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German American Bank awarded Raymond James Community Bankers Cup for 2025 Performance
German American Bank has once again been awarded the prestigious Raymond James Community Bankers Cup for its performance in 2025. For 14 years, Raymond James has presented the annual Bankers Cup to the best-performing banks in the nation. German American has been recognized for 12 of those 14 years, demonstrating its commitment to building long-term…
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Advanced Sports Supply expands warehouse space
Advanced Sports Supply announced the expansion of its warehouse space. The Jasper company has now doubled its warehouse square footage to better serve its customers and their equipment needs. The warehouse is now being housed at the corporate offices, located at 1000 S. St. Charles Street in Jasper, Indiana. “We couldn’t have done this without…
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FAT Brands fallout hits Jasper Fazoli’s
Fazoli’s in Jasper closed seemingly without notice on Tuesday. The Vincenne’s location has also closed, according to online reports. These are among a growing number of closures of the chain’s locations throughout the Midwest as owner, FAT Brands, works through a Chapter 11 bankruptcy in Texas courts. FAT Brands owned the chain as part of…
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Dubois County Chamber hosting free fraud prevention workshop for local businesses
The Dubois County Chamber of Commerce invites local businesses and employees to attend a free educational workshop, “Don’t Take the Bait: Fake Bills & Fraud Defense,” focused on helping businesses recognize and respond to counterfeit cash, fraudulent checks, and common scams affecting communities today. This free workshop is made possible through the generous sponsorship and presentation support…
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SVB&T Corporation announces quarterly dividend
SVB&T Corporation (OTCQX: SVBT), the parent company of Springs Valley Bank & Trust Company, announced that its board of directors declared a quarterly dividend of $0.28 per share of the corporation’s common stock. The quarterly dividend is payable on or about July 15, 2026, to shareholders of record as of the close of business on…
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Kimball Electronics posts solid third quarter results, buoyed by medical segment rebound
Kimball Electronics (Nasdaq: KE) reported third-quarter fiscal 2026 results broadly in line with expectations, highlighted by double-digit sequential growth in its medical business and a ninth consecutive quarter of positive operating cash flow. Revenue came in at $352.9 million, up 3.4% from the second quarter, though down 6% year-over-year. The standout performer was the medical…
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Local McDonald’s restaurants donate more than $6K to Ronald McDonald House of the Ohio Valley
Local McDonald’s restaurants presented a donation of $6,152.25 to Ronald McDonald House (RMH) of the Ohio Valley as part of the annual Shamrock Shake fundraiser. Throughout the fundraiser, 25 cents from every Shamrock Shake and OREO Shamrock McFlurry sold at participating locations was donated to support RMH’s mission of keeping families close during difficult times. This year’s…
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Bawel named to Conexus Indiana 2026 Rising 30 cohort
Brock Bawel, Quality Engineering Manager at Jasper Engines & Transmissions, was named as one of the 30 young professionals in the sixth annual Rising 30 Class from Conexus Indiana. Bawel leads a 50-person division as Quality Engineering Manager. The gas and diesel engine technical expert guides his division in shifting Jasper’s quality operations from a reactive posture…
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Jasper Holdings, Inc. announces record ESOP share value for 2025
Jasper Holdings, Inc. (JHI), the nation’s 23rd largest Employee Stock Ownership Plan (ESOP), announced a new all-time record share value for 2025, reflecting strong company performance and market conditions. Chairman and CEO Doug Bawel said the ESOP share price increased to $1,515.93 per share, up $220.78 from the prior year. “Our ESOP has been a…
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Jasper Chamber hosting ribbon cuttings May 1 and May 5
The Jasper Chamber of Commerce is hosting two upcoming ribbon-cutting events. Dr. Lindsey Taylor will celebrate her new clinic, Worth Med Clinic, 504 Third Avenue, Jasper, on Friday, May 1, at 12:30 p.m. Cancelled. Gwen Gosman will celebrate the new ownership of ReMax Realty Plus, 2512 North Newton Street, Jasper, on Wednesday, May 6 at…
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Kimball International earns Supplier Performance Achievement Award from OMNIA Partners
Kimball International was awarded the Bronze Partnership of Excellence Award from OMNIA Partners. This medallion recognizes outstanding efforts by top-performing suppliers. Kimball International was specifically recognized for its exceptional partnership, commitment to excellence, and meaningful impact in serving the public sector. In addition, it was noted that their dedication to providing innovative solutions and outstanding…
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SVB&T Corporation reports 42% jump in first quarter earnings per share
SVB&T Corporation, parent company of Springs Valley Bank & Trust Company, reported first quarter 2026 earnings of $2.99 million, or $2.71 per share, a 41.88% increase over the same period last year. The performance translates into an average return on assets of 1.86%, compared to 1.32% in the first quarter of 2025. The company announced…
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German American Bancorp posts solid first quarter, raises dividend
German American Bancorp, Inc. (Nasdaq: GABC) reported first-quarter 2026 net income of $33.2 million, or $0.88 per share — a 7% per-share decline from a record fourth quarter 2025 but an increase of roughly 11% over the prior-year quarter on an acquisition-adjusted basis. Net interest margin expanded 13 basis points from the prior quarter to…
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JSI announces four additions to sales team
Over the past six months, JSI has welcomed several new team members to its sales organization, further strengthening its ability to support partners and customers across the country. These additions reflect the company’s ongoing commitment to investing in its people and building on the strong foundation already in place. Luke Wagner, Sales & Digital Experience…
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Springs Valley Bank & Trust Financial Advisory Group achieves $1B in assets management
Springs Valley Bank & Trust Company announced that Springs Valley Financial Advisory Group has achieved $1 billion in assets under management. This achievement reflects the trust of clients, the strength of advisory services, and a continued commitment to helping individuals, families, and businesses achieve their financial goals, the company stated in a press release. “Reaching…
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Jasper Chamber hosting ribbon-cutting events
The Jasper Chamber of Commerce is hosting the following ribbon-cutting events. Elira Health at the Southgate Shopping Center on Thursday, April 23 at 2 p.m. Transforming Hope at 486 Executive Blvd., lower level on Friday, April 24, at 2 p.m. Worth Medical Clinic at 504 Third Avenue on Friday, May 1, at 12:30 p.m. ReMax…
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Dubois County Chamber of Commerce hosting ribbon-cutting for The Vanity Private Suites
The Dubois County Chamber of Commerce invites the public to attend a ribbon cutting ceremony celebrating the grand opening of The Vanity Private Suites, a new upscale beauty and wellness destination in Ferdinand. The event will take place on Tuesday, April 28 at 6:00 PM at 301 E. First Street, Suite C, Ferdinand, IN 47532. Community members, local leaders,…
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Springs Valley Bank & Trust Company names Jason Sermersheim portfolio manager
Springs Valley Bank & Trust Company announced that Jason Sermersheim was named a portfolio manager. Jason joined Springs Valley in 2023 as an investment analyst. “It is a privilege to take on this new responsibility,” said Jason. “ I am grateful for the trust management has placed in me and am excited to continue working…
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Springs Valley Bank & Trust Company names Patrick Sander portfolio manager
Springs Valley Bank & Trust Company names Patrick Sander as a portfolio manager. Patrick joined Springs Valley in 2023 as an investment analyst. “Thank you to Springs Valley Bank & Trust Company, particularly the Financial Advisory Group team, for providing all the support I need to perform in my role,” said Patrick. “I am excited…
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Scherer Development to acquire Erny Sheet Metal
Scherer Development has agreed to terms to acquire Erny Sheet Metal, a longstanding metal manufacturer based in Jasper. Corey Scherer, President/CEO of Scherer Development and Advanced Sports Supply, stated in the deal terms that all current employees of Erny Sheet Metal, including Secretary Barb Erny and President Dave Erny, will be retained and business will…
