NASDAQ : GBC
Georgia Banking Company, Inc. — Financial statements
Financials · Banks - Regional · United States
Last price 38.38 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 429.65M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2009 | FY2007 | FY2006 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 151.62M | 151.62M | 118.07M | |||
| Interest Income on Investments | 13.25M | 13.25M | 12.34M | |||
| Total Interest Income | 164.87M | 164.87M | 130.41M | |||
| Interest Paid on Deposits | 53.97M | 53.97M | 50.98M | |||
| Interest Paid on Borrowings | 8.52M | 8.52M | 7.75M | |||
| Total Interest Expense | 62.49M | 62.49M | 58.73M | |||
| Net Interest Income | 102.38M | 102.38M | 71.68M | |||
| Mortgage Banking Activities | 2.75M | 2.75M | 1.77M | |||
| Other Non-Interest Income | 3.88M | 3.88M | 2.02M | |||
| Total Non-Interest Income | 10.34M | 10.34M | 7.31M | |||
| Revenues Before Loan Losses | 112.72M | 112.72M | 78.99M | |||
| Provision for Loan Losses | 4.52M | 4.52M | 8.32M | |||
| Revenue | 108.20M | 108.20M | 70.67M | |||
| Salaries and Employee Benefits | 45.07M | 45.07M | 36.55M | |||
| Federal Deposit Insurance | 2.25M | 2.25M | 1.88M | |||
| Selling, General & Administrative | 18.67M | 18.67M | 17.08M | |||
| Other Non-Interest Expense | 5.62M | 5.62M | 3.87M | |||
| Total Non-Interest Expense | 71.62M | 71.62M | 59.38M | |||
| EBT Excluding Unusual Items | 36.57M | 36.57M | 11.29M | |||
| Pretax Income | 29.84M | 29.84M | 11.29M | |||
| Income Tax Expense | 7.76M | 7.76M | 2.83M | |||
| Earnings From Continuing Operations | 22.08M | 8.46M | ||||
| Net Income | 22.08M | 22.08M | 8.46M | -133.01K | 373.00K | 1.65M |
| Net Income to Common | 22.08M | 22.08M | 8.46M | |||
| Basic Shares Outstanding | 8.24M | 8.24M | 7.33M | |||
| Diluted Shares Outstanding | 8.44M | 8.44M | 7.53M | |||
| EPS (Basic) | 2.68 | 2.68 | 1.15 | |||
| EPS (Diluted) | 2.62 | 2.62 | 1.12 | |||
| Effective Tax Rate | 26.00% | 26.00% | 25.07% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2009 | FY2007 | FY2006 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 280.37M | 280.37M | 267.81M | 2.05M | 3.94M | 2.42M |
| Investment Securities | 39.40M | 39.40M | 64.79M | |||
| Mortgage-Backed Securities | 55.09M | 55.09M | 40.52M | |||
| Total Investments | 94.48M | 94.48M | 105.31M | |||
| Gross Loans | 1.73B | 1.73B | 1.32B | |||
| Allowance for Loan Losses | -25.57M | -25.57M | -20.60M | |||
| Other Adjustments to Gross Loans | -5.31M | -5.31M | -4.83M | |||
| Net Loans | 1.70B | 1.70B | 1.29B | |||
| Property, Plant & Equipment | 55.13M | 55.13M | 50.41M | 3.22M | 2.04M | 3.26M |
| Goodwill | 4.81M | 4.81M | ||||
| Other Intangible Assets | 5.66M | 5.66M | ||||
| Loans Held for Sale | 505.36M | 505.36M | 498.23M | |||
| Accrued Interest Receivable | 8.69M | 8.69M | 7.66M | |||
| Other Long-Term Assets | 48.47M | 48.47M | 42.52M | |||
| Total Assets | 2.70B | 2.70B | 2.26B | 8.02M | 206.39M | 170.52M |
| Interest Bearing Deposits | 1.52B | 1.52B | 1.28B | |||
| Institutional Deposits | 225.80M | 225.80M | 157.40M | |||
| Non-Interest Bearing Deposits | 617.39M | 617.39M | 393.72M | |||
| Total Deposits | 2.36B | 2.36B | 1.83B | |||
| Short-Term Borrowings | 359.00K | |||||
| Current Portion of Long-Term Debt | 150.00M | |||||
| Current Portion of Leases | 4.19M | 4.19M | ||||
| Accrued Interest Payable | 14.96M | 14.96M | 16.07M | |||
| Long-Term Debt | 71.22M | 71.22M | 61.89M | |||
| Long-Term Leases | 33.88M | 33.88M | 40.77M | |||
| Pension & Post-Retirement Benefits | 1.10M | 1.10M | 1.20M | |||
| Other Long-Term Liabilities | 12.39M | 12.39M | 9.19M | |||
| Total Liabilities | 2.50B | 2.50B | 2.11B | |||
| Common Stock | 84.00K | 84.00K | 74.00K | |||
| Additional Paid-In Capital | 152.30M | 152.30M | 126.10M | |||
| Retained Earnings | 54.69M | 54.69M | 32.61M | |||
| Comprehensive Income & Other | -2.17M | -2.17M | -3.26M | |||
| Shareholders' Equity | 204.91M | 204.91M | 155.53M | 6.60M | 21.53M | 21.13M |
| Total Liabilities & Equity | 2.70B | 2.70B | 2.26B | 8.02M | 206.39M | 170.52M |
| Total Debt | 109.29M | 109.29M | 253.01M | |||
| Net Cash (Debt) | 171.09M | 171.09M | 14.80M | |||
| Net Cash Per Share | 20.26 | 20.26 | 1.96 | |||
| Filing Date Shares Outstanding | 10.61M | 10.61M | 7.33M | |||
| Total Common Shares Outstanding | 8.44M | 8.44M | 7.33M | |||
| Book Value Per Share | 24.27 | 24.27 | 21.20 | |||
| Tangible Book Value | 194.45M | 194.45M | 155.53M | |||
| Tangible Book Value Per Share | 23.03 | 23.03 | 21.20 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2009 | FY2007 | FY2006 | |
|---|---|---|---|---|---|---|
| Net Income | 22.08M | 22.08M | 8.46M | |||
| Depreciation & Amortization | 2.83M | 2.83M | 2.41M | |||
| Provision for Credit Losses | 4.52M | 4.52M | 8.32M | |||
| Net Decrease (Increase) in Loans Originated / Sold - Operating | -5.57M | -5.57M | -282.83M | |||
| Accrued Interest Receivable | 333.00K | 333.00K | 781.00K | |||
| Other Operating Activities | -4.14M | -4.14M | -2.00M | |||
| Operating Cash Flow | 23.75M | 23.75M | -257.99M | |||
| Capital Expenditures | -970.00K | -970.00K | -220.00K | |||
| Sale of Property, Plant and Equipment | 56.00K | 56.00K | ||||
| Cash Acquisitions | 16.28M | 16.28M | ||||
| Investment in Securities | 56.96M | 56.96M | -23.60M | |||
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -158.73M | -158.73M | -214.79M | |||
| Other Investing Activities | 1.11M | 1.11M | ||||
| Investing Cash Flow | -85.30M | -85.30M | -238.62M | |||
| Long-Term Debt Issued | 850.00M | 850.00M | 550.00M | |||
| Long-Term Debt Repaid | -1.01B | -1.01B | -450.00M | |||
| Net Debt Issued (Repaid) | -158.00M | -158.00M | 100.00M | |||
| Issuance of Common Stock | 2.46M | 2.46M | 1.00K | |||
| Net Increase (Decrease) in Deposit Accounts | 229.66M | 229.66M | 392.43M | |||
| Financing Cash Flow | 74.12M | 74.12M | 492.43M | |||
| Net Cash Flow | 12.56M | 12.56M | -4.18M | |||
| Free Cash Flow | 22.78M | 22.78M | -258.21M | |||
| Free Cash Flow Margin | 21.05% | 21.05% | -365.38% | |||
| Free Cash Flow Per Share | 2.70 | 2.70 | -34.28 | |||
| Cash Interest Paid | 63.54M | 63.54M | 57.69M | |||
| Cash Income Tax Paid | 9.68M | 9.68M | 452.00K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2009 | FY2007 | FY2006 | |
|---|---|---|---|---|---|---|
| Debt / Equity Ratio | 0.53 | 0.53 | 1.63 | |||
| Debt / FCF Ratio | 4.80 | 4.80 | ||||
| Net Debt / Equity Ratio | -0.83 | -0.83 | -0.10 | |||
| Net Debt / FCF Ratio | -7.51 | -7.51 | 0.06 | |||
| Asset Turnover | 1.63 | 0.00 | ||||
| Quick Ratio | 1.45 | 0.02 | 0.02 | |||
| Current Ratio | 3.03 | 1.09 | 1.13 | |||
| Return on Equity (ROE) | 12.25% | 12.25% | ||||
| Return on Assets (ROA) | 0.89% | 0.89% | ||||
| Buyback Yield / Dilution | -12.08% |