FDIC Certificate #: 57644 Status: Active Federal Reserve ID: 3223417 Bank Holding Company (Regulatory Top Holder): Gateway Bancorporation, Inc. (RSSDID: 3223396, Location: Mendota Heights, MN) Date Established: January 20, 2004 WWW:http://www.gateway-banking.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 419003 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: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: January 20, 2004 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 745 Market Street, Mendota Heights, MN 55118 County: Dakota Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Minneapolis Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Minneapolis-St. Paul, MN-WI (#5120) Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378) Core Based Statistical Area (CBSA): Minneapolis-St. Paul-Bloomington, MN-WI (#33460) CBSA Metro Statistical Area: Minneapolis-St. Paul-Bloomington, MN-WI (#33460)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $95.1 mil Equity capital: $9.5 mil Deposits held in domestic offices: $77.0 mil Return on assets (ROA): 1.80% ($1.7 mil) Quarterly return on assets: 1.48% ($1.4 mil) Return on Equity (ROE): 19.01% ($1.9 mil) Quarterly return on equity: 15.07% ($1.5 mil) Net income: $1.7 mil Quarterly Net income: $0.4 mil Pretax return on assets: 1.83% ($1,739.6 mil) Quarterly Pretax return on assets: 1.60% ($1,520.9 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
18Total employees (full-time equivalent)
$95,059Total assets
$15,883Cash and due from depository institutions
$13,043Interest-bearing balances
$3,188Securities
$505Federal funds sold & reverse repurchase agreements
$74,221Net loans & leases
$1,068Loan loss allowance
$0Trading account assets
$259Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$95,059Life insurance assets
$1,003All other assets
$85,543Total liabilities and capital
$76,983Total liabilities
$60,213Total deposits
$76,983Interest-bearing deposits
$96Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$8,250Trading liabilities
$0Other borrowed funds
$310Subordinated debt
$9,516All other liabilities
$9,516Total equity capital
$9,516Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$7,200Surplus
$2,216Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$771Income earned, not collected on loans
$0Earning assets
$255Long-term assets (5+ years)
$90,957Average Assets, year-to-date
$957Average Assets, quarterly
$94,976Volatile liabilities
$94,816Insider loans
$76,918FHLB advances
$94,864Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$9,513Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$15,212Restructured Loans and leases
$290Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$4,613Total interest income
$615Total interest expense
$3,998Net interest income
$155Provision for loan and lease losses
$301Total noninterest income
$0Fiduciary activities
$176Service charges on deposit accounts
$0Trading account gains & fees
$125Additional noninterest income
$2,403Total noninterest expense
$1,346Salaries and employee benefits
$351Premises and equipment expense
$706Additional noninterest expense
$1,741Pre-tax net operating income
$0Securities gains (losses)
$29Applicable income taxes
$1,712Income before extraordinary items
$0Extraordinary gains - net
$1,712Net income attributable to bank
$0Net charge-offs
$1,712Cash dividends
$201Sale, conversion, retirement of capital stock, net
$798Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.08%Yield on earning assets
0.68%Cost of funding earning assets
4.40%Net interest margin
0.33%Noninterest income to earning assets
2.65%Noninterest expense to earning assets
1.80%Net operating income to assets
1.80%Return on assets (ROA)
1.83%Pretax return on assets
19.01%Return on equity (ROE)
10.15%Retained earnings to average equity (YTD only)
0.27%Net charge-offs to loans
77.11%Credit loss provision to net charge-offs
9.43%Efficiency ratio
55,897Assets per employee
5.28%Cash dividends to net income (YTD only)
Condition Ratios (%)
46.61%Loss allowance to loans
1.42%Loss allowance to noncurrent loans
138.52%Noncurrent assets plus other real estate owned to assets
0.81%Noncurrent loans to loans
1.02%Net loans and leases to deposits
96.41%Net loans and leases to core deposits
104.20%Equity capital to assets
10.01%Core capital (leverage) ratio
10.03%Tier 1 risk-based capital ratio
12.37%Total risk-based capital ratio
Memoranda
$14Average assets
$94,976Average earning assets
$9,004Average equity
$90,776Average loans
List of branches
1 Minnesota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
419003
Gateway Bank
745 Market Street, Mendota Heights, MN 55118
January 20, 2004
Full Service Brick and Mortar
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