West Gate Bank

West Gate Bank is headquartered in Lincoln and is the 28^th largest bank in the state of Nebraska. It is also the 2,033^rd largest bank in the nation. It was established in 1968 and as of March of 2012, it had grown to 105 employees at 7 locations. West Gate Bank has a 4-star health rating.

West Gate Bank Routing Number: 104901584

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Data for Q1 2012

Institution Statistics West Gate Bank FDIC Certificate # 19850 BankRate Report View Year Established 1968 Employees 105 Primary Regulator FDIC Assets and Liabilities Assets $320.20 million Loans $203.82 million Deposits $252.71 million Equity Capital $31.57 million Loan Loss Allowance $4.21 million Unbacked Noncurrent Loans $6.64 million Real Estate Owned $2.59 million Historic Data - March 2011 Assets $300.81 million Equity Capital $28.20 million Loan Loss Allowance $3.89 million Unbacked Noncurrent Loans $4.54 million Profit Margin - Quarterly Net Interest Margin 3.74% Return on Assets 1.44% Return on Equity 14.75% Interest Income $3.29 million

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 West Gate Bank had $9.23 million in non-current loans and owned real-estate with $35.78 million in equity and loan loss allowances on hand to cover it. This gives West Gate Bank a Texas Ratio of 25.79% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for West Gate Bank increased slightly from 14.16% as of March 31, 2011 to 25.79% as of March 31, 2012, resulting in a negative change of 82.13%. This indicates that the balance sheet and financial strength for West Gate Bank has declined slightly in recent periods. Deposit Growth In the past year, West Gate Bank has increased its total deposits by $15.02 million, resulting in 6.32% 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 West Gate 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. West Gate Bank has $320.2 million in assets with $35.78 million in equity, resulting in a capitalization level of 11.17%, which is above average.

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