Every material Form 8-K GEORGIA BANKING CO INC has filed with the SEC since October 27, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Georgia Banking Company filed an investor presentation with its third-quarter 2026 results, its first full quarter of combined operations with Tandem Bancorp, which closed June 1, 2026. Net interest income rose 8.0% from the second quarter to $31.4 million, while noninterest income fell 13.8% to $2.8 million and net interest margin declined to 4.17%.
Diluted EPS of $0.57 and operating EPS of $0.74 for the quarter; ROTCE 9.70% and operating ROTCE 12.41%
Net interest income $31.4 million, up 8.0% from 2Q26; NIM down 14 basis points, which the company attributed to higher cost of refinanced subordinated debt
Noninterest income $2.8 million, down 13.8% from 2Q26, due to lower retail mortgage originations
CET1 ratio 10.59% at quarter end, up from 10.29% in 2Q26; management plans to use the presentation in investor meetings beginning November 9, 2026
Georgia Banking Company reported third-quarter 2026 net income of $6.3 million, or $0.57 per diluted share, up in dollars from $5.6 million in the second quarter but down from $0.60 per diluted share, as the weighted diluted share count rose to 10.9 million from 9.4 million after the Tandem Bancorp merger. Net interest income rose 8.0% to $31.4 million, but the net interest margin narrowed to 4.17% and nonperforming assets increased to $22.1 million. Shareholders should note this was the first full quarter of combined operations after the merger, and the company said its shares are preparing to begin trading on the Nasdaq Capital Market.
Net income $6.3 million, or $0.57 diluted EPS, versus $5.6 million, or $0.60, in the second quarter of 2026
Net interest income rose $2.3 million, or 8.0%, to $31.4 million; net interest margin fell to 4.17% from 4.31%
Pre-tax direct listing expense of $2.0 million and merger and acquisition expense of $493 thousand
Nonperforming assets $22.1 million, or 0.70% of total assets, up from $17.3 million, or 0.53%, at June 30, 2026
Georgia Banking Company, Inc. said its common stock has been approved for direct listing on the Nasdaq Capital Market and is expected to begin trading under the ticker GBC on Thursday, October 29, 2026. The company said no new shares will be issued or sold in connection with the listing, which covers the potential resale of up to 7,074,016 shares by selling shareholders, so the listing itself does not raise new capital for the company but may add liquidity and a public trading price for existing shareholders.
Trading expected to begin Thursday, October 29, 2026, under the ticker GBC on the Nasdaq Capital Market
No new shares will be issued or sold by the company in connection with the listing
Registration Statement on Form S-1 covers potential resale of up to 7,074,016 shares by selling shareholders
As of September 30, 2026, the bank had approximately $3.1 billion in total assets
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