Gala Bank, Income and Expense
| 2025-03-31 (YTD Data) | Rank | |
| Total interest income | $110,000 | 4,425 |
| Total interest expense | $11,000 | 4,341 |
| Net interest income | $99,000 | 4,434 |
| Provision for loan and lease losses | $33,000 | 2,121 |
| Total noninterest income | $0 | 4,428 |
| Gross Fiduciary activities income | $0 | 918 |
| Service charges on deposit accounts | $0 | 4,263 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $0 | 4,315 |
| Total noninterest expense | $306,000 | 4,246 |
| Salaries and employee benefits | $215,000 | 4,121 |
| Premises and equipment expense | $13,000 | 4,334 |
| Additional noninterest expense | $0 | 4,356 |
| Pre-tax net operating income | $-240,000 | 4,362 |
| Securities gains (losses) | $0 | 665 |
| Applicable income taxes | $-61,000 | 4,352 |
| Income before extraordinary items | $-179,000 | 4,319 |
| Extraordinary gains, net | $0 | 47 |
| Net income | $-179,000 | 4,317 |
| Minority interest net income | $0 | 65 |
| Net income of bank and minority interests. | $-179,000 | 4,319 |
| Net charge-offs | $0 | 2,299 |
| Cash dividends | $0 | 2,364 |
| Sale, conversion, retirement of capital stock, net | $0 | 467 |
| Net operating income | $-179,000 | 4,332 |
| 2024-12-31 (YTD Data) | Rank | |
| Total interest income | $0 | 4,485 |
| Total interest expense | $0 | 4,389 |
| Net interest income | $0 | 4,489 |
| Provision for loan and lease losses | $0 | 3,269 |
| Total noninterest income | $0 | 4,469 |
| Gross Fiduciary activities income | $0 | 1,000 |
| Service charges on deposit accounts | $0 | 4,329 |
| Trading account gains and fees | $0 | 138 |
| Additional Noninterest Income | $0 | 4,364 |
| Total noninterest expense | $1,857,000 | 4,068 |
| Salaries and employee benefits | $1,017,000 | 4,047 |
| Premises and equipment expense | $0 | 4,432 |
| Additional noninterest expense | $0 | 4,406 |
| Pre-tax net operating income | $-1,857,000 | 4,414 |
| Securities gains (losses) | $0 | 940 |
| Applicable income taxes | $0 | 3,278 |
| Income before extraordinary items | $-1,857,000 | 4,397 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $-1,857,000 | 4,397 |
| Minority interest net income | $0 | 90 |
| Net income of bank and minority interests. | $-1,857,000 | 4,397 |
| Net charge-offs | $0 | 3,072 |
| Cash dividends | $0 | 3,434 |
| Sale, conversion, retirement of capital stock, net | $11,695,000 | 75 |
| Net operating income | $-1,857,000 | 4,411 |
* The data above is accumulated from the beginning of the year to the date posted. The data for Dec. 31 is the number for the entire year.