← GERMAN AMERICAN BANCORP, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $35.2m |
$40.7m
+15.61%
|
$46.5m
+14.39%
|
$59.2m
+27.28%
|
$62.2m
+5.05%
|
$84.1m
+35.25%
|
$81.8m
-2.75%
|
$85.9m
+4.97%
|
$83.8m
-2.42%
|
$112.6m
+34.39%
|
— | |
| Depreciation and amortization | $4.3m | $4.7m | $6.2m | $8.6m | $9.4m | $8.8m | $10.1m | $9.6m | $9.3m | $18.7m | $19.8m | |
| Amortization of Intangible Assets | $1.1m | $942k | $1.8m | $3.7m | $3.5m | $2.7m | $3.7m | $2.8m | $2.0m | $10.1m | — | |
| Depreciation | $3.8m | $3.9m | $4.7m | $5.8m | $6.0m | $5.8m | $6.6m | $6.6m | $6.9m | $9.0m | $19.8m | |
| Share-based Payment Arrangement, Noncash Expense | $1.4m | $1.2m | $1.4m | $1.3m | $1.1m | $1.7m | $2.3m | $2.3m | $2.9m | $2.9m | $2.9m | |
| Share-based Payment Arrangement, Expense | $570k | $657k | $718k | $639k | $995k | $732k | $646k | $750k | $761k | $760k | $2.9m | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | $6.3m | $2.5m | $2.8m | $19.4m | — | |
| Increase (Decrease) in Other Operating Assets | ($5.8m) | $4.5m | ($2.2m) | $1.6m | $2.9m | ($2.7m) | $1.1m | ($3.7m) | ($1.7m) | ($7.4m) | — | |
| Increase (Decrease) in Other Operating Liabilities | ($2.5m) | ($110k) | ($162k) | $4.5m | $4.4m | ($1.2m) | $1.6m | ($3.2m) | ($1.4m) | $2.3m | — | |
| Net Cash Provided by (Used in) Operating Activities | $41.9m |
$54.9m
+30.93%
|
$62.3m
+13.59%
|
$65.2m
+4.65%
|
$92.4m
+41.68%
|
$100.8m
+9.12%
|
$110.0m
+9.12%
|
$107.2m
-2.55%
|
$95.8m
-10.70%
|
$159.3m
+66.36%
|
$189.6m
+19.03%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | ($5k) | ($870k) | $36k | ($111k) | $223k | $1.6m | ($37k) | ($547k) | $11k | ($36k) | ($6.1m) | |
| Payments to Acquire Property, Plant, and Equipment | $5.2m | $11.2m | $15.2m | $9.4m | $7.1m | $4.7m | $7.9m | $5.7m | $5.0m | $5.3m | ($7.2m) | |
| Equipment Expense | $2.3m | $2.6m | $3.1m | $3.8m | $4.0m | $3.8m | $3.7m | $3.6m | — | — | — | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $103.3m | $80.0m | $78.7m | $114.7m | $201.0m | $208.2m | $143.4m | $287.1m | $356.5m | $565.8m | — | |
| Gain (Loss) on Investments | $2.0m | $596k | $706k | $1.2m | $4.1m | $2.2m | $562k | $40k | ($34.8m) | $0 | ($70k) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $1.0m | $0 | $0 | $0 | — | — | — | — | — | — | $0 | |
| Net Cash Provided by (Used in) Investing Activities | ($71.7m) | ($189.3m) | ($38.8m) | $30.7m | ($346.1m) | ($640.3m) | ($24.2m) | $27.3m | ($82.4m) | ($60.3m) | ($259.1m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $24.9m | $53.9m | $40.2m | $65.2m | $40.6m | $58.1m | $41.7m | $132k | $50.2m | $64.5m | ($64.5m) | |
| Debt and Equity Securities, Gain (Loss) | ($2.0m) | ($596k) | $706k | $1.2m | $4.1m | $2.2m | $562k | $40k | ($34.8m) | $0 | — | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | — | — | $0 | $0 | $692k | — | |
| Proceeds from Issuance of Long-term Debt | — | $75.0m | $25.0m | $89.2m | $0 | $0 | — | $25.0m | $75.0m | $25.0m | $25.0m | |
| Proceeds from Issuance of Common Stock | $55k | — | — | — | — | — | — | — | — | — | — | |
| Dividends paid | $10.6m | $11.8m | $14.1m | $17.6m | $20.1m | $22.2m | $27.0m | $29.4m | $31.8m | $43.3m | ($44.8m) | |
| Payments of Dividends | $10.6m | $11.8m | $14.1m | $17.6m | $20.1m | $22.2m | $27.0m | $29.4m | $31.8m | $43.3m | ($44.8m) | |
| Net Cash Provided by (Used in) Financing Activities | $42.6m |
$139.9m
+228.65%
|
$2.7m
-98.10%
|
($88.6m)
-3431.72%
|
$495.5m
+659.55%
|
$590.6m
+19.19%
|
($363.7m)
-161.58%
|
($136.5m)
+62.45%
|
$60.1m
+144.01%
|
($169.5m)
-381.96%
|
($36.5m)
+78.46%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | — | $241.9m | $51.1m | ($277.8m) | ($2.1m) | $73.5m | ($70.4m) | $94.2m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $345.7m | $396.9m | $119.1m | $115.3m | $188.8m | $118.4m | $94.2m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Bank Owned Life Insurance Income | $987k | $1.3m | $1.2m | $2.0m | $2.3m | $1.5m | $2.3m | $1.7m | $2.1m | $2.6m | — | |
| Gain (Loss) on Sales of Loans, Net | $3.4m | $3.3m | $3.0m | $4.6m | $9.9m | $8.3m | $3.8m | $2.4m | $3.1m | $4.5m | — | |
| Proceeds from Stock Options Exercised | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $18.2m | $30.8m | $20.5m | $10.0m | $17.4m | $60.7m | $99.1m | $124.2m | — | |
| Additional Financial Items | ||||||||||||
| Equity Securities, FV-NI, Gain (Loss) | ($2.0m) | ($596k) | $0 | ($1.2m) | ($4.1m) | ($2.2m) | ($562k) | ($40k) | $34.8m | $0 | — | |
| Gain (Loss) on Disposition of Assets | $5k | $870k | ($44k) | $352k | ($43k) | $0 | $0 | $83k | $38.3m | $0 | — | |
| Gain (Loss) on Disposition of Business | $5k | $870k | ($36k) | $111k | $223k | $1.6m | ($37k) | ($547k) | $36.5m | $0 | — | |
| Goodwill | $54.1m | $54.1m | $103.7m | $121.3m | $122.0m | $121.8m | $180.4m | $180.4m | $179.0m | $375.5m | — | |
| Income Tax Expense (Benefit) | $13.9m | $11.5m | $9.5m | $12.0m | $12.8m | $18.6m | $17.4m | $17.8m | $20.3m | $27.4m | — | |
| Pension Cost (Reversal of Cost) | $54k | $63k | $72k | $84k | — | — | — | — | — | — | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | $17.6m | ($6.5m) | $6.3m | $2.5m | — | — | — |