GABC files Heartland financials: $1.88B assets, $19.5M net income in 2023 after merger

GERMAN AMERICAN BANCORP, INC.

Heartland BancCorp total assets $1.88B, deposits $1.64B, shareholders' equity $162.5M as of Dec 31, 2023.
Heartland net income $19.5M for 2023, up from $18.1M in 2022; basic EPS $9.69 vs $9.00.
Unaudited Heartland financials for nine months ended Sep 30, 2024 also included.
Pro forma combined balance sheet and income statements for 2023 and nine months 2024 filed.

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