German American Bancorp, Inc. · NASDAQ:GABC

German American Bancorp — Shareholder Meeting (May 2022)

61 slides from German American Bancorp's shareholder meeting presentation, May 19, 2022

  1. Slide 1: Shaping our Future: 2022 Annual Meeting

    Shaping our Future TT Welcome 2022 Annual Meeting

  2. Slide 2: Mark A. Schroeder, Executive Chairman

    Mark A. Schroeder Executive Chairman

  3. Slide 3: Directors for Re-Election

    Directors for Re-Election Zachary W. Bawel D. Neil Dauby Susan J. Ellspermann Thomas W. Seger

  4. Slide 4: Board of Directors

    Board of Directors Zachary W. Bawel D. Neil Dauby Susan J. Ellspermann Marc D. Fine Jason M. Kelly J. David Lett Chris A. Ramsey M. Darren Root Christina M. Ryan EE Mark A. Schroeder Thomas W. Seger Jack W. Sheidler Tyson J. Wagler

  5. Slide 5: Introductions

    Introductions

  6. Slide 6: German American Bancorp, Inc.

    === German American Bancorp, Inc.

  7. Slide 7: Management Report

    Management Report ( ES German American Bancorp, Inc. ) CT ~ aa

  8. Slide 8: Forward Looking Statement

    Forward Looking Statement 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 ar

  9. Slide 9: 2021 Year in Review

    2021 Year in Review

  10. Slide 10: Shaping our Future

    Shaping our Future TT

  11. Slide 11: Bradley M. Rust, Senior EVP, CFO & COO

    Bradley M. Rust Senior Executive Vice President, CFO & COO

  12. Slide 12: Financial Trends

    Financial Trends ( E German American Bancorp, Inc. ) CT . ie

  13. Slide 13: Net Income & Earnings Per Share

    $40,676 $46,529 $59,222 $62,210 $84,137 $1.77 $1.99 $2.29 $2.34 $3.17 $- $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000 $90,000 12/31/17 12/31/18 12/31/19 12/31/20 12/31/21 Net Income & Earnings Per Share Earnings Per Share

  14. Slide 14: Total Assets and Return on Assets

    $3,144 $3,929 $4,398 $4,978 $5,609 1.35% 1.38% 1.43% 1.32% 1.57% $- $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 12/31/17 12/31/18 12/31/19 12/31/20 12/31/21 (Dollars in Millions) Total Assets Annualized Return on Assets

  15. Slide 15: Total Loans

    $2,142 $2,728 $3,077 $3,088 $3,004 81% 78% 80% 82% 81% $- $250 $500 $750 $1,000 $1,250 $1,500 $1,750 $2,000 $2,250 $2,500 $2,750 $3,000 $3,250 12/31/17 12/31/18 12/31/19 12/31/20 12/31/21 (Dollars in Millions) Total Loans, Net of Unearned Income Commercial & Agricultural Loans as % of Total Loans

  16. Slide 16: Loan Portfolio Composition

    Total Loans $3,004.3 million Loan Portfolio Composition As of December 31, 2021 Construction & Development Loans, $ 214.6 million, 7% Agricultural Loans, $ 367.6 million, 12% Commercial & Industrial Loans, $ 507.4 million, 17% Commercial Real Estate Owner Occupied, $ 397.0 million, 13% Commercial Re

  17. Slide 17: Non-Performing Assets to Total Assets

    0.38% 0.34% 0.33% 0.44% 0.26% 0.48% 0.45% 0.45% 0.52% 0.34% 0.00% 0.50% 1.00% 1.50% 2.00% 2.50% 12/31/17 12/31/18 12/31/19 12/31/20 12/31/21 Non-Performing Assets to Total Assets GABC Peer GroupPeer Group: St. Louis Federal Reserve District BHC with Total Assets between $3 and $10 billion

  18. Slide 18: Total Deposits

    $2,484 $3,073 $3,430 $4,107 $4,744 84% 81% 82% 88% 93% $- $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 $4,000 $4,500 $5,000 12/31/17 12/31/18 12/31/19 12/31/20 12/31/21 (Dollars in Millions) Total Deposits Non-Maturity Deposit Accounts as % of Total Deposits

  19. Slide 19: Deposit Composition

    Non-Interest Bearing Demand, $1,529.2 million, 32% Interest Bearing Demand, Savings & Money Market, $2,868.0 million, 61% Time Deposits, $347.1 million, 7% Deposit Composition as of December 31, 2021 Total Deposits $4,744.3 million Year Cost of Deposits Cost of Funds 2017 0.30% 0.40% 2018 0.50% 0.61

  20. Slide 20: Shareholders' Equity and Return on Tangible Equity

    $365 $459 $574 $625 $668 13.82% 14.82% 14.98% 13.46% 16.38% $- $50 $100 $150 $200 $250 $300 $350 $400 $450 $500 $550 $600 $650 $700 $750 12/31/17 12/31/18 12/31/19 12/31/20 12/31/21 (Dollars in Millions) Total Shareholders’ Equity Annualized Return on Tangible Equity

  21. Slide 21: Net Interest Income and Net Interest Margin

    $99,909 $114,610 $145,225 $155,243 $160,830 3.76% 3.75% 3.92% 3.63% 3.31% 3.20% 3.40% 3.60% 3.80% 4.00% 4.20% 4.40% $- $20,000 $40,000 $60,000 $80,000 $100,000 $120,000 $140,000 $160,000 $180,000 12/31/17 12/31/18 12/31/19 12/31/20 12/31/21 (Dollars in Thousands) Net Interest Income Net Interest Mar

  22. Slide 22: Provision for Credit Losses

    $1,750 $2,070 $5,325 $17,550 $(6,500) 0.04% 0.08% 0.17% 0.08% 0.11% $(8,000) $(6,000) $(4,000) $(2,000) $- $2,000 $4,000 $6,000 $8,000 $10,000 $12,000 $14,000 $16,000 $18,000 $20,000 12/31/17 12/31/18 12/31/19 12/31/20 12/31/21 (Dollars in Thousands) Provision for Credit Losses Net Charge-off to Ave

  23. Slide 23: Non-Interest Income

    $31,854 $37,070 $45,501 $54,474 $59,462 24% 24% 24% 26% 27% $- $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 12/31/17 12/31/18 12/31/19 12/31/20 12/31/21 (Dollars in Thousands) Non-Interest Income Non-Interest Income as % of Total Revenue

  24. Slide 24: Non-Interest Expense and Efficiency Ratio

    $77,803 $93,553 $114,162 $117,123 $124,007 56.8% 60.6% 59.0% 55.0% 55.1% $- $20,000 $40,000 $60,000 $80,000 $100,000 $120,000 $140,000 12/31/17 12/31/18 12/31/19 12/31/20 12/31/21 (Dollars in Thousands) Non-Interest Expense Efficiency Ratio

  25. Slide 25: Net Income & Earnings Per Share

    $40,676 $46,529 $59,222 $62,210 $84,137 $1.77 $1.99 $2.29 $2.34 $3.17 $- $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000 $90,000 12/31/17 12/31/18 12/31/19 12/31/20 12/31/21 Net Income & Earnings Per Share Earnings Per Share

  26. Slide 26: D. Neil Dauby, President & CEO

    D. Neil Dauby President & CEO

  27. Slide 27: Navigating the New Normal

    Navigating the New Normal

  28. Slide 28: New Competition

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  29. Slide 29: Strategic Priorities

    Growth & Financial Performance 9 & KAA People & Culture tomer Experience Operational Effectiveness

  30. Slide 30: Growth & Financial Performance

    Growth & Financial Performance

  31. Slide 31: Cagoos

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  32. Slide 32: INDIANA.

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  33. Slide 33: People & Culture

    People & Culture

  34. Slide 34: Thank You: Charles Fleck

    Thank You ) = Charles Fleck

  35. Slide 35: Customer Experience

    Customer Experience

  36. Slide 36: Operational Effectiveness

    Operational Effectiveness

  37. Slide 37: Evolution of the Banking Industry

    Evolution of the Banking Industry

  38. Slide 38: Shaping our Future

    Shaping our Future TT

  39. Slide 39: Questions & Answers

    Questions & Answers

  40. Slide 40: Directors for Re-Election

    Directors for Re-Election Zachary W. Bawel D. Neil Dauby Susan J. Ellspermann Thomas W. Seger

  41. Slide 41: German American Bancorp, Inc.

    === German American Bancorp, Inc.

  42. Slide 42: Crowe

    Crowe

  43. Slide 43: Thank You: J. David Lett

    Thank You ) = J. David Lett

  44. Slide 44: Thank You: Mark A. Schroeder

    Thank You ) = Mark A. Schroeder

  45. Slide 45: GABC Growth

    GABC Growth $- $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 $8,000,000 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 2022 Total Assets $180 M $6.7 B Market Cap: $153 M (1-1-99) Market Cap: $1.120 B (3-31-22) (Dollars in Thou

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  60. Slide 60: Resolution of Appreciation

    RESOLUTION OF APPRECIATION WHEREAS, Mark A. Schroeder has tirelessly served the German American family of companies with great distinction for 50 years; WHEREAS, German American has greatly benefited from Mr. Schroeder’s work on behalf of its employees, clients, communities and shareholders; WHEREAS

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