---
schema_version: "secwatch.filing_event.v1"
accession: "0000714395-22-000043"
form_type: "8-K"
ticker: "GABC"
cik: "0000714395"
company_name: "GERMAN AMERICAN BANCORP, INC."
filed_at: "2022-11-01T23:59:59+00:00"
generated_at: "2026-06-22T19:53:53.465614+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# GABC Q3 net income $24.6M ($0.83 EPS), up 2% QoQ; net interest margin expands to 3.59%

## Summary
- Net income $24.6M, EPS $0.83 vs Q2 $0.81 and Q3 2021 $0.81.
- Net interest margin (tax-equiv) 3.59% vs 3.35% in Q2; net interest income $51.7M, up 4% QoQ.
- Loans grew $33.6M (4% annualized); deposits declined $139.3M (10% annualized) due to rate competition.
- Non-performing assets fell to $13.8M (0.22% of assets) from $15.1M at June 30.
- Declared $0.23 quarterly dividend, payable Nov 20 to holders of record Nov 10.

## SEC filing metadata
- accession: 0000714395-22-000043
- form_type: 8-K
- ticker: GABC
- cik: 0000714395
- company_name: GERMAN AMERICAN BANCORP, INC.
- filed_at: 2022-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/714395/000071439522000043/0000714395-22-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/714395/000071439522000043/gabc-20221031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000714395-22-000043
- JSON: https://secwatch.observer/filing/0000714395-22-000043.json
- Plain text: https://secwatch.observer/filing/0000714395-22-000043.txt

## Key facts
- Earnings Releases
  GERMAN AMERICAN BANCORP, INC. reported the third quarter ended September 30, 2022 results: net income $24.6 million, EPS $0.83 per share.
  - Period: the third quarter ended September 30, 2022
  - Net income: $24.6 million
  - EPS: $0.83 per share
  - Result: reported results
  source text: German American Bancorp, Inc. (Nasdaq: GABC) reported strong operating performance for the third quarter ended September 30, 2022, with earnings of $24.6 million, resulting in the Company’s second highest level of historical earnings per share at $0.83 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/714395/000071439522000043/0000714395-22-000043-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.