FDIC Certificate #: 58678 Status: Active Federal Reserve ID: 3667132 Date Established: December 03, 2007 WWW:http://www.gcbaz.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 462762 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: December 03, 2007 Last Structure Change Effective Date: January 20, 2010 Last Structure Change Process Date: January 20, 2010 Last Data Update: January 20, 2010 Data Source Date: April 05, 2012
Location
Address: 6860 East Warner Road, Mesa, AZ 85212 County: Maricopa Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Phoenix Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Phoenix-Mesa, AZ (#6200) Core Based Statistical Area (CBSA): Phoenix-Mesa-Glendale, AZ (#38060) CBSA Metro Statistical Area: Phoenix-Mesa-Glendale, AZ (#38060)
History of Changes
Change in Location
Financial Summary
Total assets: $78.9 mil Equity capital: $12.3 mil Deposits held in domestic offices: $66.5 mil Return on assets (ROA): 0.83% ($0.7 mil) Quarterly return on assets: 0.54% ($0.4 mil) Return on Equity (ROE): 5.40% ($0.6 mil) Quarterly return on equity: 3.39% ($0.4 mil) Net income: $0.6 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.83% ($654.9 mil) Quarterly Pretax return on assets: 0.54% ($426.1 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
12Total employees (full-time equivalent)
$78,904Total assets
$8,208Cash and due from depository institutions
$1,229Interest-bearing balances
$26,771Securities
$0Federal funds sold & reverse repurchase agreements
$39,060Net loans & leases
$368Loan loss allowance
$0Trading account assets
$2,417Bank premises and fixed assets
$1,462Other real estate owned
$0Goodwill and other intangibles
$78,904Life insurance assets
$986All other assets
$66,629Total liabilities and capital
$66,507Total liabilities
$58,909Total deposits
$66,507Interest-bearing deposits
$88Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$122Subordinated debt
$12,275All other liabilities
$12,275Total equity capital
$12,275Total bank equity capital
$0Perpetual preferred stock
$12,361Common stock
$443Surplus
$-529Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$104Income earned, not collected on loans
$0Earning assets
$248Long-term assets (5+ years)
$67,060Average Assets, year-to-date
$39,900Average Assets, quarterly
$75,005Volatile liabilities
$77,137Insider loans
$50,430FHLB advances
$77,254Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$11,781Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$7,506Restructured Loans and leases
$691Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,958Total interest income
$586Total interest expense
$2,372Net interest income
$103Provision for loan and lease losses
$48Total noninterest income
$0Fiduciary activities
$21Service charges on deposit accounts
$0Trading account gains & fees
$27Additional noninterest income
$1,753Total noninterest expense
$962Salaries and employee benefits
$239Premises and equipment expense
$552Additional noninterest expense
$564Pre-tax net operating income
$60Securities gains (losses)
$0Applicable income taxes
$624Income before extraordinary items
$0Extraordinary gains - net
$624Net income attributable to bank
$0Net charge-offs
$624Cash dividends
$36Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.56%Yield on earning assets
0.90%Cost of funding earning assets
3.66%Net interest margin
0.07%Noninterest income to earning assets
2.70%Noninterest expense to earning assets
0.75%Net operating income to assets
0.83%Return on assets (ROA)
0.83%Pretax return on assets
5.40%Return on equity (ROE)
5.40%Retained earnings to average equity (YTD only)
0.10%Net charge-offs to loans
286.11%Credit loss provision to net charge-offs
18.53%Efficiency ratio
72,438Assets per employee
6.58%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.93%Loss allowance to noncurrent loans
353.85%Noncurrent assets plus other real estate owned to assets
1.98%Noncurrent loans to loans
0.26%Net loans and leases to deposits
58.73%Net loans and leases to core deposits
60.68%Equity capital to assets
15.56%Core capital (leverage) ratio
15.25%Tier 1 risk-based capital ratio
23.36%Total risk-based capital ratio
Memoranda
$24Average assets
$75,005Average earning assets
$11,556Average equity
$64,806Average loans
List of branches
1 Arizona Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
462762
Gateway Commercial Bank
6860 East Warner Road, Mesa, AZ 85212
December 03, 2007
Full Service Brick and Mortar
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