2023 Q3 Form 10-Q Financial Statement
#000071439523000039 Filed on August 08, 2023
Income Statement
Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
---|---|---|---|
Revenue | $65.64M | $63.51M | $52.27M |
YoY Change | 16.13% | 21.52% | 23.58% |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | |||
YoY Change | |||
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $2.400M | $2.411M | $2.596M |
YoY Change | -3.73% | -7.13% | 12.87% |
% of Gross Profit | |||
Operating Expenses | |||
YoY Change | |||
Operating Profit | |||
YoY Change | |||
Interest Expense | $18.08M | $15.26M | $2.669M |
YoY Change | 274.7% | 471.6% | 10.56% |
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $26.04M | $26.88M | $28.78M |
YoY Change | -15.25% | -6.6% | -3.26% |
Income Tax | $4.591M | $4.755M | $5.029M |
% Of Pretax Income | 17.63% | 17.69% | 17.48% |
Net Earnings | $21.45M | $22.12M | $23.75M |
YoY Change | -12.79% | -6.84% | -0.31% |
Net Earnings / Revenue | 32.68% | 34.83% | 45.43% |
Basic Earnings Per Share | $0.73 | $0.75 | $0.81 |
Diluted Earnings Per Share | $0.73 | $0.75 | $805.4K |
COMMON SHARES | |||
Basic Shares Outstanding | 29.57M shares | 29.57M shares | 29.48M shares |
Diluted Shares Outstanding | 29.57M shares | 29.57M shares | 29.48M shares |
Balance Sheet
Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | |||
YoY Change | |||
Cash & Equivalents | $132.4M | $140.7M | $526.0M |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | |||
YoY Change | |||
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $111.3M | $112.6M | $111.3M |
YoY Change | 0.18% | 1.16% | 23.57% |
Goodwill | $180.4M | $180.4M | |
YoY Change | -0.07% | ||
Intangibles | $7.016M | $7.773M | |
YoY Change | -32.12% | ||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | |||
YoY Change | |||
TOTAL ASSETS | |||
Total Short-Term Assets | |||
Total Long-Term Assets | |||
Total Assets | $6.006B | $6.053B | $6.472B |
YoY Change | -4.06% | -6.47% | 21.0% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $39.60M | $37.70M | $32.14M |
YoY Change | 2.83% | 17.31% | -15.43% |
Accrued Expenses | $5.600M | $5.816M | $6.645M |
YoY Change | -11.64% | -12.48% | 3.83% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | |||
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $45.20M | $43.52M | $38.78M |
YoY Change | 0.78% | 12.21% | -12.66% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $2.700M | $2.753M | $2.957M |
YoY Change | -7.15% | -6.9% | -4.61% |
Other Long-Term Liabilities | $43.52M | ||
YoY Change | |||
Total Long-Term Liabilities | $2.700M | $43.52M | $2.957M |
YoY Change | -93.98% | 1371.59% | -4.61% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $45.20M | $43.52M | $38.78M |
Total Long-Term Liabilities | $2.700M | $43.52M | $2.957M |
Total Liabilities | $5.467B | $5.451B | $5.897B |
YoY Change | -5.17% | -7.57% | 25.49% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $447.5M | $433.4M | |
YoY Change | 15.47% | ||
Common Stock | $418.5M | $418.0M | |
YoY Change | 0.55% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $538.4M | $602.6M | $574.4M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $6.006B | $6.053B | $6.472B |
YoY Change | -4.06% | -6.47% | 21.0% |
Cashflow Statement
Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $21.45M | $22.12M | $23.75M |
YoY Change | -12.79% | -6.84% | -0.31% |
Depreciation, Depletion And Amortization | $2.400M | $2.411M | $2.596M |
YoY Change | -3.73% | -7.13% | 12.87% |
Cash From Operating Activities | $24.50M | $21.78M | $4.054M |
YoY Change | -23.84% | 437.12% | -78.32% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $1.000M | $2.548M | -$1.154M |
YoY Change | -192.85% | -320.8% | 15.4% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$39.10M | -$12.70M | -$13.53M |
YoY Change | -0.37% | -6.09% | -90.23% |
Cash From Investing Activities | -$40.20M | -$15.25M | -$14.68M |
YoY Change | -0.3% | 3.88% | -89.46% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 7.400M | 53.85M | -133.9M |
YoY Change | -105.11% | -140.21% | -237.49% |
NET CHANGE | |||
Cash From Operating Activities | 24.50M | 21.78M | 4.054M |
Cash From Investing Activities | -40.20M | -15.25M | -14.68M |
Cash From Financing Activities | 7.400M | 53.85M | -133.9M |
Net Change In Cash | -8.300M | 60.38M | -144.5M |
YoY Change | -94.58% | -141.77% | 523.05% |
FREE CASH FLOW | |||
Cash From Operating Activities | $24.50M | $21.78M | $4.054M |
Capital Expenditures | $1.000M | $2.548M | -$1.154M |
Free Cash Flow | $23.50M | $19.23M | $5.208M |
YoY Change | -29.32% | 269.18% | -73.56% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
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Finance Lease Liability Statement Of Financial Position Extensible List
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Stockholders Equity
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Share Based Compensation
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Proceeds From Sale Of Loans Held For Investment
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Basis of Presentation and Market Conditions<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">German American Bancorp, Inc. operates primarily in the banking industry. The accounting and reporting policies of German American Bancorp, Inc. and its subsidiaries (hereinafter collectively referred to as the "Company") conform to U.S. generally accepted accounting principles. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles have been condensed or omitted. All adjustments which are, in the opinion of management, necessary for a fair presentation of the results for the periods reported have been included in the accompanying unaudited consolidated financial statements, and all such adjustments are of a normal recurring nature. It is suggested that these consolidated financial statements and notes be read in conjunction with the financial statements and notes thereto in the Company's Annual Report on Form 10-K for the year ended December 31, 2022. Certain items included in the prior period financial statements were reclassified to conform to the current presentation. There was no effect on net income or total shareholders' equity based on these reclassifications.</span></div> | ||
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Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
|
315180000 | usd |
CY2022Q4 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
|
1018313000 | usd |
CY2022Q4 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
|
177161000 | usd |
CY2022Q4 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
|
603633000 | usd |
CY2022Q4 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
|
156691000 | usd |
CY2022Q4 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
|
1621946000 | usd |
CY2022Q4 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
|
333852000 | usd |
CY2023Q2 | us-gaap |
Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
|
0 | usd |
CY2022Q4 | us-gaap |
Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
|
0 | usd |
CY2023Q2 | us-gaap |
Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss
|
9802000 | usd |
CY2022Q4 | us-gaap |
Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss
|
10637000 | usd |
CY2009Q4 | us-gaap |
Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
|
1350000 | usd |
CY2009Q4 | us-gaap |
Equity Securities Without Readily Determinable Fair Value Impairment Loss Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossCumulativeAmount
|
997000 | usd |
CY2023Q2 | us-gaap |
Equity Securities Without Readily Determinable Fair Value Impairment Loss Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossCumulativeAmount
|
0 | usd |
CY2023Q2 | us-gaap |
Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Fee And Loan In Process
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossFeeAndLoanInProcess
|
3830481000 | usd |
CY2022Q4 | us-gaap |
Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Fee And Loan In Process
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossFeeAndLoanInProcess
|
3788645000 | usd |
CY2023Q2 | us-gaap |
Financing Receivable Unamortized Loan Commitment Origination Fee And Premium Discount
FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount
|
-4472000 | usd |
CY2022Q4 | us-gaap |
Financing Receivable Unamortized Loan Commitment Origination Fee And Premium Discount
FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount
|
-3711000 | usd |
CY2022Q4 | us-gaap |
Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
|
44168000 | usd |
CY2023Q2 | us-gaap |
Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
|
3781743000 | usd |
CY2022Q4 | us-gaap |
Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
|
3740766000 | usd |
CY2023Q1 | us-gaap |
Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
|
44315000 | usd |
CY2023Q2 | us-gaap |
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
|
550000 | usd |
CY2023Q2 | us-gaap |
Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
|
849000 | usd |
CY2023Q2 | us-gaap |
Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
|
250000 | usd |
CY2023Q2 | us-gaap |
Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
|
44266000 | usd |
CY2022Q1 | us-gaap |
Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
|
45078000 | usd |
CY2022Q2 | us-gaap |
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
|
300000 | usd |
CY2022Q2 | us-gaap |
Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
|
447000 | usd |
CY2022Q2 | us-gaap |
Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
|
100000 | usd |
CY2022Q2 | us-gaap |
Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
|
45031000 | usd |
CY2022Q4 | us-gaap |
Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
|
44168000 | usd |
us-gaap |
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
|
1650000 | usd | |
us-gaap |
Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
|
2087000 | usd | |
us-gaap |
Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
|
535000 | usd | |
CY2023Q2 | us-gaap |
Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
|
44266000 | usd |
CY2021Q4 | us-gaap |
Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
|
37017000 | usd |
us-gaap |
Financing Receivable Excluding Accrued Interest Purchased With Credit Deterioration Allowance For Credit Loss At Acquisition Date
FinancingReceivableExcludingAccruedInterestPurchasedWithCreditDeteriorationAllowanceForCreditLossAtAcquisitionDate
|
3117000 | usd | |
us-gaap |
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
|
5500000 | usd | |
us-gaap |
Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
|
213000 | usd | |
CY2022Q2 | us-gaap |
Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
|
45031000 | usd |
CY2023Q2 | us-gaap |
Financing Receivable Excluding Accrued Interest Nonaccrual No Allowance
FinancingReceivableExcludingAccruedInterestNonaccrualNoAllowance
|
2968000 | usd |
CY2023Q2 | us-gaap |
Financing Receivable Excluding Accrued Interest90 Days Or More Past Due Still Accruing
FinancingReceivableExcludingAccruedInterest90DaysOrMorePastDueStillAccruing
|
1000000 | usd |
CY2023Q2 | us-gaap |
Financing Receivable Excluding Accrued Interest Nonaccrual
FinancingReceivableExcludingAccruedInterestNonaccrual
|
11423000 | usd |
CY2023Q2 | us-gaap |
Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
|
21000 | usd |
us-gaap |
Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
|
37000 | usd | |
CY2022Q4 | us-gaap |
Financing Receivable Excluding Accrued Interest Nonaccrual No Allowance
FinancingReceivableExcludingAccruedInterestNonaccrualNoAllowance
|
3509000 | usd |
CY2022Q4 | us-gaap |
Financing Receivable Excluding Accrued Interest90 Days Or More Past Due Still Accruing
FinancingReceivableExcludingAccruedInterest90DaysOrMorePastDueStillAccruing
|
1427000 | usd |
CY2022Q4 | us-gaap |
Financing Receivable Excluding Accrued Interest Nonaccrual
FinancingReceivableExcludingAccruedInterestNonaccrual
|
12888000 | usd |
CY2022 | us-gaap |
Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
|
32000 | usd |
us-gaap |
Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
|
0 | loan | |
us-gaap |
Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
|
0 | loan | |
CY2023Q2 | us-gaap |
Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
|
0 | loan |
CY2023Q2 | us-gaap |
Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
|
0 | loan |
us-gaap |
Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
|
0 | loan | |
CY2022Q4 | us-gaap |
Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
|
0 | usd |
CY2022Q4 | gabc |
Financing Receivable Troubled Debt Restructuring Allowance For Credit Losses
FinancingReceivableTroubledDebtRestructuringAllowanceForCreditLosses
|
0 | usd |
CY2022Q4 | gabc |
Troubled Debt Restructuring Additional Lending Amount
TroubledDebtRestructuringAdditionalLendingAmount
|
0 | usd |
CY2022 | us-gaap |
Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
|
0 | loan |
CY2022 | us-gaap |
Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
|
0 | loan |
CY2023Q2 | gabc |
Financing Receivable Individually Evaluated For Impairment Threshold Amount
FinancingReceivableIndividuallyEvaluatedForImpairmentThresholdAmount
|
250000 | usd |
us-gaap |
Financing Receivable Excluding Accrued Interest Purchase
FinancingReceivableExcludingAccruedInterestPurchase
|
173000 | usd | |
us-gaap |
Financing Receivable Excluding Accrued Interest Sale And Reclassification To Held For Sale
FinancingReceivableExcludingAccruedInterestSaleAndReclassificationToHeldForSale
|
0 | usd | |
CY2022 | us-gaap |
Financing Receivable Excluding Accrued Interest Purchase
FinancingReceivableExcludingAccruedInterestPurchase
|
933000 | usd |
CY2022 | us-gaap |
Financing Receivable Excluding Accrued Interest Sale And Reclassification To Held For Sale
FinancingReceivableExcludingAccruedInterestSaleAndReclassificationToHeldForSale
|
3916000 | usd |
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
3 | segment | |
CY2023Q2 | gabc |
Number Of Offices
NumberOfOffices
|
76 | banking_office |
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
3 | segment | |
CY2023Q2 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
48258000 | usd |
CY2023Q2 | us-gaap |
Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
|
630000 | usd |
CY2023Q2 | us-gaap |
Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
|
38000 | usd |
CY2023Q2 | gabc |
Wealth Management Fees
WealthManagementFees
|
2912000 | usd |
CY2023Q2 | us-gaap |
Insurance Commissions And Fees
InsuranceCommissionsAndFees
|
2130000 | usd |
CY2023Q2 | us-gaap |
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
|
550000 | usd |
CY2023Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
2411000 | usd |
CY2023Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
4755000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
22123000 | usd |
CY2023Q2 | us-gaap |
Assets
Assets
|
6053269000 | usd |
CY2022Q2 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
49597000 | usd |
CY2022Q2 | us-gaap |
Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
|
1049000 | usd |
CY2022Q2 | us-gaap |
Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
|
78000 | usd |
CY2022Q2 | gabc |
Wealth Management Fees
WealthManagementFees
|
2642000 | usd |
CY2022Q2 | us-gaap |
Insurance Commissions And Fees
InsuranceCommissionsAndFees
|
2254000 | usd |
CY2022Q2 | us-gaap |
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
|
300000 | usd |
CY2022Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
2596000 | usd |
CY2022Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
5029000 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
23747000 | usd |
CY2022Q4 | us-gaap |
Assets
Assets
|
6155991000 | usd |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
97267000 | usd | |
us-gaap |
Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
|
1217000 | usd | |
us-gaap |
Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
|
40000 | usd | |
gabc |
Wealth Management Fees
WealthManagementFees
|
5556000 | usd | |
us-gaap |
Insurance Commissions And Fees
InsuranceCommissionsAndFees
|
5265000 | usd | |
us-gaap |
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
|
1650000 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
4840000 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
9208000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
42930000 | usd | |
CY2023Q2 | us-gaap |
Assets
Assets
|
6053269000 | usd |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
96505000 | usd | |
us-gaap |
Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
|
2470000 | usd | |
us-gaap |
Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
|
450000 | usd | |
gabc |
Wealth Management Fees
WealthManagementFees
|
5280000 | usd | |
us-gaap |
Insurance Commissions And Fees
InsuranceCommissionsAndFees
|
5975000 | usd | |
us-gaap |
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
|
5500000 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
5250000 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
5698000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
32814000 | usd | |
CY2022Q4 | us-gaap |
Assets
Assets
|
6155991000 | usd |
CY2023Q2 | gabc |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Plans
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfPlans
|
2 | plan |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
0 | shares |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
0 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
0 | shares | |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
0 | shares |
CY2023Q2 | us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
830000 | usd |
CY2022Q2 | us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
1093000 | usd |
CY2023Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
179000 | usd |
CY2022Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
169000 | usd |
CY2023Q2 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
262000 | usd |
CY2022Q2 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
327000 | usd |
CY2023Q2 | us-gaap |
Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
|
747000 | usd |
CY2022Q2 | us-gaap |
Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
|
935000 | usd |
us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
1369000 | usd | |
us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
1517000 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
361000 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
334000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
449000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
480000 | usd | |
us-gaap |
Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
|
1281000 | usd | |
us-gaap |
Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
|
1371000 | usd | |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
0 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
0 | shares |
CY2023Q2 | us-gaap |
Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
|
8239000 | usd |
CY2022Q4 | us-gaap |
Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
|
8600000 | usd |
CY2023Q2 | us-gaap |
Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
|
8083000 | usd |
CY2022Q4 | us-gaap |
Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
|
8474000 | usd |
CY2023Q2 | us-gaap |
Fair Value Option Loans Held As Assets Aggregate Difference
FairValueOptionLoansHeldAsAssetsAggregateDifference
|
156000 | usd |
CY2022Q4 | us-gaap |
Fair Value Option Loans Held As Assets Aggregate Difference
FairValueOptionLoansHeldAsAssetsAggregateDifference
|
126000 | usd |
CY2023Q2 | us-gaap |
Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
|
-18330000 | usd |
CY2023Q2 | us-gaap |
Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
|
30000 | usd |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-18360000 | usd |
us-gaap |
Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
|
14618000 | usd | |
us-gaap |
Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
|
32000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
14586000 | usd | |
CY2022Q2 | us-gaap |
Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
|
-92632000 | usd |
CY2022Q2 | us-gaap |
Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
|
62000 | usd |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-92694000 | usd |
us-gaap |
Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
|
-226223000 | usd | |
us-gaap |
Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
|
356000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-226579000 | usd | |
CY2023Q2 | us-gaap |
Revenue Not From Contract With Customer Excluding Interest Income
RevenueNotFromContractWithCustomerExcludingInterestIncome
|
1736000 | usd |
CY2022Q2 | us-gaap |
Revenue Not From Contract With Customer Excluding Interest Income
RevenueNotFromContractWithCustomerExcludingInterestIncome
|
2426000 | usd |
CY2023Q2 | us-gaap |
Noninterest Income
NoninterestIncome
|
14896000 | usd |
CY2022Q2 | us-gaap |
Noninterest Income
NoninterestIncome
|
15180000 | usd |
us-gaap |
Revenue Not From Contract With Customer Excluding Interest Income
RevenueNotFromContractWithCustomerExcludingInterestIncome
|
3184000 | usd | |
us-gaap |
Revenue Not From Contract With Customer Excluding Interest Income
RevenueNotFromContractWithCustomerExcludingInterestIncome
|
5187000 | usd | |
us-gaap |
Noninterest Income
NoninterestIncome
|
29863000 | usd | |
us-gaap |
Noninterest Income
NoninterestIncome
|
31368000 | usd | |
CY2023Q2 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
52000 | usd |
CY2022Q2 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
53000 | usd |
CY2023Q2 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
77000 | usd |
CY2022Q2 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
82000 | usd |
CY2023Q2 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
363000 | usd |
CY2022Q2 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
376000 | usd |
CY2023Q2 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
0 | usd |
CY2022Q2 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
3000 | usd |
CY2023Q2 | us-gaap |
Lease Cost
LeaseCost
|
492000 | usd |
CY2022Q2 | us-gaap |
Lease Cost
LeaseCost
|
514000 | usd |
us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
105000 | usd | |
us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
105000 | usd | |
CY2023Q2 | us-gaap |
Finance Lease Liability Payments Due In Rolling Year Two
FinanceLeaseLiabilityPaymentsDueInRollingYearTwo
|
519000 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due In Rolling Year Two
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearTwo
|
1134000 | usd |
CY2023Q2 | us-gaap |
Finance Lease Liability Payments Due In Rolling Year Three
FinanceLeaseLiabilityPaymentsDueInRollingYearThree
|
519000 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due In Rolling Year Three
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearThree
|
890000 | usd |
us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
155000 | usd | |
us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
165000 | usd | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
736000 | usd | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
745000 | usd | |
us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
0 | usd | |
us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
27000 | usd | |
us-gaap |
Lease Cost
LeaseCost
|
996000 | usd | |
us-gaap |
Lease Cost
LeaseCost
|
1042000 | usd | |
CY2023Q2 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P9Y | |
CY2022Q2 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P10Y | |
CY2023Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P7Y | |
CY2022Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P8Y | |
CY2023Q2 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.1139 | |
CY2022Q2 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.1143 | |
CY2023Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0284 | |
CY2022Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0285 | |
CY2023Q2 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
1753000 | usd |
CY2022Q2 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
1963000 | usd |
CY2023Q2 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
2753000 | usd |
CY2022Q2 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
2957000 | usd |
CY2023Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
5674000 | usd |
CY2022Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
6510000 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
5816000 | usd |
CY2022Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
6645000 | usd |
us-gaap |
Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
|
155000 | usd | |
us-gaap |
Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
|
166000 | usd | |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
722000 | usd | |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
701000 | usd | |
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
101000 | usd | |
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
91000 | usd | |
CY2023Q2 | us-gaap |
Finance Lease Liability Payments Due In Next Rolling Twelve Months
FinanceLeaseLiabilityPaymentsDueInNextRollingTwelveMonths
|
519000 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextRollingTwelveMonths
|
1272000 | usd |
CY2023Q2 | us-gaap |
Finance Lease Liability Payments Due In Rolling Year Four
FinanceLeaseLiabilityPaymentsDueInRollingYearFour
|
519000 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due In Rolling Year Four
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFour
|
756000 | usd |
CY2023Q2 | us-gaap |
Finance Lease Liability Payments Due In Rolling Year Five
FinanceLeaseLiabilityPaymentsDueInRollingYearFive
|
445000 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due In Rolling Year Five
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFive
|
627000 | usd |
CY2023Q2 | us-gaap |
Finance Lease Liability Payments Due In Rolling After Year Five
FinanceLeaseLiabilityPaymentsDueInRollingAfterYearFive
|
1728000 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due After Rolling Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterRollingYearFive
|
1798000 | usd |
CY2023Q2 | us-gaap |
Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
|
4249000 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
6477000 | usd |
CY2023Q2 | us-gaap |
Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
|
1496000 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
661000 | usd |
CY2023Q2 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
2753000 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
5816000 | usd |
CY2023Q2 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2023Q2 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2023Q2 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
CY2023Q2 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false |