# GALA BANK
OCALA, FL · FDIC certificate 59358 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *credit-stressed*. Composite score 4 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $44.9M | |
| Deposits | $35.5M | |
| Loans and leases | $22.2M | |
| Total equity | $9.2M | |
| Loans / deposits | 62.16% (p33 of band) | 73.59% |
| Liquid assets / assets | 38.44% (p60 of band) | |
| Uninsured deposits / deposits | 57.09% (p98 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p23 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 22.07% (p91 of band) | 11.76% |
| Unrealized securities loss / equity | -0.38% (p84 of band) | -6.57% |
| AOCI / equity | -0.41% (p48 of band) | |
| ROA (annualized) | -1.98% (p2 of band) | 1.17% |
| Net interest margin | 4.82% (p86 of band) | 3.93% |
| Efficiency ratio | 157.30% (p98 of band) | |
| Noncurrent loans | 0.00% (p12 of band) | 0.36% |
| Net charge-offs (annualized) | 0.00% (p38 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 53% | |
| Construction % of loans | 37.79% (p71 of band) | |
| Auto loans | $18,000 (0.08% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 169.4% | |
| Employees | 18 | |

## Flags firing in the latest filing

- **uninsured deposits >50%** (`liq_uninsured`)
- **capital falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2024-12 | 2 | losing money, NIM <2.5% |  |
| 2025-03 | 3 | uninsured deposits >50%, expense ratio p90 | NIM <2.5% |
| 2025-06 | 4 | capital falling |  |
| 2025-09 | 4 |  |  |
| 2025-12 | 4 |  |  |
| 2026-03 | 3 |  | uninsured deposits >50% |
| 2026-06 | 4 | uninsured deposits >50% |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2025-12-03 [Gala Bank opens in Tower Hill Plaza - Mainstreet Daily News Gainesville](https://news.google.com/rss/articles/CBMihwFBVV95cUxPalBwZ2taa3RCbndZLXBCX2d1T1h3WmUtUU5nejlmZUxJZV9yVE83dmk2TUVtcHNUckR1cWlINlJlc1BSVFRLcjV4LVVXVnhCcjAtNjVaWm51TzlrQXQ3R0llbGJibmtHRW1TQjhTSE9ONWNfdVBiaGxGaW9LU3hncmU4RU1tRmc?oc=5) · Mainstreet Daily News Gainesville
- 2026-02-27 [Groundbreaking ceremony for Gala Bank's new Ocala office in SW Ocala - Ocala StarBanner](https://news.google.com/rss/articles/CBMi0wFBVV95cUxPaGEtam83Y19ScE5OUHBFN210RW54RzJGTERxMks3MkI0NzctZE9hbG9td2VQR0lJTjhSWkZ3N1VJTV9SNnlLc0RTZzg1UExLdjZFUFNaMzQxZHFKVTI1U2ttdU9aY1FfTXZCaUNibVEtMGlfZUNOajJTMFZRbElWNUdXZXN0bVdraFluUXliZTRhVmxHMk1FYnNvMmxXcHBPZjhTVkk3YTd1ZkFDOVBodUJCTldXM3A3SWttcnZiVDBWcDlaUTlkY2hRTHBqaV9HWEU0?oc=5) · Ocala StarBanner
- 2026-02-27 [Photos: Ocala-based Gala Bank breaks ground on headquarters - Ocala StarBanner](https://news.google.com/rss/articles/CBMivAFBVV95cUxPRjNncV92X2RnZjBoVndMNmdXdXdSSUVxTlFBb0tYelptUUxkQU1WbUFGczMwRDlHbUhoWThIYWg1eU5RSHNjMVdDX0dGczVCamtrMlpwS0hfUDE0NVV4dnNLMERvNlNzbnoxLTd0SE5nR0Y3dEhENm1UbUdraDBsUnFsZWg5ZUdmQUNLbnFmQjRja1NCbVg4eWI5dWtDWFI3eHd6bDdHZzZuV3I0ODZmNU1NYWZuS1lYYnpNbg?oc=5) · Ocala StarBanner
- 2026-04-09 [Florida de novo gets FDIC’s conditional approval - Banking Dive](https://news.google.com/rss/articles/CBMiiwFBVV95cUxQX2hIZnNRaVdsNXNfQkZEQkN2cFBSaUNyRlhZNjNFcUVLTTc5VkRPM3pScUJ0TzRWVEdRV1BMSDhrVC1kUGZhaU9CRmlxQmRoOFlQMFN2R0pDNy1JdWk5eXMyaHY2QkpIMWp1V1F6bG1FNVhELTNFUkhBdndWajAwcGM3cXVaOWc0UWRz?oc=5) · Banking Dive
- 2026-05-04 [How a New Florida Charter Plans to Take on Banks — by Being a Traditional Community Bank - The Financial Brand](https://news.google.com/rss/articles/CBMinwFBVV95cUxOYnp4OUZHREdqbGk4aWljV1N6TlNrVTltckRvZGN5alZKN3RETDEtWTBNRzBlVm5zeElkcU93QTZ0NDZKaTlyZWJEb2hKYmpBYmxRcmVtcDVHckY4ZFY2TlhLYkVoaGt0QVhidUNNR3lZbGxIUHlWRDFieGRrOHNYSzVDNUdaazRINTVfZTNHcGJXZmViQUlLdXJwU08wdWc?oc=5) · The Financial Brand
- 2026-03-03 [Here Are the Businesses that Opened in North Central Florida in February 2026 - 352today](https://news.google.com/rss/articles/CBMisAFBVV95cUxORUUzSmZuRzZDRWZ3RnpjRmdmVHNqekFaWG8xUDZRUlppTkFsWVhUb2NrZFZINWw0VzZxQkxNU0xZdHp0Z3Nfa25rblZnaTM4M2V4UENfOTh4RjJxVFM3Y2xVS3FGWE1MSGdYX0pSdEloVy1kUDFqLXcwTzZpTHNJeW54anhFNElzekVnRFpnYzRvdXFkZGlwTl9OWk9STjdtZEtfWTZ1MGVLbTJnemRDdA?oc=5) · 352today
- 2023-04-24 [Filling a void: Local leaders prepare to open an Ocala-based bank - Ocala StarBanner](https://news.google.com/rss/articles/CBMixAFBVV95cUxNMVRTbnYxVmIzdktDNzRiQ0c1THlWRVcwNmQ3emJ3Mll5Nk01MzNmT0ZhZ3F2Umg2N0xwa0lfLTlEaWx0Zkx5NEQ0dDBHT2pMM2stS1JkZGhNWVFGZlVieEg5cHFoWElRckFSdVkwdHVMRnRzYVh6M1RPMi1vdDdOanRINEpKbTdZeGFMZUpqdzl2bXNkZDlUY2FOUUxuNjBIeUZ5VmNrbUwxQlVyb3ZFd0x2S2RXZ1I3eGFWNlhnb2tmX3V3?oc=5) · Ocala StarBanner
- 2025-01-26 [I trust the regulators will do their job and ensure value for stakeholders in Religare: Danny Gaekwad - Fortune India](https://news.google.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?oc=5) · Fortune India

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=59358 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/30.json (key "59358", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide