Gateway Bank, F.S.B. in San Francisco, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Gateway Bank, F.S.B. in San Francisco, California (CA)
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Gateway Bank, F.S.B. - Overview

  • General
  • FDIC Certificate #: 33103
    Status: Active
    Federal Reserve ID: 1493319
    Date Established: June 08, 1990
    WWW: http://www.gatewayfsb.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 8857
    FDIC's unique #: 46337
    Numeric code: 33
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: June 08, 1990
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 919 Clement Street, San Francisco, CA 94118
    County: San Francisco
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: San Francisco
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): San Francisco, CA (#7360)
    Consolidated Metropolitan Statistical Area (CMSA): San Francisco-Oakland-San Jose, CA (#84)
    Combined Statistical Area (CSA): San Jose-San Francisco-Oakland, CA (#488)
    Core Based Statistical Area (CBSA): San Francisco-Oakland-Fremont, CA (#41860)
    CBSA Metro Statistical Area: San Francisco-Oakland-Fremont, CA (#41860)
    Core Based Statistical Division: San Francisco-San Mateo-Redwood City, CA (#41884)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $266.8 mil
    Equity capital: $11.0 mil
    Deposits held in domestic offices: $252.4 mil
    Return on assets (ROA): -4.14% (-$11.1 mil)
    Quarterly return on assets: -0.25% (-$0.7 mil)
    Return on Equity (ROE): -69.41% (-$7.6 mil)
    Quarterly return on equity: -5.99% (-$0.7 mil)
    Net income: -$11.4 mil
    Quarterly Net income: -$0.2 mil
    Pretax return on assets: -4.51% (-$12,033.6 mil)
    Quarterly Pretax return on assets: -1.24% (-$3,308.6 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
  • 65Total employees (full-time equivalent)
  • $266,820Total assets
  • $23,913Cash and due from depository institutions
  • $22,379Interest-bearing balances
  • $28,401Securities
  • $1,925Federal funds sold & reverse repurchase agreements
  • $185,906Net loans & leases
  • $4,589Loan loss allowance
  • $0Trading account assets
  • $220Bank premises and fixed assets
  • $2,417Other real estate owned
  • $5,339Goodwill and other intangibles
  • $266,820Life insurance assets
  • $18,699All other assets
  • $255,801Total liabilities and capital
  • $252,443Total liabilities
  • $246,067Total deposits
  • $252,443Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $3,358Subordinated debt
  • $11,019All other liabilities
  • $11,019Total equity capital
  • $11,019Total bank equity capital
  • $12,361Perpetual preferred stock
  • $2,617Common stock
  • $6,625Surplus
  • $-10,584Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,707Income earned, not collected on loans
  • $0Earning assets
  • $788Long-term assets (5+ years)
  • $238,611Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $275,897Volatile liabilities
  • $266,683Insider loans
  • $160,540FHLB advances
  • $269,371Loans and leases held for sale
  • $2,195Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $13,216Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $225Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $11,730Total interest income
  • $2,663Total interest expense
  • $9,067Net interest income
  • $4,825Provision for loan and lease losses
  • $1,127Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • -$515Trading account gains & fees
  • $1,642Additional noninterest income
  • $18,429Total noninterest expense
  • $6,733Salaries and employee benefits
  • $1,747Premises and equipment expense
  • $9,949Additional noninterest expense
  • -$13,060Pre-tax net operating income
  • $626Securities gains (losses)
  • -$999Applicable income taxes
  • -$11,435Income before extraordinary items
  • $0Extraordinary gains - net
  • -$11,435Net income attributable to bank
  • $0Net charge-offs
  • -$11,435Cash dividends
  • $6,613Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.86%Yield on earning assets
  • 1.10%Cost of funding earning assets
  • 3.76%Net interest margin
  • 0.47%Noninterest income to earning assets
  • 7.63%Noninterest expense to earning assets
  • -4.35%Net operating income to assets
  • -4.14%Return on assets (ROA)
  • -4.51%Pretax return on assets
  • -69.41%Return on equity (ROE)
  • -69.41%Retained earnings to average equity (YTD only)
  • 3.97%Net charge-offs to loans
  • 72.96%Credit loss provision to net charge-offs
  • -1.25%Efficiency ratio
  • 180,283Assets per employee
  • 4.10%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.41%Loss allowance to noncurrent loans
  • 68.42%Noncurrent assets plus other real estate owned to assets
  • 3.42%Noncurrent loans to loans
  • 3.52%Net loans and leases to deposits
  • 73.64%Net loans and leases to core deposits
  • 73.64%Equity capital to assets
  • 4.13%Core capital (leverage) ratio
  • 5.04%Tier 1 risk-based capital ratio
  • 8.23%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $275,897Average earning assets
  • $16,476Average equity
  • $241,439Average loans

List of branches

  • 3 California Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    046337Gateway Bank, F.S.b.919 Clement Street, San Francisco, CA 94118June 08, 1990Full Service Brick and Mortar
    3286608360 Eighth Street Branch360 Eighth Street, Oakland, CA 94607January 01, 1979Full Service Brick and Mortar
    4506044Oakland Hq2201 Broadway Street, Suite #404, Oakland, CA 94612July 01, 2008Full Service Brick and Mortar

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