Gateway Bank
Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.7 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.4%, coupled with a return on assets of 1.3 has resulted in Good (5.8) profitability.
Other Rating Factors:
Excellent current capitalization (9.0 on a scale of 0 to 10) based on a risk-based capital ratio of 15.0 and a capital leverage ratio of 10.3. A current level of 0.1 percent of nonperforming loans to core capital contributes to the Excellent asset quality (8.6).
Asset Mix:
Comm loans (20%), home mtgs (19%), comm re (18%), cash (17%), home eq lns (8%), securities (6%), consumer loans (1%), other (11%)
States with Branches:
MN
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 Bancorporation, Inc.
Investment Rating
--
Address
745 Market Street
Mendota Heights, MN 55118
Mendota Heights, MN 55118
Phone Number
(651) 209-4800
Year Founded
2004
FDIC Number
Website
Largest Affiliates
No affiliate information available.