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 Gala Bank
Gala Bank
| RSSD ID 5839915 | CERTIFICATE 59358 | ABA NUMBER 63117150 |
| 517 Sw 27th Ave |
Quarter Ended : |
2025-09-30 |
| Ocala, Florida, 34471 |
Updated : |
2025-10-24 |
| 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 : |
1 |
Number of Employees : |
13 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 30,117 |
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Total Interest Income | 702 |
| Total Liabilities | 20,352 |
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Total NonInterest Income | 3 |
| Total Bank Equity Capital | 9,765 |
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Total Interest Expense | 161 |
| Total Deposits | 20,254 |
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Total NonInterest Expense | 1,175 |
| Net Loans & Leases | 12,523 |
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Net Income | (546) |
| Loan Loss Allowance | 100 |
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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 | 9,863 |
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Total loans | 9,047 |
| Total assets for the leverage ratio | 27,232 |
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Loans secured by real estate: | 4,703 |
| Tier 1 Leverage Ratio | 35.85 |
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Commercial and industrial loans | 4,153 |
| Tier 1 Capital Ratio | 52.93 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 53.47 |
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Loans to individuals - Other | 191 |
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