Vitals
  • Total Assets
    489.4M 12.3 %
  • Total Deposits
    421.3M 11.4 %
  • Total Net Loans
    394.3M 21.6 %
  • Net Income
    7.6M 17.8 %
  • Book Value
    50.8M 10.3 %
  • Book Value x2
    101.6M 10.3 %
  • Book Value x3
    152.4M 10.3 %
ROAA

1.662

ROAE

15.646

Efficiency Ratio

69.729

Net Interest Margin

4.474

Balance Sheet Highlights
Financial Highlights West Gate Bank All Insured Commercial Banks in Nebraska
Balance Sheet $(000)
Total Assets 489,376 170,284
Total Net Loans 394,261 117,277
Total Deposits 421,334 137,686
Total Equity 50,791 18,945
Profitability
Net Income 7,633 1,911
Return on Average Assets 1.662 1.018
Return on Average Equity 15.646 9.028
Net Interest Margin 4.474 3.761
Efficiency Ratio 69.729 64.484
Noninterest Income/Revenue 42.069 12.891
Balance Sheet Ratios
Loan-to-Deposit 93.575 83.61
Securities/Assets .096 .163
Total Equity/Total Assets .104 .111
Tangible Equity/Tangible Assets .086 .107
Capital Adequacy
Tier 1 Common Capital 48,613 18,124
Tier 1 Capital 48,613 18,269
Tier 2 Capital 4,384 1,473
Total Capital 52,997 19,774
Total Risk Weighted Assets 390,202 134,666
Leverage Ratio 10.37 11.078
Common Equity Tier 1 Capital Ratio 12.46 14.674
Tier 1 Capital Ratio 12.46 14.698
Total Capital Ratio 13.58 15.794

Timeline for West Gate Bank

South Ridge Bank, Inc.

Acquisition: West Gate Bank acquired a new subsidiary, South Ridge Bank, Inc., 35 years

View Profile Sep 26 1988

West Gate Banshares, Inc.

West Gate Banshares, Inc. became a new parent organization for West Gate Bank.

View Profile Apr 13 1981

Commonwealth Company, The

Commonwealth Company, The became a new parent organization for West Gate Bank.

View Profile Dec 31 1970

West Gate Bank

West Gate Bank was established 55 years ago and is currently headquartered in Lincoln, NE.

Sep 03 1968
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
South Ridge Bank, Inc. Seller 9,778 Discontinued 9/26/1988
Relationships Role Relationship Start Relationship End
West Gate Banshares, Inc. Parent 5/26/1998
West Gate Banshares, Inc. Parent 10/4/1991 5/25/1998
West Gate Banshares, Inc. Parent 12/1/1990 10/3/1991
West Gate Banshares, Inc. Parent 4/13/1981 11/30/1990
Commonwealth Company, The Parent 12/31/1970 6/30/1972
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