Gateway Business Bank
Cerritos, CA — Non-member Bank
Acquired Aug 2012
Vitals
-
Total Assets181.4M 3.3 %
-
Total Deposits151.0M 2.0 %
-
Total Net Loans125.0M 18.0 %
-
Net Income1.4M 124.0 %
-
Book Value22.9M -1.6 %
-
Book Value x245.9M -1.6 %
-
Book Value x368.8M -1.6 %
Balance Sheet Highlights
| Financial Highlights | Gateway Business Bank | All Insured Commercial Banks in California |
| Balance Sheet $(000) | ||
| Total Assets | 181,440 | 636,618 |
| Total Net Loans | 125,008 | 388,605 |
| Total Deposits | 151,025 | 491,506 |
| Total Equity | 22,946 | 86,040 |
| Profitability | ||
| Net Income | 1,403 | 3,777 |
| Return on Average Assets | 1.533 | .672 |
| Return on Average Equity | 12.716 | 5.361 |
| Net Interest Margin | 3.111 | 4.092 |
| Efficiency Ratio | 93.034 | 75.117 |
| Noninterest Income/Revenue | 85.608 | 13.306 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 82.773 | 77.258 |
| Securities/Assets | .163 | |
| Total Equity/Total Assets | .126 | .135 |
| Tangible Equity/Tangible Assets | .119 | .128 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 22,817 | 75,227 |
| Tier 2 Capital | 1,212 | 5,682 |
| Total Capital | 24,029 | 80,893 |
| Total Risk Weighted Assets | 95,273 | 439,767 |
| Leverage Ratio | 12.51 | 11.854 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 23.95 | 16.502 |
| Total Capital Ratio | 25.22 | 17.781 |
Timeline for Gateway Business Bank
Banc Of California, National Association
Gateway Business Bank was acquired by Banc Of California, National Association 11 years
View Profile Aug 18 2012
Santa Ana Branch
Acquisition: Gateway Business Bank acquired a new subsidiary, Santa Ana Branch , 21 years
View Profile Oct 10 2002
Gateway Bancorp
Gateway Bancorp became a new parent organization for Gateway Business Bank.
View Profile Dec 01 2001
Santa Ana Branch
Santa Ana Branch became a new subsidiary organization for Gateway Business Bank.
View Profile Dec 01 2001
Gateway Business Bank
Gateway Business Bank was established 27 years ago and is currently headquartered in Cerritos, CA.
Mar 10 1997| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Banc Of California, National Association | Buyer | 11,183,023 | Acquisition | Discontinued | 8/18/2012 |
| Santa Ana Branch | Seller | Pooling of Interests | Discontinued | 10/10/2002 |
| Relationships | Role | Relationship Start | Relationship End |
| Gateway Bancorp | Parent | 12/1/2001 | 8/17/2012 |
| Santa Ana Branch | Subsidary | 12/1/2001 | 10/9/2002 |