GERMAN AMERICAN BANCORP, INC. (GABC)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Non-interest income-Insurance Revenue | - | - | - | - |
| Non-interest income-Wealth Management Fees | 4,165 | - | - | - |
| Non-interest income-Service Chargeon Deposit Accounts | 3,714 | - | - | - |
| Non-interest income-Interchange Fee Income | 5,057 | - | - | - |
| Other operating income | 2,097 | 1,690 | 1,251 | 1,213 |
| Net gains on sales of loans | 997 | 832 | 704 | 969 |
| Net gains (losses) on securities | - | - | 70 | -34,893 |
| Company owned life insurance | 703 | 575 | 476 | 525 |
| Gain on sale of assets of german american insurance | - | - | - | 38,323 |
| Non-interest income | - | 11,743 | 11,300 | 12,786 |
| Total non-interest income | 16,733 | 14,840 | 13,801 | 18,923 |
| Furniture and equipment expense | - | - | 1,013 | 999 |
| Professional fees | 2,112 | 4,184 | 1,912 | 3,462 |
| Other operating expenses | 6,939 | 5,976 | 5,280 | 4,598 |
| Occupancy expense, furniture and equipment expense | 4,751 | 4,663 | 2,867 | 2,488 |
| Advertising and promotion | 1,300 | 1,454 | 941 | 909 |
| Salaries and employee benefits | 26,638 | 28,040 | 19,718 | 20,957 |
| Data processing fees | 4,086 | 5,495 | 3,156 | 3,019 |
| Fdic premiums | 888 | 900 | 755 | 710 |
| Intangible amortization | 2,803 | 2,070 | 484 | 532 |
| Total non-interest expense | 49,517 | 52,782 | 36,126 | 37,674 |
| Provision for credit losses | - | - | 625 | 625 |
| Interest on deposits | 30,635 | 27,028 | 23,375 | 23,385 |
| Interest on fhlb advances and other borrowings | 2,645 | 2,616 | 2,684 | 2,221 |
| Total interest expense | 33,280 | 29,644 | 26,059 | 25,606 |
| Non-taxable | 3,362 | 3,374 | 3,256 | 4,739 |
| Interest and fees on loans | 90,002 | 81,505 | 61,140 | 59,230 |
| Taxable | 9,139 | 9,121 | 8,034 | 5,225 |
| Interest on federal funds sold and other short-term investments | 3,932 | 2,216 | 2,223 | 2,383 |
| Total interest income | 106,435 | 96,216 | 74,653 | 71,577 |
| Net interest income | 73,155 | 66,572 | 48,594 | 45,971 |
| Provision for credit losses | 1,200 | 15,300 | - | - |
| Net interest income after provision for credit losses | 71,955 | 51,272 | 47,969 | 45,346 |
| Income before income taxes | 39,171 | 13,330 | 25,644 | 26,595 |
| Income tax expense | 7,810 | 2,813 | 4,596 | 6,065 |
| Net income | 31,361 | 10,517 | 21,048 | 20,530 |
| Basic earnings per share (in dollars per share) | 0.84 | 0.3 | 0.71 | 0.69 |
| Diluted earnings per share (in dollars per share) | 0.84 | 0.3 | 0.71 | 0.69 |
| Diluted weighted average shares outstanding (in shares) | 37,479,342 | 34,680,719 | 29,679,464 | 29,667,770 |
| Weighted average shares outstanding (in shares) | 37,479,342 | 34,680,719 | 29,679,464 | 29,667,770 |