secwatch.observer — SEC 8-K summary
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Issuer:     GERMAN AMERICAN BANCORP, INC. (GABC)
CIK:        0000714395
Form:       8-K
Filed at:   2023-01-31T23:59:59+00:00
Accession:  0000714395-23-000002
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/714395/000071439523000002/0000714395-23-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/714395/000071439523000002/gabc-20230130.htm
  HTML page:      https://secwatch.observer/filing/0000714395-23-000002

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