GBank Financial Holdings (GBank Financial Holdings) Allowance For Loans And Lease Losses : $-7.09 Mil (As of Mar. 2024)

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What is GBank Financial Holdings Allowance For Loans And Lease Losses?

GBank Financial Holdings's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was $-7.09 Mil.

GBank Financial Holdings's quarterly Allowance For Loans And Lease Losses declined from Sep. 2023 ($-6.63 Mil) to Dec. 2023 ($-7.09 Mil) but then stayed the same from Dec. 2023 ($-7.09 Mil) to Mar. 2024 ($-7.09 Mil).

GBank Financial Holdings's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-6.15 Mil) to Dec. 2022 ($-6.86 Mil) and declined from Dec. 2022 ($-6.86 Mil) to Dec. 2023 ($-7.09 Mil).

GBank Financial Holdings Allowance For Loans And Lease Losses Historical Data

The historical data trend for GBank Financial Holdings's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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GBank Financial Holdings Allowance For Loans And Lease Losses Chart

GBank Financial Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-3.06

-5.07

-6.15

-6.86

-7.09

GBank Financial Holdings Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-6.86	-7.17	-6.63	-7.09	-7.09

GBank Financial Holdings Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

GBank Financial Holdings Allowance For Loans And Lease Losses Related Terms

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GBank Financial Holdings (GBank Financial Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » GBank Financial Holdings Inc (OTCPK:GBFH) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

N/A

Address

9115 West Russell Road, Suite 110, Las Vegas, NV, USA, 89148

Website

https://www.gbankfinancialholdings.com

GBank Financial Holdings Inc, through its subsidiary, provides banking services to commercial and consumer customers. Its services include Business Savings Account; Business Money Market Account; Commercial Real Estate Loans; Equipment Loans; Medical/Professional Loans and others.