Gateway State Bank in city_name, state_name - Detailed Financial Reports, Location

Gateway State Bank in Clinton, Iowa (IA)
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Gateway State Bank routing number info

Gateway State Bank - Overview

General
FDIC Certificate #: 9293
Status: Active
Federal Reserve ID: 475046
Bank Holding Company (Regulatory Top Holder): Ohnward Bancshares, Inc. (RSSDID: 1200311, Location: Maquoketa, IA)
Date Established: January 01, 1907
WWW: http://www.gatewaysb.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Domestic: 5, Interstate: No)
OTS Docket #: 15821
FDIC's unique #: 5948
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Agricultural lending institution: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: January 01, 1934
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: 1427 North Second Street, Clinton, IA 52732
County: Clinton
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Cedar Rapids
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Core Based Statistical Area (CBSA): Clinton, IA (#17540)
CBSA Micro Statistical Area: Yes
History of Changes
Corrections
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $122.0 mil
Equity capital: $11.2 mil
Deposits held in domestic offices: $98.2 mil
Return on assets (ROA): 0.57% ($0.7 mil)
Quarterly return on assets: 0.59% ($0.7 mil)
Return on Equity (ROE): 6.31% ($0.7 mil)
Quarterly return on equity: 6.40% ($0.7 mil)
Net income: $0.7 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: 0.75% ($915.0 mil)
Quarterly Pretax return on assets: 0.75% ($915.0 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
33Total employees (full-time equivalent)
$121,997Total assets
$5,409Cash and due from depository institutions
$4,779Interest-bearing balances
$30,200Securities
$0Federal funds sold & reverse repurchase agreements
$79,668Net loans & leases
$741Loan loss allowance
$0Trading account assets
$2,551Bank premises and fixed assets
$98Other real estate owned
$1,721Goodwill and other intangibles
$121,996Life insurance assets
$2,350All other assets
$110,778Total liabilities and capital
$98,194Total liabilities
$85,824Total deposits
$98,194Interest-bearing deposits
$94Deposits held in domestic offices
4945.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$6,641Trading liabilities
$0Other borrowed funds
$998Subordinated debt
$11,218All other liabilities
$11,218Total equity capital
$11,218Total bank equity capital
$0Perpetual preferred stock
$278Common stock
$4,875Surplus
$6,065Undivided profits
Memoranda
$0Noncurrent loans and leases
$38Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$734Income earned, not collected on loans
$410Earning assets
$719Long-term assets (5+ years)
$114,647Average Assets, year-to-date
$13,179Average Assets, quarterly
$119,156Volatile liabilities
$121,242Insider loans
$78,383FHLB advances
$119,886Loans and leases held for sale
$519Unused loan commitments
$519Tier 1 (core) risk-based capital
$8,995Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$14,937Restructured Loans and leases
$1,789Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$5,233Total interest income
$1,640Total interest expense
$3,593Net interest income
$128Provision for loan and lease losses
$675Total noninterest income
$5Fiduciary activities
$346Service charges on deposit accounts
$0Trading account gains & fees
$324Additional noninterest income
$3,247Total noninterest expense
$1,759Salaries and employee benefits
$440Premises and equipment expense
$1,048Additional noninterest expense
$893Pre-tax net operating income
$0Securities gains (losses)
$218Applicable income taxes
$675Income before extraordinary items
$0Extraordinary gains - net
$675Net income attributable to bank
$0Net charge-offs
$675Cash dividends
$97Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.69%Yield on earning assets
1.47%Cost of funding earning assets
3.22%Net interest margin
0.60%Noninterest income to earning assets
2.91%Noninterest expense to earning assets
0.57%Net operating income to assets
0.57%Return on assets (ROA)
0.75%Pretax return on assets
6.31%Return on equity (ROE)
6.31%Retained earnings to average equity (YTD only)
0.12%Net charge-offs to loans
131.96%Credit loss provision to net charge-offs
10.53%Efficiency ratio
76,078Assets per employee
3.70%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.92%Loss allowance to noncurrent loans
100.95%Noncurrent assets plus other real estate owned to assets
0.68%Noncurrent loans to loans
0.91%Net loans and leases to deposits
81.13%Net loans and leases to core deposits
85.48%Equity capital to assets
9.20%Core capital (leverage) ratio
7.50%Tier 1 risk-based capital ratio
11.48%Total risk-based capital ratio
Memoranda
$12Average assets
$119,156Average earning assets
$10,705Average equity
$111,682Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$8,359Managed Assets
1Number of Accounts
$4,791Personal trust and agency accounts
$652Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$1,752Corporate trust and agency accounts
$0Investment management agency accounts
$2,387Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
26Number of Accounts
$0Personal trust and agency accounts
$1,752Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$3,568Other retirement accounts
$0Corporate trust and agency accounts
$3,556Other fiduciary accounts
$12Fiduciary accounts held in foreign offices

List of branches

5 Iowa Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	5948	Gateway State Bank	1427 North Second Street, Clinton, IA 52732	January 01, 1907	Full Service Brick and Mortar
1	219847	Charlotte Branch	117 Broadway, Charlotte, IA 52731	July 18, 1938	Full Service Brick and Mortar
2	219848	Goose Lake Branch	223 Main Street, Goose Lake, IA 52750	October 13, 1980	Full Service Brick and Mortar
3	219849	Downtown Branch	614 South 2nd Street, Clinton, IA 52732	October 13, 1980	Limited Service Facility
4	492980	Westside Branch	2600 Lincolnway, Clinton, IA 52732	August 25, 2008	Full Service Brick and Mortar

Gateway State Bank in Clinton, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Gateway State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Gateway State Bank in Clinton, Iowa (IA)Overview, Financial Summary, Detailed Financial Reports, Branches

Gateway State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Gateway State Bank in Clinton, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches