EXHIBIT 5 [LEAGRE & BARNES LETTERHEAD] November 18, 1996 German American Bancorp 711 Main Street P.O. Box 810 Jasper, Indiana 47546-3042 Re: Registration Statement on Form S-4 Gentlemen: In connection with a certain Registration Statement on Form S-4 (the "Registration Statement") filed with the Securities and Exchange Commission pursuant to the Securities Act of 1933, as amended (the "Act"), and the rules and regulations promulgated thereunder, you have requested that we furnish you our opinion as to the legality of the shares of the common stock, $10.00 par value (the "Common Stock"), of German American Bancorp (the "Company") registered thereunder, which Common Stock is to be issued pursuant to an Agreement and Plan of Reorganization, dated September 27, 1996, among the Company, Peoples Bancorp of Washington, German American Holdings Corporation, The Peoples National Bank and Trust Company and The Union Bank (the "Merger Agreement"). As counsel to the Company, we have participated in the preparation of the Registration Statement. We have examined and are familiar with the Company's Articles of Incorporation, Bylaws, as amended, records of corporate proceedings and such other information and documents as we have deemed necessary or appropriate. Based upon the foregoing, we are of the opinion that the Common Stock has been duly authorized and will, when issued as contemplated in the Registration Statement and the Merger Agreement, be validly issued, fully paid and non-assessable. We consent to the use of this opinion as an Exhibit to the Registration Statement and to the reference to our firm under the caption "Legal Matters" in the Prospectus/Proxy Statement included in the Registration Statement as having passed upon the matters covered ereby. Very truly yours, LEAGRE & BARNES 0014\16\S-4\EXH-5