Gulf Atlantic Bank
Key West, FL
IDRSSD: 5475452
Total Assets
$233.10M
Latest filing
Total Deposits
$186.16M
Latest filing
Net Interest Margin
4.58%
Profitability
Routing numbers
Primary routing transit numbers associated with this institution.
1 routeView all→
067016972KEY WEST, FL
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
Gulf Atlantic Bank
2222 N Roosevelt Blvd
Key West, FL 33040
Full Service - Brick and Mortar
Updated 01/30/2026Established 04/13/2020FDIC Certificate 610146
Branches (2)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Gulf Atlantic Bank (Main) | 2222 N Roosevelt Blvd | Key West, FL |
| OCALA BRANCH | 1626 Se 36th Ave | Ocala, FL |
| GAB 17TH STREET BRANCH | 1120 Se 17th St | Ocala, FL |
Showing 2 of 2
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed member, supervised by FRB |
| Primary Regulator | FED |
| Established Date | 04/13/2020 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 33040 |
| State and County Number | 12087 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 06 |
| Numeric code | 13 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Atlanta |
| Core Based Statistical Area Name | Key West, FL |
Operational Info
| Number of Employees | 32 |
| Domestic Offices | 3 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 06/24/2024 |
| Date of Deposit Insurance | 04/13/2020 |
| Primary Insurance Agency | DIF |
| Website | www.gulfatlanticbank.com |
| Data Updated | 01/30/2026 |
| CERT | 59181 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $233.10M |
| Total Deposits | $186.16M |
| Total Liabilities | $212.85M |
| Total Equity Capital | $20.25M |
| Net Income | $476.00k |
| Net Loans and Leases | $189.42M |
| Assets Per Employee ($Millions) | $6.13M |
| Bank Premises and Fixed Assets | $8.77M |
| Cash and Balances due from Depository Institutions | $7.63M |
| Deposits Held in Domestic Offices | $186.16M |
Key Performance Ratios
| Return on Assets (ROA) | 0.86% |
| Return on Equity (ROE) | 10.02% |
| Net Interest Margin | 4.58% |
| Efficiency Ratio | 72.89% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.4% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 8.688% |
| Earning Assets to total Assets | 92.13% |
Income and Expense
| Total Interest Income | $3.70M |
| Total Noninterest Income | $145.00k |
| Total Interest Expense | $1.37M |
| Total Noninterest Expense | $1.80M |
| Net Interest Income | $2.33M |
| Pre-tax Net Operating Income | $447.00k |
| Provision for Credit Losses | $223.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $22.75M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $3.94M |
| Total Liabilities and Capital | $233.10M |
Securities
| Securities | $18.65M |
| Available-for-sale debt securities | $17.30M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $1.35M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Gulf Atlantic Bank?
$233.10M as of the latest filing.
How much are Gulf Atlantic Bank's total deposits?
$186.16M in total deposits.
Where is Gulf Atlantic Bank located?
Key West, FL.
What is the Net Interest Margin?
4.58%.
How many domestic offices does it operate?
3.
When was it established?
04/13/2020.
What is the Return on Assets (ROA)?
0.86%.
How much are total loans and leases?
$189.42M (latest filing).
What is the total interest income (latest filing)?
$3.70M.