GBank Financial Holdings Inc 8-K, filed Jul 29, 2026

GBank Financial Holdings Inc. (GBFH)

8-K 2026-07-29 For: 2026-07-24

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Added on July 29, 2026

About this 8-K

GBank Financial Holdings Inc filed this 8-K on July 29, 2026, reporting on events of July 24, 2026.

Items reported

Item 2.02: Financial results
Item 9.01: Financial statements and exhibits

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Nevada	001-42621	82-3869786
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

9115 West Russell Road Suite 110
Las Vegas, Nevada		89148
(Address of Principal Executive Offices)		(Zip Code)


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, par value $0.0001 per share	GBFH	The Nasdaq Stock Market LLC


			GBANK FINANCIAL HOLDINGS INC.

Date:	July 29, 2026	By:	/s/ Edward M. Nigro
			Edward M. Nigro Executive Chairman and Chief Executive Officer


																Linked Quarter						Quarter Year-Over-Year
																6/30/26 vs. 3/31/26						6/30/26 vs. 6/30/25
($’s in 000, except per share data)	June 30, 2026			Mar 31, 2026			Dec 31, 2025			Sep 30, 2025			Jun 30, 2025			$ Var			% Var			$ Var			% Var
Assets
Cash and Due From Banks	$	6,726		$	4,960		$	5,326		$	4,988		$	11,877		$	1,766			35.6	%	$	(5,151	)		-43.4	%
Interest-Bearing Deposits With Other Financial Institutions		134,603			103,134			192,538			98,402			131,352			31,469			30.5	%		3,251			2.5	%
Total Cash and Cash Equivalents		141,329			108,094			197,864			103,390			143,229			33,235			30.7	%		(1,900	)		-1.3	%

Investment Securities:
Available For Sale, at Fair Value		115,018			111,320			71,038			85,774			82,886			3,698			3.3	%		32,132			38.8	%
Held to Maturity, at Amortized Cost		-			-			-			38,578			39,515			-			0.0	%		(39,515	)		-100.0	%
Loans Held For Sale		50,848			74,507			46,009			66,791			45,242			(23,659	)		-31.8	%		5,606			12.4	%
Loans, Net of Deferred Fees and Costs:
Commercial and Industrial		80,766			81,623			80,216			66,226			59,021			(857	)		-1.0	%		21,745			36.8	%
Commercial Real Estate - Non-owner Occupied		849,634			823,966			750,565			743,084			682,021			25,668			3.1	%		167,613			24.6	%
Commercial Real Estate - Owner Occupied		88,216			91,578			94,576			97,396			96,526			(3,362	)		-3.7	%		(8,310	)		-8.6	%
Construction and Land Development		2,255			2,270			2,288			2,115			4,371			(15	)		-0.7	%		(2,116	)		-48.4	%
Multifamily		18,836			18,930			18,950			18,979			18,987			(94	)		-0.5	%		(151	)		-0.8	%
Residential		1,284			816			1,316			3,828			6,810			468			57.4	%		(5,526	)		-81.1	%
Consumer		6,361			5,953			11,358			8,963			3,894			408			6.9	%		2,467			63.4	%
Total Loans, Net of Deferred Fees and Costs		1,047,352			1,025,136			959,269			940,591			871,630			22,216			2.2	%		175,722			20.2	%
Less: Allowance for Credit Losses		(12,418	)		(10,755	)		(9,890	)		(10,577	)		(9,205	)		(1,663	)		15.5	%		(3,213	)		34.9	%
Total Net Loans		1,034,934			1,014,381			949,379			930,014			862,425			20,553			2.0	%		172,509			20.0	%

Loan Servicing Asset		12,270			11,376			11,140			10,621			9,736			894			7.9	%		2,534			26.0	%
Restricted Investment in Bank Stock		5,797			5,513			5,513			5,513			5,513			284			5.2	%		284			5.2	%
All Other Assets		71,506			68,621			78,548			60,697			43,878			2,885			4.2	%		27,628			63.0	%
Total Assets	$	1,431,702		$	1,393,812		$	1,359,491		$	1,301,378		$	1,232,424		$	37,890			2.7	%	$	199,278			16.2	%
Liabilities
Non-Interest Bearing Demand	$	233,444		$	215,063		$	214,127		$	227,921		$	228,913		$	18,381			8.5	%	$	4,531			2.0	%
Interest Bearing Demand		65,995			79,186			70,966			63,741			57,254			(13,191	)		-16.7	%		8,741			15.3	%
Savings and Money Market		353,066			281,426			289,038			281,435			309,559			71,640			25.5	%		43,507			14.1	%
Certificates of Deposit		553,227			595,290			568,564			519,080			436,738			(42,063	)		-7.1	%		116,489			26.7	%
Total Deposits		1,205,732			1,170,965			1,142,695			1,092,177			1,032,464			34,767			3.0	%		173,268			16.8	%


Short-Term Borrowings		-			-			371			-			-			-			0.0	%		-			-100.0	%
Subordinated Debt		30,328			30,326			26,163			26,144			26,126			2			0.0	%		4,202			16.1	%
Operating Lease Liability		5,382			5,571			5,757			5,942			6,121			(189	)		-3.4	%		(739	)		-12.1	%
Other Liabilities		17,450			19,328			18,750			18,922			15,964			(1,878	)		-9.7	%		1,486			9.3	%
Total Liabilities		1,258,892			1,226,190			1,193,736			1,143,185			1,080,675			32,702			2.7	%		178,217			16.5	%

Equity
Common Stock		1			1			1			1			1			-			0.0	%		-			0.0	%
Additional Paid-in Capital		82,606			81,999			80,405			80,016			79,291			607			0.7	%		3,315			4.2	%
Retained Earnings		92,143			86,681			85,366			77,970			73,662			5,462			6.3	%		18,481			25.1	%
Accumulated Other Comprehensive (Loss) Income		(1,940	)		(1,059	)		(17	)		206			(1,205	)		(881	)		83.2	%		(735	)		61.0	%
Total Stockholders’ Equity		172,810			167,622			165,755			158,193			151,749			5,188			3.1	%		21,061			13.9	%
Total Liabilities & Stockholders’ Equity	$	1,431,702		$	1,393,812		$	1,359,491		$	1,301,378		$	1,232,424		$	37,890			2.7	%	$	199,278			16.2	%

Book Value Per Common Share	$	11.94		$	11.58		$	11.52		$	11.07		$	10.63		$	0.36			3.1	%	$	1.31			12.3	%


	Three Months Ended															Six Months Ended
($’s in 000, except per share data)	Jun 30, 2026			Mar 31, 2026			Dec 31, 2025			Sep 30, 2025			Jun 30, 2025			Jun 30, 2026			Jun 30, 2025
Interest Income
Loans	$	20,093		$	18,958		$	20,196		$	18,919		$	17,659		$	39,051		$	34,495
Deposits With Other Financial Institutions		1,296			1,257			1,018			1,160			1,365			2,553			2,557
Investment Securities		1,326			1,102			1,404			1,421			1,414			2,428			2,695
Other Interest Bearing Balances		14			277			121			122			117			291			217
Total Interest Income		22,729			21,594			22,739			21,622			20,555			44,323			39,964

Interest Expense
Deposits		9,509			8,893			8,998			8,339			7,905			18,402			15,135
Short-term Borrowings and Subordinated Debt		419			510			286			285			262			929			547
Total Interest Expense		9,928			9,403			9,284			8,624			8,167			19,331			15,682

Net Interest Income		12,801			12,191			13,455			12,998			12,388			24,992			24,282
(Provision) Net Benefit for Credit Losses - Loans		(2,829	)		(2,323	)		130			(2,207	)		(1,079	)		(5,152	)		(1,789	)
Net (Provision) Benefit for Credit Losses - Unfunded Commitments		(15	)		30			52			(12	)		(13	)		15			(24	)
Net Interest Income after Provision for Credit Losses		9,957			9,898			13,637			10,779			11,296			19,855			22,469

Non-Interest Income
Gain on Sales of Loans		5,544			3,790			3,625			3,592			2,593			9,334			5,130
Loan Servicing Income		1,248			998			963			762			750			2,246			1,453
Service Charges and Fees		86			58			56			60			54			144			110
Net Interchange Fees		1,823			2,191			1,806			2,406			1,535			4,014			3,538
Gain on Sale of Investment Securities		-			-			426			-			-			-			-
Other Income		448			417			387			357			452			865			616
Total Non-Interest Income		9,149			7,454			7,263			7,177			5,384			16,603			10,847

Non-Interest Expenses
Salaries and Employee Benefits		6,808			6,750			6,237			6,589			6,235			13,558			12,635
Occupancy Expenses		399			410			410			418			400			809			792
Other Expenses		4,791			8,716			4,813			5,310			3,761			13,507			7,876
Total Non-Interest Expenses		11,998			15,876			11,460			12,317			10,396			27,874			21,303

Income Before Provision For Income Taxes		7,108			1,476			9,440			5,639			6,284			8,584			12,013
Provision For Income Taxes		(1,625	)		(139	)		(2,026	)		(1,282	)		(1,486	)		(1,764	)		(2,710	)
Net Income Before Equity Investment Loss		5,483			1,337			7,414			4,357			4,798			6,820			9,303
Net Loss Attributable to Equity Investment		(21	)		(22	)		(18	)		(49	)		(43	)		(43	)		(78	)
Net Income	$	5,462		$	1,315		$	7,396		$	4,308		$	4,755		$	6,777		$	9,225

Earnings Per Share	$	0.38		$	0.09		$	0.52		$	0.30		$	0.33		$	0.47		$	0.65
Earnings Per Share (Diluted)	$	0.38		$	0.09		$	0.51		$	0.30		$	0.33		$	0.47		$	0.63
Average Common Shares Outstanding		14,470			14,415			14,360			14,280			14,274			14,443			14,265
Diluted Average Common Shares Outstanding		14,544			14,506			14,555			14,525			14,551			14,511			14,536

GBank Financial Holdings Inc 8-K, filed Jul 29, 2026

About this 8-K

Items reported

FORM 8-K

Item 2.02 Results of Operations and Financial Condition.

Item 9.01 Financial Statements and Exhibits.


	For the Three Months Ended
	June 30, 2026							March 31, 2026							June 30, 2025
(Dollars in thousands)	Average				Yield/			Average				Yield/			Average				Yield/
	Balance		Interest		Rate(1)			Balance		Interest		Rate(1)			Balance		Interest		Rate(1)
ASSETS:
Interest Bearing Deposits	$	134,527	$	1,296		3.86	%	$	132,062	$	1,257		3.86	%	$	115,974	$	1,365		4.72	%
Investment Securities:
Taxable		114,526		1,326		4.64	%		101,725		1,102		4.39	%		119,880		1,414		4.73	%
Loans and Loans Held For Sale		1,102,289		20,093		7.31	%		1,041,831		18,958		7.38	%		911,028		17,659		7.77	%
Restricted Investment in Bank Stock		5,750		14		0.98	%		5,513		277		20.38	%		5,362		117		8.75	%
Total Earning Assets		1,357,092		22,729		6.72	%		1,281,131		21,594		6.84	%		1,152,244		20,555		7.16	%

Cash and Due From Banks		6,804							6,108							6,782
Other Assets		67,682							68,981							41,894
Total Assets	$	1,431,578						$	1,356,220						$	1,200,920

LIABILITIES & STOCKHOLDERS’ EQUITY
Deposits:
Interest-bearing Demand	$	69,922		498		2.86	%	$	73,173		521		2.89	%	$	60,320		316		2.10	%
Money Market and Savings		339,718		3,113		3.68	%		275,878		2,545		3.74	%		303,814		2,929		3.87	%
Certificates of Deposit		579,583		5,898		4.08	%		569,474		5,828		4.15	%		413,940		4,660		4.52	%
Total Interest-Bearing Deposits		989,223		9,509		3.86	%		918,525		8,893		3.93	%		778,074		7,905		4.08	%

Short-Term Borrowings		-		-		0.00	%		14		-		0.00	%		-		-		0.00	%
Subordinated Debt		30,319		419		5.54	%		29,008		510		7.13	%		26,113		262		4.02	%
Total Interest-Bearing Liabilities		1,019,542		9,928		3.91	%		947,547		9,403		4.02	%		804,187		8,167		4.07	%

Noninterest-bearing Deposits		212,756							212,683							223,201
Other Liabilities		25,914							25,098							22,404
Stockholders’ Equity		173,366							170,892							151,128
Total Liabilities & Stockholders’ Equity	$	1,431,578						$	1,356,220						$	1,200,920

Net Interest Income			$	12,801						$	12,191						$	12,388

Total Yield on Earning Assets						6.72	%						6.84	%						7.16	%
Cost on Interest-Bearing Liabilities						3.91	%						4.02	%						4.07	%
Average Interest Spread						2.81	%						2.82	%						3.08	%
Net Interest Margin						3.78	%						3.86	%						4.31	%

(1) Ratios are annualized on an actual/actual basis


	For the Six Months Ended
	June 30, 2026							June 30, 2025
(Dollars in thousands)	Average				Yield/			Average				Yield/
	Balance		Interest		Rate(1)			Balance		Interest		Rate(1)
ASSETS:
Interest Bearing Deposits	$	133,262	$	2,553		3.86	%	$	109,338	$	2,557		4.72	%
Investment Securities:
Taxable		108,161		2,428		4.53	%		112,591		2,695		4.83	%
Loans and Loans Held For Sale		1,072,227		39,051		7.34	%		888,982		34,495		7.82	%
Restricted Investment in Bank Stock		5,632		291		10.42	%		5,009		217		8.74	%
Total Earning Assets		1,319,282		44,323		6.77	%		1,115,920		39,964		7.22	%

Cash and Due From Banks		6,497							6,501
Other Assets		68,328							40,543
Total Assets	$	1,394,107						$	1,162,964

LIABILITIES & STOCKHOLDERS’ EQUITY
Deposits:
Interest-bearing Demand	$	71,539		1,019		2.87	%	$	62,992		672		2.15	%
Money Market and Savings		307,974		5,658		3.70	%		284,060		5,340		3.79	%
Certificates of Deposit		574,556		11,725		4.12	%		399,899		9,123		4.60	%
Total Interest-Bearing Deposits		954,069		18,402		3.89	%		746,951		15,135		4.09	%

Short-Term Borrowings		7		-		0.00	%		-		-		0.00	%
Subordinated Debt		29,667		929		6.32	%		26,104		547		4.23	%
Total Interest-Bearing Liabilities		983,743		19,331		3.96	%		773,055		15,682		4.09	%

Noninterest-bearing Deposits		212,720							221,050
Other Liabilities		25,508							21,278
Stockholders’ Equity		172,136							147,581
Total Liabilities & Stockholders’ Equity	$	1,394,107						$	1,162,964

Net Interest Income			$	24,992						$	24,282

Total Yield on Earning Assets						6.77	%						7.22	%
Cost on Interest-Bearing Liabilities						3.96	%						4.09	%
Average Interest Spread						2.81	%						3.13	%
Net Interest Margin						3.82	%						4.39	%

(1) Ratios are annualized on an actual/actual basis


	Three Months Ended															For the Six Months Ended
($'s in 000, except per share data)	Jun 30, 2026			Mar 31, 2026			Dec 31, 2025			Sep 30, 2025			Jun 30, 2025			Jun 30, 2026			Jun 30, 2025

Pre-Provision Net Revenue(1)
Net Interest Income	$	12,801		$	12,191		$	13,455		$	12,998		$	12,388		$	24,992		$	24,282
Non-Interest Income		9,149			7,454			7,263			7,177			5,384			16,603			10,847
Net Revenue	$	21,950		$	19,645		$	20,718		$	20,175		$	17,772		$	41,595		$	35,129
Non-Interest Expense		11,998			15,876			11,460			12,317			10,396			27,874			21,303
Pre-Provision Net Revenue	$	9,952		$	3,769		$	9,258		$	7,858		$	7,376		$	13,721		$	13,826
Less:
(Provision) Net Benefit for Credit Losses		(2,844	)		(2,293	)		182			(2,219	)		(1,092	)		(5,137	)		(1,813	)
Provision For Income Taxes		(1,625	)		(139	)		(2,026	)		(1,282	)		(1,486	)		(1,764	)		(2,710	)
Net Loss Attributable to Equity Investment		(21	)		(22	)		(18	)		(49	)		(43	)		(43	)		(78	)
Net Income	$	5,462		$	1,315		$	7,396		$	4,308		$	4,755		$	6,777		$	9,225

Adjusted Diluted Earnings Per Share Excluding Unusual Items(2)
Net Income	$	5,462		$	1,315		$	7,396		$	4,308		$	4,755		$	6,777		$	9,225
Unusual Items:
Form S-1 and Uplift Costs		-			-			-			30			290			-			1,049
Severance Expenses		-			-			257			1,001			-			-			-
Credit Card Fraud Losses		52			4,213			-			-			-			4,265
Costs Incurred Related to Discontinued Credit Card Marketing Campaign		-			-			416			1,692			-			-			-
Net Gain on Sales of Investment Securities		-			-			(426	)		-			-			-			-
Tax Effect of Unusual Expenses (a)		(12	)		(963	)		(55	)		(605	)		(64	)		(975	)		(233	)
Net Income Excluding Unusual Items	$	5,502		$	4,565		$	7,588		$	6,426		$	4,981		$	10,067		$	10,041

Weighted average diluted shares outstanding		14,544			14,506			14,555			14,525			14,551			14,511			14,536

Diluted Earnings Per Share	$	0.38		$	0.09		$	0.51		$	0.30		$	0.33		$	0.47		$	0.63
Adjusted Diluted Earnings Per Share Excluding Unusual Expenses	$	0.38		$	0.31		$	0.52		$	0.44		$	0.34		$	0.69		$	0.69

Gain on Loan Sales Margin(1)
Gain on Sale of Loans	$	5,544		$	3,790		$	3,625		$	3,592		$	2,593		$	9,334		$	5,130
Loans Sold		110,075			79,036			92,258			110,820			82,140			189,111			150,860
Gain on Loan Sales Margin		5.04	%		4.79	%		3.93	%		3.24	%		3.16	%		4.94	%		3.40	%

Guaranteed Loans as a Percent of Loans(3)
SBA and USDA Guaranteed Loans	$	174,971		$	177,617		$	183,739		$	193,688		$	192,324		$	174,971		$	192,324
Loans, Net of Deferred Fees and Costs		1,047,352			1,025,136			959,269			940,591			871,630			1,047,352			871,630
Guaranteed Loans as a % of Loans		16.7	%		17.3	%		19.2	%		20.6	%		22.1	%		16.7	%		22.1	%

Non-performing assets, excluding guaranteed, to total assets(3)
Non-performing assets	$	60,179		$	44,137		$	37,396		$	37,476		$	18,373		$	60,179		$	18,373
Less: SBA and USDA guaranteed portions of non-performing assets		36,876			34,340			28,240			29,236			13,792			36,876			13,792
Non-performing assets, excluding guaranteed portions		23,303			9,797			9,156			8,240			4,581			23,303			4,581
Total assets		1,431,702			1,393,812			1,359,491			1,301,378			1,232,424			1,431,702			1,232,424
Non-performing assets, excluding guaranteed, to total assets		1.63	%		0.70	%		0.67	%		0.63	%		0.37	%		1.63	%		0.37	%

Allowance for credit losses (ACL) to nonaccrual loans, excluding guaranteed(3)
Nonaccrual loans	$	50,206		$	39,736		$	32,141		$	34,608		$	18,227		$	50,206		$	18,227
Less: SBA and USDA guaranteed portions of nonaccrual loans		32,481			30,949			24,849			27,112			13,792			32,481			13,792
Nonaccrual loans, excluding guaranteed portions		17,725			8,787			7,292			7,496			4,435			17,725			4,435
ACL to nonaccrual loans, excluding guaranteed		70	%		122	%		136	%		141	%		208	%		70	%		208	%

ACL to loans, excluding guaranteed(3)
Loans, net of deferred fees and costs	$	1,047,352		$	1,025,136		$	959,269		$	940,591		$	871,630		$	1,047,352		$	871,630
Less: SBA and USDA guaranteed portions of loans		174,971			177,617			183,739			193,688			192,324			174,971			192,324
Loans, excluding guaranteed		872,381			847,519			775,530			746,903			679,306			872,381			679,306
ACL to loans, excluding guaranteed		1.42	%		1.27	%		1.28	%		1.42	%		1.36	%		1.42	%		1.36	%

Non-GAAP Financial Measures Footnotes
(1) We utilize this non-GAAP measurement to present trends in income generation of the Company.
(2) We utilize this non-GAAP measurement to present the core earnings and core ratios of the Company by excluding certain significant one-time expenses.
(3) We utilize these non-GAAP measurements to provide useful metrics regarding the at-risk assets of the Company.

(a) Estimated tax impact calculated using each respective period's effective tax rate.