GAB named to the top 10% of community banks

Jasper — German American Bancorp was recognized as among the top 10 percent of U.S. community banks, based on the company’s inclusion as a member of the second annual Raymond James Community Bankers Cup, according to a report published by Raymond James & Associates. 

Recipients were identified based on profitability, operational efficiency and balance sheet metrics.

The pool of community banks considered for recognition includes all exchange-traded domestic banks, excluding mutual holding companies and potential acquisition targets, with total assets between $500 million and $10 billion as of December 31, 2013 Raymond James, a leading investment banking and financial advisory firm, analyzed more than 300 community banks across the United States for the awards.

“Our Company is honored, again this year, to be included as one of the nation’s premiere community banking organizations,” Mark A Schroeder, Chairman and Chief Executive Officer of German American, said. “We’re pleased to share this recognition with our dedicated team of hard-working financial professionals, our clients, our shareholders, and the communities we serve throughout Southern Indiana.”

Share