Gateway Commercial Bank

6860 East Warner Road
Mesa, AZ 85212
480.358.1000
www.gcbaz.com

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Gateway Commercial Bank is headquartered in Mesa and is the 22^nd largest bank in the state of Arizona. It is also the 5,418^st largest bank in the nation. It was established in 2007 and as of March of 2012, it had grown to 14 employees at 1 location. Gateway Commercial Bank has a 4-star health rating.

2.50% 12-Month CD &amp 1.75% Savings Account at Gateway Commercial Bank in AZ - Local Only - 6/16/2009

Update 7/19/09: The 12-month CD rate has fallen to 2.35% APY. Please check the bank's website for the latest rates.Gateway Commercial Bank has some competitive CD rates. These include a 2.50% APY 12-month CD, a 2.75% APY 24-month CD and a 3.00% APY...

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See Rates for: Checking | Savings | Money Market | CD | IRA

Gateway Commercial Bank Checking Account Rates

	Apy	Min	Max	Product
	0.25%	-	-	Charter NOW Account

Gateway Commercial Bank Savings Account Rates

	Apy	Min	Max	Product
	0.30%	-	-	Charter Savings Account

Gateway Commercial Bank Money Market Rates

	Apy	Min	Max	Product
	0.75%	$100k	-	Money Market Account

Gateway Commercial Bank CD Rates

Apy	Min	Max	Product
1.30%	$1k	-	36 Month Maximizer CD
1.00%	$1k	-	24 Month Maximizer CD
0.75%	$1k	-	12 Month Maximizer CD
0.50%	$1k	-	6 Month CD
0.35%	$1k	-	90 Day CD

Gateway Commercial Bank IRA Rates

Apy	Min	Max	Product
1.30%	$1k	-	36 Month Maximizer IRA
1.00%	$1k	-	24 Month Maximizer IRA
0.75%	$1k	-	12 Month Maximizer IRA
0.50%	$1k	-	6 Month IRA

Rates updated: 5/25/2012

Data for Q1 2012

Institution Statistics

Gateway Commercial Bank
FDIC Certificate #	58678
BankRate Report	View
Year Established	2007
Employees	14
Primary Regulator	FDIC
Assets and Liabilities
Assets	$82.26 million
Loans	$41.52 million
Deposits	$69.70 million
Equity Capital	$12.43 million
Loan Loss Allowance	$368,000
Unbacked Noncurrent Loans	$104,000
Real Estate Owned	$1.46 million
Historic Data - March 2011
Assets	$72.96 million
Equity Capital	$10.91 million
Loan Loss Allowance	$306,000
Real Estate Owned	$428,000
Profit Margin - Quarterly
Net Interest Margin	3.74%
Return on Assets	1.04%
Return on Equity	6.77%
Interest Income	$793,000

Institution Health

Overall Score:

4 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 Commercial Bank had $1.57 million in non-current loans and owned real-estate with $12.8 million in equity and loan loss allowances on hand to cover it. This gives Gateway Commercial Bank a Texas Ratio of 12.23% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Gateway Commercial Bank increased slightly from 3.82% as of March 31, 2011 to 12.23% as of March 31, 2012, resulting in a negative change of 220.50%. This indicates that the balance sheet and financial strength for Gateway Commercial Bank has declined slightly in recent periods.
Deposit Growth
In the past year, Gateway Commercial Bank has increased its total deposits by $7.76 million, resulting in 12.54% 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 Commercial Bank 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 Commercial Bank has $82.26 million in assets with $12.8 million in equity, resulting in a capitalization level of 15.56%, which is excellent.