CEO Comments
Shaun A. Burke, President and Chief Executive
Officer of the Company stated, “We ended 2018 with continued strong
results across the Company. Steady expansion and consistent
performance along with our second quarter acquisition of Hometown
led to record annual earnings of $7.3 million in 2018. Our
fourth quarter earnings are indicative of normalized results now
that one-time items related to the acquisition are behind us.
We look forward to continuing first class service to our customers
in 2019 and enhancing the shareholder’s value from our
franchise.”
2018 Fourth Quarter and Fiscal Year
Highlights
- Successful integration of Carthage, Missouri-based Hometown
Bancshares “Hometown” locations and staff. This expanded the
number of branch facilities to serve our clients to sixteen
locations.
- A dividend increase of 8.3% was approved in December to be paid
to shareholders in January 2019. This is the fifth increase
in the past five years and has increased 160% since 2014.
Financial Condition – December 31, 2018
versus December 31, 2017
- Total assets grew $170.7 million (21%) to $965.1 million.
- Total gross loans increased $149.2 million (23%).
- Total deposits increased $142.3 million (23%).
- Stockholders’ equity increased by $5.6 million (7.5%) to $80.5
million.
Results of Operations – Fiscal Year 2018
versus Fiscal Year 2017
- Total revenues increased $14.6 million (42%)
- Net interest income increased $10.0 million (43%)
- Net interest margin increased 47 basis points to 3.76%
- One-time acquisition related costs of $3.7 million were
incurred in 2018. The primary areas of expense were
professional fees, re-branding of facilities and termination of
vendor contracts.
- Net income available to common shareholders for fiscal year
2018 was $7,331,879 as compared to $5,157,664 in fiscal year
2017. Diluted earnings per share was $1.64 for 2018 compared
to $1.16 for 2017. The increase is primarily driven by the
positive impact of increased interest-earning assets and
efficiencies gained from the Hometown acquisition. Also, 2017
was negatively impacted by a one-time $1.0 million charge related
to revaluing deferred tax assets as a result of the Tax Cuts and
Jobs Act signed into law in December 2017.
Select Quarterly Financial
Data
Below are selected financial results for the
Company’s fourth quarter of 2018, compared to the third quarter of
2018 and the fourth quarter of 2017.
|
Quarter ended |
|
December 31, |
|
September 30, |
|
|
December 31, |
|
|
2018 |
|
|
|
2018 |
|
|
|
|
2017 |
|
|
(Dollar amounts in thousands, except per share
data) |
Net income (loss)
available to common shareholders |
$ |
2,385 |
|
|
$ |
3,934 |
|
|
|
$ |
419 |
|
|
|
|
|
|
|
|
Diluted income (loss)
per common share |
$ |
0.53 |
|
|
$ |
0.88 |
|
|
|
$ |
0.09 |
|
Common shares
outstanding |
|
4,425,066 |
|
|
|
4,418,397 |
|
|
|
|
4,379,225 |
|
Average common shares
outstanding , diluted |
|
4,494,063 |
|
|
|
4,490,585 |
|
|
|
|
4,456,539 |
|
|
|
|
|
|
|
|
Annualized return on
average assets |
|
1.00 |
% |
|
|
1.64 |
% |
|
|
|
0.23 |
% |
Annualized return on
average common equity |
|
11.79 |
% |
|
|
20.26 |
% |
|
|
|
2.22 |
% |
Net interest
margin |
|
3.83 |
% |
|
|
4.77 |
% |
|
|
|
3.12 |
% |
Efficiency ratio |
|
68.19 |
% |
|
|
54.68 |
% |
|
|
|
75.99 |
% |
|
|
|
|
|
|
|
Common equity to assets
ratio |
|
8.34 |
% |
|
|
8.13 |
% |
|
|
|
9.43 |
% |
Tangible common equity
to tangible assets |
|
7.80 |
% |
|
|
7.58 |
% |
|
|
|
9.43 |
% |
Book value per common
share |
$ |
18.18 |
|
|
$ |
17.79 |
|
|
|
$ |
17.10 |
|
Tangible book value per
common share |
$ |
16.92 |
|
|
$ |
16.48 |
|
|
|
$ |
17.10 |
|
Nonperforming assets to
total assets |
|
1.47 |
% |
|
|
1.56 |
% |
|
|
|
1.28 |
% |
The following were items impacting the fourth quarter operating
results as compared to the same quarter in 2017 and the financial
condition results compared to December 31, 2017:
Interest income – Total interest income
increased $3,629,000 (46%) during the quarter. The increase
is primarily driven by addition of earning assets as a result of
Hometown. The average balance of interest-earning assets
increased $148.0 million (20%), while the yield on average interest
earning assets increased 91 basis points to 5.14%. The
increase is primarily due to higher loan balances, loan offering
rates and $570,000 in loan accretion recognized on loans acquired
from Hometown compared to zero in the same quarter in 2017.
The average balance of loans increased $151.2 million and the yield
on loans increased 88 basis points to 5.51% for the quarter when
compared to the same quarter in 2017.
Interest expense - Total interest expense
increased $859,000 (41%) during the quarter. The increase is
primarily driven by addition of interest-bearing deposits as a
result of Hometown. The average balance of interest-bearing
liabilities increased $128.8 million (20%), while the average cost
of interest-bearing liabilities increased 23 basis points to
1.54%. The increase in asset growth opportunities and
liquidity pressures among institutions in our market have created
significant competitive pressures on deposit rates. To fund
its asset growth and maintain prudent liquidity levels going
forward, the Company will continue to utilize a cost-effective mix
of retail and commercial core deposits along with non-core,
wholesale funding.
See the Analysis of Net Interest Income and
Margin table below for the fourth quarter.
Asset Quality, Provision for Loan Loss Expense and
Allowance for Loan Losses – The Company’s nonperforming
assets increased to $14.2 million as of December 31, 2018 as
compared to $10.2 million as of December 31, 2017. The increase is
primarily attributable to Hometown.
Based on its reserve analysis and methodology, the Company
recorded a provision for loan loss expense of $300,000 during the
quarter, an increase from the $250,000 recognized during the prior
year quarter. The provision for the quarter was primarily due
to the increased reserves needed for growing loan balances for
construction lending and various reserves on a few specific problem
credits. At December 31, 2018, the allowance for loan losses
of $8.0 million was 1.02% of gross loans outstanding (excluding
mortgage loans held for sale), representing a decrease from the
1.12% as of December 31, 2017.
In accordance with generally accepted accounting principles for
acquisition accounting, the loans acquired through the acquisition
of Hometown were recorded at fair value; therefore, there was no
allowance associated with Hometown’s loans at acquisition.
Management continues to evaluate the allowance needed on the
acquired Hometown loans factoring in the net remaining discount of
$2.45 million at December 31, 2018.
Management believes the allowance for loan losses is at a
sufficient level to provide for loan losses in the Bank’s existing
loan portfolio.
Noninterest Income – Noninterest income
increased $257,305 (16%) during the quarter primarily due to an
increase in service charge income offset by small declines in
income from the sale of mortgage and Small Business Administration
loans and an increase in losses on foreclosed assets. Fee
income from deposits, primarily services charges and debit card
interchange income, increased $339,391 (106%) offset by the
decrease of $122,205 (17%) in income from the sale of all loans and
increased losses on foreclosed assets of $148,349
(118%).
Noninterest Expense – Noninterest expenses
increased $1,490,274 (27%) due to a few significant factors
discussed below.
Salaries and employee benefits increased $560,257 (18%) compared
to the same quarter in 2017 due to the Hometown acquisition and the
Company’s continuing expansion in the Joplin, Missouri market,
pre-acquisition.
Occupancy expenses and data processing expenses increased
$509,361 (79%) and $124,517 (48%), respectively, for the quarter
due to a few factors. The Company had a full quarter of lease
expense in its new headquarters compared to none in the prior year
quarter. The remaining increase relates to lease and
depreciation expenses on furniture and fixtures for the new
headquarters, Hometown facilities and new video teller
equipment.
Professional service expenses increased $194,017 (340%), which
primarily related to the Company meeting thresholds to be
considered an accelerated filer with the U.S. Securities and
Exchange Commission, which comes with increased auditor attestation
requirements on the Company’s internal controls.
The increases above were offset by the elimination of impairment
charges on solar credit investments incurred during the prior year
quarter, which totaled $440,571.
Capital – At December 31, 2018, stockholders’
equity increased to $80.5 million compared to $74.9 million at
December 31, 2017. On a per common share basis, tangible book
value decreased to $16.92 at December 31, 2018 as compared to
$17.10 as of December 31, 2017. The decline was due to the
Hometown acquisition.
From a regulatory capital standpoint, all capital ratios for the
Bank remain strong and above regulatory requirements.
Non-Generally Accepted Accounting
Principle (GAAP) Financial Measures
In addition to the GAAP financial results presented in this
press release, the Company presents non-GAAP financial measures
discussed below. These non-GAAP measures are provided to
enhance investors’ overall understanding of the Company’s current
financial performance. Additionally, Company management
believes that this presentation enables meaningful comparison of
financial performance in various periods. However, the
non-GAAP financial results presented should not be considered a
substitute for results that are presented in a manner consistent
with GAAP. A limitation of the non-GAAP financial measures
presented is that the adjustments concern gains, losses or expenses
that the Company does expect to continue to recognize; the
adjustments of these items should not be construed as an inference
that these gains or expenses are unusual, infrequent or
non-recurring. Therefore, Company management believes that
both GAAP measures of its financial performance and the respective
non-GAAP measures should be considered together.
Operating Income
Operating income is a non-GAAP financial measure that adjusts
net income for the following non-operating items:
- Gains (losses) on sales of investment securities
- Gains (losses) on foreclosed assets held for sale
- Provision for loan loss expense
- Provision for income taxes
- Merger costs
A reconciliation of the Company’s net income to its operating
income for the three and twelve months ended December 31, 2018 and
2017 is set forth below.
|
Quarter ended |
|
Year ended |
|
December 31, |
|
December 31, |
|
|
2018 |
|
|
|
2017 |
|
|
|
2018 |
|
|
|
2017 |
|
|
(Dollar amounts are in thousands) |
|
|
|
|
|
|
|
|
Net income (loss) |
$ |
2,385 |
|
|
$ |
419 |
|
|
$ |
7,332 |
|
|
$ |
5,158 |
|
|
|
|
|
|
|
|
|
Add back: |
|
|
|
|
|
|
|
Provision for
income taxes |
|
624 |
|
|
|
1,102 |
|
|
|
1,855 |
|
|
|
2,570 |
|
Income (loss) before
income taxes |
|
3,009 |
|
|
|
1,521 |
|
|
|
9,187 |
|
|
|
7,728 |
|
|
|
|
|
|
|
|
|
Add
back/(subtract): |
|
|
|
|
|
|
|
Gain (loss) on
investment securities |
|
1 |
|
|
|
27 |
|
|
|
8 |
|
|
|
(46 |
) |
Net loss (gains)
on foreclosed assets held for sale |
|
22 |
|
|
|
(126 |
) |
|
|
361 |
|
|
|
(182 |
) |
Merger
costs |
|
101 |
|
|
|
151 |
|
|
|
3,672 |
|
|
|
151 |
|
Provision for
loan losses |
|
300 |
|
|
|
250 |
|
|
|
1,225 |
|
|
|
1,750 |
|
Loss on sale of
fixed assets |
|
(5 |
) |
|
|
96 |
|
|
|
(5 |
) |
|
|
96 |
|
Impairment loss
on investment tax credits |
|
- |
|
|
|
441 |
|
|
|
- |
|
|
|
587 |
|
|
|
419 |
|
|
|
839 |
|
|
|
5,261 |
|
|
|
2,356 |
|
|
|
|
|
|
|
|
|
Operating income |
$ |
3,428 |
|
|
$ |
2,360 |
|
|
$ |
14,448 |
|
|
$ |
10,084 |
|
About Guaranty Federal Bancshares,
Inc.
Guaranty Federal Bancshares, Inc. (NASDAQ:GFED)
has a subsidiary corporation offering full banking services.
The principal subsidiary, Guaranty Bank, is headquartered in
Springfield, Missouri, and has 16 full-service branches in Greene,
Christian, Jasper and Newton Counties and a Loan Production Office
in Webster County. Guaranty Bank is a member of the MoneyPass
and TransFund ATM networks which provide its customers surcharge
free access to over 24,000 ATMs nationwide. For more information
visit the Guaranty Bank website: www.gbankmo.com.
The Company may from time to time make written
or oral “forward-looking statements,” including statements
contained in the Company’s filings with the SEC, in its reports to
stockholders and in other communications by the Company, which are
made in good faith by the Company pursuant to the “safe harbor”
provisions of the Private Securities Litigation Reform Act of 1995.
Words such as “anticipates,” “estimates,” “believes,” “expects,”
and similar expressions are intended to identify such
forward-looking statements but are not the exclusive means of
identifying such statements.
These forward-looking statements involve risks
and uncertainties, such as statements of the Company’s plans,
objectives, expectations, estimates and intentions, that are
subject to change based on various important factors (some of which
are beyond the Company’s control). The following factors, among
others, could cause the Company’s financial performance to differ
materially from the plans, objectives, expectations, estimates and
intentions expressed in such forward-looking statements:
- the strength of the United States economy in general and the
strength of the local economies in which we conduct
operations;
- the effects of, and changes in, trade, monetary and fiscal
policies and laws, including interest rate policies of the Federal
Reserve, inflation, interest rates, market and monetary
fluctuations;
- the timely development of and acceptance of new products and
services and the perceived overall value of these products and
services by users, including the features, pricing and quality
compared to competitors’ products and services;
- the willingness of users to substitute competitors’ products
and services for our products and services;
- our success in gaining regulatory approval of our products and
services, when required;
- the impact of changes in financial services laws and
regulations (including laws concerning taxes, banking, securities
and insurance);
- technological changes;
- the ability to successfully manage and integrate any future
acquisitions if and when our board of directors and management
conclude any such acquisitions are appropriate;
- changes in consumer spending and saving habits;
- our success at managing the risks resulting from these factors;
and
- other factors set forth in reports and other documents filed by
the Company with the SEC from time to time.
Contacts: Shaun A. Burke (CEO) or Carter Peters (CFO), (417)
520-4333
Financial
Highlights: |
|
|
|
|
|
|
|
|
Quarter ended |
|
Year ended |
Operating
Data: |
December 31, |
|
December 31, |
|
|
2018 |
|
|
|
2017 |
|
|
|
2018 |
|
|
|
2017 |
|
|
(Dollar amounts are in thousands, except per share
data) |
|
|
|
|
|
|
|
|
Total interest
income |
$ |
11,532 |
|
|
$ |
7,903 |
|
|
$ |
43,246 |
|
|
$ |
29,441 |
|
Total interest
expense |
|
2,947 |
|
|
|
2,088 |
|
|
|
9,928 |
|
|
|
6,087 |
|
Net interest
income |
|
8,585 |
|
|
|
5,815 |
|
|
|
33,318 |
|
|
|
23,354 |
|
Provision for loan
losses |
|
300 |
|
|
|
250 |
|
|
|
1,225 |
|
|
|
1,750 |
|
Net interest
income after |
|
|
|
|
|
|
|
provision for
loan losses |
|
8,285 |
|
|
|
5,565 |
|
|
|
32,093 |
|
|
|
21,604 |
|
Noninterest income |
|
|
|
|
|
|
|
Service
charges |
|
660 |
|
|
|
320 |
|
|
|
2,005 |
|
|
|
1,190 |
|
Gain on sale of
loans held for sale |
|
439 |
|
|
|
470 |
|
|
|
2,031 |
|
|
|
2,021 |
|
Gain on sale of
Small Business Administration loans |
|
171 |
|
|
|
262 |
|
|
|
831 |
|
|
|
747 |
|
Net gain (loss)
on foreclosed assets |
|
(22 |
) |
|
|
126 |
|
|
|
(361 |
) |
|
|
182 |
|
Other
income |
|
570 |
|
|
|
382 |
|
|
|
2,046 |
|
|
|
1,587 |
|
|
|
1,818 |
|
|
|
1,560 |
|
|
|
6,552 |
|
|
|
5,727 |
|
Noninterest
expense |
|
|
|
|
|
|
|
Salaries and
employee benefits |
|
3,756 |
|
|
|
3,196 |
|
|
|
14,919 |
|
|
|
12,041 |
|
Occupancy |
|
1,150 |
|
|
|
641 |
|
|
|
4,071 |
|
|
|
2,204 |
|
Merger
costs |
|
101 |
|
|
|
151 |
|
|
|
3,672 |
|
|
|
151 |
|
Amortization of
core deposit intangible |
|
94 |
|
|
|
- |
|
|
|
409 |
|
|
|
- |
|
Other
expense |
|
1,993 |
|
|
|
1,616 |
|
|
|
6,387 |
|
|
|
5,207 |
|
|
|
7,094 |
|
|
|
5,604 |
|
|
|
29,458 |
|
|
|
19,603 |
|
Income before income
taxes |
|
3,009 |
|
|
|
1,521 |
|
|
|
9,187 |
|
|
|
7,728 |
|
Provision for income
taxes |
|
624 |
|
|
|
1,102 |
|
|
|
1,855 |
|
|
|
2,570 |
|
Net income |
|
2,385 |
|
|
|
419 |
|
|
|
7,332 |
|
|
|
5,158 |
|
Preferred stock
dividends and discount accretion |
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Net income available
for common shareholders |
$ |
2,385 |
|
|
$ |
419 |
|
|
$ |
7,332 |
|
|
$ |
5,158 |
|
Net income per common
share-basic |
$ |
0.54 |
|
|
$ |
0.10 |
|
|
$ |
1.66 |
|
|
$ |
1.18 |
|
Net income per common
share-diluted |
$ |
0.53 |
|
|
$ |
0.09 |
|
|
$ |
1.64 |
|
|
$ |
1.16 |
|
|
|
|
|
|
|
|
|
Annualized return on
average assets |
|
1.00 |
% |
|
|
0.23 |
% |
|
|
0.77 |
% |
|
|
0.69 |
% |
Annualized return on
average common equity |
|
11.79 |
% |
|
|
2.22 |
% |
|
|
9.35 |
% |
|
|
6.97 |
% |
Net interest
margin |
|
3.83 |
% |
|
|
3.12 |
% |
|
|
3.76 |
% |
|
|
3.29 |
% |
Efficiency ratio |
|
68.19 |
% |
|
|
75.99 |
% |
|
|
73.89 |
% |
|
|
67.41 |
% |
|
At |
|
At |
Financial
Condition Data: |
December 31, 2018 |
|
December 31, 2017 |
Cash and cash
equivalents |
$ |
34,122 |
|
|
$ |
37,407 |
|
Investments |
|
86,528 |
|
|
|
81,495 |
|
Loans, net
of allowance for loan losses |
|
|
12/31/2018 -
$7,996; 12/31/2017 - $7,107 |
|
779,815 |
|
|
|
631,527 |
|
Goodwill |
|
2,615 |
|
|
|
- |
|
Core deposit
intangible |
|
2,981 |
|
|
|
- |
|
Premises and equipment,
net |
|
20,095 |
|
|
|
10,607 |
|
Bank owned life
insurance |
|
20,198 |
|
|
|
19,741 |
|
Other assets |
|
18,784 |
|
|
|
13,683 |
|
Total
assets |
$ |
965,138 |
|
|
$ |
794,460 |
|
|
|
|
|
Deposits |
$ |
749,619 |
|
|
$ |
607,364 |
|
Advances from
correspondent banks |
|
105,300 |
|
|
|
94,300 |
|
Subordinated
debentures |
|
21,761 |
|
|
|
15,465 |
|
Other borrowed
funds |
|
5,000 |
|
|
|
- |
|
Other liabilities |
|
2,979 |
|
|
|
2,439 |
|
Total
liabilities |
|
884,659 |
|
|
|
719,568 |
|
Stockholders'
equity |
|
80,479 |
|
|
|
74,892 |
|
Total
liabilities and stockholders' equity |
$ |
965,138 |
|
|
$ |
794,460 |
|
Common equity to assets
ratio |
|
8.34 |
% |
|
|
9.43 |
% |
Tangible common equity
to tangible assets ratio (1) |
|
7.80 |
% |
|
|
9.43 |
% |
Book value per common
share |
$ |
18.18 |
|
|
$ |
17.10 |
|
Tangible book value per
common share (2) |
$ |
16.92 |
|
|
$ |
17.10 |
|
Nonperforming
assets |
$ |
14,209 |
|
|
$ |
10,245 |
|
|
(1) Total Assets less Goodwill and Core Deposit Intangible
divided by Stockholders’ Equity(2) Stockholders’ Equity less
Goodwill and Core Deposit Intangible divided by Common Shares
Outstanding
Analysis of Net
Interest Income and Margin: |
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended 12/31/2018 |
|
Three months ended 12/31/2017 |
|
Average Balance |
|
Interest |
|
Yield / Cost |
|
Average Balance |
|
Interest |
|
Yield / Cost |
ASSETS |
|
|
|
|
|
|
|
|
|
|
|
Interest-earning: |
|
|
|
|
|
|
|
|
|
|
|
Loans |
$ |
786,422 |
|
$ |
10,915 |
|
|
5.51 |
% |
|
$ |
635,259 |
|
$ |
7,412 |
|
|
4.63 |
% |
Investment
securities |
|
85,389 |
|
|
526 |
|
|
2.44 |
% |
|
|
83,253 |
|
|
431 |
|
|
2.05 |
% |
Other
assets |
|
18,052 |
|
|
91 |
|
|
2.00 |
% |
|
|
23,358 |
|
|
60 |
|
|
1.02 |
% |
Total
interest-earning |
|
889,863 |
|
|
11,532 |
|
|
5.14 |
% |
|
|
741,870 |
|
|
7,903 |
|
|
4.23 |
% |
Noninterest-earning |
|
59,401 |
|
|
|
|
|
|
40,309 |
|
|
|
|
|
$ |
949,264 |
|
|
|
|
|
$ |
782,179 |
|
|
|
|
LIABILITIES AND STOCKHOLDERS’
EQUITY |
|
|
|
|
|
|
|
|
|
|
Interest-bearing: |
|
|
|
|
|
|
|
|
|
|
|
Savings
accounts |
$ |
40,785 |
|
|
29 |
|
|
0.28 |
% |
|
$ |
30,651 |
|
|
15 |
|
|
0.19 |
% |
Transaction
accounts |
|
376,407 |
|
|
1,198 |
|
|
1.26 |
% |
|
|
342,665 |
|
|
1,049 |
|
|
1.21 |
% |
Certificates of
deposit |
|
220,908 |
|
|
828 |
|
|
1.49 |
% |
|
|
149,220 |
|
|
426 |
|
|
1.13 |
% |
FHLB
advances |
|
94,149 |
|
|
545 |
|
|
2.30 |
% |
|
|
92,228 |
|
|
434 |
|
|
1.87 |
% |
Other borrowed
funds |
|
5,000 |
|
|
58 |
|
|
4.60 |
% |
|
|
- |
|
|
- |
|
|
0.00 |
% |
Subordinated
debentures |
|
21,775 |
|
|
289 |
|
|
5.27 |
% |
|
|
15,465 |
|
|
164 |
|
|
4.21 |
% |
Other borrowed
funds |
|
- |
|
|
- |
|
|
- |
|
|
|
- |
|
|
- |
|
|
- |
|
Total
interest-bearing |
|
759,024 |
|
|
2,947 |
|
|
1.54 |
% |
|
|
630,229 |
|
|
2,088 |
|
|
1.31 |
% |
Noninterest-bearing |
|
110,003 |
|
|
|
|
|
|
75,752 |
|
|
|
|
Total
liabilities |
|
869,027 |
|
|
|
|
|
|
705,981 |
|
|
|
|
Stockholders’
equity |
|
80,237 |
|
|
|
|
|
|
76,198 |
|
|
|
|
|
$ |
949,264 |
|
|
|
|
|
$ |
782,179 |
|
|
|
|
Net earning
balance |
$ |
130,839 |
|
|
|
|
|
$ |
111,641 |
|
|
|
|
Earning yield
less costing rate |
|
|
|
|
3.60 |
% |
|
|
|
|
|
2.91 |
% |
Net interest
income, and net yield spread |
|
|
|
|
|
|
|
|
|
|
|
on
interest earning assets |
|
|
$ |
8,585 |
|
|
3.83 |
% |
|
|
|
$ |
5,815 |
|
|
3.12 |
% |
Ratio of
interest-earning assets to |
|
|
|
|
|
|
|
|
|
|
|
interest-bearing
liabilities |
|
|
|
117 |
% |
|
|
|
|
|
|
118 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Guaranty Federal Bancsha... (NASDAQ:GFED)
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From Mar 2024 to Apr 2024
Guaranty Federal Bancsha... (NASDAQ:GFED)
Historical Stock Chart
From Apr 2023 to Apr 2024