For the quarter ending 2026-03-31, GBFH had -$89,770K decrease in cash & cash equivalents over the period. -$10,278K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 1,315 | 7,396 | 4,308 | 9,225 |
| Provision for credit losses | 2,293 | -182 | 2,219 | 1,813 |
| Depreciation | 66 | 62 | 59 | 116 |
| Amortization and writeoff of loan servicing assets | 1,516 | 1,484 | 1,510 | 2,640 |
| Amortization of operating lease right of use assets | 220 | 219 | 220 | 436 |
| Amortization of subordinated debt issuance costs | 25 | 19 | 18 | 38 |
| Credit card fraud losses | 4,213 | - | - | - |
| Investment securities amortization and accretion, net | 339 | 218 | 205 | 368 |
| Net gain on sales of investment securities | - | 426 | - | - |
| Loss on writedown of other real estate owned | - | -72 | - | - |
| Increase in accrued interest receivable | - | 745 | -511 | 422 |
| Stock compensation expense | 664 | 389 | 523 | 1,148 |
| Gain on sale of loans | 3,790 | 3,625 | 3,592 | 5,130 |
| Gross originations of loans held for sale | 111,821 | 60,497 | 138,112 | 171,804 |
| Proceeds from sale of loans held for sale | 85,016 | 98,377 | 117,760 | 160,941 |
| Income from bank owned life insurance | 304 | 304 | 254 | 210 |
| Net change in deferred income taxes | 463 | -670 | 568 | -32 |
| (decrease) increase in other assets | -10,930 | 15,668 | -620 | 3,213 |
| Net change in operating lease liability | -187 | -185 | -179 | -372 |
| Increase (decrease) in accrued interest payable and other liabilities | 578 | -172 | 2,958 | 307 |
| Net cash used in operating activities | -10,068 | 26,666 | -12,204 | -4,823 |
| Purchases of premises and equipment | 210 | 301 | 144 | 51 |
| Purchased loans | - | 0 | 0 | 0 |
| Purchase of bank owned life insurance | - | 0 | 15,000 | - |
| Purchase of fhlb stock | - | 0 | 0 | 861 |
| Proceeds from sales of securities available for sale | - | 13,762 | - | - |
| Purchase of securities available for sale | 44,041 | 4,077 | 6,929 | 21,903 |
| Maturities and repayments of investment securities available for sale | 2,745 | 5,115 | 6,100 | 5,152 |
| Proceeds from sales of securities held to maturity | - | 38,620 | - | - |
| Maturities and repayments of investment securities held to maturity | 0 | 248 | 915 | 1,031 |
| Net change in loans | 71,163 | 36,448 | 72,492 | 57,394 |
| Net cash used in investing activities | -112,669 | 16,919 | -87,550 | -74,026 |
| Net increase in deposits | 28,270 | 50,518 | 59,713 | 97,384 |
| Net change in short-term borrowings | -371 | - | 0 | 0 |
| Subordinated debt advances | 10,532 | - | - | - |
| Increase (decrease) in short-term borrowings | - | 371 | - | - |
| Subordinated debt redemption | 6,394 | - | - | - |
| Proceeds from repayment of stock option loans | 0 | 0 | 0 | 548 |
| Net proceeds from issuance of common stock | 930 | 0 | 202 | 24 |
| Net cash provided by financing activities | 32,967 | 50,889 | 59,915 | 97,956 |
| Net (decrease) increase in cash and cash equivalents | -89,770 | 94,474 | -39,839 | 19,107 |
| Cash and cash equivalents beginning of period | 197,864 | 103,390 | 124,122 | - |
| Cash and cash equivalents end of period | 108,094 | 197,864 | 103,390 | - |
GBank Financial Holdings Inc. (GBFH)
GBank Financial Holdings Inc. (GBFH)