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 Gala Bank
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Gala Bank
| RSSD ID 5839915 | CERTIFICATE 59358 | ABA NUMBER 63117150 |
| 517 Sw 27th Ave |
Quarter Ended : |
2026-03-31 |
| Ocala, Florida, 34471 |
Updated : |
2026-04-23 |
| www.gala.bank |
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| 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 : |
Commercial Lending Specialization |
| Number of Offices : |
2 |
Number of Employees : |
17 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 34,121 |
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Total Interest Income | 419 |
| Total Liabilities | 24,745 |
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Total NonInterest Income | 23 |
| Total Bank Equity Capital | 9,376 |
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Total Interest Expense | 86 |
| Total Deposits | 24,659 |
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Total NonInterest Expense | 584 |
| Net Loans & Leases | 15,769 |
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Net Income | (177) |
| Loan Loss Allowance | 135 |
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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 | 8,731 |
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Total loans | 14,986 |
| Total assets for the leverage ratio | 32,457 |
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Loans secured by real estate: | 7,508 |
| Tier 1 Leverage Ratio | 26.48 |
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Commercial and industrial loans | 7,145 |
| Tier 1 Capital Ratio | 36.49 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 37.06 |
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Loans to individuals - Other | 340 |
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:· Gala Bank
