# GATEWAY STATE BANK
CLINTON, IA · FDIC certificate 9293 · asset band <$300M · latest filing 2018-12 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. Composite score 0 (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 | $157.9M | |
| Deposits | $126.5M | |
| Loans and leases | $100.9M | |
| Total equity | $17.0M | |
| Loans / deposits | 79.14% (p53 of band) | 77.51% |
| Liquid assets / assets | 32.69% (p56 of band) | |
| Uninsured deposits / deposits | 23.05% (p75 of band) | 15.78% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 8.60% (p79 of band) | |
| FHLB advances / assets | 5.13% | |
| Tier 1 leverage | 9.96% (p28 of band) | 11.30% |
| Unrealized securities loss / equity | -2.86% (p37 of band) | -1.85% |
| AOCI / equity | -1.38% (p36 of band) | |
| ROA (annualized) | 0.68% (p27 of band) | 0.99% |
| Net interest margin | 2.84% (p9 of band) | 3.82% |
| Efficiency ratio | 68.51% (p47 of band) | |
| Noncurrent loans | 0.30% (p39 of band) | 0.53% |
| Net charge-offs (annualized) | 0.14% (p83 of band) | |
| Reserve coverage of noncurrent | 264.24% | |
| Real estate % of loans | 68% | |
| Construction % of loans | 13.60% (p44 of band) | |
| Auto loans | $2.9M (2.89% of loans; DQ 1.51%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 0.4% | |
| Employees | 28 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 0 |  | reserve under noncurrent |
| 2011-12 | 0 |  |  |
| 2012-03 | 1 | reserve under noncurrent |  |
| 2012-06 | 1 | uninsured deposits leaving | reserve under noncurrent |
| 2012-09 | 0 |  | uninsured deposits leaving |
| 2012-12 | 1 | reserve under noncurrent |  |
| 2013-03 | 0 |  | reserve under noncurrent |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 1 | wholesale funding >15% |  |
| 2014-03 | 1 | charge-offs p90 | wholesale funding >15% |
| 2014-06 | 0 |  | charge-offs p90 |
| 2014-09 | 2 | wholesale funding >15%, reserve under noncurrent |  |
| 2014-12 | 1 |  | wholesale funding >15% |
| 2015-03 | 2 | capital falling |  |
| 2015-06 | 4 | wholesale funding >15%, charge-offs p90, deposits shrinking, uninsured deposits leaving | reserve under noncurrent, capital falling |
| 2015-09 | 1 |  | wholesale funding >15%, deposits shrinking, uninsured deposits leaving |
| 2015-12 | 0 |  | charge-offs p90 |
| 2016-03 | 0 |  |  |
| 2016-06 | 1 | reserve under noncurrent |  |
| 2016-09 | 2 | wholesale funding >15% |  |
| 2016-12 | 0 |  | reserve under noncurrent, wholesale funding >15% |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 1 | charge-offs p90 |  |
| 2017-12 | 0 |  | charge-offs p90 |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |

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

- 2019-01-08 [Gateway State Bank and First Central State Bank to merge - Clinton Herald](https://news.google.com/rss/articles/CBMi5wFBVV95cUxPTl9rRlFqU2FZZ0traWhsOFNqMlhxZlJTblAyZUxkX3RlblB6Q3VzX3VEaXZNc1pleVVLc2RPTEM1YmNpak5KOVc1VnFVZ1BnX3Jpa09fazA1VDkwdnNKZzQ2UUxqZVBQR1poMTJVNW9ycVlONUlTeWVJcnFoVXpkbTg4VFBDNVd4SXhPNVFZNWlmeDFWZTFhbmxxcno2d0dsSmJta25DYV9DV3VhS3JuQVpiaThfMTQ3bHpqWUtPdDFZSzJqUUZqd2VOUTJQRm5RbzVfTDdPdVpfekU5Z2dhdkJ3RkExMkE?oc=5) · Clinton Herald
- 2019-02-14 [First Central merges with Clinton's Gateway State Bank - North Scott Press](https://news.google.com/rss/articles/CBMioAFBVV95cUxPNFd0RmdBd0NQb1lONHN3d3VNbkVRMkNsNjVaRnpDRkdpU3lfOHBrWldIR1dHSVpycFhDc2hqY0p0YW52b1M2Yk83aWplZDNmS1dmZzFkTXgtZ1NLODZKV2FBbGVkNzBfdm8zV1N1N3lFeUF3LUlOOUdTYjFJRUZlUzV2bUowdnFwWEdjaWZ2OFpiVnl4am5BWlFqZGtLb05W?oc=5) · North Scott Press
- 2025-12-24 [Obituary for Wayne Williams - Schultz Funeral Homes](https://news.google.com/rss/articles/CBMia0FVX3lxTE13TUFGNkdGYi1zeDAxaEdtV21JRHpSZVpZSVYyZFNfUmRaaThmRnRSZnRzTW4wV1l2SXE4Y3pBMnltZG5pUFgtSV9fa1lZZEowNjZza2YtN2RrQUxqWllNeGxPd1o0Z1RBR0tr?oc=5) · Schultz Funeral Homes
- 2022-04-29 [Converted bank with its own vault goes on sale for $112,000 - Metro.co.uk](https://news.google.com/rss/articles/CBMinwFBVV95cUxPWTE5d0tFRDZHcTY2T0VibThMWF9lZXljbVA5WXhhbEc0eTRDWnpUSFJET3lTZHVFel9SOVl0Ykd6elJ2NnpSSDhtcVB6UzNicVNxS3poNVRDLUc0cFhHa1FCeGtMWjJVU2RwSWNLN2p5QXdPeFAtOGFiQzExbkRTQmxNS1BFVV9rdE1Ca1Zud3hhbnFybUhodUFsVlFlX0nSAaQBQVVfeXFMTU1vcDRQVDg2a3oySW1GZVZ6NHNOTVVCNi1sX0RCQ2ZuZ2tEbkEzSHpXcTZ6WC1qTFlFRURrazd3U0lVNEJiSUNMOGRxaWZnOWxFWXF5am5ZcldLTGJBRXk1bkx2MndTZ2E2UUhlWEw5ZkJ2TjE4UzBNbEtac2VmNnN1enhZVVVBcFVRWXlfUVItd3ZVZmNEbXBEX3RvYUoxQ0ZpZzM?oc=5) · Metro.co.uk
- 2010-09-17 [Obituary information for Edward L. "Ed" Tubbs - Carson Celebration of Life Center](https://news.google.com/rss/articles/CBMie0FVX3lxTFA0YmJlREtpY0hYamliUnNfTUxtZDd0NTZEY2lYeXlTa0lsRkN3cnVUMFpLc0NmLXdEUmpuclB0RzdTTkZ3SzBRQUs5eTI2WFM4em9tYmdfM0NuVmFHakJlZVJzakVjbG9HMjkxOGExb042U3d3dDBvVzFVUQ?oc=5) · Carson Celebration of Life Center
- 2010-08-18 [Obituary information for Krista L. Grant - Carson Celebration of Life Center](https://news.google.com/rss/articles/CBMid0FVX3lxTE5zRE0zTmtEb0NoeE1mcng2ZFNKOG41V0FKQlVRbVJBalNFSG94SDdJajQ3N3BCQW5RUGt2aUlKcVBLZmNTWXk2OEJ1V0pfYTYxVG5fZW5xYlhlaGF6bjZJRTdYNldGWmN4VEp3dWgtWjR3Y0tIU3RR?oc=5) · Carson Celebration of Life Center
- 2013-05-22 [Norma Edwards, 78 - SILive.com](https://news.google.com/rss/articles/CBMicEFVX3lxTE5qeGdpdzc5eExCXzNmZDhHcXI2RTU5b045OU1qYnFBUXkwLTJlUWw3TFBCc2NHTmtXSWM4LTZJcDBwYUpYdElEQVEzU0QtT0h1NXlnU1NIVElERzFvNnpJLUJUQnNrRXVuQ0xBMGYydmc?oc=5) · SILive.com
- 2017-12-26 [Obituary for Carole L. (Ketelsen) Eberhart - Schultz Funeral Homes](https://news.google.com/rss/articles/CBMibEFVX3lxTE1qajMwTVZiWmlsZFZ5di1UQ0JoWjhVajNGQ0hMT1ZuWWZVWmJjeDVycUFUMDduWll4NFpTSWNGMEoxTVhvQm8yQjdjUGlJN1RQTXlOSlNaVnM3TjE1bUtWTGNRd2tSOV8zdGpkTg?oc=5) · Schultz Funeral Homes

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=9293 (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/13.json (key "9293", 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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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide