Gateway Community Bank in Roscoe, Illinois (IL), WI
Overview, Financial Summary, Detailed Financial Reports, Branches

Gateway Community Bank - Overview

  • General
  • FDIC Certificate #: 57275
    Status: Active
    Federal Reserve ID: 3145162
    Bank Holding Company (Regulatory Top Holder): Gateway Banc Corp. (RSSDID: 3438800, Location: Roscoe, IL)
    Date Established: October 29, 2002
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: Yes)
    FDIC's unique #: 360578
    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: October 29, 2002
    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: 5390 Williams Drive, Roscoe, IL 61073
    County: Winnebago
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Princeton
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Rockford, IL (#6880)
    Combined Statistical Area (CSA): Rockford-Freeport-Rochelle, IL (#466)
    Core Based Statistical Area (CBSA): Rockford, IL (#40420)
    CBSA Metro Statistical Area: Rockford, IL (#40420)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $87.4 mil
    Equity capital: $8.8 mil
    Deposits held in domestic offices: $78.2 mil
    Return on assets (ROA): 0.45% ($0.4 mil)
    Quarterly return on assets: -0.31% (-$0.3 mil)
    Return on Equity (ROE): 4.51% ($0.4 mil)
    Quarterly return on equity: -3.02% (-$0.3 mil)
    Net income: $0.4 mil
    Quarterly Net income: -$0.1 mil
    Pretax return on assets: 0.55% ($480.6 mil)
    Quarterly Pretax return on assets: -0.12% (-$104.9 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
  • 27Total employees (full-time equivalent)
  • $87,388Total assets
  • $1,401Cash and due from depository institutions
  • $350Interest-bearing balances
  • $22,283Securities
  • $2,265Federal funds sold & reverse repurchase agreements
  • $58,745Net loans & leases
  • $976Loan loss allowance
  • $0Trading account assets
  • $424Bank premises and fixed assets
  • $1,328Other real estate owned
  • $0Goodwill and other intangibles
  • $87,388Life insurance assets
  • $942All other assets
  • $78,577Total liabilities and capital
  • $78,181Total liabilities
  • $69,210Total deposits
  • $78,181Interest-bearing deposits
  • $64Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $396Subordinated debt
  • $8,811All other liabilities
  • $8,811Total equity capital
  • $8,811Total bank equity capital
  • $0Perpetual preferred stock
  • $360Common stock
  • $8,134Surplus
  • $317Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,858Income earned, not collected on loans
  • $0Earning assets
  • $371Long-term assets (5+ years)
  • $83,643Average Assets, year-to-date
  • $13,057Average Assets, quarterly
  • $86,714Volatile liabilities
  • $86,889Insider loans
  • $62,673FHLB advances
  • $87,433Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $8,519Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,829Restructured Loans and leases
  • $1,395Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,279Total interest income
  • $595Total interest expense
  • $3,684Net interest income
  • $470Provision for loan and lease losses
  • $174Total noninterest income
  • $0Fiduciary activities
  • $82Service charges on deposit accounts
  • $0Trading account gains & fees
  • $92Additional noninterest income
  • $2,915Total noninterest expense
  • $1,468Salaries and employee benefits
  • $446Premises and equipment expense
  • $1,001Additional noninterest expense
  • $473Pre-tax net operating income
  • $6Securities gains (losses)
  • $89Applicable income taxes
  • $390Income before extraordinary items
  • $0Extraordinary gains - net
  • $390Net income attributable to bank
  • $0Net charge-offs
  • $390Cash dividends
  • $224Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.12%Yield on earning assets
  • 0.71%Cost of funding earning assets
  • 4.41%Net interest margin
  • 0.21%Noninterest income to earning assets
  • 3.49%Noninterest expense to earning assets
  • 0.44%Net operating income to assets
  • 0.45%Return on assets (ROA)
  • 0.55%Pretax return on assets
  • 4.51%Return on equity (ROE)
  • 4.51%Retained earnings to average equity (YTD only)
  • 0.38%Net charge-offs to loans
  • 209.82%Credit loss provision to net charge-offs
  • 4.21%Efficiency ratio
  • 75,557Assets per employee
  • 3.24%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.63%Loss allowance to noncurrent loans
  • 52.53%Noncurrent assets plus other real estate owned to assets
  • 3.65%Noncurrent loans to loans
  • 3.11%Net loans and leases to deposits
  • 75.14%Net loans and leases to core deposits
  • 85.09%Equity capital to assets
  • 10.08%Core capital (leverage) ratio
  • 9.74%Tier 1 risk-based capital ratio
  • 13.59%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $86,714Average earning assets
  • $8,645Average equity
  • $83,577Average loans

List of branches

  • 2 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0360578Gateway Community Bank5390 Williams Drive, Roscoe, IL 61073October 29, 2002Full Service Brick and Mortar
    1466971Messenger Service5390 Williams Drive, Roscoe, IL 61073August 06, 2007Limited Service Messenger
  • 1 Wisconsin Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    2487507Beloit Wi Branch2215 Cranston Road, Beloit, WI 53511Febuary 16, 2009Full Service Brick and Mortar

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