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Segment Information
 9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Segment Information Segment Information
 
For the first five months of 2024, the Company’s operations included three primary segments: core banking, wealth management services, and insurance operations. On June 1, 2024, the Company sold substantially all of the assets of its insurance operations to Hilb Group, and ceased insurance-related activities for the Company. As a result of the sale, insurance revenue and expenses reported within the accompanying financial statements reflect no GAI activity for the first nine months of 2025. See Note 3 for additional information on this sale.

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 Company’s local markets by the Company’s banking subsidiary, German American Bank. Net interest income from loans and investments funded by deposits and borrowings is the primary revenue for the core-banking segment. The core banking segment also involves the sale of residential mortgage loans in the secondary market. The wealth management segment’s revenues are comprised primarily of fees generated by the wealth advisory and trust operations of the Company’s banking subsidiary and by German American Investment Services, Inc. These fees are derived by providing trust, investment advisory, brokerage and retirement planning services to its customers. The insurance segment offered a full range of personal and corporate property and casualty insurance products, primarily in the Company’s banking subsidiary’s local markets. Commissions derived from the sale of insurance products by GAI were the primary source of revenue for the insurance segment.

The following segment financial information was derived from the internal financial statements of the Company which are used by management to monitor and manage financial performance. The accounting policies of the three segments are the same as those of the Company. The evaluation process for segments does not include holding company income and expense. Holding company amounts are the primary differences between segment amounts and consolidated totals, and are reflected in the column labeled “Other” below, along with amounts to eliminate transactions between segments.
Core
Banking		Wealth Management ServicesInsuranceOtherConsolidated
Totals
Three Months Ended September 30, 2025
Interest and Fees on Loans$93,305 $— $— $— $93,305 
Interest on Securities and Other Short-term Investments14,675 95 — 124 14,894 
Net Gains on Sales of Loans1,189 — — — 1,189 
Wealth Management Fees1 4,287 — — 4,288 
Insurance Revenues— — — — — 
Reconciliation of Revenue:
Other Revenues12,952 
Elimination of Intercompany Revenues(102)
Total Consolidated Revenue126,526 
Less:
Interest on Deposits29,518 — — — 29,518 
Interest on FHLB Advances and Other Borrowings944 — — 2,012 2,956 
Provision for Credit Losses700 — — — 700 
Salaries and Employee Benefits23,367 1,915 — 162 25,444 
Reconciliation of Income before Income Taxes:
Other Non-interest Expense24,256 
Elimination of Intersegment Expenses(102)
Income before Income Taxes43,754 
Other Segment Disclosures: (1)
Segment Profit (Loss) Before Taxes43,421 1,829 — (1,496)43,754 
Segment Assets at September 30, 20258,374,812 17,186 — 9,250 8,401,248 
(1) In the Other Segment Disclosures section, the column labeled “Other” includes holding company amounts and eliminating transactions between segments.
Core
Banking		Wealth Management ServicesInsuranceOtherConsolidated
Totals
Three Months Ended September 30, 2024
Interest and Fees on Loans$61,140 $— $— $— $61,140 
Interest on Securities and Other Short-term Investments13,448 43 — 135 13,626 
Net Gains on Sales of Loans704 — — — 704 
Wealth Management Fees1 3,579 — — 3,580 
Insurance Revenues— — — — — 
Reconciliation of Revenue:
Other Revenues9,517 
Elimination of Intercompany Revenues(113)
Total Consolidated Revenue88,454 
Less:
Interest on Deposits23,488 — — — 23,488 
Interest on FHLB Advances and Other Borrowings905 — — 1,779 2,684 
Provision for Credit Losses625 — — — 625 
Salaries and Employee Benefits17,901 1,815 — 2 19,718 
Reconciliation of Income before Income Taxes:
Other Non-interest Expense16,408 
Elimination of Intersegment Expenses(113)
Income before Income Taxes25,644 
Other Segment Disclosures: (1)
Segment Profit (Loss) Before Taxes27,467 1,321 — (3,144)25,644 
Segment Assets at December 31, 20246,340,396 13,544 — (58,030)6,295,910 
(1) In the Other Segment Disclosures section, the column labeled “Other” includes holding company amounts and eliminating transactions between segments.
Core
Banking		Wealth Management ServicesInsuranceOtherConsolidated
Totals
Nine Months Ended September 30, 2025
Interest and Fees on Loans$264,812 $— $— $— $264,812 
Interest on Securities and Other Short-term Investments45,624 246 — 376 46,246 
Net Gains on Sales of Loans3,401 — — — 3,401 
Wealth Management Fees3 12,286 — — 12,289 
Insurance Revenues— — — — — 
Reconciliation of Revenue:
Other Revenues34,312 
Elimination of Intercompany Revenues(310)
Total Consolidated Revenue360,750 
Less:
Interest on Deposits87,389 — — — 87,389 
Interest on FHLB Advances and Other Borrowings2,689 — — 5,528 8,217 
Provision for Credit Losses17,200 — — — 17,200 
Salaries and Employee Benefits73,517 5,760 — 845 80,122 
Reconciliation of Income before Income Taxes:
Other Non-interest Expense71,877 
Elimination of Intersegment Expenses(310)
Income before Income Taxes96,255 
Other Segment Disclosures: (1)
Segment Profit (Loss) Before Taxes100,639 4,739 — (9,123)96,255 
Segment Assets at September 30, 20258,374,812 17,186 — 9,250 8,401,248 
(1) In the Other Segment Disclosures section, the column labeled “Other” includes holding company amounts and eliminating transactions between segments.
Nine Months Ended September 30, 2024Core
Banking		Wealth Management ServicesInsuranceOtherConsolidated
Totals
Interest and Fees on Loans$178,196 $— $— $— $178,196 
Interest on Securities and Other Short-term Investments36,113 109 1 393 36,616 
Net Gains on Sales of Loans2,424 — — — 2,424 
Wealth Management Fees4 10,725 — — 10,729 
Insurance Revenues— 1 4,383 — 4,384 
Reconciliation of Revenue:
Other Revenues31,009 
Elimination of Intercompany Revenues(324)
Total Consolidated Revenue263,034 
Less:
Interest on Deposits68,073 — — — 68,073 
Interest on FHLB Advances and Other Borrowings2,654 — — 4,526 7,180 
Provision for Credit Losses2,150 — — — 2,150 
Salaries and Employee Benefits53,472 5,225 3,151 5 61,853 
Reconciliation of Income before Income Taxes:
Other Non-interest Expense48,685 
Elimination of Intersegment Expenses(324)
Income before Income Taxes75,417 
Other Segment Disclosures: (1)
Segment Profit (Loss) Before Taxes40,638 3,959 37,434 (6,614)75,417 
Segment Assets at December 31, 20246,340,396 13,544 — (58,030)6,295,910 
(1) In the Other Segment Disclosures section, the column labeled “Other” includes holding company amounts and eliminating transactions between segments.