GBank Financial Holdings Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 21, 2022
Net Income	18.64	10.92	10.87
Depreciation & Amortization	5.52	6.45	5.88
Other Amortization	0.08	0.07	0.06
Gain (Loss) on Sale of Investments	-0.39	-0.6	-0.17
Total Asset Writedown	0.4	0.76	-
Provision for Credit Losses	2.24	1.09	1.35
Net Decrease (Increase) in Loans Originated / Sold - Operating	10.95	-49.6	9.08
Accrued Interest Receivable	-1.6	-1.92	-1.77
Change in Other Net Operating Assets	-1.26	-6.09	-1.81
Other Operating Activities	-0.41	-0.38	-0.36
Operating Cash Flow	26.48	-37.59	9.77
Capital Expenditures	-0.19	-0.33	-0.32
Investment in Securities	-6.77	7.69	-103.93
Net Decrease (Increase) in Loans Originated / Sold - Investing	-170.74	-227.22	-51.16
Other Investing Activities	-1.43	-1.33	-0.33
Investing Cash Flow	-179.13	-221.19	-155.73
Short-Term Debt Issued	-	30	-
Total Debt Issued	-	30	-
Short-Term Debt Repaid	-30	-	-
Total Debt Repaid	-30	-	-
Net Debt Issued (Repaid)	-30	30	-
Issuance of Common Stock	19.46	0.01	0.13
Net Increase (Decrease) in Deposit Accounts	189.38	190.27	45.87
Financing Cash Flow	178.84	220.27	46
Net Cash Flow	26.19	-38.5	-99.96
Free Cash Flow	26.29	-37.91	9.45
Free Cash Flow Margin	43.71%	-84.85%	23.36%
Free Cash Flow Per Share	1.96	-2.91	0.73
Cash Interest Paid	27.5	11.79	3.37
Cash Income Tax Paid	5.55	3.02	3.72

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