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: Evansville, Louisville, Jasper, Bloomington, and Columbus among others. We have data for 38 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% 12/3/24
    30 Year Conventional Purchase 6.77% 12/3/24
    30 Year Conventional Refi 6.73% 12/3/24
    30 Year Cash-out Refi 6.84% 12/3/24
    30 Year FHA Purchase 7.36% 12/3/24
    30 Year FHA Refi 8.09% 12/3/24
    30 Year VA Purchase 6.38% 12/3/24
    30 Year USDA Purchase 6.80% 12/3/24
    30 Year USDA Refi 6.27% 12/3/24
    15 Year Conventional Purchase 6.13% 12/3/24
    15 Year Conventional Refi 6.37% 12/3/24
    15 Year Cash-out Refi 6.37% 12/3/24
    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

    3,026

    Origination Dollar Volume (All Markets)

    $413,840,000

    Employee count

    821 Show all (18) 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
    EVANSVILLE, IN-KY (FHA|USDA|VA) 326 $58,240,000 $178,650 $2,706 2.93%
    Outside of Metro Areas 559 $51,735,000 $92,549 $2,428 2.95%
    LOUISVILLE, KY (FHA|USDA|VA) 164 $44,830,000 $273,354 $2,580 2.39%
    Jasper, IN (FHA|USDA|VA) 393 $42,165,000 $107,290 $2,406 2.73%
    BLOOMINGTON, IN (FHA|USDA|VA) 215 $41,525,000 $193,140 $2,739 3.28%
    COLUMBUS, IN (FHA|USDA|VA) 236 $36,760,000 $155,763 $2,598 3.00%
    Washington, IN (FHA|USDA|VA) 259 $24,225,000 $93,533 $2,373 2.86%
    Madison, IN (FHA|USDA|VA) 164 $23,660,000 $144,268 $2,908 2.27%
    OWENSBORO, KY (FHA|USDA|VA) 152 $17,210,000 $113,224 $3,010 2.75%
    BOWLING GREEN, KY (FHA|USDA|VA) 117 $15,945,000 $136,282 $2,962 2.84%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 74 $14,960,000 $202,162 $2,566 3.06%
    North Vernon, IN (FHA|USDA|VA) 66 $9,180,000 $139,091 $2,226 3.23%
    Vincennes, IN (FHA|USDA|VA) 103 $7,285,000 $70,728 $2,418 2.84%
    Seymour, IN (FHA|USDA|VA) 37 $5,515,000 $149,054 $2,455 3.59%
    Bedford, IN (FHA|USDA|VA) 45 $3,545,000 $78,778 $2,155 2.45%
    Greensburg, IN (FHA|USDA|VA) 26 $2,910,000 $111,923 $2,520 2.60%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 20 $2,850,000 $142,500 $3,194 3.07%
    Glasgow, KY (FHA|USDA|VA) 16 $1,990,000 $124,375 $2,915 3.96%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 6 $1,540,000 $256,667 $3,131 3.50%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 3 $1,055,000 $351,667 $5,494 4.10%
    TERRE HAUTE, IN (FHA|USDA|VA) 8 $890,000 $111,250 $1,691 2.38%
    Scottsburg, IN (FHA|USDA|VA) 7 $805,000 $115,000 $2,731 2.16%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $770,000 $385,000 $0 5.75%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $770,000 $385,000 $1,903 4.31%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 8 $620,000 $77,500 $1,873 2.88%
    LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 2 $600,000 $300,000 $2,115 4.56%
    Sevierville, TN (FHA|USDA|VA) 2 $470,000 $235,000 $3,589 4.13%
    Central City, KY (FHA|USDA|VA) 4 $330,000 $82,500 $3,580 3.09%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 1 $275,000 $275,000 $3,151 3.63%
    PANAMA CITY, FL (FHA|USDA|VA) 1 $235,000 $235,000 $3,478 3.63%
    CARBONDALE-MARION, IL (FHA|USDA|VA) 1 $225,000 $225,000 $2,991 4.38%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $185,000 $185,000 $2,497 4.00%
    KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $125,000 $125,000 $2,722 3.50%
    Connersville, IN (FHA|USDA|VA) 1 $115,000 $115,000 $4,060 3.63%
    Paducah, KY-IL (FHA|USDA|VA) 1 $105,000 $105,000 $0 4.13%
    ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 1 $105,000 $105,000 $0 6.50%
    KOKOMO, IN (FHA|USDA|VA) 1 $55,000 $55,000 $2,154 5.75%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $35,000 $35,000 $2,319 4.50%
    German American Bank's top markets include Evansville, Louisville, Jasper, Bloomington, and Columbus 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.

    EVANSVILLE
    Similarity Rank: 32
    CRANE
    Similarity Rank: 44
    The Friendship State Bank
    Similarity Rank: 70
    Heritage Federal Credit Union
    Similarity Rank: 72
    Edmonton State Bank
    Similarity Rank: 154
    Morgantown Bank & Trust Company, Incorporated
    Similarity Rank: 162
    Guardian Savings Bank, A Federal Savings Bank
    Similarity Rank: 360
    Advanz Federal Credit Union
    Similarity Rank: 360
    The Peoples Bank
    Similarity Rank: 400
    COMMONWEALTH
    Similarity Rank: 408

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,488 $295,560,000 $198,629 $2,346 4.38%
    HELOC 1,378 $94,920,000 $68,882 n/a 1.15%
    FHA 80 $11,380,000 $142,250 $4,939 3.91%
    USDA 53 $6,605,000 $124,623 $3,679 3.61%
    VA 27 $5,375,000 $199,074 $4,688 3.54%

    For 2019, German American Bank's most frequently originated type of loan was Conventional, with 1,488 originations. Their 2nd most popular type was HELOC, with 1,378 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,128 $221,270,000 $196,161 $2,713 4.13%
    Refi 802 $106,290,000 $132,531 $2,248 3.54%
    Other 575 $36,085,000 $62,757 $1,194 0.39%
    Home Improvement 346 $17,740,000 $51,272 $1,400 0.69%
    Cash Out Refi 175 $32,455,000 $185,457 $2,841 4.17%

    For 2019, German American Bank's most frequently cited loan purpose was Home Purchase, with 1,128 originations. The 2nd most popular reason was Refi, with 802 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    10 Year 1,462 $121,310,000 $82,975 $535 1.36%
    30 Year 1,046 $188,540,000 $180,249 $2,778 4.14%
    15 Year 223 $33,565,000 $150,516 $2,535 4.11%
    20 Year 132 $27,500,000 $208,333 $2,609 4.55%
    Other 69 $24,715,000 $358,188 $915 5.39%
    5 Year 57 $7,845,000 $137,632 $415 5.14%
    1 Year 30 $2,840,000 $94,667 $0 5.84%
    3 Year 6 $7,320,000 $1,220,000 $417 5.18%
    30+ year 1 $205,000 $205,000 $0 0.00%

    For 2019, German American Bank's most frequently cited loan duration was 10 Year, with 1,462 originations. The 2nd most popular length was 30 Year, with 1,046 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,120 $189,760,000 $169,429
    $1k-2k 208 $34,570,000 $166,202
    $2k-3k 31 $5,345,000 $172,419
    $3k-4k 7 $1,815,000 $259,286
    $4k-5k 4 $770,000 $192,500
    $5k+ 4 $1,450,000 $362,500

    German American Bank's average total fees were $2,778, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,120 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    <2.5% 1,092 $69,190,000 $63,361
    3-4% 726 $129,030,000 $177,727
    4-5% 675 $130,935,000 $193,978
    5-6% 458 $77,720,000 $169,694
    6-7% 61 $4,375,000 $71,721
    2.5-3% 13 $2,575,000 $198,077
    7-8% 1 $15,000 $15,000

    During 2019, German American Bank's average interest rate for loans was 4.14%, while their most frequently originated rate bucket for loans was <2.5%, with 1,092 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 1,601 $78,285,000 $48,898 $2,034 2.19%
    $100k-200k 889 $125,575,000 $141,254 $2,769 3.55%
    $200k-400k 433 $114,315,000 $264,007 $2,854 3.72%
    $400k-600k 78 $36,060,000 $462,308 $2,938 3.94%
    $1MM+ 13 $50,535,000 $3,887,308 $3,516 5.00%
    $600k-1MM 12 $9,070,000 $755,833 $2,522 4.65%

    2019 saw German American Bank place emphasis on $100,000 or less loans with 1,601 originations, totaling $78,285,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 725 $57,225,000 $78,931 $2,517 2.98%
    $50k-75k 698 $68,760,000 $98,510 $2,735 2.71%
    $75k-100k 483 $54,395,000 $112,619 $2,543 2.66%
    $100k-150k 438 $61,670,000 $140,799 $2,536 2.68%
    $150k-250k 255 $47,775,000 $187,353 $2,571 2.53%
    $250k+ 143 $39,405,000 $275,559 $2,789 2.79%

    German American Bank lent most frequently to those with incomes in the $50k or less range, with 725 originations. The second most popular income band? $50k-75k, with 698 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 882 $99,680,000 $113,016 $2,490 2.59%
    <20% 726 $70,030,000 $96,460 $2,215 1.87%
    30-36% 528 $62,800,000 $118,939 $2,554 2.65%
    37% 92 $10,970,000 $119,239 $2,457 3.08%
    36% 82 $10,480,000 $127,805 $2,556 2.99%
    38% 52 $7,190,000 $138,269 $3,135 3.31%
    39% 51 $8,335,000 $163,431 $2,754 3.64%
    42% 47 $10,155,000 $216,064 $2,718 3.98%
    41% 43 $7,095,000 $165,000 $2,607 4.07%
    43% 42 $7,390,000 $175,952 $2,944 4.20%
    40% 41 $6,805,000 $165,976 $2,722 4.04%
    50-60% 33 $4,255,000 $128,939 $3,687 3.01%
    44% 31 $5,695,000 $183,710 $3,192 4.23%
    45% 26 $4,310,000 $165,769 $2,797 3.70%
    48% 26 $4,560,000 $175,385 $3,135 3.69%
    46% 17 $3,735,000 $219,706 $2,886 4.12%
    47% 17 $2,725,000 $160,294 $3,445 3.82%
    49% 10 $1,990,000 $199,000 $3,019 3.65%
    >60% 9 $1,145,000 $127,222 $2,251 5.29%

    German American Bank lent most frequently to those with DTI ratios of 20-30%, with 882 originations. The next most common DTI ratio? <20%, with 726 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,787 $330,365,000 $118,538 $2,584 2.74%
    Not applicable 157 $68,605,000 $436,975 $0 5.19%
    Not provided 23 $4,965,000 $215,870 $3,108 3.90%
    Asian 25 $4,905,000 $196,200 $2,509 3.00%
    Black 26 $2,820,000 $108,462 $2,595 2.94%
    Asian Indian 4 $1,830,000 $457,500 $3,052 3.47%
    American Indian 3 $325,000 $108,333 $6,245 1.38%
    Korean 1 $25,000 $25,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    83.21%

    German American Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    81.69%

    German American Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 3,026 $413,840,000 $136,761

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 3 $825,000 $275,000
    Multifamily:Site-Built 101 $64,295,000 $636,584
    Single Family (1-4 Units):Manufactured 79 $5,235,000 $66,266
    Single Family (1-4 Units):Site-Built 2,843 $343,485,000 $120,818

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 573 $48,025,000 $83,813 $1,594 1.95%
    40-60% 364 $51,040,000 $140,220 $2,184 3.11%
    60-80% 661 $152,485,000 $230,688 $2,546 3.82%
    80-100% 764 $133,400,000 $174,607 $2,879 3.94%
    Over 100% 5 $1,325,000 $265,000 $5,864 4.12%
    Under 20% 658 $27,410,000 $41,657 $362 1.36%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    German American Bank 10 Medical Plaza Drive Hanover, IN 47243 Full Service B&M $15,834
    German American Bank 100 Charles Street Loogootee, IN 47553 Full Service B&M $76,736
    German American Bank 101 North Third Street Vincennes, IN 47591 Full Service B&M $168,619
    German American Bank 1018 Chestnut St Bowling Green, KY 42101 Full Service B&M $37,738
    German American Bank 1020 Main Street Ferdinand, IN 47532 Full Service B&M $59,511
    German American Bank 10525 Northwest Front Street Dupont, IN 47231 Full Service B&M $11,654
    German American Bank 1100 West Morton Street Oakland City, IN 47660 Full Service B&M $29,261
    German American Bank 1475 Veterans Pkwy, Suite 105 Jeffersonville, IN 47130 Full Service B&M $4,936
    German American Bank 1502 I Street Bedford, IN 47421 Full Service B&M $39,813
    German American Bank 1508 12th Street Tell City, IN 47586 Full Service B&M $11,738
    German American Bank 17 Cherry Tree Plaza, Us Highway 50 East Washington, IN 47501 Full Service B&M $25,300
    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 $13,831
    German American Bank 1901 25th Street Columbus, IN 47201 Full Service B&M $15,771
    German American Bank 208 State Road 66 Tell City, IN 47586 Full Service B&M $11,576
    German American Bank 209 Third Avenue Jasper, IN 47546 Full Service B&M $35,898
    German American Bank 21 Se 3rd Street Evansville, IN 47708 Full Service B&M $37,599
    German American Bank 211 South College Avenue Bloomington, IN 47402 Full Service B&M $102,053
    German American Bank 220 N. State Street North Vernon, IN 47265 Full Service B&M $63,068
    German American Bank 231 West Broadway Princeton, IN 47670 Full Service B&M $71,862
    German American Bank 2310 Jonathan Moore Pike Columbus, IN 47201 Full Service B&M $10,455
    German American Bank 233 East Main Street Madison, IN 47250 Full Service B&M $59,414
    German American Bank 2352 Sir Barton Way Lexington, KY 40509 Full Service B&M $8,764
    German American Bank 240 Jackson Street Columbus, IN 47201 Full Service B&M $31,161
    German American Bank 2606 West 16th Street Bedford, IN 47421 Full Service B&M $8,346
    German American Bank 2614 East 3rd Street Bloomington, IN 47401 Full Service B&M $46,144
    German American Bank 2675 Charlestown Rd New Albany, IN 47150 Full Service B&M $73,457
    German American Bank 2814 N Sixth Street Vincennes, IN 47591 Full Service B&M $14,372
    German American Bank 2825 Scottsville Road, Suite 2 Bowling Green, KY 42104 Full Service B&M $31,529
    German American Bank 303 North Main Street Franklin, KY 42135 Full Service B&M $38,119
    German American Bank 304 East Tenth Street Greensburg, IN 47240 Full Service B&M $22,684
    German American Bank 305 East Main Street Petersburg, IN 47567 Full Service B&M $104,004
    German American Bank 309 East 13th Street Huntingburg, IN 47542 Full Service B&M $62,953
    German American Bank 313 Frederica Street Owensboro, KY 42301 Full Service B&M $71,854
    German American Bank 3264 Highway 54 Owensboro, KY 42303 Full Service B&M $637
    German American Bank 3300 North Green River Road Evansville, IN 47715 Full Service B&M $22,319
    German American Bank 345 Ruccio Way Lexington, KY 40503 Full Service B&M $8,577
    German American Bank 3537 E 10th St Jeffersonville, IN 47130 Full Service B&M $25,700
    German American Bank 3560 South Frederica Owensboro, KY 42301 Full Service B&M $50,184
    German American Bank 3585 Newton Street Jasper, IN 47546 Full Service B&M $27,855
    German American Bank 3660 Paoli Pike Floyds Knobs, IN 47119 Full Service B&M $13,372
    German American Bank 3933 Venetian Dr Newburgh, IN 47630 Full Service B&M $53,065
    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 $28,272
    German American Bank 430 Clifty Drive Madison, IN 47250 Full Service B&M $150,156
    German American Bank 4424 Vogel Road Evansville, IN 47715 Full Service B&M $233,050
    German American Bank 4541 North 4th Street Dubois, IN 47527 Full Service B&M $40,838
    German American Bank 504 North College Bloomington, IN 47404 Full Service B&M $66,409
    German American Bank 5138 West State Road 56 Ireland, IN 47545 Full Service B&M $25,566
    German American Bank 515 Dixie Lane Evansville, IN 47725 Full Service B&M $36,306
    German American Bank 529 Washington Street, Suite 100 Columbus, IN 47201 Full Service B&M $79,192
    German American Bank 530 North Saint Joseph Avenue Evansville, IN 47712 Full Service B&M $67,992
    German American Bank 560 South State Road 57 Washington, IN 47501 Full Service B&M $103,600
    German American Bank 567 Ivy Tech Drive Madison, IN 47250 Full Service B&M $8,262
    German American Bank 645 Main Street Tell City, IN 47586 Full Service B&M $101,934
    German American Bank 704 North 5th St Rockport, IN 47635 Full Service B&M $32,241
    German American Bank 711 Main Street Jasper, IN 47546 Full Service B&M $386,606
    German American Bank 771 Campbell Lane Bowling Green, KY 42104 Full Service B&M $15,787
    German American Bank 7721 N. Cr 900 E. Montgomery, IN 47558 Full Service B&M $60,108
    German American Bank 8005 Highway 311 Sellersburg, IN 47172 Full Service B&M $47,013
    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 $7,469
    German American Bank 8477 Bell Oaks Drive Newburgh, IN 47630 Full Service B&M $25,851
    German American Bank 961 South Hebron Avenue Evansville, IN 47715 Full Service B&M $12,019
    German American Bank Highway 231 And 2nd Street Jasper, IN 47546 Limited, Drive-thru $16,587

    For 2019, German American Bank had 65 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $176,328
    Net interest income $147,768
    Total noninterest income $44,256
    Gross Fiduciary activities income $4,861
    Service charges on deposit accounts $8,722
    Trading account gains and fees $429
    Additional Noninterest Income $30,244
    Pre-tax net operating income $74,153
    Securities gains (or losses, -) $1,248
    Income before extraordinary items $61,697
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $61,697
    Minority interest net income $0
    Net income $61,697
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $60,673

    German American Bank's gross interest income from loans was $176,328,000.
    German American Bank's net interest income from loans was $147,768,000.
    German American Bank's fee based income from loans was $8,722,000.
    German American Bank's net income from loans was $61,697,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $28,560
    Provision for credit losses $5,325
    Total noninterest expense $112,546
    Salaries and employee benefits $63,354
    Premises and equipment expense $13,769
    Additional noninterest expense $35,423
    Applicable income taxes $13,704
    Net charge-offs $4,870
    Cash dividends $45,000

    German American Bank's interest expense for loans was $28,560,000.
    German American Bank's payroll and benefits expense were $63,354,000.
    German American Bank's property, plant and equipment expenses $13,769,000.

    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 0.3%
    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 $3,473,203
    Deposits held in domestic offices $3,473,203
    Deposits by Individuals, partnerships, and corporations $2,788,922
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $683,596
    Deposits by Commercial banks and other depository institutions in U.S. $685
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $832,243
    Demand deposits $832,166
    Nontransaction accounts $2,640,960
    Money market deposit accounts (MMDAs) $502,177
    Other savings deposits (excluding MMDAs) $1,507,386
    Total time deposits $631,396
    Total time and savings deposits $2,641,037
    Noninterest-bearing deposits $833,492
    Interest-bearing deposits $2,639,711
    Retail deposits $3,324,768
    IRAs and Keogh plan accounts $70,464
    Brokered deposits $14,582
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $4,385,485
    Cash & Balances due from depository institutions $102,028
    Interest-bearing balances $42,126
    Total securities $851,516
    Federal funds sold & reverse repurchase $0
    Net loans and leases $3,078,526
    Loan and leases loss allowance $16,278
    Trading account assets $2,607
    Bank premises and fixed assets $96,651
    Other real estate owned $425
    Goodwill and other intangibles $134,625
    All other assets $119,107

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $4,385,485
    Total Liabilities $3,808,154
    Total deposits $3,473,203
    Interest-bearing deposits $2,639,711
    Deposits held in domestic offices $3,473,203
    % insured (estimated) $62
    Federal funds purchased and repurchase agreements $43,736
    Trading liabilities $2,829
    Other borrowed funds $260,079
    Subordinated debt $0
    All other liabilities $28,307

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $3,078,526
    Loan and leases loss allowance $16,278
    Total loans and leases (domestic) $3,094,804
    All real estate loans $2,450,655
    Real estate loans in domestic offices $2,450,655
    Construction and development loans $189,148
    Residential 1-4 family construction $52,739
    Other construction, all land development and other land $136,409
    Loans secured by nonfarm nonresidential properties $906,114
    Nonfarm nonresidential secured by owner-occupied properties $360,731
    Commercial real estate & other non-farm, non-residential $545,383
    Multifamily residential real estate $235,923
    1-4 family residential loans $773,343
    Farmland loans $346,127
    Loans held in foreign offices $0
    Farm loans $51,605
    Commercial and industrial loans $466,143
    To non-U.S. addressees $0
    Loans to individuals $48,529
    Credit card loans $11,953
    Related Plans $2,251
    Consumer Auto Loans $18,413
    Other loans to individuals $15,912
    All other loans & leases $77,872
    Loans to foreign governments and official institutions $0
    Other loans $868
    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 $116
    Non 1-4 family restructured loans & leases $116
    Total loans and leases (foreign) $0

    German American Bank had $3,078,526,000 of loans outstanding in 2019. $2,450,655,000 of loans were in real estate loans. $189,148,000 of loans were in development loans. $235,923,000 of loans were in multifamily mortgage loans. $773,343,000 of loans were in 1-4 family mortgage loans. $51,605,000 of loans were in farm loans. $11,953,000 of loans were in credit card loans. $18,413,000 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 1,596 $304,360 $190,702
    Nonfarm, nonresidential loans - <$100k 486 $20,239 $41,644
    Nonfarm, nonresidential loans - $100-250k 532 $64,946 $122,079
    Nonfarm, nonresidential loans - $250k-1MM 578 $219,175 $379,196
    Commercial & Industrial, US addressed loans - <$1MM 2,462 $245,023 $99,522
    Commercial & Industrial, US addressed loans - <$100k 1,597 $47,039 $29,455
    Commercial & Industrial, US addressed loans - $100-250k 470 $54,295 $115,521
    Commercial & Industrial, US addressed loans - $250k-1MM 395 $143,689 $363,770
    Farmland loans - <$1MM 1,080 $142,463 $131,910
    Farmland loans - <$100k 469 $22,170 $47,271
    Farmland loans - $100-250k 379 $48,894 $129,008
    Farmland loans - $250k-1MM 232 $71,399 $307,754
    Agriculture operations loans - <$1MM 512 $36,072 $70,453
    Agriculture operations loans - <$100k 387 $11,098 $28,677
    Agriculture operations loans - $100-250k 79 $10,671 $135,076
    Agriculture operations loans - $250k-1MM 46 $14,303 $310,935