---
schema_version: "secwatch.filing_event.v1"
accession: "0000714395-23-000051"
form_type: "8-K"
ticker: "GABC"
cik: "0000714395"
company_name: "GERMAN AMERICAN BANCORP, INC."
filed_at: "2023-10-31T23:59:59+00:00"
generated_at: "2026-06-09T05:07:52.372387+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# German American Q3 net income $21.5M ($0.73/share); dividend raised 9% to $0.25

## Summary
- Q3 net income $21.5M ($0.73 EPS) vs Q2 $22.1M ($0.75) and Q3 2022 $24.6M ($0.83).
- Net interest margin 3.57% (down 6 bps linked quarter); total loans grew $63.1M (7% annualized).
- Deposits declined $43.8M (3% annualized); non-interest deposits stable at 29% of total.
- Non-performing assets remained low at 0.21% of total assets; ACL 1.15% of loans.
- Board declared $0.25/share dividend, payable Nov 20, record Nov 10, a 9% increase over 2022.

## SEC filing metadata
- accession: 0000714395-23-000051
- form_type: 8-K
- ticker: GABC
- cik: 0000714395
- company_name: GERMAN AMERICAN BANCORP, INC.
- filed_at: 2023-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/714395/000071439523000051/0000714395-23-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/714395/000071439523000051/gabc-20231030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000714395-23-000051
- JSON: https://secwatch.observer/filing/0000714395-23-000051.json
- Plain text: https://secwatch.observer/filing/0000714395-23-000051.txt

## Key facts
- Earnings Releases
  GERMAN AMERICAN BANCORP, INC. reported the quarter ended September 30, 2023 results: net income $21.5 million, EPS $0.73 per share.
  - Period: the quarter ended September 30, 2023
  - Net income: $21.5 million
  - EPS: $0.73 per share
  - Result: reported results
  source text: On October 30, 2023, German American Bancorp, Inc. (the “Company”) issued a press release announcing its results for the quarter ended September 30, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/714395/000071439523000051/0000714395-23-000051-index.htm

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