| Business Summary | | German
American
Bancorp
is
a
multi-bank
holding
company.
The
Company
operates
five
affiliated
community
banks
with
27
banking
offices
and
five
full-service
independent
insurance
agencies
in
the
eight
contiguous
Southwestern
Indiana
counties
of
Daviess,
Dubois,
Gibson,
Knox,
Martin,
Perry,
Pike
and
Spencer.
The
Company's
lines
of
business
include
retail
and
commercial
banking,
mortgage
banking,
trust
and
brokerage
services,
title
insurance,
and
a
full
range
of
personal
and
corporate
property
and
casualty
insurance
products.
The
Company's
primary
source
of
funding
is
its
base
of
core
customer
deposits. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | German
American
Bancorp
is
a
multi-bank
holding
company
based
in
Jasper,
Indiana.
For
the
six
months
ended
6/30/01,
interest
income
decreased
5%
to
$37.4
million.
Net
interest
income
after
loan
loss
provision
fell
3%
to
$16.1
million.
Net
income
rose
6%
to
$4.9
million.
Net
interest
income
reflects
lower
average
loan
volumes,
partially
offset
by
lower
interest
paid
on
deposits.
Earnings
reflect
higher
insurance
revenues. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| George Astrike, 65 Chairman | -- | Mark Schroeder, 47 Pres,
CEO, Director | $225K | Richard Trent, 42 CFO,
Sr. VP | -- | Clay Ewing, 45 Exec.
VP - Retail Banking | 121K | Stan Ruhe, 49 Exec.
VP - Credit Admin. | 131K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|