Georgia Banking Company — Third Quarter 2026 Earnings Summary

Georgia Banking Company reported net income of $6.3 million, or $0.57 per diluted share, for the third quarter of 2026, following the full integration of its merger with Tandem Bancorp, Inc. The company's net interest income rose 8.0% to $31.4 million, while noninterest expense increased slightly to $23.8 million, a figure that included $2.0 million in direct listing expenses and $493,000 in merger-related costs. Total loans grew to $2.56 billion, driven by increases in commercial real estate and single-family residential lending, while total deposits decreased to $2.70 billion. The company maintained strong regulatory capital positions with a preliminary Common Equity Tier 1 ratio of 10.59% and recorded net charge-offs of $893,000 for the quarter.