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 Gate City Bank
Gate City Bank
| RSSD ID 657271 | CERTIFICATE 27774 | ABA NUMBER 291370918 |
| 500 2nd Ave N |
Quarter Ended : |
2025-03-31 |
| Fargo, North Dakota, 58102 |
Updated : |
2025-04-30 |
| www.gatecity.bank |
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| Institution Profile |
| Year Opened : |
1923 |
Institution Type : |
Savings bank |
| Entity Type : |
Federal |
Federal Regulator : |
OCC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
041 |
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| Specialization : |
Consumer Lending Specialization |
| Number of Offices : |
46 |
Number of Employees : |
664 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 3,810,682 |
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Total Interest Income | 40,471 |
| Total Liabilities | 3,478,048 |
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Total NonInterest Income | 15,057 |
| Total Bank Equity Capital | 332,634 |
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Total Interest Expense | 12,657 |
| Total Deposits | 3,375,906 |
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Total NonInterest Expense | 35,854 |
| Net Loans & Leases | 2,869,517 |
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Net Income | 4,126 |
| Loan Loss Allowance | 18,509 |
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Net Charge Offs | 1,130 |
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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 | 2,892,246 |
| Total assets for the leverage ratio | 3,778,042 |
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Loans secured by real estate: | 2,108,641 |
| Tier 1 Leverage Ratio | 9.51 |
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Commercial and industrial loans | 103,472 |
| Off Balance Sheet Exposures (%) | 7.49 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 678,939 |
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:· Gate City Bank
