German American Bancorp, Inc. reported net charge-offs for the fourth quarter ended December 31, 2023. Net Charge-offs were $881,000, or 9 basis points on an annualized basis, of average loans outstanding during the fourth quarter of 2023 compared with $520,000, or 5 basis points on an annualized basis, of average loans during the third quarter of 2023 and compared with $1,031,000, or 11 basis points, of average loans during the fourth quarter of 2022.
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- German American Bancorp, Inc. Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2023