Georgia Banking Co Inc director Richard Lee Tucker Jr. reported direct holdings, dated October 27, 2026, of 22,666 shares of Common Stock and 10,495 Deferred Stock Units. Each deferred unit will be settled in one Common Stock share following the reporting person's separation from service.
Georgia Banking Co Inc’s Form 3 lists indirect positions held by Patriot Financial Partners III, L.P.: 1,491,800 shares of common stock and warrants covering 150,478 shares of non-voting common stock. The warrants are fully exercisable at $21.62 per share and expire February 23, 2031. Director James F. Deutsch disclaims beneficial ownership of the securities except to the extent of his pecuniary interest.
Georgia Banking Company, Inc. registered the resale of up to 7,074,016 shares of its voting common stock by shareholders; the company will not receive proceeds from those sales. Non-voting common shares offered by shareholders automatically convert into voting common shares upon transfer.
The resale is not underwritten by an investment bank. GBC has applied to list its common stock on Nasdaq, and the direct listing is contingent on approval of that application; the company expects trading to begin on or about October 29, 2026. No established public trading market currently exists. In 2026, 2,298,970 primary and secondary shares were sold in private transactions at $30.00 per share; the company cautions that those prices may have little or no relation to public trading prices.
For the six months ended June 30, 2026, GBC reported net income of $13.296 million, compared with $6.731 million for the same 2025 period, and net interest income of $55.923 million versus $46.859 million. Total assets were $3,262.344 million as of June 30, 2026. The company completed the Georgia Primary acquisition, valued at approximately $27.1 million, in March 2025 and the Tandem acquisition, valued at approximately $35.5 million, in June 2026.