German American Bancorp, Inc. · NASDAQ:GABC

German American Bancorp — Shareholder Meeting (May 2023)

17 slides from German American Bancorp's shareholder meeting presentation, May 18, 2023

  1. Slide 1: Welcome: The Strength Of

    THE STRENGTH OF WELGOME — “toad

  2. Slide 2: D. Neil Dauby, Chairman & CEO

    D. Neil Dauby Chairman & CEO

  3. Slide 3: Management Report

    Management Report

  4. Slide 4: 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

  5. Slide 5: 2022 Year in Review

    2022 Year in Review

  6. Slide 6: Who We Are

    Who We Are Indiana & Kentucky Community-focused Financial Services Organization • Banking, Insurance, Investments & Trust • $6.2 Billion Total Banking Assets • $2.3 Billion Investment and Trust Assets Under Management • $72 Million Annual Insurance Premiums • ~ 865 Team Members • 77 Banking Offices

  7. Slide 7: Total Assets and Return on Average Assets

    Total Assets Return on Average Assets $7,000 $6,156 $6,000 $5,609 $4,978 $5,000 $4,398 $3,929 $4,000 1.47% * $3,000 1.57% 1.38% 1.43% 1.32% 1.26% $2,000 $1,000 $- 12/31/18 12/31/19 12/31/20 12/31/21 12/31/22 * Adjusted Return on Average Assets is a non-GAAP financial measure. Refer to “Use of Non-GA

  8. Slide 8: Net Income & Earnings Per Share

    Net Income & Earnings Per Share Earnings Per Share $120,000 $10.00 $9.00 $100,000 $95,922 $8.00 $84,137 $81,825 $7.00 $80,000 $6.00 $62,210 $59,222 $60,000 $5.00 $46,529 $3.26 $4.00 $3.17 $40,000 $2.78 $2.29 $2.34 $3.00 $1.99 $2.00 $20,000 $1.00 $- $- 12/31/18 12/31/19 12/31/20 12/31/21 12/31/22 12/

  9. Slide 9: Non-Interest Income as of December 31, 2022

    Non-Interest Income as of December 31, 2022 Total Non-Interest Income $59.1 million Net Gains on Sales of Net Gains on Sales of Loans, $3.8 million, 7% Securities, $0.6 million, 1% Wealth Management Fees, $10.1 million, 17% Other Operating Income, $7.3 million 12% Service Charges on Deposit Accounts

  10. Slide 10: Slide 10

  11. Slide 11: S&P Global Market Intelligence Ranks Best-Performing Community Banks

    S & P Global Market Intelligence Ranks the Best- Performing Community Bank, Credit Unions and US Public Banks for 2022 German American Bank Ranked as a Top 20 Bank in the nation by S & P Global Market Intelligence JASPER, Ind., March 23, 2023 -- German American Bancorp, Inc. (Nasdaq: GABC) has earne

  12. Slide 12: Deposit Composition as of March 31, 2023

    Deposit Composition as of March 31, 2023 Total Deposits $5,154.9 million Interest Bearing Demand, Non-Interest Bearing Savings & Money Market, Demand, $ 1,601.2 $ 3,039.4 million, 59% million, 31% Types of Deposits Retail, 49% Business, 33% Time Deposits, $ 514.3 million, 10% NOTES: 21% of Total Dep

  13. Slide 13: Sources of Liquidity

    Sources of Liquidity  FHLB Borrowings  Overnight Borrowings from other FIs  Securities Portfolio  Wholesale Brokered Deposits  FRB Discount Window  FRB Bank Term Funding Program

  14. Slide 14: Capital Ratios

    Capital Ratios Minimum for 03/31/23 12/31/22 Capital Adequacy Ratio Ratio Purposes Total Capital (to Risk Weighted Assets) ……………….. 15.89% 15.45% 8.00% Tier 1 (Core) Capital (to Risk Weighted Assets) …………. 14.32% 13.97% 6.00% Common Tier 1 (CET 1) Captial Ratio (to Risk Weighted Assets) ………………………………

  15. Slide 15: YTD Price Change

    YTD Price Change (As of 05/15/23) -35.59 S&P Regional Banks Select Industry Index -28.09 Average of Midwestern Peer Group * -27.04 GABC -40.00 -37.50 -35.00 -32.50 -30.00 -27.50 -25.00 -22.50 -20.00 -17.50 -15.00 -12.50 -10.00 -7.50 -5.00 -2.50 0.00 * Midwestern Peer Group used for Proxy Statement C

  16. Slide 16: Cumulative Total Shareholder Return

    Cumulative Total Shareholder Return 700.00% 600.00% 554.52% 500.00% 400.00% 300.00% 220.17% 200.00% 158.70% 100.00% 118.10% 17.79% 13.19% 0.00% 5 year 10 year 15 year GABC S&P Regional Banks Select Industry Index

  17. Slide 17: Use of Non-GAAP Measures

    Use of Non-GAAP Measures The accounting and reporting policies of German American Bancorp, Inc. (the “Company”) Non-GAAP Reconciliation conform to U.S. generally accepted accounting principles (“GAAP”) and general practices within the banking industry. As a supplement to GAAP, the Company has provid

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