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Gala Bank
Gala Bank
RSSD ID 5839915 | CERTIFICATE 59358 | ABA NUMBER 63117150
517 Sw 27th Ave Quarter Ended : 2025-03-31
Ocala, Florida, 34471 Updated : 2025-04-20

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
Specialization : Other Specialized Under 1 Billion
Number of Offices : 1 Number of Employees : 11

Financial Reports
RC - Balance Sheet Report
RI - Income Statement Report
:· All Financial Reports ...

Financial Fast Facts
Balance Sheet
(USD, in thousands)

Income Statement
(USD, in thousands, ytd)
Total Assets19,100
Total Interest Income110
Total Liabilities8,969
Total NonInterest Income0
Total Bank Equity Capital10,131
Total Interest Expense11
Total Deposits8,948
Total NonInterest Expense306
Net Loans & Leases3,390
Net Income(179)
Loan Loss Allowance33
Net Charge Offs0



Regulatory Capital
Quarterly Averages
(USD, in thousands)
Total capital9,633
Total loans1,000
Total assets for the leverage ratio11,311
Loans secured by real estate:172
Tier 1 Leverage Ratio84.87
Commercial and industrial loans809
Tier 1 Capital Ratio115.34
Loans to individuals - Credit Cards0
Total Capital Ratio115.74
Loans to individuals - Other19





 

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Source of Data: FDIC, FRB, NCUA, OCC, SEC, U.S. Department of the Treasury