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Gateway Bank

Mendota Heights, MN · Cert 57644 · Gateway Bcorp Inc.

State charter, non-member · FDIC · 2 branches

Q2 2026

$319.5MAssets
$226.2MLoans
$269.7MDeposits
$46.2MEquity
Loan mix
73%RE $168.4M25%C&I $57.6M1%Consumer $3.1MQ2 2025Q2 2026
Deposit mix
79%Interest-bearing $211.9M21%Noninterest $57.8MQ2 2025Q2 2026

NIM

5.52%Q2 ’245.42%Q2 ’255.14%Q2 ’26-4%+16%

Non-interest income vs. expense

2.29%Q2 ’242.13%Q2 ’252.51%Q2 ’26-7%+13%

Market Position · Minneapolis-St. Paul-Bloomington, MN-WI · 2026 SOD (annual) · 0.1% share · #56 of 125 inst. · $0.3B of $253.2B

2.5% Dakota
0.0% Hennepin

Executive Summary

  • Earnings: ROA of 1.08%, down 5 bps year over year; NIM at 3.85%.
  • Asset quality: problem loans at 0.00% of loans (-1 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 8.39%, down 196 bps from a year ago.
  • Funding: loans stand at 83.87% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.08%-5 bps YoY

Net Interest Margin (YTD, annualized)

3.85%+54 bps YoY

Efficiency Ratio (YTD, annualized)

65.70%+330 bps YoY

Tier 1 Leverage Ratio

8.39%-196 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.13%1.14%1.18%0.32%1.08%-5 bps
Return on Equity10.91%11.09%11.42%3.29%9.60%-132 bps
Net Interest Margin3.31%3.32%3.40%3.47%3.85%+54 bps
Efficiency Ratio62.40%61.06%59.84%88.62%65.70%+330 bps
Non-Interest Burden2.03%1.99%1.99%3.06%2.30%+27 bps
Growth
Asset Growth (YoY)11.96%12.88%9.65%7.27%9.73%-223 bps
Loan Growth (YoY)9.72%7.07%4.13%2.86%0.58%-913 bps
Deposit Growth (YoY)11.48%12.71%8.86%9.44%4.98%-651 bps
Asset Quality
Nonperforming Loans / Loans0.01%0.02%0.01%0.01%0.00%-1 bps
Net Charge-Offs / Loans0.00%0.01%0.00%0.00%0.00%0 bps
Allowance / Loans1.25%1.23%1.22%1.21%1.23%-2 bps
Allowance Coverage of NPLs94.0x58.1x126.9x214.7x558.2x+464.2x
Capital
Tier 1 Leverage Ratio10.34%10.31%10.64%8.88%8.39%-196 bps
Total Risk-Based Capital15.02%14.98%15.41%13.22%12.54%-248 bps
Equity / Assets10.33%10.22%10.57%8.62%14.46%+413 bps
Liquidity & Funding
Loans / Deposits87.53%85.36%86.89%81.39%83.87%-366 bps
Liquid Assets / Assets14.77%16.71%16.50%18.69%15.04%+26 bps
CRE / Total Capitaln/a282%264%314%n/an/a