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™
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    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • 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 Refi and Home Purchase 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, Bloomington, Jasper, Louisville, and Bowling Green among others. We have data for 42 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

    4,043

    Origination Dollar Volume (All Markets)

    $611,685,000

    Employee count

    776 Show all (16) 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) 507 $95,165,000 $187,702 $2,471 2.51%
    BLOOMINGTON, IN (FHA|USDA|VA) 292 $78,860,000 $270,068 $2,905 2.20%
    Outside of Metro Areas 711 $73,745,000 $103,720 $2,353 2.22%
    Jasper, IN (FHA|USDA|VA) 550 $68,530,000 $124,600 $2,279 2.42%
    LOUISVILLE, KY (FHA|USDA|VA) 296 $50,780,000 $171,554 $2,524 1.90%
    BOWLING GREEN, KY (FHA|USDA|VA) 221 $45,115,000 $204,140 $2,846 2.33%
    COLUMBUS, IN (FHA|USDA|VA) 220 $35,180,000 $159,909 $2,544 2.03%
    OWENSBORO, KY (FHA|USDA|VA) 199 $28,275,000 $142,085 $2,902 2.51%
    Madison, IN (FHA|USDA|VA) 251 $27,555,000 $109,781 $2,276 2.34%
    Washington, IN (FHA|USDA|VA) 232 $26,840,000 $115,690 $2,134 2.62%
    Vincennes, IN (FHA|USDA|VA) 142 $15,850,000 $111,620 $2,198 2.86%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 74 $13,910,000 $187,973 $2,844 2.16%
    North Vernon, IN (FHA|USDA|VA) 51 $9,975,000 $195,588 $2,169 2.04%
    Glasgow, KY (FHA|USDA|VA) 78 $7,250,000 $92,949 $2,794 2.07%
    Bedford, IN (FHA|USDA|VA) 59 $6,645,000 $112,627 $2,318 2.18%
    Seymour, IN (FHA|USDA|VA) 49 $6,525,000 $133,163 $2,675 2.73%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 28 $5,900,000 $210,714 $2,857 2.95%
    Connersville, IN (FHA|USDA|VA) 1 $2,805,000 $2,805,000 $0 3.79%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 11 $1,825,000 $165,909 $2,865 1.71%
    Greensburg, IN (FHA|USDA|VA) 19 $1,475,000 $77,632 $2,155 1.13%
    ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 12 $1,390,000 $115,833 $2,772 3.03%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 5 $1,305,000 $261,000 $3,238 3.18%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $1,200,000 $600,000 $7,754 3.67%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 3 $725,000 $241,667 $4,105 2.67%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 2 $540,000 $270,000 $1,535 3.17%
    TERRE HAUTE, IN (FHA|USDA|VA) 6 $530,000 $88,333 $2,075 3.83%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $425,000 $425,000 $2,937 3.88%
    CARBONDALE-MARION, IL (FHA|USDA|VA) 2 $410,000 $205,000 $2,499 3.00%
    Scottsburg, IN (FHA|USDA|VA) 4 $370,000 $92,500 $2,519 2.13%
    KNOXVILLE, TN (FHA|USDA|VA) 1 $345,000 $345,000 $3,521 3.13%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $325,000 $325,000 $2,135 2.99%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $305,000 $305,000 $6,944 2.50%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $295,000 $295,000 $3,622 3.13%
    RALEIGH-CARY, NC (FHA|USDA|VA) 1 $225,000 $225,000 $2,775 3.13%
    PANAMA CITY, FL (FHA|USDA|VA) 1 $225,000 $225,000 $3,577 2.50%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 2 $220,000 $110,000 $2,214 1.31%
    Somerset, KY (FHA|USDA|VA) 1 $205,000 $205,000 $2,480 2.88%
    MOBILE, AL (FHA|USDA|VA) 1 $135,000 $135,000 $2,732 3.38%
    ASHEVILLE, NC (FHA|USDA|VA) 1 $115,000 $115,000 $2,828 2.63%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 2 $110,000 $55,000 $4,150 1.38%
    Frankfort, IN (FHA|USDA|VA) 1 $65,000 $65,000 $1,870 3.88%
    Richmond-Berea, KY (FHA|USDA|VA) 1 $15,000 $15,000 $0 0.00%
    German American Bank's top markets include Evansville, Bloomington, Jasper, Louisville, and Bowling Green 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: 60
    BOONVILLE FEDERAL SAVINGS BANK
    Similarity Rank: 126
    The Elberfeld State Bank
    Similarity Rank: 130
    SERVICE ONE
    Similarity Rank: 154
    United Fidelity Bank, fsb
    Similarity Rank: 165
    Heritage Federal Credit Union
    Similarity Rank: 180
    Morgantown Bank & Trust Company, Incorporated
    Similarity Rank: 186
    Edmonton State Bank
    Similarity Rank: 204
    Hendricks County Bank and Trust Company
    Similarity Rank: 376
    Independent Federal Credit Union
    Similarity Rank: 441

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,159 $451,465,000 $209,108 $2,269 3.35%
    HELOC 1,706 $133,060,000 $77,995 n/a 0.97%
    FHA 103 $15,185,000 $147,427 $5,147 3.07%
    USDA 51 $6,935,000 $135,980 $3,889 2.92%
    VA 24 $5,040,000 $210,000 $6,115 3.04%

    For 2020, German American Bank's most frequently originated type of loan was Conventional, with 2,159 originations. Their 2nd most popular type was HELOC, with 1,706 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 1,531 $286,005,000 $186,809 $2,148 2.80%
    Home Purchase 1,167 $196,855,000 $168,685 $2,803 3.30%
    Other 676 $50,760,000 $75,089 $1,755 0.22%
    Home Improvement 382 $25,090,000 $65,681 $540 0.47%
    Cash Out Refi 287 $52,975,000 $184,582 $2,841 3.28%

    For 2020, German American Bank's most frequently cited loan purpose was Refi, with 1,531 originations. The 2nd most popular reason was Home Purchase, with 1,167 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    10 Year 1,780 $182,180,000 $102,348 $379 1.03%
    30 Year 1,330 $247,930,000 $186,414 $2,776 3.28%
    15 Year 503 $86,375,000 $171,720 $2,484 3.01%
    20 Year 189 $54,465,000 $288,175 $2,434 3.53%
    Other 164 $18,820,000 $114,756 $794 4.13%
    5 Year 38 $15,850,000 $417,105 $408 4.73%
    1 Year 34 $4,430,000 $130,294 $1,170 4.30%
    3 Year 5 $1,635,000 $327,000 $0 4.55%

    For 2020, German American Bank's most frequently cited loan duration was 10 Year, with 1,780 originations. The 2nd most popular length was 30 Year, with 1,330 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,775 $315,565,000 $177,783
    $1k-2k 214 $31,840,000 $148,785
    $2k-3k 56 $11,470,000 $204,821
    $3k-4k 20 $4,970,000 $248,500
    $4k-5k 12 $2,960,000 $246,667
    $5k+ 9 $2,295,000 $255,000

    German American Bank's average total fees were $2,776, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,775 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    <2.5% 1,441 $128,675,000 $89,296
    3-4% 1,285 $246,715,000 $191,996
    2.5-3% 866 $157,230,000 $181,559
    4-5% 393 $74,555,000 $189,707
    5-6% 54 $4,410,000 $81,667
    6-7% 4 $100,000 $25,000

    During 2020, German American Bank's average interest rate for loans was 3.28%, while their most frequently originated rate bucket for loans was <2.5%, with 1,441 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 1,833 $92,725,000 $50,586 $1,921 1.79%
    $100k-200k 1,391 $196,875,000 $141,535 $2,567 2.75%
    $200k-400k 639 $168,035,000 $262,966 $2,823 2.76%
    $400k-600k 141 $66,235,000 $469,752 $2,856 2.89%
    $1MM+ 24 $76,060,000 $3,169,167 $1,649 3.67%
    $600k-1MM 15 $11,755,000 $783,667 $2,919 3.84%

    2020 saw German American Bank place emphasis on $100,000 or less loans with 1,833 originations, totaling $92,725,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 997 $83,095,000 $83,345 $2,413 2.60%
    $50k-75k 813 $91,645,000 $112,724 $2,694 2.35%
    $100k-150k 712 $104,080,000 $146,180 $2,369 1.97%
    $75k-100k 573 $74,215,000 $129,520 $2,520 2.17%
    $150k-250k 381 $77,775,000 $204,134 $2,581 1.87%
    $250k+ 204 $55,690,000 $272,990 $2,532 1.94%

    German American Bank lent most frequently to those with incomes in the $50k or less range, with 997 originations. The second most popular income band? $50k-75k, with 813 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,137 $150,815,000 $132,643 $2,425 2.13%
    <20% 1,113 $130,035,000 $116,833 $2,163 1.60%
    30-36% 695 $90,865,000 $130,741 $2,527 2.29%
    37% 117 $15,635,000 $133,632 $2,334 2.31%
    36% 115 $15,145,000 $131,696 $2,397 2.31%
    38% 78 $10,950,000 $140,385 $2,592 3.21%
    41% 67 $9,285,000 $138,582 $2,340 3.33%
    39% 65 $9,985,000 $153,615 $2,634 3.23%
    40% 64 $10,060,000 $157,188 $2,774 3.32%
    42% 56 $8,470,000 $151,250 $2,652 3.31%
    45% 53 $10,785,000 $203,491 $3,026 3.09%
    44% 46 $8,120,000 $176,522 $2,616 3.32%
    43% 44 $7,760,000 $176,364 $2,926 3.24%
    48% 34 $6,010,000 $176,765 $3,587 3.17%
    46% 34 $6,250,000 $183,824 $2,608 3.07%
    47% 28 $5,290,000 $188,929 $3,226 3.05%
    50-60% 17 $3,015,000 $177,353 $4,792 2.33%
    49% 13 $1,855,000 $142,692 $3,240 3.40%
    >60% 3 $205,000 $68,333 $0 0.00%

    German American Bank lent most frequently to those with DTI ratios of 20-30%, with 1,137 originations. The next most common DTI ratio? <20%, with 1,113 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 3,747 $490,765,000 $130,975 $2,481 2.23%
    Not applicable 158 $97,420,000 $616,582 $335 4.35%
    Not provided 58 $11,410,000 $196,724 $2,846 2.92%
    Asian 23 $5,595,000 $243,261 $2,769 2.33%
    Black 40 $3,840,000 $96,000 $2,707 2.62%
    American Indian 9 $1,425,000 $158,333 $2,471 2.63%
    Asian Indian 6 $950,000 $158,333 $7,560 1.19%
    Native Hawaiian or Islander 2 $280,000 $140,000 $2,492 3.44%

    Approval Rates

    Total approvals of all applications
    87.17%

    German American Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    78.31%

    German American Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 4,043 $611,685,000 $151,295

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 1 $225,000 $225,000
    Multifamily:Site-Built 101 $90,805,000 $899,059
    Single Family (1-4 Units):Manufactured 76 $5,190,000 $68,289
    Single Family (1-4 Units):Site-Built 3,865 $515,465,000 $133,367

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 752 $71,750,000 $95,412 $1,612 1.63%
    40-60% 644 $127,570,000 $198,090 $2,110 2.43%
    60-80% 1,001 $212,165,000 $211,953 $2,426 2.96%
    80-100% 837 $167,705,000 $200,364 $2,984 3.13%
    Over 100% 6 $1,180,000 $196,667 $7,909 2.94%
    Under 20% 801 $31,185,000 $38,933 $649 1.29%

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    Greenway Mortgage Funding Corp. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 100.0%

    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 $20,204
    German American Bank 100 Charles Street Loogootee, IN 47553 Full Service B&M $84,020
    German American Bank 101 North Third Street Vincennes, IN 47591 Full Service B&M $155,918
    German American Bank 1020 Main Street Ferdinand, IN 47532 Full Service B&M $75,003
    German American Bank 1100 West Morton Street Oakland City, IN 47660 Full Service B&M $31,953
    German American Bank 1200 South Main Street Franklin, KY 42134 Full Service B&M $42,634
    German American Bank 1475 Veterans Pkwy, Suite 105 Jeffersonville, IN 47130 Full Service B&M $7,947
    German American Bank 1502 I Street Bedford, IN 47421 Full Service B&M $44,268
    German American Bank 1508 12th Street Tell City, IN 47586 Full Service B&M $13,818
    German American Bank 17 Cherry Tree Plaza, Us Highway 50 East Washington, IN 47501 Full Service B&M $32,825
    German American Bank 1700 Scottsville Road Bowling Green, KY 42103 Full Service B&M $45,031
    German American Bank 1725 E. Tipton Street, Suite 100 Seymour, IN 47274 Full Service B&M $19,437
    German American Bank 1805 Campbell Lane Bowling Green, KY 42104 Full Service B&M $80,666
    German American Bank 1901 25th Street Columbus, IN 47201 Full Service B&M $22,857
    German American Bank 2 N. Green Street Henderson, KY 42420 Full Service B&M $6,462
    German American Bank 204 Main Street Horse Cave, KY 42749 Full Service B&M $55,283
    German American Bank 208 State Road 66 Tell City, IN 47586 Full Service B&M $14,669
    German American Bank 209 Third Avenue Jasper, IN 47546 Full Service B&M $44,676
    German American Bank 21 Se 3rd Street Evansville, IN 47708 Full Service B&M $40,064
    German American Bank 211 South College Avenue Bloomington, IN 47402 Full Service B&M $116,655
    German American Bank 220 N. State Street North Vernon, IN 47265 Full Service B&M $80,954
    German American Bank 231 West Broadway Princeton, IN 47670 Full Service B&M $67,437
    German American Bank 2310 Jonathan Moore Pike Columbus, IN 47201 Full Service B&M $15,980
    German American Bank 233 East Main Street Madison, IN 47250 Full Service B&M $57,555
    German American Bank 2352 Sir Barton Way Lexington, KY 40509 Full Service B&M $15,706
    German American Bank 240 Jackson Street Columbus, IN 47201 Full Service B&M $141,531
    German American Bank 2606 West 16th Street Bedford, IN 47421 Full Service B&M $11,008
    German American Bank 2614 East 3rd Street Bloomington, IN 47401 Full Service B&M $84,747
    German American Bank 2675 Charlestown Rd New Albany, IN 47150 Full Service B&M $82,407
    German American Bank 2814 N Sixth Street Vincennes, IN 47591 Full Service B&M $18,791
    German American Bank 2825 Scottsville Road, Suite 2 Bowling Green, KY 42104 Full Service B&M $33,568
    German American Bank 303 North Main Street Franklin, KY 42135 Full Service B&M $42,924
    German American Bank 304 East Tenth Street Greensburg, IN 47240 Full Service B&M $28,437
    German American Bank 305 East Main Street Petersburg, IN 47567 Full Service B&M $110,491
    German American Bank 309 East 13th Street Huntingburg, IN 47542 Full Service B&M $64,977
    German American Bank 313 Frederica Street Owensboro, KY 42301 Full Service B&M $86,398
    German American Bank 3264 Highway 54 Owensboro, KY 42303 Full Service B&M $11,981
    German American Bank 3300 North Green River Road Evansville, IN 47715 Full Service B&M $27,469
    German American Bank 345 Ruccio Way Lexington, KY 40503 Full Service B&M $9,436
    German American Bank 3537 E 10th St Jeffersonville, IN 47130 Full Service B&M $31,650
    German American Bank 3560 South Frederica Owensboro, KY 42301 Full Service B&M $50,586
    German American Bank 3585 Newton Street Jasper, IN 47546 Full Service B&M $33,102
    German American Bank 3660 Paoli Pike Floyds Knobs, IN 47119 Full Service B&M $14,513
    German American Bank 3933 Venetian Dr Newburgh, IN 47630 Full Service B&M $60,834
    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 $32,531
    German American Bank 430 Clifty Drive Madison, IN 47250 Full Service B&M $175,922
    German American Bank 4424 Vogel Road Evansville, IN 47715 Full Service B&M $286,739
    German American Bank 4541 North 4th Street Dubois, IN 47527 Full Service B&M $37,186
    German American Bank 504 North College Bloomington, IN 47404 Full Service B&M $121,548
    German American Bank 5138 West State Road 56 Ireland, IN 47545 Full Service B&M $30,025
    German American Bank 515 Dixie Lane Evansville, IN 47725 Full Service B&M $47,571
    German American Bank 530 North Saint Joseph Avenue Evansville, IN 47712 Full Service B&M $82,540
    German American Bank 560 South State Road 57 Washington, IN 47501 Full Service B&M $131,596
    German American Bank 567 Ivy Tech Drive Madison, IN 47250 Full Service B&M $8,951
    German American Bank 607 South L. Rogers Wells Boulevard Glasgow, KY 42141 Full Service B&M $26,506
    German American Bank 645 Main Street Tell City, IN 47586 Full Service B&M $129,530
    German American Bank 656 North Main Street Munfordville, KY 42765 Full Service B&M $36,715
    German American Bank 704 North 5th St Rockport, IN 47635 Full Service B&M $31,565
    German American Bank 711 Main Street Jasper, IN 47546 Full Service B&M $379,287
    German American Bank 760 West Cherry Street Glasgow, KY 42141 Full Service B&M $33,084
    German American Bank 771 Campbell Lane Bowling Green, KY 42104 Full Service B&M $20,117
    German American Bank 7721 N. Cr 900 E. Montgomery, IN 47558 Full Service B&M $59,462
    German American Bank 8005 Highway 311 Sellersburg, IN 47172 Full Service B&M $79,278
    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 $7,663
    German American Bank 8477 Bell Oaks Drive Newburgh, IN 47630 Full Service B&M $14,187
    German American Bank 961 South Hebron Avenue Evansville, IN 47715 Full Service B&M $18,540
    German American Bank 987 Lehman Avenue Bowling Green, KY 42104 Full Service B&M $96,057
    German American Bank Highway 231 And 2nd Street Jasper, IN 47546 Limited, Drive-thru $21,398

    For 2020, German American Bank had 70 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $174,291
    Net interest income $157,965
    Total noninterest income $50,368
    Gross Fiduciary activities income $5,518
    Service charges on deposit accounts $7,337
    Trading account gains and fees $268
    Additional Noninterest Income $37,245
    Pre-tax net operating income $74,488
    Securities gains (or losses, -) $4,081
    Income before extraordinary items $63,822
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $63,822
    Minority interest net income $0
    Net income $63,822
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $60,516

    German American Bank's gross interest income from loans was $174,291,000.
    German American Bank's net interest income from loans was $157,965,000.
    German American Bank's fee based income from loans was $7,337,000.
    German American Bank's net income from loans was $63,822,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $16,326
    Provision for credit losses $17,550
    Total noninterest expense $116,295
    Salaries and employee benefits $67,613
    Premises and equipment expense $14,017
    Additional noninterest expense $34,665
    Applicable income taxes $14,747
    Net charge-offs $2,622
    Cash dividends $40,000

    German American Bank's interest expense for loans was $16,326,000.
    German American Bank's payroll and benefits expense were $67,613,000.
    German American Bank's property, plant and equipment expenses $14,017,000.

    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 1.0%
    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 0.7%
    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 $4,157,807
    Deposits held in domestic offices $4,157,807
    Deposits by Individuals, partnerships, and corporations $3,396,587
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $759,176
    Deposits by Commercial banks and other depository institutions in U.S. $2,044
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $1,107,722
    Demand deposits $1,107,565
    Nontransaction accounts $3,050,085
    Money market deposit accounts (MMDAs) $643,081
    Other savings deposits (excluding MMDAs) $1,912,343
    Total time deposits $494,662
    Total time and savings deposits $3,050,242
    Noninterest-bearing deposits $1,188,787
    Interest-bearing deposits $2,969,019
    Retail deposits $4,057,053
    IRAs and Keogh plan accounts $66,850
    Brokered deposits $1,736
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $4,972,069
    Cash & Balances due from depository institutions $343,279
    Interest-bearing balances $285,385
    Total securities $1,214,196
    Federal funds sold & reverse repurchase $0
    Net loans and leases $3,058,117
    Loan and leases loss allowance $46,859
    Trading account assets $8,806
    Bank premises and fixed assets $96,593
    Other real estate owned $325
    Goodwill and other intangibles $131,329
    All other assets $119,424

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $4,972,069
    Total Liabilities $4,357,408
    Total deposits $4,157,807
    Interest-bearing deposits $2,969,019
    Deposits held in domestic offices $4,157,807
    % insured (estimated) $58
    Federal funds purchased and repurchase agreements $52,904
    Trading liabilities $9,353
    Other borrowed funds $86,224
    Subordinated debt $0
    All other liabilities $51,120

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $3,058,117
    Loan and leases loss allowance $46,859
    Total loans and leases (domestic) $3,104,976
    All real estate loans $2,352,746
    Real estate loans in domestic offices $2,352,746
    Construction and development loans $198,863
    Residential 1-4 family construction $45,925
    Other construction, all land development and other land $152,938
    Loans secured by nonfarm nonresidential properties $918,048
    Nonfarm nonresidential secured by owner-occupied properties $360,813
    Commercial real estate & other non-farm, non-residential $557,235
    Multifamily residential real estate $221,504
    1-4 family residential loans $688,688
    Farmland loans $325,643
    Loans held in foreign offices $0
    Farm loans $59,718
    Commercial and industrial loans $575,091
    To non-U.S. addressees $0
    Loans to individuals $44,182
    Credit card loans $11,637
    Related Plans $2,292
    Consumer Auto Loans $16,330
    Other loans to individuals $13,923
    All other loans & leases $73,239
    Loans to foreign governments and official institutions $0
    Other loans $600
    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 $111
    Non 1-4 family restructured loans & leases $111
    Total loans and leases (foreign) $0

    German American Bank had $3,058,117,000 of loans outstanding in 2020. $2,352,746,000 of loans were in real estate loans. $198,863,000 of loans were in development loans. $221,504,000 of loans were in multifamily mortgage loans. $688,688,000 of loans were in 1-4 family mortgage loans. $59,718,000 of loans were in farm loans. $11,637,000 of loans were in credit card loans. $16,330,000 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 1,464 $281,278 $192,130
    Nonfarm, nonresidential loans - <$100k 420 $17,225 $41,012
    Nonfarm, nonresidential loans - $100-250k 495 $61,257 $123,752
    Nonfarm, nonresidential loans - $250k-1MM 549 $202,796 $369,392
    Commercial & Industrial, US addressed loans - <$1MM 4,032 $330,083 $81,866
    Commercial & Industrial, US addressed loans - <$100k 2,907 $79,422 $27,321
    Commercial & Industrial, US addressed loans - $100-250k 658 $76,687 $116,546
    Commercial & Industrial, US addressed loans - $250k-1MM 467 $173,974 $372,535
    Farmland loans - <$1MM 1,046 $135,877 $129,902
    Farmland loans - <$100k 445 $20,124 $45,222
    Farmland loans - $100-250k 366 $45,498 $124,311
    Farmland loans - $250k-1MM 235 $70,255 $298,957
    Agriculture operations loans - <$1MM 482 $41,212 $85,502
    Agriculture operations loans - <$100k 335 $11,104 $33,146
    Agriculture operations loans - $100-250k 87 $11,758 $135,149
    Agriculture operations loans - $250k-1MM 60 $18,350 $305,833