American Gateway Bank in Port Allen, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

American Gateway Bank - Overview

  • General
  • FDIC Certificate #: 313
    Status: Active
    Federal Reserve ID: 893538
    Bank Holding Company (Regulatory Top Holder): American Gateway Financial Corporation (RSSDID: 1083635, Location: Port Allen, LA)
    Date Established: January 01, 1905
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 11 (Domestic: 11, Interstate: No)
    OTS Docket #: 13234
    FDIC's unique #: 251
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: July 01, 2011
    Last Structure Change Process Date: July 12, 2011
    Last Data Update: July 12, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 320 N. Alexander Avenue, Port Allen, LA 70767
    County: West Baton Rouge
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Baton Rouge
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Baton Rouge, LA (#760)
    Combined Statistical Area (CSA): Baton Rouge-Pierre Part, LA (#132)
    Core Based Statistical Area (CBSA): Baton Rouge, LA (#12940)
    CBSA Metro Statistical Area: Baton Rouge, LA (#12940)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $448.9 mil
    Equity capital: $40.0 mil
    Deposits held in domestic offices: $314.1 mil
    Return on assets (ROA): -0.03% (-$0.1 mil)
    Quarterly return on assets: 0.36% ($1.6 mil)
    Return on Equity (ROE): -0.31% (-$0.1 mil)
    Quarterly return on equity: 4.02% ($1.6 mil)
    Net income: -$0.1 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: -0.26% (-$1,167.2 mil)
    Quarterly Pretax return on assets: 0.28% ($1,256.9 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 104Total employees (full-time equivalent)
  • $448,904Total assets
  • $45,333Cash and due from depository institutions
  • $41,196Interest-bearing balances
  • $144,477Securities
  • $174Federal funds sold & reverse repurchase agreements
  • $231,112Net loans & leases
  • $4,328Loan loss allowance
  • $0Trading account assets
  • $9,359Bank premises and fixed assets
  • $4,895Other real estate owned
  • $0Goodwill and other intangibles
  • $448,904Life insurance assets
  • $13,554All other assets
  • $408,879Total liabilities and capital
  • $314,139Total liabilities
  • $239,237Total deposits
  • $314,139Interest-bearing deposits
  • $71Deposits held in domestic offices
  • 2497.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $89,644Trading liabilities
  • $0Other borrowed funds
  • $2,599Subordinated debt
  • $40,025All other liabilities
  • $40,025Total equity capital
  • $40,025Total bank equity capital
  • $0Perpetual preferred stock
  • $1,098Common stock
  • $14,999Surplus
  • $23,928Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $1,684Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $8,612Income earned, not collected on loans
  • $0Earning assets
  • $1,550Long-term assets (5+ years)
  • $416,959Average Assets, year-to-date
  • $125,041Average Assets, quarterly
  • $443,248Volatile liabilities
  • $441,326Insider loans
  • $270,025FHLB advances
  • $429,839Loans and leases held for sale
  • $4,286Unused loan commitments
  • $4,286Tier 1 (core) risk-based capital
  • $36,975Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $32,928Restructured Loans and leases
  • $271Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $19,376Total interest income
  • $5,565Total interest expense
  • $13,811Net interest income
  • $3,380Provision for loan and lease losses
  • $2,550Total noninterest income
  • $0Fiduciary activities
  • $1,247Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,303Additional noninterest income
  • $13,049Total noninterest expense
  • $6,155Salaries and employee benefits
  • $1,897Premises and equipment expense
  • $4,997Additional noninterest expense
  • -$68Pre-tax net operating income
  • -$1,064Securities gains (losses)
  • -$1,012Applicable income taxes
  • -$120Income before extraordinary items
  • $0Extraordinary gains - net
  • -$120Net income attributable to bank
  • $0Net charge-offs
  • -$120Cash dividends
  • $3,991Sale, conversion, retirement of capital stock, net
  • $142Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.73%Yield on earning assets
  • 1.36%Cost of funding earning assets
  • 3.37%Net interest margin
  • 0.62%Noninterest income to earning assets
  • 3.19%Noninterest expense to earning assets
  • 0.13%Net operating income to assets
  • -0.03%Return on assets (ROA)
  • -0.26%Pretax return on assets
  • -0.31%Return on equity (ROE)
  • -0.69%Retained earnings to average equity (YTD only)
  • 1.56%Net charge-offs to loans
  • 84.69%Credit loss provision to net charge-offs
  • 0.83%Efficiency ratio
  • 79,757Assets per employee
  • 4.32%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -118.33%Loss allowance to loans
  • 1.84%Loss allowance to noncurrent loans
  • 50.26%Noncurrent assets plus other real estate owned to assets
  • 3.01%Noncurrent loans to loans
  • 3.66%Net loans and leases to deposits
  • 73.57%Net loans and leases to core deposits
  • 86.45%Equity capital to assets
  • 8.92%Core capital (leverage) ratio
  • 8.60%Tier 1 risk-based capital ratio
  • 13.69%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $443,248Average earning assets
  • $38,185Average equity
  • $409,559Average loans

List of branches

  • 11 Louisiana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0251American Gateway Bank320 N. Alexander Avenue, Port Allen, LA 70767January 01, 1905Full Service Brick and Mortar
    1181496Brusly BranchEast Service Road And La. Highway 1, Brusly, LA 70719March 26, 1979Full Service Brick and Mortar
    2181497Erwinville BranchU.S. Highway 190 And La. Highway 413, Erwinville, LA 70729January 26, 1981Full Service Brick and Mortar
    3181498Florida St Branch4944 Florida Street, Baton Rouge, LA 70806April 06, 1992Full Service Brick and Mortar
    10181505Perkins Road Branch10725 Perkins Road, Baton Rouge, LA 70810October 21, 1998Full Service Brick and Mortar
    13430465Downtown Branch412 North 4th Street (1st Floor), Baton Rouge, LA 70802August 03, 2004Full Service Brick and Mortar
    15433458Jefferson Highway Branch7880 Jefferson Highway, Baton Rouge, LA 70809December 07, 2004Full Service Brick and Mortar
    16441457Port Allen Branch320 North Alexander Avenue, Port Allen, LA 70767November 18, 2004Full Service Brick and Mortar
    17443745Denham Springs Branch31635 Louisiana Highway 16, Denham Springs, LA 70726August 16, 2005Full Service Brick and Mortar
    18486596Gonzales Branch1821 West Highway 30, Gonzales, LA 70737December 18, 2008Full Service Brick and Mortar
    19499522Zachary Branch1858 Church Street, Zachary, LA 70791December 10, 2009Full Service Brick and Mortar

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