---
schema_version: "secwatch.filing_event.v1"
accession: "0000714395-23-000002"
form_type: "8-K"
ticker: "GABC"
cik: "0000714395"
company_name: "GERMAN AMERICAN BANCORP, INC."
filed_at: "2023-01-31T23:59:59+00:00"
generated_at: "2026-06-20T05:57:25.906106+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# German American Bancorp Q4 EPS $0.83, up 14% YoY; board raises dividend 9% to $0.25

## Summary
- Full-year 2022 net income $81.8M ($2.78 EPS), second highest annual earnings; down from record $84.1M ($3.17 EPS) in 2021.
- Q4 net income $24.4M ($0.83 EPS), up 14% YoY from $19.3M ($0.73 EPS); sequentially flat vs Q3.
- Quarterly dividend raised 9% to $0.25 per share, payable Feb 20, 2023 to holders of record Feb 10, 2023.
- Total loans grew $102M (11% annualized) in Q4; net interest margin expanded to 3.78% from 3.59% in Q3.
- Non-performing assets were 0.23% of total assets; allowance for credit losses at 1.17% of loans.

## SEC filing metadata
- accession: 0000714395-23-000002
- form_type: 8-K
- ticker: GABC
- cik: 0000714395
- company_name: GERMAN AMERICAN BANCORP, INC.
- filed_at: 2023-01-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/714395/000071439523000002/0000714395-23-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/714395/000071439523000002/gabc-20230130.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000714395-23-000002
- JSON: https://secwatch.observer/filing/0000714395-23-000002.json
- Plain text: https://secwatch.observer/filing/0000714395-23-000002.txt

## Key facts
- Earnings Releases
  GERMAN AMERICAN BANCORP, INC. reported the year ended December 31, 2022 results: net income $81.8 million, EPS $2.78 per share.
  - Period: the year ended December 31, 2022
  - Net income: $81.8 million
  - EPS: $2.78 per share
  - Result: reported results
  source text: reported strong annual earnings of $81.8 million, or $2.78 per share, for the year end December 31, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/714395/000071439523000002/0000714395-23-000002-index.htm
- Earnings Releases
  GERMAN AMERICAN BANCORP, INC. reported the quarter ended December 31, 2022 results: net income $24.4 million, EPS $0.83 per share.
  - Period: the quarter ended December 31, 2022
  - Net income: $24.4 million
  - EPS: $0.83 per share
  - Result: reported results
  source text: Fourth quarter 2022 net income of $24.4 million, or $0.83 per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/714395/000071439523000002/0000714395-23-000002-index.htm

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