Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Very Weak overall stability index (0.3 on a scale of 0 to 10). A current level of 14.0 percent of nonperforming loans to core capital combined with 6.0 percent from a year earlier contributes to the Weak asset quality (3.0).
Other Rating Factors:
Weak liquidity 2.6, driven by a liquidity ratio of 15.2 percent and a “hot money” ratio of 37.7 percent. Operating profits as a percentage of assets at 1.1%, coupled with a return on assets of 0.9 has resulted in Fair (3.1) profitability.
Asset Mix:
Home mtgs (32%), comm re (15%), comm loans (9%), cash (8%), securities (6%), consumer loans (0%), other (30%)
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.