GBank Financial Holdings Inc.
For the period ended Sep 30, 2025. Filed Nov 12, 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.
Sep 30, 2025 · Filed Nov 12, 2025
GBFH$15.34-1.4%Stored close · as of Nov 10, 2026
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Consolidated Statements of Income (Unaudited)
| (Dollars in thousands, except per share data) | Three Months Ended September 30, | Nine Months Ended September 30, | ||
|---|---|---|---|---|
| INTEREST INCOME | 2025 | 2024 | 2025 | 2024 |
| Interest and fees on loans | $18,919 | $17,347 | $53,413 | $49,036 |
| Interest on deposits with other financial institutions | 1,160 | 1,367 | 3,718 | 3,505 |
| Taxable interest on investment securities | 1,421 | 924 | 4,117 | 2,806 |
| Other interest bearing balances | 122 | 102 | 338 | 272 |
| Total interest income | 21,622 | 19,740 | 61,586 | 55,619 |
| INTEREST EXPENSE | ||||
| Interest on deposits | 8,339 | 7,194 | 23,473 | 20,240 |
| Interest on short-term borrowings | - | 2 | - | 112 |
| Interest on subordinated debt | 285 | 285 | 833 | 857 |
| Total interest expense | 8,624 | 7,481 | 24,306 | 21,209 |
| Net interest income | 12,998 | 12,259 | 37,280 | 34,410 |
| PROVISION FOR CREDIT LOSSES | 2,219 | 578 | 4,032 | 893 |
| Net interest income after provision for credit losses | 10,779 | 11,681 | 33,248 | 33,517 |
| NONINTEREST INCOME | ||||
| Gain on sale of loans | 3,592 | 2,838 | 8,722 | 8,084 |
| Loan servicing income | 762 | 566 | 2,215 | 1,160 |
| Service charges and fees | 60 | 48 | 171 | 130 |
| Net interchange fees | 2,406 | 284 | 5,944 | 451 |
| Other income | 357 | 166 | 971 | 649 |
| Total noninterest income | 7,177 | 3,902 | 18,023 | 10,474 |
| NONINTEREST EXPENSE | ||||
| Salaries and employee benefits | 6,589 | 5,495 | 19,224 | 16,537 |
| Data processing | 1,637 | 930 | 4,375 | 2,470 |
| Occupancy expense | 418 | 404 | 1,210 | 1,269 |
| Legal and professional fees | 644 | 424 | 1,915 | 1,571 |
| Loan related costs | 576 | 443 | 1,290 | 1,278 |
| Audits and exams | 262 | 224 | 1,157 | 462 |
| Advertising and marketing | 1,141 | 135 | 1,876 | 391 |
| FDIC insurance | 134 | 111 | 385 | 336 |
| Other | 916 | 889 | 2,187 | 2,251 |
| Total noninterest expense | 12,317 | 9,055 | 33,619 | 26,564 |
| INCOME BEFORE PROVISION FOR INCOME TAXES | 5,639 | 6,528 | 17,652 | 17,427 |
| Provision for income taxes | 1,282 | 1,513 | 3,992 | 4,035 |
| NET INCOME BEFORE EQUITY INVESTMENT LOSS | 4,357 | 5,015 | 13,660 | 13,392 |
| Net loss attributable to equity investment | (49) | - | (127) | - |
| NET INCOME | $4,308 | $5,015 | $13,533 | $13,392 |
| PER COMMON SHARE DATA | ||||
| Basic earnings per common share | $0.30 | $0.38 | $0.95 | $1.04 |
| Diluted earnings per common share | $0.30 | $0.38 | $0.93 | $1.02 |
| Weighted-average basic shares outstanding | 14,280,165 | 13,066,656 | 14,269,955 | 12,896,611 |
| Weighted-average diluted shares outstanding | 14,525,422 | 13,235,935 | 14,509,956 | 13,074,782 |
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