SEC FORM 13F-HR

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	July 31, 2015
Estimated average burden
hours per response:		23.8

Report for the Calendar Year or Quarter Ended:

06-30-2024

Check here if Amendment		Amendment Number:
This Amendment (Check only one.):		is a restatement.
		adds new holdings entries.

Institutional Investment Manager Filing this Report:
Name:	GERMAN AMERICAN BANCORP, INC.
Address:	711 MAIN STREET

	JASPER, IN 47546
Form 13F File Number:	028-18884

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:
Name:	Bradley M. Rust
Title:	President & CFO
Phone:	812-482-1314
Signature, Place, and Date of Signing:
Bradley M. Rust		Jasper, IN	08-13-2024
[Signature]		[City, State]	[Date]

Report Type (Check only one.):
X	13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)
	13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)
	13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

Form 13F Summary Page
	Report Summary:
	Number of Other Included Managers:	0
	Form 13F Information Table Entry Total:	177
	Form 13F Information Table Value Total:	870,653,003
		(thousands)

List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]
NONE

SEC FORM 13-F Information Table

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	July 31, 2015
Estimated average burden
hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	267,000	880	SH		SOLE		880	0	0
CRH PLC	ORD	G25508105	461,276	6,152	SH		SOLE		6,152	0	0
EATON CORP PLC	SHS	G29183103	208,510	665	SH		SOLE		665	0	0
LINDE PLC	SHS	G54950103	247,488	564	SH		SOLE		564	0	0
TRANE TECHNOLOGIES PLC	SHS	G8994E103	361,823	1,100	SH		SOLE		1,100	0	0
ABBOTT LABS	COM	002824100	8,098,537	77,938	SH		SOLE		77,924	0	14
ABBOTT LABS	COM	002824100	13,508	130	SH		OTR		130	0	0
ABBVIE INC	COM	00287Y109	4,218,362	24,594	SH		SOLE		24,590	0	4
ABBVIE INC	COM	00287Y109	6,346	37	SH		OTR		37	0	0
ADOBE INC	COM	00724F101	995,527	1,792	SH		SOLE		1,792	0	0
ALPHABET INC	CAP STK CL A	02079K305	34,368,244	188,681	SH		SOLE		188,545	0	136
ALPHABET INC	CAP STK CL A	02079K305	59,563	327	SH		OTR		327	0	0
AMAZON COM INC	COM	023135106	21,723,425	112,411	SH		SOLE		109,271	0	3,140
AMAZON COM INC	COM	023135106	35,558	184	SH		OTR		184	0	0
AMERICAN ELEC PWR CO INC	COM	025537101	223,473	2,547	SH		SOLE		2,547	0	0
AMERICAN EXPRESS CO	COM	025816109	207,468	896	SH		SOLE		896	0	0
AMGEN INC	COM	031162100	537,101	1,719	SH		SOLE		1,719	0	0
ELEVANCE HEALTH INC	COM	036752103	217,827	402	SH		SOLE		402	0	0
APPLE INC	COM	037833100	36,181,988	171,788	SH		SOLE		171,760	0	28
APPLE INC	COM	037833100	54,339	258	SH		OTR		258	0	0
APPLIED MATLS INC	COM	038222105	235,990	1,000	SH		SOLE		1,000	0	0
AUTOMATIC DATA PROCESSING IN	COM	053015103	457,568	1,917	SH		SOLE		1,617	0	300
BANK AMERICA CORP	COM	060505104	8,634,106	217,101	SH		SOLE		216,981	0	120
BANK AMERICA CORP	COM	060505104	16,504	415	SH		OTR		415	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	425,106	1,045	SH		SOLE		1,045	0	0
BLACKROCK INC	COM	09247X101	7,962,954	10,114	SH		SOLE		10,112	0	2
BLACKROCK INC	COM	09247X101	13,384	17	SH		OTR		17	0	0
BOEING CO	COM	097023105	4,053,908	22,273	SH		SOLE		22,269	0	4
BOEING CO	COM	097023105	7,098	39	SH		OTR		39	0	0
BROADCOM INC	COM	11135F101	709,644	442	SH		SOLE		442	0	0
CATERPILLAR INC	COM	149123101	10,257,814	30,795	SH		SOLE		30,789	0	6
CATERPILLAR INC	COM	149123101	16,988	51	SH		OTR		51	0	0
CHEVRON CORP NEW	COM	166764100	396,368	2,534	SH		SOLE		2,534	0	0
CHURCH AND DWIGHT INC	COM	171340102	435,559	4,201	SH		SOLE		4,201	0	0
CISCO SYS INC	COM	17275R102	4,656,075	98,002	SH		SOLE		97,984	0	18
CISCO SYS INC	COM	17275R102	7,791	164	SH		OTR		164	0	0
COCA COLA CO	COM	191216100	7,264,310	114,129	SH		SOLE		114,109	0	20
COCA COLA CO	COM	191216100	11,902	187	SH		OTR		187	0	0
CONOCOPHILLIPS	COM	20825C104	5,747,251	50,247	SH		SOLE		50,238	0	9
CONOCOPHILLIPS	COM	20825C104	9,951	87	SH		OTR		87	0	0
CONSTELLATION BRANDS INC	CL A	21036P108	310,022	1,205	SH		SOLE		1,205	0	0
COSTCO WHSL CORP NEW	COM	22160K105	10,900,271	12,824	SH		SOLE		12,822	0	2
COSTCO WHSL CORP NEW	COM	22160K105	16,999	20	SH		OTR		20	0	0
DANAHER CORPORATION	COM	235851102	4,381,119	17,535	SH		SOLE		17,532	0	3
DANAHER CORPORATION	COM	235851102	6,745	27	SH		OTR		27	0	0
DEERE & CO	COM	244199105	654,973	1,753	SH		SOLE		1,753	0	0
DISNEY WALT CO	COM DISNEY	254687106	3,378,937	34,031	SH		SOLE		34,024	0	7
DISNEY WALT CO	COM DISNEY	254687106	6,155	62	SH		OTR		62	0	0
EXXON MOBIL CORP	COM	30231G102	8,295,547	72,060	SH		SOLE		72,047	0	13
EXXON MOBIL CORP	COM	30231G102	14,044	122	SH		OTR		122	0	0
META PLATFORMS INC	CL A	30303M102	16,991,205	33,698	SH		SOLE		33,691	0	7
META PLATFORMS INC	CL A	30303M102	31,261	62	SH		OTR		62	0	0
FEDEX CORP	COM	31428X106	7,276,816	24,269	SH		SOLE		24,264	0	5
FEDEX CORP	COM	31428X106	13,192	44	SH		OTR		44	0	0
FIRST TRUST LRGCP GWT ALPHAD	COM	33735K108	245,060	2,000	SH		SOLE		2,000	0	0
GENERAL MTRS CO	COM	37045V100	5,189,303	111,694	SH		SOLE		111,670	0	24
GENERAL MTRS CO	COM	37045V100	10,314	222	SH		OTR		222	0	0
GERMAN AMERN BANCORP INC	COM	373865104	6,985,796	197,618	SH		SOLE		0	0	197,618
GOLDMAN SACHS GROUP INC	COM	38414G104	540,522	1,195	SH		SOLE		1,195	0	0
HOME DEPOT INC	COM	437076102	1,144,253	3,324	SH		SOLE		3,310	0	14
HONEYWELL INTL INC	COM	438516106	5,906,302	27,659	SH		SOLE		27,654	0	5
HONEYWELL INTL INC	COM	438516106	10,249	48	SH		OTR		48	0	0
INVESCO QQQ TR	UNIT SER 1	46090E103	1,487,157	3,104	SH		SOLE		3,104	0	0
ISHARES TR	CORE S&P TTL STK	464287150	686,548	5,780	SH		SOLE		5,780	0	0
ISHARES TR	CORE S&P500 ETF	464287200	24,247,214	44,309	SH		SOLE		44,309	0	0
ISHARES TR	CORE US AGGBD ET	464287226	440,891	4,542	SH		SOLE		4,542	0	0
ISHARES TR	MSCI EAFE ETF	464287465	985,078	12,576	SH		SOLE		12,576	0	0
ISHARES TR	RUS MDCP VAL ETF	464287473	5,603,664	46,411	SH		SOLE		46,400	0	11
ISHARES TR	RUS MDCP VAL ETF	464287473	12,194	101	SH		OTR		101	0	0
ISHARES TR	RUS MID CAP ETF	464287499	67,890,878	837,332	SH		SOLE		837,157	0	175
ISHARES TR	RUS MID CAP ETF	464287499	138,565	1,709	SH		OTR		1,709	0	0
ISHARES TR	RUS 1000 VAL ETF	464287598	33,196,581	190,271	SH		SOLE		190,225	0	46
ISHARES TR	RUS 1000 VAL ETF	464287598	70,136	402	SH		OTR		402	0	0
ISHARES TR	RUS 1000 GRW ETF	464287614	450,169	1,235	SH		SOLE		1,235	0	0
ISHARES TR	RUS 2000 VAL ETF	464287630	3,303,234	21,689	SH		SOLE		21,684	0	5
ISHARES TR	RUS 2000 VAL ETF	464287630	6,853	45	SH		OTR		45	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	38,198,708	188,273	SH		SOLE		188,233	0	40
ISHARES TR	RUSSELL 2000 ETF	464287655	79,329	391	SH		OTR		391	0	0
ISHARES TR	CORE S&P US VLU	464287663	470,261	5,336	SH		SOLE		5,336	0	0
ISHARES TR	SHRT NATG MUN ETF	464288158	2,419,287	23,140	SH		SOLE		22,720	0	420
ISHARES TR	MSCI ACWI EX US	464288240	78,871,963	1,484,509	SH		SOLE		1,484,172	0	337
ISHARES TR	MSCI ACWI EX US	464288240	167,518	3,153	SH		OTR		3,153	0	0
ISHARES TR	NATIONAL MUN ETF	464288414	9,381,620	88,049	SH		SOLE		87,081	0	968
ISHARES TR	GOV/CRED BD ETF	464288596	301,655	2,937	SH		SOLE		2,937	0	0
ISHARES TR	INTRM GOV CR ETF	464288612	79,443,902	765,872	SH		SOLE		765,724	0	148
ISHARES TR	INTRM GOV CR ETF	464288612	84,954	819	SH		OTR		819	0	0
JPMORGAN CHASE & CO	COM	46625H100	16,129,830	79,748	SH		SOLE		79,733	0	15
JPMORGAN CHASE & CO	COM	46625H100	27,305	135	SH		OTR		135	0	0
JOHNSON & JOHNSON	COM	478160104	6,809,448	46,589	SH		SOLE		46,581	0	8
JOHNSON & JOHNSON	COM	478160104	10,815	74	SH		OTR		74	0	0
LAM RESEARCH CORP	COM	512807108	973,272	914	SH		SOLE		914	0	0
LENNAR CORP	CL A	526057104	4,516,182	30,134	SH		SOLE		30,128	0	6
LENNAR CORP	CL A	526057104	7,643	51	SH		OTR		51	0	0
ELI LILLY & CO	COM	532457108	2,035,294	2,248	SH		SOLE		2,185	0	63
MARSH & MCLENNAN COS INC	COM	571748102	302,172	1,434	SH		SOLE		1,434	0	0
MASTERCARD INCORPORATED	CL A	57636Q104	14,629,306	33,161	SH		SOLE		33,155	0	6
MASTERCARD INCORPORATED	CL A	57636Q104	25,587	58	SH		OTR		58	0	0
MCDONALDS CORP	COM	580135101	451,066	1,770	SH		SOLE		1,770	0	0
MICROSOFT CORP	COM	594918104	43,062,738	96,348	SH		SOLE		95,007	0	1,341
MICROSOFT CORP	COM	594918104	69,724	156	SH		OTR		156	0	0
MICRON TECHNOLOGY INC	COM	595112103	11,869,398	90,241	SH		SOLE		90,224	0	17
MICRON TECHNOLOGY INC	COM	595112103	20,913	159	SH		OTR		159	0	0
MORGAN STANLEY	COM NEW	617446448	6,954,916	71,560	SH		SOLE		71,547	0	13
MORGAN STANLEY	COM NEW	617446448	11,857	122	SH		OTR		122	0	0
MOTOROLA SOLUTIONS INC	COM NEW	620076307	204,992	531	SH		SOLE		531	0	0
NEXTERA ENERGY INC	COM	65339F101	323,035	4,562	SH		SOLE		4,562	0	0
NIKE INC	CL B	654106103	4,836,492	64,170	SH		SOLE		64,158	0	12
NIKE INC	CL B	654106103	8,441	112	SH		OTR		112	0	0
NVIDIA CORPORATION	COM	67066G104	30,199,970	244,455	SH		SOLE		244,415	0	40
NVIDIA CORPORATION	COM	67066G104	50,651	410	SH		OTR		410	0	0
OREILLY AUTOMOTIVE INC	COM	67103H107	208,043	197	SH		SOLE		197	0	0
ORACLE CORP	COM	68389X105	13,423,884	95,070	SH		SOLE		95,052	0	18
ORACLE CORP	COM	68389X105	22,733	161	SH		OTR		161	0	0
PNC FINL SVCS GROUP INC	COM	693475105	251,100	1,615	SH		SOLE		1,615	0	0
PEPSICO INC	COM	713448108	456,526	2,768	SH		SOLE		2,768	0	0
PFIZER INC	COM	717081103	3,603,152	128,776	SH		SOLE		128,750	0	26
PFIZER INC	COM	717081103	6,603	236	SH		OTR		236	0	0
PHILIP MORRIS INTL INC	COM	718172109	348,879	3,443	SH		SOLE		3,443	0	0
PHILLIPS 66	COM	718546104	3,695,124	26,175	SH		SOLE		26,170	0	5
PHILLIPS 66	COM	718546104	6,211	44	SH		OTR		44	0	0
PROCTER & GAMBLE CO	COM	742718109	10,322,012	62,588	SH		SOLE		62,577	0	11
PROCTER & GAMBLE CO	COM	742718109	15,997	97	SH		OTR		97	0	0
QUALCOMM INC	COM	747525103	342,390	1,719	SH		SOLE		1,285	0	434
RTX CORPORATION	COM	75513E101	2,714,746	27,042	SH		SOLE		27,037	0	5
RTX CORPORATION	COM	75513E101	4,517	45	SH		OTR		45	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	27,494,854	50,521	SH		SOLE		50,503	0	18
SPDR S&P 500 ETF TR	TR UNIT	78462F103	149,660	275	SH		OTR		275	0	0
SPDR GOLD TR	GOLD SHS	78463V107	412,819	1,920	SH		SOLE		0	0	1,920
SPDR INDEX SHS FDS	PORTFOLIO EMG MK	78463X509	252,803	6,711	SH		SOLE		6,711	0	0
SPDR INDEX SHS FDS	PORTFOLIO DEVLPD	78463X889	1,103,371	31,453	SH		SOLE		31,453	0	0
SPDR SER TR	PORTFOLIO INTRMD	78464A375	611,476	18,780	SH		SOLE		18,780	0	0
SPDR SER TR	PORTFOLI S&P1500	78464A805	698,333	10,525	SH		SOLE		10,525	0	0
SPDR SER TR	S&P 400 MDCP VAL	78464A839	205,909	2,823	SH		SOLE		2,823	0	0
SPDR S&P MIDCAP 400 ETF TR	UTSER1 S&PDCRP	78467Y107	611,398	1,142	SH		SOLE		1,142	0	0
SELECT SECTOR SPDR TR	SBI MATERIALS	81369Y100	3,576,819	40,503	SH		SOLE		40,495	0	8
SELECT SECTOR SPDR TR	SBI MATERIALS	81369Y100	6,093	69	SH		OTR		69	0	0
SELECT SECTOR SPDR TR	SBI HEALTHCARE	81369Y209	532,279	3,652	SH		SOLE		3,652	0	0
SELECT SECTOR SPDR TR	SBI CONS STPLS	81369Y308	6,029,449	78,734	SH		SOLE		78,718	0	16
SELECT SECTOR SPDR TR	SBI CONS STPLS	81369Y308	11,180	146	SH		OTR		146	0	0
SELECT SECTOR SPDR TR	SBI CONS DISCR	81369Y407	8,513,884	46,677	SH		SOLE		46,668	0	9
SELECT SECTOR SPDR TR	SBI CONS DISCR	81369Y407	13,315	73	SH		OTR		73	0	0
SELECT SECTOR SPDR TR	ENERGY	81369Y506	2,237,185	24,544	SH		SOLE		24,540	0	4
SELECT SECTOR SPDR TR	ENERGY	81369Y506	3,828	42	SH		OTR		42	0	0
SELECT SECTOR SPDR TR	FINANCIAL	81369Y605	1,066,968	25,954	SH		SOLE		25,954	0	0
SELECT SECTOR SPDR TR	INDL	81369Y704	257,876	2,116	SH		SOLE		2,116	0	0
SELECT SECTOR SPDR TR	TECHNOLOGY	81369Y803	1,596,957	7,059	SH		SOLE		7,059	0	0
SELECT SECTOR SPDR TR	COMMUNICATION	81369Y852	1,918,612	22,398	SH		SOLE		22,398	0	0
SELECT SECTOR SPDR TR	SBI INT-UTILS	81369Y886	9,725,554	142,729	SH		SOLE		142,703	0	26
SELECT SECTOR SPDR TR	SBI INT-UTILS	81369Y886	16,830	247	SH		OTR		247	0	0
STRYKER CORPORATION	COM	863667101	241,917	711	SH		SOLE		711	0	0
SYNOPSIS INC	COM	871607107	5,466,816	9,187	SH		SOLE		9,185	0	2
SYNOPSIS INC	COM	871607107	10,711	18	SH		OTR		18	0	0
TJX COS INC NEW	COM	872540109	723,577	6,572	SH		SOLE		6,572	0	0
TESLA INC	COM	88160R101	570,092	2,881	SH		SOLE		2,211	0	670
TEXAS INSTRS INC	COM	882508104	399,370	2,053	SH		SOLE		2,053	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	5,113,038	9,246	SH		SOLE		9,244	0	2
THERMO FISHER SCIENTIFIC INC	COM	883556102	8,295	15	SH		OTR		15	0	0
3M CO	COM	88579Y101	278,876	2,729	SH		SOLE		2,729	0	0
US BANCORP DEL	COM NEW	902973304	228,989	5,768	SH		SOLE		5,768	0	0
UNION PAC CORP	COM	907818108	243,455	1,076	SH		SOLE		1,076	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	16,296,829	32,001	SH		SOLE		31,995	0	6
UNITEDHEALTH GROUP INC	COM	91324P102	27,500	54	SH		OTR		54	0	0
VANGUARD WORLD FD	COM	921910816	201,722	642	SH		SOLE		642	0	0
VANGUARD BALANCED INDEX FD I	SHORT TRM BOND	921937827	431,284	5,623	SH		SOLE		5,623	0	0
VANGUARD WHITEHALL FDS	HIGH DIV YLD	921946406	2,825,170	23,821	SH		SOLE		23,821	0	0
VANGUARD SCOTTSDALE FDS	INT TERM CORP	92206C870	2,826,164	35,358	SH		SOLE		35,358	0	0
VANGUARD INDEX FDS	REAL ESTATE ETF	922908553	267,529	3,194	SH		SOLE		3,194	0	0
VANGUARD INDEX FDS	MID CAP ETF	922908629	866,960	3,581	SH		SOLE		3,581	0	0
VANGUARD INDEX FDS	GROWTH ETF	922908736	687,430	1,838	SH		SOLE		1,838	0	0
VANGUARD INDEX FDS	VALUE ETF	922908744	477,861	2,979	SH		SOLE		2,979	0	0
VANGUARD INDEX FDS	SMALL CP ETF	922908751	554,911	2,545	SH		SOLE		2,545	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	330,579	8,016	SH		SOLE		0	0	8,016
VISA INC	COM CL A	92826C839	1,613,140	6,146	SH		SOLE		6,146	0	0
WALMART INC	COM	931142103	379,649	5,607	SH		SOLE		5,523	0	84
WASTE MGMT INC DEL	COM	94106L109	235,100	1,102	SH		SOLE		1,102	0	0
ZOESTIS INC	CL A	98978V103	3,284,651	18,947	SH		SOLE		18,943	0	4
ZOESTIS INC	CL A	98978V103	5,894	34	SH		OTR		34	0	0