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 Gala Bank
Gala Bank
| RSSD ID 5839915 | CERTIFICATE 59358 | ABA NUMBER 63117150 |
| 517 Sw 27th Ave |
Quarter Ended : |
2025-06-30 |
| Ocala, Florida, 34471 |
Updated : |
2025-08-05 |
| Institution Profile |
| Year Opened : |
2024 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Other Specialized Under 1 Billion |
| Number of Offices : |
1 |
Number of Employees : |
11 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 23,189 |
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Total Interest Income | 340 |
| Total Liabilities | 13,244 |
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Total NonInterest Income | 2 |
| Total Bank Equity Capital | 9,945 |
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Total Interest Expense | 75 |
| Total Deposits | 13,189 |
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Total NonInterest Expense | 677 |
| Net Loans & Leases | 6,976 |
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Net Income | (362) |
| Loan Loss Allowance | 70 |
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Net Charge Offs | 0 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 10,017 |
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Total loans | 5,296 |
| Total assets for the leverage ratio | 20,395 |
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Loans secured by real estate: | 1,980 |
| Tier 1 Leverage Ratio | 48.77 |
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Commercial and industrial loans | 3,327 |
| Tier 1 Capital Ratio | 82.52 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 83.1 |
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Loans to individuals - Other | 63 |
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:· Gala Bank
