Quarterlytics / Financial Services / Banks - Regional / German American Bancorp, Inc. / FY2010 Annual Report

German American Bancorp, Inc.
Annual Report 2010

GABC · NASDAQ Financial Services
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Ticker GABC
Exchange NASDAQ
Sector Financial Services
Industry Banks - Regional
Employees 1020
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FY2010 Annual Report · German American Bancorp, Inc.
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O p e n i n g
S u m m e r

(cid:43)

2 0 1

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Our mission is to build 

relationships mutually benefi cial

to our clients and our 

shareholders.

It is our vision to build a regional presence, offering a full array of fi nancial 

products and services. We will always be mindful of community banking roots 

and the importance of enhancing and growing the relationships we have

with our shareholders, customers, employees, and communities.

board of 

4

Directors
Directors

Doug  is  the  president  and  CEO  of  Jasper  Engines  and  Transmissions  in  Jasper, 
Indiana, a position he has held since 1987. Other business interests include Realty Inc. 
LLC, Win Win Services LLC, and Life Inspirations. Doug supports various community 
organizations, including Patoka Valley Health Care Cooperative. He has received the 
Indiana Business Leader of the Year award and Indiana’s Entrepreneur of the Year 
award in manufacturing.

Douglas A. Bawel

Chris  is  the  president  and  chairman  of  Miller  Construction  Company,  Inc.,  a  third 
generation  family  business  in  Vincennes,  Indiana,  specializing  in  the  building  and 
maintenance of high voltage power lines for midwestern utility companies. A founding 
member of Knox County Community Foundation, she serves as vice chairman of the 
Vincennes University Foundation Board of Directors and has received the Torchbearer 
award  from  the  State  of  Indiana.  Chris  holds  a  Bachelor  of  Science  degree  and  a 
Master of Science degree from Indiana University.

Christina M. Ernst

Marc D. Fine

Marc,  who  was  a  founding  director  of  American  Community  Bancorp,  Inc.,  has 
practiced law in Evansville, Indiana, since 1984 and is a founding member of the law 
fi rm of Rudolph, Fine, Porter & Johnson, LLP, in Evansville. Marc is active in many 
civic and community organizations in Evansville.

In  January  2010,  Rich  retired  from  his  position  as  President  and  CEO  of  Fortune 
Brands Home and Hardware, a Fortune 500 company. Certifi ed as a public accountant 
in 1970, he became chief fi nancial offi cer of MasterBrand Cabinets, Inc., a cabinet-
manufacturing  subsidiary  of  Fortune  Brands,  and  later  became  that  subsidiary’s 
President  and  CEO.  Rich  currently  serves  on  the  board  of  the  Memorial  Hospital 
Foundation and is active on the Finance Committee of the Dubois County Community 
Foundation.

Richard E. Forbes

U. Butch Klem

Butch  is  president  and  CEO  of  U.B.  Klem  Furniture  Company,  located  southeast 
of  Jasper,  Indiana.  He  founded  the  company,  specializing  in  restaurant  furniture 
manufacturing  for  a  variety  of  national  franchisors,  in  1973.  Butch  has  received 
Indiana’s Entrepreneur of the Year award in manufacturing.

J. David Lett

As a partner of Lett and Jones Attorneys at Law, Dave serves Loogootee and Martin 
County, Indiana with his law practice while being involved in a variety of community 
groups.  He  serves  as  a  part-time  deputy  prosecuting  attorney  for  Daviess  County, 
Indiana.  Dave  earned  a  Bachelor  of  Arts  degree  from  Franklin  College  and  a  Juris 
Doctor degree from Thomas M. Cooley School of Law.

5

Gene C. Mehne

Gene  is  president  and  manager  of  Mehne  Farms,  Inc.  in  northern  Dubois  County, 
Indiana. Gene is involved in various farm organizations and serves as treasurer of 
St. Paul’s Capital Stewardship Fund. He earned a Bachelor of Science degree from 
Purdue University.

Chris A. Ramsey

Chris, who is president of Ramsey Development Corporation of Tell City, Indiana, is 
the owner of several businesses in the construction and real estate industry. He has 
been engaged in real estate development for more than 25 years. Chris previously 
served on several other bank boards in southern Indiana, and is involved in various 
civic and professional organizations at the local, state, and national level.

Mark is the Chairman and CEO of German American Bancorp, Inc., as well as the vice 
chairman of the board of members of the Indiana Department of Financial Institutions. 
He has also served on the board of directors of the Independent Community Bankers 
of  America,  the  national  trade  association  for  community  banking.  He  earned  a 
Bachelor of Science degree in financial management from the University of Evansville 
and holds a Certified Public Accounting (CPA) license from the State of Indiana. Mark 
graduated from the ABA Commercial Lending Graduate School and the ABA Stonier 
Graduate School of Banking.

Mark A. Schroeder

Tom  is  Vice  President  of  Wabash  Valley  Produce  and  President  of  Simple 
Transportation, both located in Dubois, Indiana. He serves on the boards of Brown 
Produce Company in Farina, Illinois, and Ballas Egg Products in Zanesville, Ohio, and 
he shares ownership in Farbest Foods, Huntingburg, Indiana, and JFS Milling, Dubois, 
Indiana.  Tom  is  also  a  board  member  and  treasurer  of  Patoka  Valley  Health  Care 
Cooperative.

Thomas W. Seger

Michael J. Voyles

Mike is the president of M.J.V., Inc. and received the Petersburg Pride Good Neighbor 
Business award in 2005 for his efforts in giving back to the Petersburg community. 
He  earned  a  Bachelor  of  Science  degree  in  Electrical  Engineering  from  Purdue 
University.