Gateway National Bank in Dallas, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 31, 2007

  • Gateway National Bank in Dallas, Texas (TX)
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Gateway National Bank - Overview

  • General
  • FDIC Certificate #: 23803
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Prosperity Bank (#16835)
    Federal Reserve ID: 840859
    Date Established: January 28, 1982
    WWW: http://www.gatewaybank.com
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 11 (Interstate: No)
    FDIC's unique #: 16640
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: January 28, 1982
    Last Structure Change Effective Date: January 31, 2007
    Last Structure Change Process Date: March 22, 2007
    Last Data Update: March 22, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 12655 North Central Expressway, #100, Dallas, TX 75243
    County: Dallas
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Dallas
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Dallas, TX (#1920)
    Consolidated Metropolitan Statistical Area (CMSA): Dallas-Fort Worth, TX (#31)
    Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
    Core Based Statistical Area (CBSA): Dallas-Fort Worth-Arlington, TX (#19100)
    CBSA Metro Statistical Area: Dallas-Fort Worth-Arlington, TX (#19100)
    Core Based Statistical Division: Dallas-Plano-Irving, TX (#19124)
  • Financial Summary
  • Total assets: $261.5 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, 2006)

  • Dollar figures in thousands
  • 68Total employees (full-time equivalent)
  • $261,490Total assets
  • $19,206Cash and due from depository institutions
  • $4Interest-bearing balances
  • $47,944Securities
  • $9,000Federal funds sold & reverse repurchase agreements
  • $140,306Net loans & leases
  • $1,052Loan loss allowance
  • $0Trading account assets
  • $8,970Bank premises and fixed assets
  • $0Other real estate owned
  • $27,099Goodwill and other intangibles
  • $3,763Life insurance assets
  • $8,965All other assets
  • $261,490Total liabilities and capital
  • $216,280Total liabilities
  • $213,155Total deposits
  • $132,751Interest-bearing deposits
  • $213,155Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,000Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $2,125All other liabilities
  • $45,210Total equity capital
  • $45,210Total bank equity capital
  • $45,210Perpetual preferred stock
  • $0Common stock
  • $2,590Surplus
  • $39,953Undivided profits
  • Memoranda
  • $2,667Noncurrent loans and leases
  • $22,945Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $10Earning assets
  • $0Long-term assets (5+ years)
  • $1,254Average Assets, year-to-date
  • $197,254Average Assets, quarterly
  • $52,920Volatile liabilities
  • $262,403Insider loans
  • $266,824FHLB advances
  • $29,839Loans and leases held for sale
  • $1,353Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $14,672Total risk weighted assets
  • $22,945Total unused commitments
  • $0Restructured Loans and leases
  • $1,052Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $15,101Total interest income
  • $3,578Total interest expense
  • $11,523Net interest income
  • $175Provision for loan and lease losses
  • $1,566Total noninterest income
  • $0Fiduciary activities
  • $1,394Service charges on deposit accounts
  • $0Trading account gains & fees
  • $172Additional noninterest income
  • $9,208Total noninterest expense
  • $5,097Salaries and employee benefits
  • $1,343Premises and equipment expense
  • $2,768Additional noninterest expense
  • $3,706Pre-tax net operating income
  • $2Securities gains (losses)
  • $1,083Applicable income taxes
  • $2,625Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,625Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $919Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.43%Yield on earning assets
  • 1.76%Cost of funding earning assets
  • 5.67%Net interest margin
  • 0.77%Noninterest income to earning assets
  • 4.53%Noninterest expense to earning assets
  • 1.00%Net operating income to assets
  • 1.00%Return on assets (ROA)
  • 1.41%Pretax return on assets
  • 5.95%Return on equity (ROE)
  • 5.95%Retained earnings to average equity (YTD only)
  • 0.64%Net charge-offs to loans
  • 19.04%Credit loss provision to net charge-offs
  • 4.22%Efficiency ratio
  • 67,056Assets per employee
  • 3.85%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.74%Loss allowance to noncurrent loans
  • 10520.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.01%Net loans and leases to deposits
  • 65.82%Net loans and leases to core deposits
  • 76.12%Equity capital to assets
  • 17.29%Core capital (leverage) ratio
  • 7.77%Tier 1 risk-based capital ratio
  • 11.48%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $262,403Average earning assets
  • $44,139Average equity
  • $203,347Average loans

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