PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Gala Bank

Ocala, FL · Cert 59358

State charter, non-member · FDIC · 2 branches

Q2 2026

$44.9MAssets
$22.2MLoans
$35.5MDeposits
$9.2MEquity
Loan mix
49%RE $7.8M49%C&I $7.8M2%Consumer $0.3MQ4 2024Q2 2026
Deposit mix
59%Interest-bearing $20.8M41%Noninterest $14.7MQ4 2024Q2 2026

Market Position · Ocala, FL · 2026 SOD (annual) · 0.3% share · #21 of 21 inst. · $0.0B of $7.6B

0.3% Marion
0.2% Alachua

Executive Summary

  • Earnings: ROA of -1.98%, up 215 bps year over year; NIM at 3.96%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 22.07%, down 2,518 bps from a year ago.
  • Funding: loans stand at 62.60% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

-1.98%+215 bps YoY

Net Interest Margin (YTD, annualized)

3.96%+129 bps YoY

Efficiency Ratio (YTD, annualized)

157.30%-9,625 bps YoY

Tier 1 Leverage Ratio

22.07%-2,518 bps YoY

NIM

0.00%Q4 ’243.33%Q2 ’254.82%Q2 ’26+48%

Non-interest income vs. expense

18.05%Q4 ’246.64%Q2 ’256.46%Q2 ’26-63%-6%

Year to date, annualized, through each quarter.

MetricQ4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets-13.37%-4.86%-4.12%-3.52%-3.48%-2.18%-1.98%+215 bps
Return on Equity-13.44%-7.01%-7.15%-7.25%-7.96%-7.47%-7.72%-57 bps
Net Interest Margin0.00%3.50%2.68%2.71%2.86%4.10%3.96%+129 bps
Efficiency Ration/a309%254%216%209%164.04%157.30%-9,625 bps
Non-Interest Burden18.05%10.34%6.62%5.74%5.90%6.75%6.23%-39 bps
Growth
Asset Growth (YoY)n/an/an/an/a197.97%78.64%93.66%n/a
Loan Growth (YoY)n/an/an/an/an/a365%216%n/a
Deposit Growth (YoY)n/an/an/an/an/a175.58%169.41%n/a
Asset Quality
Nonperforming Loans / Loansn/a0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/a0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loansn/a0.96%0.99%0.79%0.85%0.85%0.70%-29 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio100.23%84.87%47.25%34.27%30.13%26.48%22.07%-2,518 bps
Total Risk-Based Capital266%115.74%78.21%49.92%39.56%37.06%30.06%-4,816 bps
Equity / Assets99.41%53.04%42.89%32.42%31.00%27.48%20.44%-2,244 bps
Liquidity & Funding
Loans / Depositsn/a38.25%53.42%62.32%68.88%64.50%62.60%+918 bps
Liquid Assets / Assets0.00%0.00%0.00%0.82%0.85%3.16%1.74%+174 bps
CRE / Total Capitaln/an/an/a77.02%84.57%90.73%n/an/a