Institution Statistics
| Gateway Bank of Central Florida | | FDIC Certificate # | 58506 | | BankRate Report | View | | Year Established | 2007 | | Employees | 38 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $180.47 million | | Loans | $117.38 million | | Deposits | $143.48 million | | Equity Capital | $17.71 million | | Loan Loss Allowance | $3.43 million | | Unbacked Noncurrent Loans | $3.35 million | | Real Estate Owned | $5.81 million |
Historic Data - March 2011 | | Assets | $197.33 million | | Equity Capital | $17.28 million | | Loan Loss Allowance | $3.64 million | | Unbacked Noncurrent Loans | $7.17 million | | Real Estate Owned | $2.21 million |
Profit Margin - Quarterly | | Net Interest Margin | 4.13% | | Return on Assets | 0.43% | | Return on Equity | 4.45% | | Interest Income | $1.99 million |
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Institution Health
Overall Score:
2 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 Gateway Bank of Central Florida had $9.16 million in non-current loans and owned real-estate with $21.14 million in equity and loan loss allowances on hand to cover it. This gives Gateway Bank of Central Florida a Texas Ratio of 43.32% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for Gateway Bank of Central Florida held steady from 44.79% as of March 31, 2011 to 43.32% as of March 31, 2012, resulting in a positive change of 3.27%.This indicates that the balance sheet and financial strength for Gateway Bank of Central Florida has held steady in recent periods. | | Deposit Growth |  | | In the past year, Gateway Bank of Central Florida has decreased its total deposits by -$15.5 million, resulting in -9.75% 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 Gateway Bank of Central Florida 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. Gateway Bank of Central Florida has $180.46 million in assets with $21.14 million in equity, resulting in a capitalization level of 11.71%, which is above average. |
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Average User Rating:
Best, Most Customer-Service Oriented Bank We Have Ever Encountered
Gateway Bank of Central Florida is the best bank we have ever encountered in every way: superior customer service, consistent courtesy and friendliness, excellent website, and efficient financial operations. For that reason, we have moved all our liquid assets to Gateway, including all our IRA's. When our long-term CD's mature, we'll be moving those as well. The knowledgeable staff and the superior service make it very easy to be Gateway customers. Thank you to Gateway...you have earned our loyalty!