Name | Value |
---|---|
Revenues | 90.5M |
Cost of Revenue | 4.6M |
Gross Profit | 85.9M |
Operating Expense | 13.2M |
Operating I/L | 26.6M |
Other Income/Expense | 0.0M |
Interest Income | 71.6M |
Pretax | 26.6M |
Income Tax Expense | 6.1M |
Net Income/Loss | 20.5M |
German American Bancorp, Inc. operates as a bank holding company providing retail and commercial banking services through its Core Banking, Wealth Management Services, and Insurance Operations segments. The Core Banking segment accepts deposits and offers various loan products, including consumer, commercial, agricultural, and residential mortgage loans. The Wealth Management segment provides trust, investment advisory, brokerage, and retirement planning services, while the Insurance Operations segment offers personal and corporate property and casualty insurance products. With 77 banking offices in 19 southern Indiana counties and 14 Kentucky counties, the company generates revenue through interest income, fees from wealth management services, and insurance premiums.