XML 61 R43.htm IDEA: XBRL DOCUMENT v3.24.0.1

Leases (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Schedule of Components of Lease Expense, Weighted Average Remaining Lease Term, Discount Rates and Supplemental Cash Flow Information

The components of lease expense were as follows:

						December 31, 2023						December 31, 2022
Finance Lease Cost:
Amortization of Right-of-Use Assets						$	210					$	210
Interest on Lease Liabilities						304						326
Operating Lease Cost						1,424						1,508
Short-term Lease Cost						—						—
Total Lease Cost						$	1,938					$	2,044

The weighted average lease term and discount rates were as follows:

						December 31, 2023						December 31, 2022
Weighted Average Remaining Lease Term:
Finance Leases						8 years						9 years
Operating Leases						7 years						7 years
Weighted Average Discount Rate:
Finance Leases						11.37		%				11.41		%
Operating Leases						3.07		%				2.98		%

Supplemental cash flow information related to leases were as follows:

						December 31, 2023						December 31, 2022
Cash Paid for Amounts in the Measurement of Lease Liabilities:
Operating Cash Flows from Finance Leases						$	304					$	326
Operating Cash Flows from Operating Leases						1,395						1,449
Financing Cash Flows from Finance Leases						211						186

Schedule of Supplemental Balance Sheet Information

Supplemental balance sheet information related to leases were as follows:

						December 31, 2023						December 31, 2022
Finance Leases
Premises, Furniture and Equipment, Net						$	1,648					$	1,858
Other Borrowings						$	2,642					$	2,857
Operating Leases
Operating Lease Right-of-Use Assets						$	5,180					$	6,297
Operating Lease Liabilities						$	5,337					$	6,447

Schedule of Maturity of Finance Lease Liabilities

The following table presents a maturity analysis of Finance and Operating Lease Liabilities:

						December 31, 2023
						Finance Leases						Operating Leases
Year 1						$	519					$	1,256
Year 2						519						1,047
Year 3						519						845
Year 4						486						662
Year 5						438						620
Thereafter						1,509						1,488
Total Lease Payments						3,990						5,918
Less Imputed Interest						(1,348)						(581)
Total						$	2,642					$	5,337

Schedule of Maturity of Operating Lease Liabilities

The following table presents a maturity analysis of Finance and Operating Lease Liabilities:

						December 31, 2023
						Finance Leases						Operating Leases
Year 1						$	519					$	1,256
Year 2						519						1,047
Year 3						519						845
Year 4						486						662
Year 5						438						620
Thereafter						1,509						1,488
Total Lease Payments						3,990						5,918
Less Imputed Interest						(1,348)						(581)
Total						$	2,642					$	5,337

X

- Definition

Assets and Liabilities, Lessee

+ References

No definition available.

+ Details

Name:	gabc_AssetsandLiabilitiesLesseeTableTextBlock
Namespace Prefix:	gabc_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147478964/842-20-50-6

+ Details

Name:	us-gaap_FinanceLeaseLiabilityMaturityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147478964/842-20-50-4

+ Details

Name:	us-gaap_LeaseCostTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_LeasesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147478964/842-20-50-6

+ Details

Name:	us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration