GBank Financial Holdings Inc.
For the period ended Mar 31, 2025. Filed May 28, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 28, 2025
GBFH$15.56-2.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets (Unaudited)
| (Dollars in thousands, except per share data) | ||
|---|---|---|
| ASSETS | March 31, 2025 | December 31, 2024 |
| Cash and due from banks | $6,701 | $9,262 |
| Interest-bearing deposits with other financial institutions | 140,270 | 114,860 |
| Total cash and cash equivalents | 146,971 | 124,122 |
| Investment securities: | ||
| Available for sale, at fair value (amortized cost of $72,778 (2025) and $67,308 (2024)) | 71,468 | 65,609 |
| Held to maturity, at amortized cost (fair value of $39,795 (2025) and $40,392 (2024)) | 39,903 | 40,569 |
| Loans held for sale | 41,313 | 32,649 |
| Loans, net of deferred fees and costs | 843,365 | 815,958 |
| Less: Allowance for credit losses | (8,997) | (9,114) |
| Loans, net | 834,368 | 806,844 |
| Premises and equipment, net | 809 | 835 |
| Operating lease right-of-use asset | 5,956 | 4,518 |
| Bank-owned life insurance | 14,340 | 14,236 |
| Loan servicing assets, net | 9,231 | 8,976 |
| Federal Home Loan Bank stock, at cost | 4,652 | 4,652 |
| Other assets | 21,001 | 19,354 |
| Total Assets | $1,190,012 | $1,122,364 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Deposits: | ||
| Noninterest-bearing demand | $242,650 | $239,672 |
| Interest-bearing demand | 62,035 | 68,132 |
| Savings | 280,056 | 256,724 |
| Time | 411,201 | 370,552 |
| Total deposits | 995,942 | 935,080 |
| Subordinated debt | 26,107 | 26,088 |
| Operating lease liability | 6,299 | 4,839 |
| Other liabilities | 15,048 | 15,657 |
| Total liabilities | 1,043,396 | 981,664 |
| Commitments and Contingencies (Note 10) | ||
| Stockholders' Equity: | ||
| Common stock, par value $0.0001; 50,000,000 shares authorized; | ||
| 14,270,912 (2025) and 14,252,435 (2024) shares issued and outstanding | 1 | 1 |
| Additional paid-in capital | 78,717 | 77,571 |
| Retained earnings | 68,907 | 64,437 |
| Accumulated other comprehensive loss | (1,009) | (1,309) |
| Total Stockholders' Equity | 146,616 | 140,700 |
| Total Liabilities and Stockholders' Equity | $1,190,012 | $1,122,364 |
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