GABC German American Bancorp, Inc.

All GABC filings Filing statistics SEC Website

German American Bancorp, Inc. is a holding company, which engages in owning a trust, brokerage, and financial planning through German American Financial Advisors & Trust Co., and German American Insurance, Inc. It operates through the following business segments: Core Banking; Trust and Investment Advisory Services; Insurance Operations; and Other. The Core Banking segment involves attracting deposits from the general public and using such funds to originate consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans, primarily in the local market of the company. The Trust and Investment Advisory Service segment provides trust, investment advisory, and brokerage services to customers. The Insurance Operations segment offers a full range of personal and corporate property and casualty insurance products, primarily in the local market of the subsidiary of the company. The Other segment refers to the primary differences between segment amounts and consolidated totals. The company was founded in 1982 and is headquartered in Jasper, IN.

Company profile

Ticker

GABC

Exchange

NASDAQ

CEO

Mark A. Schroeder

Incorporated in

Indiana

Location

Indiana

Fiscal year end

Dec 31

Sector

Finance > Regional Banks

Industry (SEC)

State Commercial Banks

Bank Of New York Mellon • Ally Financial • Citizens Financial • Northern Trust • State Street • M&T Bank • SVB Financial • Associated Banc-Corp • Commerce Bancshares • First Citizens BancShares ...

Former names

German American Bancorp

SEC CIK

0000714395

Corporate docs

Articles of Incorporation & Bylaws

Subsidiary Companies

IRS number

351547518

GABC stock data

S&P 500

1M 1Y 2Y 5Y

Company financial data Financial data

Chart GABC financial data

Download latest Excel data (2019 Q2) View latest Excel data (2019 Q2)

Quarter (USD)	Jun 19	Mar 19	Dec 18	Sep 18
Net income	15.27M	15.07M	10.98M	12.64M
Diluted EPS	0.61	0.6	0.44	0.55

Annual (USD)	Dec 18	Dec 17	Dec 16	Dec 15
Net income	46.53M	40.68M	35.18M	30.06M
Diluted EPS	1.99	1.77	1.57	1.51

Financial data from company earnings reports

Financial report summary

Management Discussion

Net income for the quarter ended June 30, 2019 totaled $15,271,000, or $0.61 per share, an increase of 27% on a per share basis compared with the second quarter 2018 net income of $11,097,000, or $0.48 per share. The second quarter of 2019 results of operations included acquisition-related expenses of approximately $428,000 ($369,000 or $0.01 per share, on an after tax basis), while the second quarter of 2018 included approximately $904,000 ($727,000 or $0.03 per share, on an after tax basis).
Net income for the six months ended June 30, 2019 totaled $30,338,000, or $1.21 per share, an increase of 21% on a per share basis compared with the first half of 2018 net income of $22,910,000, or $1.00 per share. The first half of 2019 results of operations included acquisition-related expenses of approximately $971,000 ($801,000 or $0.03 per share, on an after tax basis), while the first half of 2018 included approximately $1,090,000 ($867,000 or $0.04 per share, on an after tax basis).

Content analysis ?

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

New words: accredited, annum, bear, Citizen, convertible, customary, distributed, ESPP, exemption, hand, ii, Indenture, jointly, July, junior, LTI, modest, occurrence, offered, offering, rank, redeemable, redemption, registered, registration, sinking, subordinated, swap, Tennessee, terminated, trustee, whichever

Removed: fluctuation, stand, variance

From filing 10-Q 2019 Q2