Gateway Bank of Pennsylvania in Mc Murray, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Gateway Bank of Pennsylvania - Overview

  • General
  • FDIC Certificate #: 57615
    Status: Active
    Federal Reserve ID: 3184693
    Date Established: May 11, 2004
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 418544
    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: May 11, 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: 3402 Washington Road, Mc Murray, PA 15317
    County: Washington
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Wexford
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Pittsburgh, PA (#6280)
    Combined Statistical Area (CSA): Pittsburgh-New Castle, PA (#430)
    Core Based Statistical Area (CBSA): Pittsburgh, PA (#38300)
    CBSA Metro Statistical Area: Pittsburgh, PA (#38300)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $120.3 mil
    Equity capital: $15.2 mil
    Deposits held in domestic offices: $96.9 mil
    Return on assets (ROA): 0.52% ($0.6 mil)
    Quarterly return on assets: 0.69% ($0.8 mil)
    Return on Equity (ROE): 4.22% ($0.6 mil)
    Quarterly return on equity: 5.45% ($0.8 mil)
    Net income: $0.6 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.52% ($625.4 mil)
    Quarterly Pretax return on assets: 0.69% ($829.8 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
  • 20Total employees (full-time equivalent)
  • $120,260Total assets
  • $9,272Cash and due from depository institutions
  • $5,407Interest-bearing balances
  • $9,018Securities
  • $4Federal funds sold & reverse repurchase agreements
  • $100,035Net loans & leases
  • $1,450Loan loss allowance
  • $0Trading account assets
  • $594Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $120,260Life insurance assets
  • $1,337All other assets
  • $105,085Total liabilities and capital
  • $96,882Total liabilities
  • $80,281Total deposits
  • $96,882Interest-bearing deposits
  • $61Deposits held in domestic offices
  • 2031.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $6,000Trading liabilities
  • $0Other borrowed funds
  • $172Subordinated debt
  • $15,175All other liabilities
  • $15,175Total equity capital
  • $15,175Total bank equity capital
  • $0Perpetual preferred stock
  • $1,717Common stock
  • $16,112Surplus
  • $-2,654Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $310Long-term assets (5+ years)
  • $114,464Average Assets, year-to-date
  • $30,682Average Assets, quarterly
  • $120,359Volatile liabilities
  • $118,319Insider loans
  • $107,177FHLB advances
  • $119,109Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $15,162Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $23,383Restructured Loans and leases
  • $10,278Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,998Total interest income
  • $949Total interest expense
  • $4,049Net interest income
  • $63Provision for loan and lease losses
  • $63Total noninterest income
  • $0Fiduciary activities
  • $37Service charges on deposit accounts
  • $0Trading account gains & fees
  • $26Additional noninterest income
  • $3,437Total noninterest expense
  • $1,774Salaries and employee benefits
  • $563Premises and equipment expense
  • $1,100Additional noninterest expense
  • $612Pre-tax net operating income
  • $9Securities gains (losses)
  • $0Applicable income taxes
  • $621Income before extraordinary items
  • $0Extraordinary gains - net
  • $621Net income attributable to bank
  • $0Net charge-offs
  • $621Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.31%Yield on earning assets
  • 0.82%Cost of funding earning assets
  • 3.49%Net interest margin
  • 0.05%Noninterest income to earning assets
  • 2.96%Noninterest expense to earning assets
  • 0.51%Net operating income to assets
  • 0.52%Return on assets (ROA)
  • 0.52%Pretax return on assets
  • 4.22%Return on equity (ROE)
  • 4.22%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 83,585Assets per employee
  • 6.01%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.43%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 103.25%Net loans and leases to core deposits
  • 168.00%Equity capital to assets
  • 12.62%Core capital (leverage) ratio
  • 12.73%Tier 1 risk-based capital ratio
  • 14.15%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $120,359Average earning assets
  • $14,702Average equity
  • $116,083Average loans

List of branches

  • 2 Pennsylvania Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0418544Gateway Bank Of Pennsylvania3402 Washington Road, Mc Murray, PA 15317May 11, 2004Full Service Brick and Mortar
    1479351Cranberry Office Branch900 Commonwealth Drive, Cranberry Township, PA 16066November 01, 2007Full Service Brick and Mortar

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