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LAS VEGAS, May 25, 2021 /PRNewswire/ GBank Financial Holdings Inc. ( GBank or the Company ) (OTCQX: GBFH), the parent company for Bank of George (the Bank ), today announced earnings for the first quarter of 2021 of $1.04 million, an increase of $0.36 million, or 52%, from the $0.68 million for the three months ended March 31, 2020. Earnings per diluted share increased to $0.08 for the three months ended March 31, 2021, up $0.02 from $0.06 for the first quarter of 2020.
Financial Highlights: March 31, 2021 compared to March 31, 2020
Total assets increased by $174 million, or 50%, to $520 million.
Net loans increased by $88 million, or 37%, to $327 million.
Total deposits increased by $154 million, or 54%, to $438 million.
GBank Financial Holdings Inc Announces Quarterly Operating Earnings
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GBank Financial Holdings Inc Announces Quarterly Operating Earnings
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OTC Markets Group Welcomes GBank Financial Holdings to OTCQX
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NEW YORK, Jan. 14, 2021 /PRNewswire/
OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for over 11,000 U.S. and global securities, today announced GBank Financial Holdings (OTCQX: GBFH), a bank holding company, which conducts business through its wholly owned subsidiary, Bank of George, has qualified to trade on the OTCQX® Best Market. GBank Financial Holdings was previously privately-held.
GBank Financial Holdings begins trading today on OTCQX under the symbol GBFH. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.