Gbank
Las Vegas, Nevada · $1.43B in assets · beside the 11 other the Mountain West banks between $1B and $3B (the state alone holds too few in the band to rank)
The filing
Gbank is the fifth largest of the 12 the Mountain West banks nearest its size between $1B and $3B, with $1.43B in assets at 30 June 2026. Loans are 90.0% of deposits, 7th of 11 against a median of 86.4%, and equity is 13.0% of assets, 4th of 12. Loans grew +19.8% in the year, 3rd of 11, and deposits grew 17.0%; the cohort's median loan growth is +6.4%.
Noncurrent loans are 4.96% of the book, the highest in the cohort against a median of 0.49%; 1.11% is 30 to 89 days past due, and the allowance covers them 0.2 times. Net charge-offs are 0.48% of loans, 8th of 11. Commercial real estate is 83.2% of loans, the highest in the cohort against a median of 31.8%, and 487% of capital, above the 300% screen, with construction at 1% against the 100% screen. CRE has grown +189.6% over 36 months, past the guidance's 50% prong.
Return on assets is 1.28%, 9th of 12 against a median of 1.52%, on an efficiency ratio of 60.1%, 9th of 12. Five years ago it was 1.75%. The question is what the concentration does under a commercial real estate stress, and how much of it is owner-occupied (owner-occupied nonresidential is 8.1% of loans).
SBA 7(a), FY2008 to FY2026
Gbank is the 6th largest 7(a) lender into North Carolina of 326, with $497M across 177 loans, 4.1% of everything approved in the state (Live Oak Banking Company leads with $1.40B). 173 of its 524 markets have had no approvals since before FY2023: an absence in the record, not a stated withdrawal.
| County | Approved | Rank | Share | Trend |
|---|---|---|---|---|
| Mecklenburg, NC | $71M | 6th of 177 | 3.5% | +6.4 pts |
| Cook, IL | $63M | 23rd of 282 | 1.0% | +0.0 pts |
| Marion, IN | $57M | 6th of 172 | 3.5% | +3.0 pts |
| Cumberland, NC | $41M | 1st of 87 | 13.9% | +8.9 pts |
| Durham, NC | $36M | 2nd of 89 | 8.9% | -2.8 pts |
| Harris, TX | $33M | 59th of 314 | 0.4% | +0.3 pts |
| Hamilton, OH | $33M | 10th of 122 | 2.3% | +3.9 pts |
| Wake, NC | $31M | 15th of 181 | 1.8% | +0.9 pts |
| Forsyth, NC | $26M | 4th of 86 | 6.9% | +4.0 pts |
| Franklin, OH | $26M | 19th of 166 | 1.2% | +0.6 pts |
| Fulton, GA | $24M | 32nd of 211 | 0.8% | +3.2 pts |
| Guilford, NC | $24M | 5th of 125 | 4.0% | +8.6 pts |
| Chatham, GA | $24M | 9th of 121 | 3.4% | +1.5 pts |
| Industry | Loans | Approved | Share of book | Share of sector | Rank |
|---|---|---|---|---|---|
| Accommodation & food services | 848 | $2.45B | 89.3% | 3.20% | 2nd of 2,596 |
| Retail trade | 66 | $81M | 3.0% | 0.13% | 127th of 2,589 |
| Transportation & warehousing | 72 | $79M | 2.9% | 0.60% | 30th of 1,563 |
| Health care & social assistance | 23 | $25M | 0.9% | 0.05% | 223rd of 2,172 |
| Real estate & leasing | 11 | $18M | 0.6% | 0.14% | 120th of 1,452 |
Commercial real estate against capital
| Gbank | Rank | Cohort median | |
|---|---|---|---|
| Total CRE against capital, the 300% screen | 487% | 12th of 12 | 173% |
| Construction against capital, the 100% screen | 1% | 2nd of 12 | 47% |
| Construction and land development, share of loans | 0.2% | 1st of 11 | 8.8% |
| Non-owner-occupied nonfarm nonresidential, share of loans | 81.3% | 11th of 11 | 17.0% |
| Total CRE, the guidance definition, share of loans | 83.2% | 11th of 11 | 31.8% |
| CRE growth over 36 months, the third prong | +189.6% | 11th of 11 | +41.2% |
Among its peers
| Institution | Assets | ROA | Efficiency | NPA / loans | Net charge-offs | Allowance / loans | Loans / deposits | Equity / assets |
|---|---|---|---|---|---|---|---|---|
| $1.59B | 1.1% | 61.1% | 1.79% | 2.23% | 1.5% | 90.9% | 11.3% | |
| $1.56B | 5.2% | 32.4% | 2.54% | 5.93% | 3.9% | 96.7% | 14.1% | |
| $1.55B | 1.6% | 49.0% | 1.45% | 0.05% | 1.5% | 69.7% | 7.7% | |
| $1.45B | 1.5% | 55.1% | 3.79% | 0.89% | 1.5% | 78.4% | 16.1% | |
| $1.43B | 1.3% | 60.1% | 4.96% | 0.48% | 1.1% | 90.0% | 13.0% | |
| $1.42B | 1.3% | 67.8% | 0.01% | 0.01% | 1.0% | 86.4% | 9.7% | |
| $1.39B | 1.9% | 41.7% | 0.46% | 0.00% | 1.3% | 92.4% | 12.1% | |
| $1.36B | 0.9% | 52.8% | 0.05% | 0.12% | 1.2% | 78.2% | 10.5% | |
| $1.35B | 0.7% | 75.9% | 0.49% | 0.03% | 0.9% | 95.3% | 8.6% | |
| $1.34B | 3.0% | 31.2% | 0.01% | 0.00% | 0.6% | 67.0% | 12.7% | |
| $1.33B | 2.0% | 3.9% | no record | no record | no record | no record | 95.6% | |
| $1.30B | 1.7% | 47.2% | 0.26% | 0.01% | 1.2% | 80.2% | 9.8% |
| Gbank | Cohort median | |||||
|---|---|---|---|---|---|---|
| 2021 | 2026 | Change | 2021 | 2026 | Change | |
| Loans | $302M | $1.10B | +264% | $636M | $1.00B | +58% |
| Deposits | $470M | $1.22B | +160% | $832M | $1.20B | +45% |
| NPA / loans | 0.35% | 4.96% | +4.61 pts | 0.35% | 0.49% | +0.13 pts |
| Efficiency | 57.9% | 60.1% | +2.3 pts | 53.9% | 50.9% | -3.0 pts |
| ROA | 1.75% | 1.28% | -0.47 pts | 1.71% | 1.52% | -0.19 pts |
This read was prepared for Gbank's board and management from the public record, and is one slice of what Lynx builds for any bank from its own filing: the peer cohort, the capital, liquidity and rate models with the assumptions the institution sets, and a summary report of twenty sections for the board.
The full pack on Gbank is prepared on request, and thirty days on the institution's own numbers are open to anyone at the bank.
Ask for the packPrepared 7 September 2026
Filing 30 June 2026
Cohort Mountain West banks $1B to $3B
Institution www.g.bank
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