Gateway First Bank
Jenks, Oklahoma · FDIC Cert #15118
Gateway First Bank is an FDIC-insured bank (Certificate #15118) with $2.0B in total assets and $1.2B in total deposits as of the Q2 2024 Call Report. Headquartered in Jenks, Oklahoma, the bank maintains a Tier 1 capital ratio of 13.30% (Well-Capitalized) and a nonperforming loan ratio of 2.87%. BankHealthData assigns a composite Health Grade of C (64/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Gateway First Bank (FDIC cert 15118) is a mid-sized bank with $2.0B in total assets and $1.2B in deposits, based in Jenks, Oklahoma. Mid-sized banks typically operate regionally with a mix of commercial and consumer lending.
Capital position is strong: Tier 1 capital ratio of 13.30% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is elevated: non-performing loan ratio of 2.87% runs above 2%, suggesting the loan book carries more credit risk than peer banks. Elevated NPL can reflect specific portfolio concentrations or broader credit-cycle pressure. Liquidity is in the normal range: 16.7% liquid assets relative to total assets — adequate for standard operating needs and routine deposit outflows.
Profitability is strong: return on assets of 1.65% is well above the 1.0% benchmark most analysts use as the threshold for a healthy bank. Strong ROA usually reflects disciplined cost management, healthy net interest margins, or both. Health-score trend is improving: the bank's composite score is up materially over the most recent quarters in the dataset. Improving trends usually reflect either capital strengthening, asset-quality recovery, or sustained profitability gains. Gateway First Bank carries a composite BankHealth grade of C (64/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Gateway First Bank
- Total Assets
- $2.0B
- Total Deposits
- $1.2B
- Tier 1 Capital Ratio
- 13.30%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 2.87%
- Liquidity Ratio
- 16.73%
- Return on Assets
- 1.65%
- Headquarters
- Jenks, Oklahoma
- FDIC Certificate
- #15118
- Health Grade
- C (64/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Gateway First Bank holds a Tier 1 capital ratio of 13.30%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Gateway First Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Gateway First Bank shows average financial health. While not alarming, its Health Score of 64/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Gateway First Bank Compares
Gateway First Bank’s Health Score of 64 is 0 points above the Oklahoma state average of 64 across 141 FDIC-insured banks. Its 13.30% Tier 1 capital ratio is 0.7 points below the US banking industry average near 14%. The 2.87% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 1.65% is in line with or above the national ROA benchmark of ~1.1%. Among 621 similarly-sized banks, the average Health Score is 72, meaning this bank ranks below its size cohort. Site-wide, Gateway First Bank is 6 points below the portfolio average of 70.
Frequently Asked Questions
Gateway First Bank has a Bank Health Score of C (64/100), placing it in average financial health. It holds a Tier 1 capital ratio of 13.30%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Gateway First Bank's Tier 1 capital ratio of 13.30% and nonperforming loan ratio of 2.87% indicate an average risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Gateway First Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #15118). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Gateway First Bank holds $2.0B in total assets and $1.2B in total deposits. It is headquartered in Jenks, Oklahoma (FDIC Certificate #15118).
Gateway First Bank has a Tier 1 capital ratio of 13.30%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 2.87%, and the return on assets is 1.65%.
Yes. Gateway First Bank is FDIC-insured (Certificate #15118). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An C grade on our Bank Health Score means 55-69/100 — average across capital, loan quality, and profitability. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Gateway First Bank's metrics are around average for the industry. There's no urgent action needed for FDIC-insured deposits, but it's worth monitoring quarterly updates. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.