    For 2018, German American Bank's most frequently cited loan purpose was Home Purchase, with 983 originations. The 2nd most popular reason was Refi, with 664 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    10 Year 1,388 $116,700,000 $84,078 $500 4.89%
    30 Year 762 $127,520,000 $167,349 $2,798 4.66%
    15 Year 161 $22,855,000 $141,957 $2,357 4.60%
    20 Year 119 $28,655,000 $240,798 $2,375 4.94%
    Other 68 $8,680,000 $127,647 $726 5.45%
    1 Year 25 $3,455,000 $138,200 $1,069 5.43%
    5 Year 13 $575,000 $44,231 $313 5.47%
    3 Year 3 $215,000 $71,667 $223 6.22%

    For 2018, German American Bank's most frequently cited loan duration was 10 Year, with 1,388 originations. The 2nd most popular length was 30 Year, with 762 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 838 $129,380,000 $154,391
    $1k-2k 184 $27,000,000 $146,739
    $2k-3k 27 $6,135,000 $227,222
    $3k-4k 5 $1,575,000 $315,000
    $4k-5k 3 $545,000 $181,667
    $5k+ 1 $215,000 $215,000

    German American Bank's average total fees were $2,798, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 838 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 1,000 $169,180,000 $169,180
    5-6% 369 $45,145,000 $122,344
    3-4% 146 $24,000,000 $164,384
    6-7% 35 $2,545,000 $72,714
    7-8% 5 $345,000 $69,000
    2.5-3% 1 $125,000 $125,000
    Over 8% 1 $85,000 $85,000

    During 2018, German American Bank's average interest rate for loans was 4.66%, while their most frequently originated rate bucket for loans was 4-5%, with 1,000 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 1,443 $70,645,000 $48,957 $1,954 4.94%
    $100k-200k 721 $99,705,000 $138,287 $2,652 4.69%
    $200k-400k 303 $78,965,000 $260,611 $2,903 4.65%
    $400k-600k 45 $20,185,000 $448,556 $3,113 4.64%
    $600k-1MM 17 $12,885,000 $757,941 $2,553 4.68%
    $1MM+ 10 $26,270,000 $2,627,000 $3,538 4.67%

    2018 saw German American Bank place emphasis on $100,000 or less loans with 1,443 originations, totaling $70,645,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 630 $46,400,000 $73,651 $2,443 4.73%
    $50k-75k 566 $54,310,000 $95,954 $2,574 4.73%
    $100k-150k 418 $51,830,000 $123,995 $2,597 4.75%
    $75k-100k 408 $42,430,000 $103,995 $2,332 4.81%
    $150k-250k 214 $38,100,000 $178,037 $2,524 4.67%
    $250k+ 93 $25,265,000 $271,667 $2,330 4.83%

    German American Bank lent most frequently to those with incomes in the $50k or less range, with 630 originations. The second most popular income band? $50k-75k, with 566 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 734 $79,860,000 $108,801 $2,362 4.70%
    <20% 619 $50,885,000 $82,205 $1,855 4.72%
    30-36% 434 $51,400,000 $118,433 $2,415 4.68%
    37% 76 $7,690,000 $101,184 $2,699 4.72%
    36% 61 $7,855,000 $128,770 $2,227 4.69%
    38% 49 $6,515,000 $132,959 $2,923 4.62%
    43% 40 $4,790,000 $119,750 $2,630 4.86%
    44% 39 $7,885,000 $202,179 $2,840 4.46%
    41% 39 $5,345,000 $137,051 $2,731 4.57%
    39% 37 $6,695,000 $180,946 $2,595 4.64%
    45% 33 $5,445,000 $165,000 $2,803 4.55%
    40% 29 $3,955,000 $136,379 $3,172 4.58%
    50-60% 26 $3,090,000 $118,846 $4,231 4.59%
    42% 23 $3,645,000 $158,478 $2,559 4.83%
    47% 18 $2,830,000 $157,222 $3,082 4.51%
    48% 13 $2,155,000 $165,769 $3,473 4.38%
    49% 12 $1,890,000 $157,500 $2,362 4.98%
    46% 11 $2,725,000 $247,727 $3,051 4.61%
    >60% 10 $930,000 $93,000 $0 5.08%

    German American Bank lent most frequently to those with DTI ratios of 20-30%, with 734 originations. The next most common DTI ratio? <20%, with 619 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,376 $260,940,000 $109,823 $2,469 4.75%
    Not applicable 107 $38,505,000 $359,860 $0 5.41%
    Not provided 20 $3,520,000 $176,000 $2,289 4.57%
    Asian 18 $2,890,000 $160,556 $2,847 4.64%
    Black 10 $1,600,000 $160,000 $2,728 4.55%
    Native Hawaiian or Islander 3 $605,000 $201,667 $3,651 4.63%
    American Indian 2 $310,000 $155,000 $2,040 4.44%
    Asian Indian 1 $135,000 $135,000 $0 0.00%
    Other Asian 1 $125,000 $125,000 $0 0.00%
    Vietnamese 1 $25,000 $25,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    84.79%

    German American Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    84.52%

    German American Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,539 $308,655,000 $121,566

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 1 $75,000 $75,000
    Multifamily:Site-Built 59 $33,715,000 $571,441
    Single Family (1-4 Units):Manufactured 63 $3,595,000 $57,063
    Single Family (1-4 Units):Site-Built 2,416 $271,270,000 $112,281

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 531 $39,885,000 $75,113 $1,174 5.02%
    40-60% 319 $43,035,000 $134,906 $1,816 4.76%
    60-80% 539 $110,285,000 $204,610 $2,346 4.77%
    80-100% 591 $91,795,000 $155,321 $2,928 4.66%
    Over 100% 9 $3,115,000 $346,111 $4,882 4.49%
    Under 20% 549 $20,515,000 $37,368 $495 5.12%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    German American Bank 4541 North 4th Street Dubois, IN 47527 Full Service B&M $33,244
    German American Bank 10 Medical Plaza Drive Hanover, IN 47243 Full Service B&M $14,683
    German American Bank 100 Charles Street Loogootee, IN 47553 Full Service B&M $73,458
    German American Bank 101 North Third Street Vincennes, IN 47591 Full Service B&M $154,047
    German American Bank 1020 Main Street Ferdinand, IN 47532 Full Service B&M $56,832
    German American Bank 1025 State Road 62 Charlestown, IN 47111 Full Service B&M $7,524
    German American Bank 10525 Northwest Front Street Dupont, IN 47231 Full Service B&M $8,243
    German American Bank 1100 West Morton Street Oakland City, IN 47660 Full Service B&M $25,733
    German American Bank 1475 Veterans Pkwy, Suite 105 Jeffersonville, IN 47130 Full Service B&M $3,722
    German American Bank 1501 Highland Avenue Carrollton, KY 41008 Full Service B&M $3,923
    German American Bank 1502 I Street Bedford, IN 47421 Full Service B&M $43,502
    German American Bank 1508 12th Street Tell City, IN 47586 Full Service B&M $10,326
    German American Bank 17 Cherry Tree Plaza, Us Highway 50 East Washington, IN 47501 Full Service B&M $20,535
    German American Bank 1700 Willow Street Vincennes, IN 47591 Limited, Drive-thru $0
    German American Bank 1725 E. Tipton Street, Suite 100 Seymour, IN 47274 Full Service B&M $21,028
    German American Bank 1901 25th Street Columbus, IN 47201 Full Service B&M $14,287
    German American Bank 208 State Road 66 Tell City, IN 47586 Full Service B&M $10,464
    German American Bank 209 Third Avenue Jasper, IN 47546 Full Service B&M $35,767
    German American Bank 21 Se 3rd Street Evansville, IN 47708 Full Service B&M $4,383
    German American Bank 211 South College Avenue Bloomington, IN 47402 Full Service B&M $95,937
    German American Bank 220 N. State Street North Vernon, IN 47265 Full Service B&M $44,186
    German American Bank 231 West Broadway Princeton, IN 47670 Full Service B&M $54,367
    German American Bank 2310 Jonathan Moore Pike Columbus, IN 47201 Full Service B&M $10,301
    German American Bank 233 East Main Street Madison, IN 47250 Full Service B&M $59,453
    German American Bank 240 Jackson Street Columbus, IN 47201 Full Service B&M $26,227
    German American Bank 2606 West 16th Street Bedford, IN 47421 Full Service B&M $6,196
    German American Bank 2614 East 3rd Street Bloomington, IN 47401 Full Service B&M $47,883
    German American Bank 2675 Charlestown Rd New Albany, IN 47150 Full Service B&M $67,730
    German American Bank 2814 N Sixth Street Vincennes, IN 47591 Full Service B&M $13,212
    German American Bank 304 East Tenth Street Greensburg, IN 47240 Full Service B&M $19,964
    German American Bank 305 East Main Street Petersburg, IN 47567 Full Service B&M $98,838
    German American Bank 309 East 13th Street Huntingburg, IN 47542 Full Service B&M $66,014
    German American Bank 3300 North Green River Road Evansville, IN 47715 Full Service B&M $22,066
    German American Bank 3585 Newton Street Jasper, IN 47546 Full Service B&M $26,885
    German American Bank 3660 Paoli Pike Floyds Knobs, IN 47119 Full Service B&M $13,445
    German American Bank 3933 Venetian Dr Newburgh, IN 47630 Full Service B&M $47,434
    German American Bank 401 E Main St Madison, IN 47250 Limited, Drive-thru $0
    German American Bank 405 North Meridian Street Holland, IN 47541 Full Service B&M $27,439
    German American Bank 430 Clifty Drive Madison, IN 47250 Full Service B&M $161,651
    German American Bank 4424 Vogel Road Evansville, IN 47715 Full Service B&M $196,183
    German American Bank 504 North College Bloomington, IN 47404 Full Service B&M $59,017
    German American Bank 5138 West State Road 56 Ireland, IN 47545 Full Service B&M $26,583
    German American Bank 515 Dixie Lane Evansville, IN 47725 Full Service B&M $36,521
    German American Bank 529 Washington Street, Suite 100 Columbus, IN 47201 Full Service B&M $78,117
    German American Bank 530 North Saint Joseph Avenue Evansville, IN 47712 Full Service B&M $65,980
    German American Bank 560 South State Road 57 Washington, IN 47501 Full Service B&M $103,441
    German American Bank 567 Ivy Tech Drive Madison, IN 47250 Full Service B&M $8,816
    German American Bank 645 Main Street Tell City, IN 47586 Full Service B&M $102,672
    German American Bank 704 North 5th St Rockport, IN 47635 Full Service B&M $47,240
    German American Bank 711 Main Street Jasper, IN 47546 Full Service B&M $309,625
    German American Bank 7721 N. Cr 900 E. Montgomery, IN 47558 Full Service B&M $63,563
    German American Bank 8005 Highway 311 Sellersburg, IN 47172 Full Service B&M $36,057
    German American Bank 803 Washington Street Columbus, IN 47201 Limited, Drive-thru $0
    German American Bank 820 S. Buckeye Street Osgood, IN 47037 Full Service B&M $7,484
    German American Bank 8477 Bell Oaks Drive Newburgh, IN 47630 Full Service B&M $4,792
    German American Bank 961 South Hebron Avenue Evansville, IN 47715 Full Service B&M $10,570
    German American Bank Highway 231 And 2nd Street Jasper, IN 47546 Limited, Drive-thru $15,740

    For 2018, German American Bank had 57 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $133,627
    Net interest income $115,729
    Total noninterest income $36,376
    Gross Fiduciary activities income $4,466
    Service charges on deposit accounts $7,049
    Trading account gains and fees $48
    Additional Noninterest Income $24,813
    Pre-tax net operating income $58,492
    Securities gains (or losses, -) $706
    Income before extraordinary items $48,650
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $48,650
    Minority interest net income $0
    Net income $48,650
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $48,071

    German American Bank's gross interest income from loans was $133,627,000.
    German American Bank's net interest income from loans was $115,729,000.
    German American Bank's fee based income from loans was $7,049,000.
    German American Bank's net income from loans was $48,650,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $17,898
    Provision for credit losses $2,070
    Total noninterest expense $91,543
    Salaries and employee benefits $50,730
    Premises and equipment expense $10,871
    Additional noninterest expense $29,942
    Applicable income taxes $10,548
    Net charge-offs $1,941
    Cash dividends $7,000

    German American Bank's interest expense for loans was $17,898,000.
    German American Bank's payroll and benefits expense were $50,730,000.
    German American Bank's property, plant and equipment expenses $10,871,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.2%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $3,091,232
    Deposits held in domestic offices $3,091,232
    Deposits by Individuals, partnerships, and corporations $2,420,512
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $668,960
    Deposits by Commercial banks and other depository institutions in U.S. $1,760
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $725,608
    Demand deposits $725,396
    Nontransaction accounts $2,365,624
    Money market deposit accounts (MMDAs) $463,668
    Other savings deposits (excluding MMDAs) $1,313,023
    Total time deposits $588,933
    Total time and savings deposits $2,365,836
    Noninterest-bearing deposits $716,526
    Interest-bearing deposits $2,374,706
    Retail deposits $2,878,158
    IRAs and Keogh plan accounts $58,666
    Brokered deposits $91,615
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $3,921,959
    Cash & Balances due from depository institutions $93,884
    Interest-bearing balances $29,383
    Total securities $809,074
    Federal funds sold & reverse repurchase $0
    Net loans and leases $2,716,499
    Loan and leases loss allowance $15,823
    Trading account assets $1,713
    Bank premises and fixed assets $80,627
    Other real estate owned $286
    Goodwill and other intangibles $114,640
    All other assets $105,236

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $3,921,959
    Total Liabilities $3,452,040
    Total deposits $3,091,232
    Interest-bearing deposits $2,374,706
    Deposits held in domestic offices $3,091,232
    % insured (estimated) $62
    Federal funds purchased and repurchase agreements $54,774
    Trading liabilities $1,734
    Other borrowed funds $285,149
    Subordinated debt $0
    All other liabilities $19,151

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $2,716,499
    Loan and leases loss allowance $15,823
    Total loans and leases (domestic) $2,732,322
    All real estate loans $2,060,708
    Real estate loans in domestic offices $2,060,708
    Construction and development loans $147,168
    Residential 1-4 family construction $33,901
    Other construction, all land development and other land $113,267
    Loans secured by nonfarm nonresidential properties $854,600
    Nonfarm nonresidential secured by owner-occupied properties $265,671
    Commercial real estate & other non-farm, non-residential $588,929
    Multifamily residential real estate $160,310
    1-4 family residential loans $640,694
    Farmland loans $257,936
    Loans held in foreign offices $0
    Farm loans $106,743
    Commercial and industrial loans $430,247
    To non-U.S. addressees $0
    Loans to individuals $49,177
    Credit card loans $9,734
    Related Plans $2,280
    Consumer Auto Loans $22,915
    Other loans to individuals $14,248
    All other loans & leases $85,447
    Loans to foreign governments and official institutions $0
    Other loans $2,302
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $121
    Non 1-4 family restructured loans & leases $121
    Total loans and leases (foreign) $0

    German American Bank had $2,716,499,000 of loans outstanding in 2018. $2,060,708,000 of loans were in real estate loans. $147,168,000 of loans were in development loans. $160,310,000 of loans were in multifamily mortgage loans. $640,694,000 of loans were in 1-4 family mortgage loans. $106,743,000 of loans were in farm loans. $9,734,000 of loans were in credit card loans. $22,915,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 2,172 $364,417 $167,779
    Nonfarm, nonresidential loans - <$100k 869 $38,140 $43,890
    Nonfarm, nonresidential loans - $100-250k 666 $84,797 $127,323
    Nonfarm, nonresidential loans - $250k-1MM 637 $241,480 $379,089
    Commercial & Industrial, US addressed loans - <$1MM 2,493 $243,932 $97,847
    Commercial & Industrial, US addressed loans - <$100k 1,611 $49,814 $30,921
    Commercial & Industrial, US addressed loans - $100-250k 487 $56,525 $116,068
    Commercial & Industrial, US addressed loans - $250k-1MM 395 $137,593 $348,337
    Farmland loans - <$1MM 761 $95,232 $125,141
    Farmland loans - <$100k 293 $12,383 $42,263
    Farmland loans - $100-250k 319 $40,317 $126,386
    Farmland loans - $250k-1MM 149 $42,532 $285,450
    Agriculture operations loans - <$1MM 653 $68,207 $104,452
    Agriculture operations loans - <$100k 429 $17,358 $40,462
    Agriculture operations loans - $100-250k 138 $19,986 $144,826
    Agriculture operations loans - $250k-1MM 86 $30,863 $358,872