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West Gate Bank
West Gate Bank
RSSD ID 207050 | CERTIFICATE 19850 | ABA NUMBER 104901584 |
6003 Old Cheney Rd |
Quarter Ended : |
2025-03-31 |
Lincoln, Nebraska, 68516 |
Updated : |
2025-05-07 |
my.westgate.bank |
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Institution Profile |
Year Opened : |
1968 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FDIC |
Member Federal Reserve : |
No |
S-Corp : |
No |
Fiduciary Powers : |
No |
Powers Exercised : |
No |
Filing Type : |
041 |
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Specialization : |
Commercial Lending Specialization |
Number of Offices : |
10 |
Number of Employees : |
218 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 1,263,160 |
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Total Interest Income | 16,317 |
Total Liabilities | 1,128,933 |
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Total NonInterest Income | 4,066 |
Total Bank Equity Capital | 134,227 |
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Total Interest Expense | 7,159 |
Total Deposits | 1,061,521 |
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Total NonInterest Expense | 9,908 |
Net Loans & Leases | 859,097 |
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Net Income | 2,901 |
Loan Loss Allowance | 9,930 |
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Net Charge Offs | 11 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Community Bank Leverage Ratio | Yes |
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Total loans | 935,143 |
Total assets for the leverage ratio | 1,283,176 |
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Loans secured by real estate: | 817,403 |
Tier 1 Leverage Ratio | 11.94 |
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Commercial and industrial loans | 80,070 |
Off Balance Sheet Exposures (%) | 0.47 |
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Loans to individuals - Credit Cards | 0 |
Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 279 |
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