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Bank Comparison

Charlevoix State Bank vs Gulf Atlantic Bank

Side-by-side regulatory financials for the latest quarter on file with the FFIEC.

Charlevoix State Bank

RSSD 2232757 · CHARLEVOIX, MI

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vs

17 · 6

winning metrics across 23 comparable rows

Gulf Atlantic Bank

RSSD 5475452 · KEY WEST, FL

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Capital adequacy

MetricCharlevoix State BankGulf Atlantic Bank
CET1 Ratio 18.50% 10.50%
Tier 1 Capital Ratio 18.50% 10.50%
Total Capital Ratio 19.62% 11.36%
Tier 1 Leverage Ratio 10.43% 8.98%
Equity / Assets 9.79% 8.77%

Profitability

MetricCharlevoix State BankGulf Atlantic Bank
Return on Assets (ROA) 2.09% 0.84%
Return on Equity (ROE) 21.00% 10.02%
Net Interest Margin (NIM) 4.60% 4.40%
Yield on Earning Assets 5.16% 6.88%
Cost of Funds 0.57% 2.72%

Asset quality

MetricCharlevoix State BankGulf Atlantic Bank
Texas Ratio 1.56% 0.00%
Non-Performing Loan Ratio 0.31% 0.00%
Non-Performing Asset Ratio 0.16% 0.00%
Net Charge-Off Ratio 0.00% 0.23%
ACL / Loans 1.15% 0.97%

Balance sheet

MetricCharlevoix State BankGulf Atlantic Bank
Total Assets $245,318K $245,177K
Total Deposits $218,423K $206,151K
Total Loans $130,185K $191,010K
Total Equity $24,026K $21,494K
Net Income (quarter) $1,260K $523

Liquidity & funding

MetricCharlevoix State BankGulf Atlantic Bank
Loan-to-Deposit Ratio 59.60% 92.66%
Core Deposit Ratio 96.54% 92.55%
Uninsured Deposit Ratio

Identity

MetricCharlevoix State BankGulf Atlantic Bank
Headquarters City CHARLEVOIX KEY WEST
Headquarters State MI FL
Asset Tier Small Small
Charter Class 0 0
Regulator FDIC FED
Domestic Branches 7 5
Employees (FTE) 37 46
Established Aug. 16, 1994, midnight April 13, 2020, midnight

About this comparison

All metrics are sourced from FFIEC call report filings — the public regulatory financial reports every FDIC-insured US bank files quarterly. Both banks are reported as of . The "winner" highlight is determined by the supervisory direction convention: higher is better for capital and profitability metrics; lower is better for risk metrics like Texas Ratio and uninsured-deposit ratio.

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