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GBank Financial Holdings Inc. Announces Quarterly Operating Earnings


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LAS VEGAS, July 22, 2021 /PRNewswire/ GBank Financial Holdings Inc. ( GBank or the Company ) (OTCQX: GBFH), the parent company for Bank of George (the Bank ), today reported earnings increased 222% to $3.36 million, or $0.26 per diluted share for the second quarter of 2021, compared to $1.04 million, or $0.08 per diluted share for the first quarter of 2021.  Year-to-date through June 30, 2021, earnings increased 199% to $4.40 million, or $0.34 per diluted share, compared to $1.47 million or $0.12 per diluted share for the year-to-date period ending June 30, 2020.
Second Quarter Financial Highlights (for the quarterly period ended and at June 30, 2021)
Net income increased 222% to $3.36 million, compared to Q1 2021. ....

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Lightfoot unveils broad relief package for Chicago businesses, consumers


Lightfoot unveils broad relief package for Chicago businesses, consumers
By FOX 32 Digital Staff
Published 
Lightfoot to unveil restaurant relief package at city council meeting
Mayor Lori Lightfoot is set to unveil a restaurant coronavirus relief package at Wednesday s city council meeting.
CHICAGO - Mayor Lori Lightfoot unveiled a package of ordinances on Wednesday designed to jumpstart recovery for Chicago businesses, workers and consumers in the wake of the coronavirus pandemic.
The Chi Biz Strong Initiative, introduced at Wednesday s City Council meeting, aims to provide financial relief to small businesses and offer new protections for workers and consumers, according to a press release from the mayor s office. ....

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GBank Financial Holdings Inc. Announces Quarterly Operating Earnings


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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. ....

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