Key West, FL · Cert 59181 · Gulf Atlantic Financial Corp.
State charter, Fed member · FED · 5 branches
Q2 2026
Market Position · Ocala, FL · 2026 SOD (annual) · 1.7% share · #13 of 21 inst. · $0.1B of $7.6B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.34% | 0.73% | 1.00% | 0.66% | 0.79% | 0.86% | 0.87% | 0.49% | -17 bps | |
| Return on Equity | 4.31% | 9.57% | 12.20% | 7.68% | 9.35% | 10.02% | 10.02% | 5.58% | -211 bps | |
| Net Interest Margin | 3.32% | 3.96% | 3.98% | 4.25% | 4.35% | 4.14% | 4.12% | 3.82% | -43 bps | |
| Efficiency Ratio | 81.11% | 70.53% | 65.57% | 69.43% | 67.07% | 72.89% | 69.83% | 79.09% | +966 bps | |
| Non-Interest Burden | 2.65% | 2.70% | 2.51% | 2.87% | 2.85% | 2.95% | 2.80% | 2.97% | +10 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 19.52% | 19.11% | 18.48% | 29.23% | 23.10% | 34.78% | 37.66% | 29.43% | +20 bps | |
| Loan Growth (YoY) | 16.17% | 21.28% | 21.19% | 31.66% | 33.98% | 43.86% | 39.94% | 26.59% | -507 bps | |
| Deposit Growth (YoY) | 22.40% | 33.03% | 21.77% | 36.37% | 28.31% | 19.56% | 30.32% | 29.41% | -696 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.07% | 0.00% | 0.06% | 0.32% | 0.00% | 0.20% | +20 bps | |
| Net Charge-Offs / Loans | 0.12% | 0.00% | 0.10% | 0.51% | 0.43% | 0.16% | 0.23% | 0.15% | -36 bps | |
| Allowance / Loans | 0.98% | 1.06% | 1.08% | 1.00% | 1.00% | 0.92% | 0.97% | 0.88% | -12 bps | |
| Allowance Coverage of NPLs | n/a | n/a | 14.7x | n/a | 16.4x | 2.9x | n/a | 4.3x | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.73% | 8.44% | 9.02% | 9.64% | 9.13% | 9.35% | 8.98% | 9.38% | -26 bps | |
| Total Risk-Based Capital | 11.17% | 10.74% | 12.13% | 11.66% | 11.11% | 10.82% | 11.36% | 11.84% | +19 bps | |
| Equity / Assets | 7.63% | 7.59% | 8.72% | 8.51% | 8.50% | 8.69% | 8.77% | 8.96% | +45 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 85.63% | 85.35% | 86.29% | 91.88% | 89.41% | 102.70% | 92.66% | 89.87% | -201 bps | |
| Liquid Assets / Assets | 12.70% | 5.93% | 6.50% | 5.06% | 5.38% | 3.45% | 8.22% | 8.54% | +348 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 422% | 428% | 416% | n/a | n/a | |