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…
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…
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…
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…
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…
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,…
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…
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…
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…
Springs Valley Bank & Trust Company has been honored as a Five-Star Member of the Indiana Bankers Association (IBA). The award was presented on Thursday, April 9, 2026, by Amber Van Til, IBA President and CEO, in recognition of Springs Valley’s Association involvement throughout 2025. The Five Star Member designation recognizes those IBA -member banks…
