GBank Financial Holdings Inc. (GBFH)

GBank Financial Holdings Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 21, 2022
Cash & Equivalents	124.12	97.93	136.44
Investment Securities	3.96	0.36	0.3
Mortgage-Backed Securities	106.18	100.38	107.52
Total Investments	110.14	100.74	107.82
Gross Loans	824.86	598.45	376.66
Allowance for Loan Losses	-9.11	-7.09	-6.86
Other Adjustments to Gross Loans	-8.9	-6.3	-8.65
Net Loans	806.84	585.06	361.15
Property, Plant & Equipment	5.35	6.23	3.82
Loans Held for Sale	32.65	91.58	37.44
Accrued Interest Receivable	7.06	5.53	-
Long-Term Deferred Tax Assets	1.09	0.36	3.21
Other Long-Term Assets	30.45	27.74	26.94
Total Assets	1,122	918.38	678.7
Interest Bearing Deposits	644.53	528.8	250.48
Institutional Deposits	50.88	-	-
Non-Interest Bearing Deposits	239.67	216.9	304.95
Total Deposits	935.08	745.7	555.43
Short-Term Borrowings	-	30	-
Current Portion of Leases	0.91	-	-
Long-Term Debt	26.09	26.01	25.94
Long-Term Leases	3.93	5.5	2.98
Other Long-Term Liabilities	15.66	12.74	7.55
Total Liabilities	981.66	819.95	591.91
Common Stock	0	0	0
Additional Paid-In Capital	77.57	52.88	52.12
Retained Earnings	64.44	45.8	34.88
Comprehensive Income & Other	-1.31	-0.25	-0.21
Shareholders' Equity	140.7	98.43	86.8
Total Liabilities & Equity	1,122	918.38	678.7
Total Debt	30.93	61.51	28.92
Net Cash (Debt)	93.2	36.42	107.52
Net Cash Growth	155.87%	-66.12%	-
Net Cash Per Share	6.94	2.79	8.34
Filing Date Shares Outstanding	14.25	14.25	12.49
Total Common Shares Outstanding	14.25	12.75	12.49
Book Value Per Share	9.87	7.72	6.95
Tangible Book Value	140.7	98.43	86.8
Tangible Book Value Per Share	9.87	7.72	6.95

Updated Mar 12, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.