Gates Banking and Trust Company

Gates Banking and Trust Company is headquartered in Gates and is the 179^th largest bank in the state of Tennessee. It is also the 6,651^st largest bank in the nation. It was established in 1904 and as of March of 2012, it had grown to 12 employees at 1 location. Gates Banking and Trust Company has a 5-star health rating.

Data for Q1 2012

Institution Statistics Gates Banking and Trust Company FDIC Certificate # 10306 BankRate Report View Year Established 1904 Employees 12 Primary Regulator FED Assets and Liabilities Assets $40.95 million Loans $12.46 million Deposits $34.61 million Equity Capital $4.80 million Loan Loss Allowance $308,000 Unbacked Noncurrent Loans $166,000 Historic Data - March 2011 Assets $41.69 million Equity Capital $4.33 million Loan Loss Allowance $308,000 Unbacked Noncurrent Loans $347,000 Real Estate Owned $18,000 Profit Margin - Quarterly Net Interest Margin 3.24% Return on Assets 1.04% Return on Equity 9.15% Interest Income $379,000

Institution Health Overall Score: 5 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Gates Banking and Trust Company had $166,000 in non-current loans and owned real-estate with $5.11 million in equity and loan loss allowances on hand to cover it. This gives Gates Banking and Trust Company a Texas Ratio of 3.25% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Gates Banking and Trust Company decreased significantly from 7.88% as of March 31, 2011 to 3.25% as of March 31, 2012, resulting in a positive change of 58.73%.This indicates that the balance sheet and financial strength for Gates Banking and Trust Company has improved significantly in recent periods. Deposit Growth In the past year, Gates Banking and Trust Company has decreased its total deposits by -$2.35 million, resulting in -6.37% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Gates Banking and Trust Company has shown is poor. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Gates Banking and Trust Company has $40.95 million in assets with $5.11 million in equity, resulting in a capitalization level of 12.47%, which is excellent.

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