Gulfside Bank
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Data as of · sourced from FFIEC call reports. How we update
Gulfside Bank is an FDIC-insured commercial bank headquartered in Sarasota, FL, established in 2018 (FDIC certificate 59140), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $344.6M, up 9.2% from Q2 2025, the 55th largest of 81 banks headquartered in Florida. It reports no CET1 ratio; its Tier 1 leverage ratio was 11.24% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 59140
- Headquarters
- Sarasota, FL
- Established
- 2018
- Total assets, Q2 2026
- $344.6M
- Assets vs Q2 2025
- +9.2%
- Tier 1 leverage ratio, Q2 2026
- 11.24%
- Domestic offices
- 2 FDIC institution directory, current count
- Routing number
- 063116902
- Latest call report
- Q2 2026, FFIEC 051 · Gulfside Bank call report
- Asset rank in state
- 55th of 81 in Florida
Gulfside Bank runs leaner than most banks of its size. Based in Sarasota, Florida, it had $345 million in assets at June 30, 2026, up 9.2% from a year earlier. It spends about 49 cents to bring in each dollar of revenue, lower than about three-quarters of the 2,660 banks with $100 million to $1 billion in assets (median 61 cents). On the other hand, it holds commercial real estate loans worth 2.3 times its capital, about double the median of 1.2 times for banks its size.
Earnings jumped: net income for the quarter was $1.4 million, 45% above the same quarter a year earlier. Over the same year, loans grew 12.6% and deposits grew 3.5%.
As of June 30, 2026, Gulfside Bank reported a return on assets of 1.65%, a nonperforming-loan ratio of 0.00% and a Texas ratio of 1.21%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, Gulfside Bank is the 55th largest of the 81 banks headquartered in Florida. Between Q1 2026 and Q2 2026, its total assets fell 4.9% to $344.6M, loans rose 6.0% and deposits fell 6.2%. 1-4 family residential loans made up 30.5% of its total loans on June 30, 2026, its largest category; next came non-owner-occupied commercial real estate loans at 24.7%. The FDIC Summary of Deposits lists 2 offices for it, in Sarasota, FL. On its Q2 2026 call report, Gulfside Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 333 N Orange Ave, Sarasota, FL 34236
- County
- Sarasota
- Metro Area
- North Port-Bradenton-Sarasota, FL
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Atlanta (Region 5)
- Federal Reserve member
- No
- Federal Reserve district
- District 6, Atlanta
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- November 13, 2018
- Domestic offices
- 2 FDIC institution directory, current count
- Employees (FTE)
- 30
- Domestic deposits
- $294.1M
- Allowance for credit losses
- $2.7M
- Net charge-offs (YTD)
- $0
- Average total assets
- $343.5M
- Average total loans
- $244.5M
- Average interest-bearing deposits
- $221.2M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- November 13, 2018
- FDIC Cert
- 59140
- Fed RSSD
- 5303724
- Website
- www.gulfsidebank.com →
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, Gulfside Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, Gulfside Bank's total assets ran between $268.7M (Q4 2023) and $362.3M (Q1 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$344.6M total assets against $315.6M; $309.1M total liabilities against $287.0M.
$253.2M net loans and leases against $224.8M; $294.1M total deposits against $284.3M.
$58.6M securities against $46.5M; $20.0M cash and balances due against $32.4M.
$4.7M total interest income against $4.2M; $1.4M total interest expense against $1.2M.
$3.4M net interest income against $2.9M.
$481K total noninterest income against $271K; $1.9M total noninterest expense against $1.8M.
$103K provision for credit losses against $99K.
$1.4M net income against $981K.
1.65% return on assets against 1.25%; 4.00% net interest margin against 3.87%.
11.24% tier 1 leverage ratio against 10.33%.
Inside the full Gulfside Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
Gulfside Bank rankings
Its closest position to the top of a national ranking is 669 of 3,606, for efficiency ratio; its furthest is 2,590 of 3,640, for Texas Ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 1.11% (Q1 2025) to 1.65% (Q2 2026) and its net interest margin ran from 3.64% (Q4 2025) to 4.00% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 11.24% | 1.65% | 0.00% | 1.21% | 4.00% |
| Q1 2026 | 11.04% | 1.28% | 0.02% | 0.11% | 3.75% |
| Q4 2025 | 10.42% | 1.41% | 0.02% | 0.12% | 3.64% |
| Q3 2025 | 10.52% | 1.27% | 0.06% | 0.43% | 3.66% |
| Q2 2025 | 10.33% | 1.25% | 0.06% | 0.45% | 3.87% |
| Q1 2025 | 10.24% | 1.11% | 0.06% | 0.48% | 3.75% |
| Q4 2024 | 10.67% | 1.22% | 0.07% | 0.51% | 3.86% |
| Q3 2024 | 10.59% | 1.55% | 0.00% | 0.00% | 3.68% |
Swipe the table sideways to see every column.
Branch Network
View all 2 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Gulfside Bank (main office) | Sarasota , FL | 34236 | $250.9M |
| Fruitville Office Branch | Sarasota , FL | 34240 | $43.2M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in FL, rank 102 of 186 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Not on file
- Enforcement actions, Mortgage lending (HMDA), SBA 7(a) lending, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Gulfside Bank
What are Gulfside Bank's total assets?
As of the Q2 2026 filing, Gulfside Bank reported total assets of $344.6 million in its FFIEC call report.
Where is Gulfside Bank headquartered?
It is headquartered in Sarasota, FL, United States.
When was Gulfside Bank founded?
It was established in 2018, per the FDIC institution directory.
Is Gulfside Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #59140). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Gulfside Bank?
Gulfside Bank's primary federal regulator is the FDIC.
How many branches does Gulfside Bank operate?
It operates 2 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Gulfside Bank's Texas Ratio?
Its Texas Ratio is 1.21% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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