{"schema_version":"secwatch.filing_event.v1","accession":"0000714395-24-000007","form_type":"8-K","ticker":"GABC","cik":"0000714395","company_name":"GERMAN AMERICAN BANCORP, INC.","filed_at":"2024-01-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.728041+00:00","generated_at":"2026-06-06T16:12:24.034836+00:00","sec_items":["2.02","5.05","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"German American Bancorp posts $2.91 EPS for 2023, raises dividend 8% to $0.27","bullets":["Net income $85.9M for 2023 vs $81.8M in 2022; EPS $2.91 vs $2.78 (5% per-share growth).","Q4 net income $21.5M ($0.73 EPS) flat vs Q3; net interest margin compressed to 3.43% from 3.57%.","Total loans grew $84M (9% annualized) in Q4; deposits up $117M (2% linked quarter).","Non-performing assets fell to $9.2M (0.15% of assets) from $12.4M; no provision for credit losses in Q4.","Board declared $0.27 quarterly cash dividend, an 8% increase, payable Feb 20, 2024; 12th consecutive year of increases."],"urls":{"canonical":"https://secwatch.observer/filing/0000714395-24-000007","json":"https://secwatch.observer/filing/0000714395-24-000007.json","markdown":"https://secwatch.observer/filing/0000714395-24-000007.md","text":"https://secwatch.observer/filing/0000714395-24-000007.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/714395/000071439524000007/0000714395-24-000007-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/714395/000071439524000007/gabc-20240125.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T16:12:24.034836+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"322094bbaa8a51fdc070252dcb27dc12891fefea","claim":"GERMAN AMERICAN BANCORP, INC. reported quarter and year ended December 31, 2023 results: net income $85.9 million, or $2.91 per share, for the year ended December 31, 2023; fourth quarter 2023 net income of $21.5 million.","evidence_excerpt":"On January 29, 2024, German American Bancorp, Inc. (the “Company”) issued a press release announcing its results for the quarter and year ended December 31, 2023, and making other disclosures.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/714395/000071439524000007/0000714395-24-000007-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter and year ended December 31, 2023"},{"label":"Net income","value":"$85.9 million, or $2.91 per share, for the year ended December 31, 2023; fourth quarter 2023 net income of $21.5 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"d3c5fbd9950bf8320733b2af13b7f2de42fa9068","claim":"GERMAN AMERICAN BANCORP, INC.: Amended and restated Code of Business Conduct to communicate standards for ethical conduct and formalize policies on bribery, corruption, etc (effective 2024-01-25).","evidence_excerpt":"On and effective January 25, 2024, the Company’s Board of Directors (the “Board”), upon the recommendation of its Governance/Nominating Committee, approved an amended and restated Code of Business Conduct for the Company (the “Code”).","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/714395/000071439524000007/0000714395-24-000007-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"code of ethics"},{"label":"Effective","value":"2024-01-25"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}