For the quarter ending 2025-09-30, GBFH had -$39,839K decrease in cash & cash equivalents over the period. -$12,348K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 4,308 | 9,225 |
| Provision for credit losses | 2,219 | 1,813 |
| Depreciation | 59 | 116 |
| Amortization and writeoff of loan servicing assets | 1,510 | 2,640 |
| Amortization of operating lease right of use assets | 220 | 436 |
| Amortization of subordinated debt issuance costs | 18 | 38 |
| Investment securities amortization and accretion, net | 205 | 368 |
| Stock compensation expense | 523 | 1,148 |
| Gain on sale of loans | 3,592 | 5,130 |
| Gross originations of loans held for sale | 138,112 | 171,804 |
| Proceeds from sale of loans held for sale | 117,760 | 160,941 |
| Income from bank owned life insurance | 254 | 210 |
| Net change in deferred income taxes | 568 | -32 |
| Decrease (increase) in accrued interest receivable | -511 | 422 |
| (decrease) increase in other assets | -620 | 3,213 |
| Net change in operating lease liability | -179 | -372 |
| Increase in accrued interest payable and other liabilities | 2,958 | 307 |
| Net cash used in by operating activities | -12,204 | -4,823 |
| Purchases of premises and equipment | 144 | 51 |
| Purchase of bank owned life insurance | 15,000 | - |
| Purchase of securities available for sale | 6,929 | 21,903 |
| Maturities and repayments of investment securities available for sale | 6,100 | 5,152 |
| Maturities and repayments of investment securities held to maturity | 915 | 1,031 |
| Purchase of fhlb stock | 0 | 861 |
| Purchased loans | 0 | 0 |
| Net change in loans | 72,492 | 57,394 |
| Net cash used in investing activities | -87,550 | -74,026 |
| Net increase in deposits | 59,713 | 97,384 |
| Net change in short-term borrowings | 0 | 0 |
| Proceeds from repayment of stock option loans | 0 | 548 |
| Net proceeds from issuance of common stock | 202 | 24 |
| Net cash provided by financing activities | 59,915 | 97,956 |
| Net decrease in cash and cash equivalents | -39,839 | 19,107 |
| Cash and cash equivalents at beginning of period | 124,122 | - |
| Cash and cash equivalents at end of period | 103,390 | - |
GBank Financial Holdings Inc. (GBFH)
GBank Financial Holdings Inc. (GBFH)