# GATEWAY BANK&TRUST
RINGGOLD, GA · FDIC certificate 34239 · asset band <$300M · latest filing 2012-06 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 4 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $249.0M | |
| Deposits | $217.1M | |
| Loans and leases | $140.3M | |
| Total equity | $23.9M | |
| Loans / deposits | 64.23% (p40 of band) | 69.17% |
| Liquid assets / assets | 36.67% (p54 of band) | |
| Uninsured deposits / deposits | 11.01% (p64 of band) | 8.28% |
| Brokered deposits | 0.46% | |
| Wholesale funding | 2.21% (p52 of band) | |
| FHLB advances / assets | 0.80% | |
| Tier 1 leverage | 8.82% (p27 of band) | 10.02% |
| Unrealized securities loss / equity | 1.76% (p36 of band) | 3.21% |
| AOCI / equity | 1.09% (p83 of band) | |
| ROA (annualized) | 0.43% (p28 of band) | 0.78% |
| Net interest margin | 2.40% (p5 of band) | 3.76% |
| Efficiency ratio | 46.51% (p5 of band) | |
| Noncurrent loans | 2.52% (p69 of band) | 1.31% |
| Net charge-offs (annualized) | -0.03% (p8 of band) | |
| Reserve coverage of noncurrent | 23.69% | |
| Real estate % of loans | 87% | |
| Construction % of loans | 62.74% (p86 of band) | |
| Auto loans | $176,000 (0.13% of loans; DQ 2.27%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -8.6% | |
| Employees | 54 | |

## Flags firing in the latest filing

- **NIM <2.5%** (`earn_nim`)
- **reserve under noncurrent** (`aq_reserve`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 3 | noncurrent p90, charge-offs p90 |  |
| 2011-09 | 4 | capital falling, losing money | noncurrent p90 |
| 2011-12 | 4 |  |  |
| 2012-03 | 5 | deposits shrinking, assets shrinking | reserve under noncurrent |
| 2012-06 | 4 | NIM <2.5%, reserve under noncurrent | charge-offs p90, capital falling, losing money |

## In the news (Google News, unfiltered, newest first; check the city)

- nothing found for that search

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=34239 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/63.json (key "34239", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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