German American Bank
Jasper, Indiana, Dubois County
$8.4B in total assets, the 197th largest of 4,309 US banks and 6th of 89 headquartered in Indiana.
- FDIC certificate
- 17393
- Established
- 1910
- Owned by
- German American Bcorp Inc
- Primary regulator
- FDIC
- Website
- www.germanamerican.com
At a glance
Compared with 16 banks headquartered in Indiana with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $8.4B | 94% | $3.1B | |
| Loans | $5.9B | 94% | $2.0B | |
| Deposits | $7.1B | 94% | $2.8B | |
| Return on assets | 1.76% | 81% | 1.22% | |
| Net interest margin | 4.29% | 88% | 3.52% | |
| Efficiency ratio | 48.5% | 31% | 56.5% | |
| Equity to assets | 13.75% | 98% | 9.50% | |
| Loans to deposits | 84% | 44% | 86% |
Growth
Total assets grew 9.6% a year over the last 5 years and 11.2% a year over 10 years, including 4 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Feb 2025 | Heartland Bank Whitehall, OH | $2.0B |
| Jan 2022 | Citizens Union Bank of Shelbyville Shelbyville, KY | $1.1B |
| Jul 2019 | Citizens First Bank, Inc. Bowling Green, KY | $455M |
| Oct 2018 | First Security Bank Owensboro, KY | $572M |
| Mar 2016 | River Valley Financial Bank Madison, IN | $517M |
| Oct 2013 | United Commerce Bank Bloomington, IN | $120M |
| Jan 2011 | Bank of Evansville Evansville, IN | $340M |
| Sep 2006 | Stone City Bank of Bedford, Indiana Bedford, IN, an affiliate under the same holding company | $68M |
| Sep 2006 | Peoples Bank Washington, IN, an affiliate under the same holding company | $195M |
| Sep 2006 | First American Bank Vincennes, IN, an affiliate under the same holding company | $116M |
| Sep 2006 | First State Bank, Southwest Indiana Tell City, IN, an affiliate under the same holding company | $110M |
| Sep 2006 | Citizens State Bank Petersburg, IN, an affiliate under the same holding company | $117M |
| Oct 2000 | The Holland National Bank Holland, IN | $61M |
| May 1986 | Bank of Ireland Ireland, IN | $16M |
Where they operate
95 branches in 41 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Franklin County, OH | $1.0B | 1.0% | 9 of 34 |
| Dubois County, IN | $874M | 42.4% | 1 of 6 |
| Vanderburgh County, IN | $511M | 4.3% | 4 of 13 |
| Daviess County, IN | $388M | 37.3% | 1 of 8 |
| Monroe County, IN | $363M | 10.4% | 4 of 14 |
| Jefferson County, IN | $312M | 50.3% | 1 of 4 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 58 branches since 2016 (37 to 95, +156.8%). 12 opened, 69 acquired, 23 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 37 | |||
| 2016 | Acquired River Valley Financial BankOpened Madison, closed Winslow | 16 | 1 | +15 | 52 |
| 2017 | Opened Evansville and NewburghClosed 3 in Indiana | 2 | 3 | −1 | 51 |
| 2018 | Acquired First Security BankOpened 5 in Indiana, closed Carrollton | 13 | 1 | +12 | 63 |
| 2019 | Acquired Citizens First Bank, Inc.Opened Henderson and Owensboro | 10 | 0 | +10 | 73 |
| 2020 | Opened BloomingtonClosed 4 in 2 states | 1 | 4 | −3 | 70 |
| 2021 | Closed 6 in 2 states | 0 | 6 | −6 | 64 |
| 2022 | Acquired Citizens Union Bank of ShelbyvilleSold 2 branches to The Home Savings and Loan Company of Kenton, Ohio, DBA HSLC, closed Tell City | 15 | 3 | +12 | 76 |
| 2023 | Opened New AlbanyClosed Floyds Knobs and New Albany | 1 | 2 | −1 | 75 |
| 2024 | Closed New Liberty and Newburgh | 0 | 2 | −2 | 73 |
| 2025 | Acquired Heartland Bank | 23 | 0 | +23 | 96 |
| 2026 through Q2 | Closed Shelbyville | 0 | 1 | −1 | 95 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 34% | 27% | |
| 1-4 family residential | 27% | 22% | |
| Business (C&I) | 11% | 17% | |
| Construction and land | 9% | 7% | |
| Multifamily | 8% | 12% | |
| Farmland | 7% | 6% | |
| Agricultural | 1% | 2% | |
| Consumer | 1% | 3% | |
| Other | 2% | 4% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 53% | 59% | |
| Noninterest-bearing | 28% | 17% | |
| Time deposits | 19% | 23% |
Brokered deposits are 0.3% of deposits (peers 5.0%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.39% | 0.59% |
| Net charge-offs, annualized | 0.06% | 0.04% |
| Reserves to loans | 1.34% | 1.30% |
| Leverage ratio | 11.19% | 10.25% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Indiana
Largest competitors in Franklin County, OH
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/german-american