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Gateway Bank of Southwest Florida

Sarasota, FL · Cert 58725

FDIC · 3 branches

Q1 2017

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2017, the quarter ended March 31, 2017, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Gateway Bank of Southwest Florida

Sarasota, FL · Cert 58725

FDIC · 3 branches

Q1 2017

$309.4MAssets
$218.1MLoans
$269.4MDeposits
$27.5MEquity
Loan mix
90%RE $133.9M10%C&I $14.3M1%Consumer $0.9MQ1 2016Q1 2017
Deposit mix
71%Interest-bearing $191.9M29%Noninterest $77.5MQ1 2016Q1 2017

NIM

3.79%Q1 ’153.74%Q1 ’163.84%Q1 ’17-2%+8%

Non-interest income vs. expense

2.91%Q1 ’152.60%Q1 ’162.39%Q1 ’17+5%-20%

Market Position · North Port-Sarasota-Bradenton, FL · 2016 SOD (annual) · 1.3% share · #17 of 40 inst. · $0.3B of $19.3B

1.8% Sarasota
0.3% Manatee

Executive Summary

  • Earnings: ROA of 1.02%, up 9 bps year over year; NIM at 3.46%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 9.12%, down 42 bps from a year ago.
  • Funding: loans stand at 80.95% of deposits as of Q1 2017.

Financial Results

Return on Assets (YTD, annualized)

1.02%+9 bps YoY

Net Interest Margin (YTD, annualized)

3.46%+25 bps YoY

Efficiency Ratio (YTD, annualized)

59.37%-1,403 bps YoY

Tier 1 Leverage Ratio

9.12%-42 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2016Q2 2016Q3 2016Q4 2016Q1 2017YoY ΔTrend
Earnings
Return on Assets0.93%0.84%0.85%0.89%1.02%+9 bps
Return on Equity10.14%9.31%9.35%9.84%11.59%+144 bps
Net Interest Margin3.21%3.06%3.11%3.12%3.46%+25 bps
Efficiency Ratio73.40%70.97%67.82%65.90%59.37%-1,403 bps
Non-Interest Burden2.26%2.03%1.93%1.86%1.82%-45 bps
Growth
Asset Growth (YoY)17.30%26.54%18.12%12.54%10.64%-665 bps
Loan Growth (YoY)43.97%42.83%19.90%15.29%12.16%-3,181 bps
Deposit Growth (YoY)17.91%19.69%12.06%8.72%6.82%-1,110 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans0.91%0.85%0.95%0.96%0.93%+2 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio9.54%9.05%9.04%9.11%9.12%-42 bps
Total Risk-Based Capital13.34%12.32%12.85%13.57%13.93%+60 bps
Equity / Assets9.30%8.74%9.12%8.79%8.89%-40 bps
Liquidity & Funding
Loans / Deposits77.09%80.37%81.40%78.39%80.95%+386 bps
Liquid Assets / Assets6.66%7.04%5.49%4.25%2.50%-416 bps
CRE / Total Capitaln/an/an/an/an/an/an/a