GERMAN AMERICAN BANCORP, INC. (GABC) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Interest income:
Interest income on loans	169.2	139.2	151.7	152.5	112.1	91.7	86.2	66.7
Interest income on investments	44.0	30.7	22.3	23.5	21.4	19.2	17.1	14.9
	218.9	170.4	174.4	176.5	133.7	111.0	103.4	81.6
Interest on deposits	13.5	5.0	13.7	23.8	13.6	7.1	5.2	4.0
Total interest expense	18.3	9.5	19.1	31.2	19.1	11.1	8.5	6.1
Net interest income	200.6	160.8	155.2	145.2	114.6	99.9	94.9	75.6
Provision for loan losses						1.8	1.2
Net interest income after provision for loan losses	200.6	160.8	155.2	145.2	114.6	98.2	93.7	75.6
Deposit and loan fees								4.8
Gain on sale of investments, net								0.7
Other non-interest income	59.1	59.5	54.5	45.5	37.1	31.9	32.0	21.9
Total non-interest income	59.1	59.5	54.5	45.5	37.1	31.9	32.0	27.4
Non-interest expenses	154.2	124.0	117.1	114.2	93.6	77.8	76.6	61.3
Pre-tax income	99.2	102.8	75.0	71.2	56.1	52.2	49.1	41.7
Income taxes	17.4	18.6	12.8	12.0	9.5	11.5	13.9	11.6
Tax rate	17.5%	18.1%	17.1%	16.9%	17.0%	22.1%	28.4%	27.9%
Net income	81.8	84.1	62.2	59.2	46.5	40.7	35.2	30.1
Net margin	30.3%	36.7%	28.5%	29.7%	29.1%	31.3%	28.0%	29.2%

Basic EPS	$2.78	$3.17	$2.34	$2.29	$1.99	$1.77	$1.57	$1.51
Diluted EPS	$2.78	$3.17	$2.34	$2.29	$1.99	$1.77	$1.57	$1.51

Shares outstanding (basic)	29.5	26.5	26.5	25.8	23.4	22.9	22.4	19.9
Shares outstanding (diluted)	29.5	26.5	26.5	25.8	23.4	22.9	22.4	19.9

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.