Major Rating Factors:
Operating profits as a percentage of assets at 0.6%, coupled with a return on assets of 0.5 has resulted in Weak (2.1) profitability. A current level of 10.1 percent of nonperforming loans to core capital combined with 6.7 percent from a year earlier contributes to the Fair asset quality (3.4).
Other Rating Factors:
Weak liquidity 2.6, driven by a liquidity ratio of 15.0 percent and a “hot money” ratio of 35.2 percent. Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 14.6 and a capital leverage ratio of 12.9.
Asset Mix:
Home mtgs (35%), comm re (17%), securities (7%), comm loans (7%), cash (6%), consumer loans (0%), other (28%)
States with Branches:
OK
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Gateway First Bancorp, Inc.
Investment Rating
--
Address
244 South Gateway Place
Jenks, OK 74037
Jenks, OK 74037
Phone Number
(918) 324-0021
Year Founded
2007
FDIC Number
Website
Largest Affiliates
No affiliate information available.