German American Bancorp, Inc. (NASDAQ: GABC) (“German American” or “the company”) is an $8.4 billion-asset bank holding company headquartered in Jasper, IN with operations primarily located in Southern IN, Central and Western KY, and recently expanded into the Columbus and Cincinnati MSAs through the acquisition of Heartland BancCorp (OTCQX: HLAN) ("Heartland”). German American’s business model is centered on relationship-based community and commercial banking, supplemented by wealth management services, including trust and investment advisory services through the bank, as well as retail brokerage through its subsidiary German American Investment Services, Inc.
The loan portfolio is commercially focused and is well diversified between investor CRE (29%), owner-occupied CRE including C&I (26%), agriculture (8%), and C&D (8%). Despite the commercial tilt, investor CRE and C&D remain well below regulatory guidance levels. The company’s…
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