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Home > Company Index > Banking > Banking - Midwest > German American Bancorp

German American Bancorp
Nasdaq: GABC
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 PROFILE
German American Bancorp thrives on more than sauerkraut and apple pie. The acquisitive company operates five community banks with more than 25 branches in southwestern Indiana. The firm's banking subsidiaries include German American Bank, First State Bank, First American Bank, Peoples National Bank, and Citizens State Bank. The banks offer standard retail products such as savings and money market accounts, as well as CDs. Residential mortgages account for nearly 45% of the loan portfolio that also includes commercial, consumer, and agricultural loans. The company also operates five insurance offices. German American assimilated its international neighbor, Holland Bancorp.

 COMPETITION
Integra Bank Corporation (IBNK)
Old National Bancorp (OLDB)
Union Planters Corporation (UPC)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 81.90
1-Yr. Sales Growth: 10.4%
Employees: 407
Revenue per employee: $201,228.50

 KEY PEOPLE
• Mark A. Schroeder
    CEO
• Richard E. Trent
    CFO

 CONTACT INFO
711 Main St.
Jasper, IN 47546
US
Phone: 812-482-1314
Fax: 812-482-0758
Online: Web Site

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