Gateway First Bank
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Gateway First Bank is an FDIC insured institution headquartered at
244 S Gateway Pl, Jenks, OK 74037.
It was founded in
1935 and has approximately $2 billion in
assets. Customers can open an account at one of its 7 branches.
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Overview 2024
General Bank Information
FDIC Insured | Yes |
FDIC Certificate | # 15118 |
Date Established | 1935 |
Assets | $ 2.11 billion |
Loans | $ 1,498.52 million |
Deposits | $ 1,065.43 million |
Capital | $ 271.42 million |
Summary Balance Sheet as of June 30, 2023
ASSETS | |
Cash & Balances due from depository institutions | $ 231.35 million |
Interest-bearing balances | $ 223.79 million |
Total securities | $ 91.73 million |
Federal funds sold and reverse repurchase | $ 0.16 million |
Net loans and leases | $ 1,498.52 million |
Loan loss allowance | $ 17.57 million |
Trading account assets | N.A. |
Bank premises and fixed assets | N.A. |
Other real estate owned | $ 0.97 million |
Goodwill and other intangibles | $ 149.82 million |
All other assets | $ 90.08 million |
Total Assets | $ 1,842.05 million |
LIABILITIES | |
Total deposits | $ 1,065.43 million |
Interest-bearing deposits | $ 762.49 million |
Deposits held in domestic offices | $ 1,065.43 million |
% insured (estimated) | 76.58% |
Federal funds purchased and repurchase agreements | N.A. |
Trading liabilities | N.A. |
Other borrowed funds | $ 470.03 million |
Subordinated debt | N.A. |
All other liabilities | $ 146.81 millionn |
Total Liabilities | $ 1,842.05 million |
Shareholders’ Equity | $ 271.42 million |
Summary Income Statement as of June 30, 2023
INCOME AND EXPENSES | |
Total Interest Income | $ 94.32 million |
Total Interest Expense | $ 45.40 million |
Net interest income | $ 48.92 million |
Provision for loan and lease losses | $ 2.60 million |
Total non interest income | $ 90.32 million |
Total non interest expense | $ 150.36 million |
Pre-tax Net Operating Income | $ 13.72 million |
*Should any logos, images or public notes appear on this page,they do so courtesy of Gateway First Bank and are not subject to approval of RatesAndInfo.com. RatesAndInfo.com expressly disclaims all responsibility for this content.
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