Banks | Gate City Bank

Gate City Bank

Branches

Click on location and enter new zip number to change.
Your current location is: Virginia, Ashburn
View Branches Statewide →
View Branches Nationwide →

Gate City Bank Locations

Deposit Rates - December 2, 2021

SAVINGS RATES APY MIN MAX
Savings
0.02% $2,500 $4,999 Compare
CD RATES APY MIN MAX
12 Mo CD
0.60% $10,000 $14,999 Compare
12 Mo CD
0.60% $100,000 $199,999 Compare
24 Mo CD
0.70% $10,000 $14,999 Compare
24 Mo CD
0.70% $100,000 $199,999 Compare
30 Mo CD
0.75% $10,000 $14,999 Compare
30 Mo CD
0.75% $100,000 $199,999 Compare
36 Mo CD
0.80% $10,000 $14,999 Compare
36 Mo CD
0.80% $100,000 $199,999 Compare
48 Mo CD
0.90% $10,000 $14,999 Compare
48 Mo CD
0.90% $100,000 $199,999 Compare
60 Mo CD
1.10% $10,000 $14,999 Compare
60 Mo CD
1.10% $100,000 $199,999 Compare
MM RATES APY MIN MAX
Money Market
0.03% $2,500 $2,999 Compare
Money Market
0.03% $10,000 $14,999 Compare
Money Market
0.03% $25,000 $29,999 Compare
INT CHECKING RATES APY MIN MAX
Int Ckg
0.02% $2,500 $3,499

Overview 2021

General Bank Information

FDIC Insured Yes
FDIC Certificate # 27774
Date Established 1923
Assets $ 2.99 billion
Loans $ 2.17 billion
Deposits $ 2.60 billion
Capital $ 301.98 million

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $ 516.51 million
Interest-bearing balances $ 473.66 million
Total securities $ 191.44 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 2.17 billion
Loan loss allowance $ 15.59 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.08 million
Goodwill and other intangibles $ 19.61 million
All other assets $ 19.03 million
     Total Assets $ 2.68 billion

LIABILITIES
Total deposits $ 2.60 billion
      Interest-bearing deposits $ 2.23 billion
      Deposits held in domestic offices $ 2.60 billion
      % insured (estimated) 93.42%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 48.00 million
Subordinated debt N.A.
All other liabilities $ 34.06 millionn
      Total Liabilities $ 2.68 billion
      Shareholders’ Equity $ 301.98 million

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $ 40.98 million
Total Interest Expense $ 2.83 million
Net interest income $ 38.15 million
Provision for loan and lease losses $ 0.88 million
Total non interest income $ 31.23 million
Total non interest expense $ 54.95 million
Pre-tax Net Operating Income $ 13.55 million

Gate City Bank is an FDIC insured institution headquartered at 500 Second Avenue North, Fargo, ND 58102.
It was founded in 1923 and has approximately $3 billion in assets. Customers can open an account at one of its 37 branches.

Customer Reviews for Gate City Bank

There are currently no comments for Gate City Bank. Be the first to share your experience. Please provide comments that will help others.

Add Your Review


Rate it here →


Other Banks to Consider