American Gateway Bank

Headquarters

11307 Coursey Boulevard
Baton Rouge, LA 70816
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.40% →
1-Year CD N.A. 1.15% →
2-Year CD N.A. 1.26% →
5-Year CD N.A. 1.60% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

American Gateway Bank is an FDIC insured institution located in Baton Rouge, LA. It was founded in 1905 and has approximately $0.37 billion in assets.

FDIC Insured Yes
FDIC Certificate # 313
Date Established 1905
Assets $ 373.71 million
Loans $ 150.92 million
Deposits $ 283.31 million
Capital $ 44.90 million
 

For a more detailed analysis of American Gateway Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - July 3, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - July 3, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for American Gateway Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
3.039% 3.000% 0.50 $1,250 $1,055 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

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PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
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Branches

American Gateway Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


American Gateway Bank Locations


Financial Details

American Gateway Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of American Gateway Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
American Gateway Bank U.S. Bank Average
13.5% 6.51%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of December 31, 2019, American Gateway Bank had $5,416,000 in non-current loans and $915,000 in owned real estate. To cover these potential losses it had $44,901,000 in equity and $2,005,000 in loans loss reserves. That gives it a Texas Ratio of 13.5%.

Return on Equity
American Gateway Bank U.S. Bank Average
6.02% 9.41%

American Gateway Bank has a Return on Equity of 6.02% versus the BestCashCow average of 9.41%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
American Gateway Bank U.S. Bank Average
12.01% 12.82%

American Gateway Bank has a Capitalization of 12.01% versus the BestCashCow average of 12.82. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

American Gateway Bank Balance Sheet Analysis

As of March 31, 2015, American Gateway Bank had assets of $373,708,000, loans of $150,918,000, and deposits of $283,307,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

December 31, 2019
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 150.92 million
Loan loss allowance $ 2.01 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.92 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 283.31 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 373.71 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in American Gateway Bank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Small Business Loans.

Compared to other banks in Louisiana, American Gateway Bank has a significantly higher percent of Multifamily Mortgages, Small Business Loans, Construction and Development Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 29.75
Multifamily
Mortgages
5.18
Credit Card Loans 0.00
Consumer Auto Loans 0.27
Small Business Loans 22.07
Construction and Development Loans 21.47
Commercial Real Estate 37.17
Commercial and Industrial Loans 6.24
Farm Loans 0.00

Frequently Asked Questions About American Gateway Bank

Branches and Savings

Is American Gateway Bank FDIC insured?

Yes. It is covered under FDIC Certificate #313.

Why does American Gateway Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are American Gateway Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is American Gateway Bank a commercial bank?

Yes

Where are American Gateway Bank locations?

See branch locations nearby.

Is American Gateway Bank open on Saturdays?

Is American Gateway Bank open on Sundays?

What time does American Gateway Bank open?

What time does American Gateway Bank close?

Are American Gateway Bank ATMs Open 24/7?

Do American Gateway Bank ATMs accept cash deposits?

Can American Gateway Bank customers use other ATMs?

Do American Gateway Bank branches have notaries?

Will American Gateway Bank notarize my document?

What address for American Gateway Bank should I put for incoming ACH transfers?

Will the American Gateway Bank branch print checks?

Do American Gateway Bank checks expire?

Does American Gateway Bank require US citizenship to open account?

Can American Gateway Bank close my account?

Does American Gateway Bank Report to credit bureaus?

Does American Gateway Bank Use Equifax?

What is American Gateway Bank's ACH Routing Number?

What is American Gateway Bank's SWIFT code?

Products

Does American Gateway Bank offer mortgages?

Compare mortgage rates here.

Does American Gateway Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does American Gateway Bank offer personal loans?

Compare personal loan rates here.

Does American Gateway Bank offer student loans?

Will American Gateway Bank cash a check?

Will American Gateway Bank redeem a savings bond?

Does American Gateway Bank cash savings bonds?

Will American Gateway Bank cash money orders?

Can American Gateway Bank issue a money order?

Does American Gateway Bank do currency exchange?

Background on The Bank

Who owns American Gateway Bank?

How long has American Gateway Bank been around?

Can American Gateway Bank transfer to other banks?

Does American Gateway Bank have quick pay?

Does American Gateway Bank accept rolled coins?

Will American Gateway Bank accept loose change?

Where is American Gateway Bank headquarters?

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