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About
German American Bancorp, Inc. operates as financial services holding company. It owns a trust, brokerage, and financial planning subsidiary, German American Financial Advisors & Trust Co., and a full line property and casualty insurance agency German American Insurance, Inc. The company's lines of business includes retail and commercial banking, mortgage banking, comprehensive financial planning, full service brokerage and trust administration, and personal & corporate insurance products. The company operates its business through the following segments: Core Banking, Trust & Investment Advisory Services and Insurance Operations. The Core Banking segment involves attracting deposits from the general public and using such funds to originate consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans, primarily in the company's local markets. The Core Banking segment also involves the sale of residential mortgage loans in the secondary market. The Trust & Investment Advisory Services segment involves providing trust, investment advisory, and brokerage services to customers. The Insurance Operations segment offers personal and corporate property and casualty insurance products, primarily in the company's banking subsidiary's local markets. German American Bancorp was founded in 1982 and is headquartered in Jasper, IN | |||
Description
German American Bancorp, Inc. operates as the bank holding company for German American Bancorp that provides retail and commercial banking services. The company operates through three segments: Core Banking, Trust and Investment Advisory Services, and Insurance Operations. The Core Banking segment attracts deposits from the general public; and originates consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans, as well as sells residential mortgage loans in the secondary market. The Trust and Investment Advisory Services segment provides trust, investment advisory, and brokerage services. The Insurance Operations segment offers a range of personal and corporate property and casualty insurance products. As of January 30, 2017, the company operated 51 banking offices in 19 contiguous southern Indiana counties and 1 northern Kentucky County. German American Bancorp, Inc. was founded in 1910 and is based in Jasper, Indiana. | |||
