Gulf Atlantic Bank
Key West, FL
IDRSSD: 5475452
Total Assets
$208.97M
Latest filing
Total Deposits
$181.49M
Latest filing
Net Interest Margin
4.75%
Profitability
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 11/14/2025Established 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 | 33 |
| Domestic Offices | 2 |
| 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 | 11/14/2025 |
| CERT | 59181 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $208.97M |
| Total Deposits | $181.49M |
| Total Liabilities | $191.21M |
| Total Equity Capital | $17.76M |
| Net Income | $402.00k |
| Net Loans and Leases | $160.65M |
| Assets Per Employee ($Millions) | $6.53M |
| Bank Premises and Fixed Assets | $8.30M |
| Cash and Balances due from Depository Institutions | $10.94M |
| Deposits Held in Domestic Offices | $181.49M |
Key Performance Ratios
| Return on Assets (ROA) | 0.79% |
| Return on Equity (ROE) | 9.35% |
| Net Interest Margin | 4.75% |
| Efficiency Ratio | 67.07% |
| Tier 1 Risk-Based Capital Ratio | 10.216% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.56% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 8.501% |
| Earning Assets to total Assets | 91.78% |
Income and Expense
| Total Interest Income | $3.52M |
| Total Noninterest Income | $101.00k |
| Total Interest Expense | $1.30M |
| Total Noninterest Expense | $1.55M |
| Net Interest Income | $2.21M |
| Pre-tax Net Operating Income | $477.00k |
| Provision for Credit Losses | $285.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $5.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $4.72M |
| Total Liabilities and Capital | $208.97M |
Securities
| Securities | $21.25M |
| Available-for-sale debt securities | $19.90M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| 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?
$208.97M as of the latest filing.
How much are Gulf Atlantic Bank's total deposits?
$181.49M in total deposits.
Where is Gulf Atlantic Bank located?
Key West, FL.
What is the Net Interest Margin?
4.75%.
How many domestic offices does it operate?
2.
When was it established?
04/13/2020.
What is the Return on Assets (ROA)?
0.79%.
How much are total loans and leases?
$160.65M (latest filing).
What is the total interest income (latest filing)?
$3.52M.