Gateway Bank of Southwest Florida

Gateway Bank of Southwest Florida is headquartered in Sarasota and is the 143^rd largest bank in the state of Florida. It is also the 3,452^nd largest bank in the nation. It was established in 2008 and as of September of 2011, it had grown to 39 employees at 4 locations. Gateway Bank of Southwest Florida has a 5-star health rating.

Gateway Bank of Southwest Florida Routing Number: 063116517

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Data for Q3 2011

Institution Statistics Gateway Bank of Southwest Florida FDIC Certificate # 58725 BankRate Report View Year Established 2008 Employees 39 Primary Regulator FDIC Assets and Liabilities Assets $174.67 million Loans $83.23 million Deposits $145.98 million Equity Capital $17.05 million Loan Loss Allowance $1.83 million Unbacked Noncurrent Loans $1.14 million Historic Data - September 2010 Assets $146.97 million Equity Capital $16.57 million Loan Loss Allowance $1.18 million Profit Margin - Quarterly Net Interest Margin 3.74% Return on Assets 0.37% Return on Equity 3.96% Interest Income $5.52 million

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 September 30, 2011 Gateway Bank of Southwest Florida had $1.14 million in non-current loans and owned real-estate with $18.88 million in equity and loan loss allowances on hand to cover it. This gives Gateway Bank of Southwest Florida a Texas Ratio of 6.01% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Deposit Growth In the past year, Gateway Bank of Southwest Florida has increased its total deposits by $21.31 million, resulting in 17.09% 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 Southwest Florida has shown is excellent. 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 Southwest Florida has $174.66 million in assets with $18.88 million in equity, resulting in a capitalization level of 10.81%, which is above average.

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