GERMAN AMERICAN BANCORP, INC. | 2013 | FY | 3


The following table presents loans by class modified as troubled debt restructurings for which there was a payment default within twelve months following the modification during the years ending December 31, 2013, 2012 and 2011:

 

Troubled Debt Restructurings That Subsequently Defaulted:   Number of Loans     Recorded Investment  
December 31, 2013                        
Commercial and Industrial Loans and Leases     -     $ -  
Commercial Real Estate Loans     -       -  
Total     -     $ -  

 

The troubled debt restructurings that subsequently defaulted described above resulted in no change to the allowance for loan losses and no charge-offs during the year ending December 31, 2013.

 

Troubled Debt Restructurings That Subsequently Defaulted:   Number of Loans     Recorded Investment  
December 31, 2012                
Commercial and Industrial Loans and Leases     1     $ 565  
Commercial Real Estate Loans     3       1,377  
Total     4     $ 1,942  

 

The troubled debt restructurings that subsequently defaulted described above increased the allowance for loan losses by $12 and resulted in charge-offs of $306 during the year ending December 31, 2012.

 

Troubled Debt Restructurings That Subsequently Defaulted:   Number of Loans     Recorded Investment  
December 31, 2011                
Commercial and Industrial Loans and Leases     1     $ 527  
Commercial Real Estate Loans     -       -  
Total     1     $ 527  

 


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