German American Bancorp, Inc. · NASDAQ:GABC
German American Bancorp — Shareholder Meeting (May 2017)
38 slides from German American Bancorp's shareholder meeting presentation, May 18, 2017
Slide 1: Welcome 2017: Driven by our Future
ES German American Bancorp, Inc. Welcome 2017 eae DRIVEN by our FUTURE
Slide 2: Mark A. Schroeder, Chairman and CEO
Mark A. Schroeder Chairman and CEO
Slide 3: Directors for Re-election
Directors for Re-election Christina M. Ernst Chris A. Ramsey M. Darren Root Mark A. Schroeder
Slide 4: Board of Directors
Douglas A.Bawel Lonnie. Collins ChristinaM. Ernst Marc D. Fine U. Butch Klem J. David Lett e@@eese @ Chris A.Ramsey M.DarrenRoot = Mark A. Schroeder Thomas W. Seger Raymond W. Snowden —_Michael J. Voyles
Slide 5: Introductions
Introductions
Slide 6: German American Bancorp, Inc.
> German American Bancorp, Inc.
Slide 7: Management Report
Management Report
Slide 8: Cautionary Note Regarding Forward-Looking Statements
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS When used in this presentation and our oral statements, the words or phrases “believe,” “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimate,” “project,” “plans,” or similar expressions are intended to identify “fo
Slide 9: 2016 Year in Review
2016 Year in Review
Slide 10: Who We Are
Southern Indiana Community-focused Financial Services Organization • $2.9 Billion Total Banking Assets • $550 Million Brokerage Assets Under Management • $60 Million Annual Insurance Premiums • Banking, Insurance, Investments & Trust • $600 Million Trust Assets Under Management Who We Are • 51 Branc
Slide 11: Market footprint map
~ AD ILLINOIS i RENYPERY
Slide 12: Bradley M. Rust, Executive Vice President and CFO
Bradley M. Rust Executive Vice President and CFO
Slide 13: Financial Trends
Financial Trends
Slide 14: Net Income & Earnings Per Share
$24,055 $25,413 $28,344 $30,064 $35,184 $1.27 $1.32 $1.43 $1.51 $1.57 $- $5,000 $10,000 $15,000 $20,000 $25,000 $30,000 $35,000 $40,000 12/31/2012 12/31/2013 12/31/2014 12/31/2015 12/31/2016 (Dollars in Thousands) Net Income & Earnings Per Share Earnings Per Share
Slide 15: Total Assets and Return on Assets
$2,006 $2,164 $2,237 $2,374 $2,956 $2,933 1.24% 1.25% 1.31% 1.33% 1.24% 1.31% $- $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 12/31/12 12/31/13 12/31/14 12/31/15 12/31/16 Q1 '17 (Dollars in Thousands) Total Assets Annualized Return on Assets
Slide 16: Total Loans
$1,205 $1,382 $1,448 $1,564 $1,990 $1,984 83% 81% 81% 82% 81% 81% $- $250 $500 $750 $1,000 $1,250 $1,500 $1,750 $2,000 $2,250 $2,500 12/31/12 12/31/13 12/31/14 12/31/15 12/31/16 Q1 '17 (Dollars in Millions) Total Loans, Net of Unearned Income Commercial & Agricultural Loans as % of Total Loans
Slide 17: Loan Portfolio Composition
Construction & Development Loans, $ 68.0 million, 4% Agricultural Loans, $ 292.6 million, 15% Multi-Family Residential Properties, $ 123.7 million, 6% Commercial Real Estate Non- Owner Occupied, $ 506.2 million, 25% Commercial Real Estate Owner Occupied, $ 185.8 million, 10% Commercial & Industrial
Slide 18: Non-Performing Assets to Total Assets
0.60% 0.44% 0.29% 0.15% 0.14% 0.20% 2.15% 1.45% 1.04% 0.84% 0.76% 0.00% 0.50% 1.00% 1.50% 2.00% 2.50% 12/31/12 12/31/13 12/31/14 12/31/15 12/31/16 Q1 '17 Non- Performing Assets to Total Assets GABC Peer Group
Slide 19: Net Charge-offs to Average Loans
0.19% 0.10% -0.01% 0.03% 0.04% 0.03% 0.59% 0.25% 0.15% 0.08% 0.10% -0.10% 0.15% 0.40% 0.65% 0.90% 12/31/12 12/31/13 12/31/14 12/31/15 12/31/16 Q1 '17 Net Charge-offs to Average Loans GABC Peer Group
Slide 20: Total Deposits
$1,641 $1,812 $1,780 $1,826 $2,350 $2,326 80% 81% 81% 83% 84% 84% $- $500 $1,000 $1,500 $2,000 $2,500 12/31/12 12/31/13 12/31/14 12/31/15 12/31/16 Q1 '17 (Dollars in Millions) Total Deposits Non-Maturity Deposit Accounts as % of Total Deposits
Slide 21: Total Deposit Composition
Non-Interest Bearing Demand, $572.9 million, 24% Interest Bearing Demand, Savings & Money Market, $1,389.8 million, 60% Time Deposits, $363.8 million, 16% Total Deposit Composition as of March 31, 2017 Cost of Funds 2012 0.60% 2013 0.37% 2014 0.30% 2015 0.28% 2016 0.32% Q1 2017 0.34% Total Deposits
Slide 22: Shareholders' Equity and Return on Equity
$185 $200 $229 $252 $330 $341 13.57% 13.40% 13.21% 12.47% 10.94% 11.39% $- $50 $100 $150 $200 $250 $300 $350 $400 12/31/12 12/31/13 12/31/14 12/31/15 12/31/16 Q1 '17 (Dollars in Millions) Total Shareholders’ Equity Annualized Return on Equity
Slide 23: Net Interest Income and Net Interest Margin
$67,819 $70,319 $76,991 $79,072 $99,470 $21,802 $25,993 3.74% 3.67% 3.76% 3.70% 3.75% 3.63% 3.86% $10,000 $30,000 $50,000 $70,000 $90,000 $110,000 12/31/12 12/31/13 12/31/14 12/31/15 12/31/16 Q1 '16 Q1 '17 (Dollars in Thousands) Net Interest Income (Tax-Equivalent) Net Interest Margin
Slide 24: Non-Interest Income
$21,811 $23,615 $23,937 $27,444 $32,013 $7,217 $8,188 24% 25% 24% 26% 24% 25% 24% $- $5,000 $10,000 $15,000 $20,000 $25,000 $30,000 $35,000 12/31/12 12/31/13 12/31/14 12/31/15 12/31/16 Q1 '16 Q1 '17 (Dollars in Thousands) Non-Interest Income Non-Interest Income as % of Total Revenue
Slide 25: Non-Interest Expense and Efficiency Ratio
$50,923 $54,905 $57,713 $61,326 $76,587 $20,240 $19,036 56.8% 58.5% 57.2% 57.6% 58.3% 69.8% 55.7% $- $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000 $90,000 12/31/12 12/31/13 12/31/14 12/31/15 12/31/16 Q1 '16 Q1 '17 (Dollars in Thousands) Non-Interest Expense Efficiency Ratio
Slide 26: Net Income & Earnings Per Share
$24,055 $25,413 $28,344 $30,064 $35,184 $5,146 $9,556 $1.27 $1.32 $1.43 $1.51 $1.57 $0.25 $0.42 $- $5,000 $10,000 $15,000 $20,000 $25,000 $30,000 $35,000 $40,000 12/31/12 12/31/13 12/31/14 12/31/15 12/31/16 Q1 '16 Q1 '17 (Dollars in Thousands) Net Income & Earnings Per Share Earnings Per Share
Slide 27: German American Bancorp, Inc.
> German American Bancorp, Inc.
Slide 28: History of Superior Financial Performance
History of Superior Financial Performance Seven Years of Consecutive Record Earnings Performance Double-Digit Return on Equity for Past 12 Consecutive Fiscal Years Highest Performing Indiana-Domiciled Exchange-Traded Financial Institutions (Return on Equity) for 6 Out of the Past 8 Years Consistent
Slide 29: Industry Recognition
Industry Recognition KBW/Stifel 2010 thru 2016 Bank Honor Roll Recipient Bank Director Magazine - Bank Performance Scorecard ($1 - $5 billion Publicly-traded Companies) • #2 Ranking in 2016 • #4 Ranking in 2015 Raymond James 2012 thru 2016 Community Banker Cup Recipient
Slide 30: Comparison of Cumulative Total Return
Comparison of 5 Year Cumulative Total Return Assumes Initial Investment of $100,000 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 2011 2012 2013 2014 2015 2016 Russell 2000 Russell Microcap GABC Peer Group GABC Inc. 5 years = $326,000 10 years = $501,000 15 years = $587,000
Slide 31: German American Bancorp, Inc. Driven by our Future
ES German American Bancorp, Inc. DRIVEN by our FUTURE
Slide 32: Questions & Answers
Questions & Answers
Slide 33: Slide 33
Slide 34: Directors for Re-election
Directors for Re-election Christina M. Ernst Chris A. Ramsey M. Darren Root Mark A. Schroeder
Slide 35: Slide 35
Slide 36: Slide 36
Slide 37: Thank You
—_ Thank ‘You Jane Thoma
Slide 38: Slide 38
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