Gate City Bank
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Data as of · sourced from FFIEC call reports. How we update
Gate City Bank is an FDIC-insured savings institution headquartered in Fargo, ND, established in 1923 (FDIC certificate 27774), and it is supervised by the OCC. At Q2 2026 it reported total assets of $4.04B, up 7.8% from Q2 2025, the 5th largest of 60 banks headquartered in North Dakota. It reports no CET1 ratio; its Tier 1 leverage ratio was 9.85% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Savings institution
- Regulator
- OCC
- Deposit insurance
- FDIC
- FDIC certificate
- 27774
- Headquarters
- Fargo, ND
- Established
- 1923
- Total assets, Q2 2026
- $4.04B
- Assets vs Q2 2025
- +7.8%
- Tier 1 leverage ratio, Q2 2026
- 9.85%
- Domestic offices
- 46 FDIC institution directory, current count
- Routing number
- 291370918
- Latest call report
- Q2 2026, FFIEC 041 · Gate City Bank call report
- Asset rank in state
- 5th of 60 in North Dakota
Gate City Bank, based in Fargo, North Dakota, reported $4.0 billion in assets at June 30, 2026, up 7.8% from a year earlier. It pays an average of 1.13% on its deposits and borrowings, lower than about 9 in 10 of the 895 banks with $1 billion to $10 billion in assets (median 2.01%). It also holds commercial real estate loans worth 1.0 times its capital, about half the median of 2.2 times for banks its size.
Earnings jumped: net income for the quarter was $8.8 million, 77% above the same quarter a year earlier. Over the same year, loans grew 1.2% and deposits grew 8.3%. Costs are the weak spot: it spends about 74 cents to bring in each dollar of revenue, higher than about three-quarters of banks its size (median 58 cents).
As of June 30, 2026, Gate City Bank reported a return on assets of 0.88%, a nonperforming-loan ratio of 0.69% and a Texas ratio of 5.27%. The figures come from its call report filed with the FFIEC.
Of the 60 banks headquartered in North Dakota, Gate City Bank is the 5th largest by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 0.4% to $4.04B, loans rose 1.6% and deposits rose 0.1%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 58.2% of total loans, ahead of auto loans at 10.9%. The FDIC Summary of Deposits lists 46 offices for it, in 23 cities across 2 states; its Fargo 10 offices book 24% of its branch deposits. On its Q2 2026 call report, Gate City Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 500 2nd Ave N, Fargo, ND 58102
- County
- Cass
- Metro Area
- Fargo, ND-MN
- Charter
- Federal savings bank, federal charter, OCC-supervised (pre-2011 OTS)
- Primary Regulator
- OCC
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- —
- Federal Reserve district
- District 9, Minneapolis
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 041
- Established
- January 1, 1923
- Former names
- Gate City Federal Savings Bank (1986-2000)
- Domestic offices
- 46 FDIC institution directory, current count
- Employees (FTE)
- 683
- Domestic deposits
- $3.61B
- Allowance for credit losses
- $20.9M
- Net charge-offs (YTD)
- $2.4M
- Average total assets
- $4.01B
- Average total loans
- $2.98B
- Average interest-bearing deposits
- $3.47B
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 27774
- Fed RSSD
- 657271
- Website
- www.gatecity.bank →
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, Gate City Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, Gate City Bank's total assets ran between $3.47B (Q3 2023) and $4.04B (Q2 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$4.04B total assets against $3.75B; $3.67B total liabilities against $3.41B.
$2.98B net loans and leases against $2.95B; $3.61B total deposits against $3.33B.
$596.0M securities against $393.5M; $223.8M cash and balances due against $221.8M.
$46.6M total interest income against $42.7M; $11.2M total interest expense against $11.9M.
$35.4M net interest income against $30.8M.
$14.9M total noninterest income against $15.7M; $37.2M total noninterest expense against $37.3M.
$1.3M provision for credit losses against $2.2M.
$8.8M net income against $5.0M.
0.88% return on assets against 0.53%; 3.70% net interest margin against 3.41%.
9.85% tier 1 leverage ratio against 9.65%.
Inside the full Gate City Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeGate City Bank rankings
Its closest position to the top of a national ranking is 323 of 4,196, for total assets; its furthest is 930 of 980, for uninsured deposits.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.26% (Q3 2024) to 0.88% (Q2 2026) and its net interest margin ran from 2.91% (Q3 2024) to 3.70% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 9.85% | 0.88% | 0.69% | 5.27% | 3.70% |
| Q1 2026 | 9.82% | 0.83% | 0.72% | 5.26% | 3.58% |
| Q4 2025 | 9.75% | 0.73% | 0.72% | 5.34% | 3.56% |
| Q3 2025 | 9.79% | 0.73% | 0.72% | 5.50% | 3.48% |
| Q2 2025 | 9.65% | 0.53% | 0.72% | 5.66% | 3.41% |
| Q1 2025 | 9.51% | 0.44% | 0.78% | 6.33% | 3.08% |
| Q4 2024 | 9.49% | 0.45% | 0.79% | 6.72% | 3.05% |
| Q3 2024 | 9.58% | 0.26% | 0.71% | 6.01% | 2.91% |
Swipe the table sideways to see every column.
Branch Network
View all 46 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| 304 Rosser Avenue Branch | Bismarck , ND | 58501 | $281.5M |
| 422 Main Branch | Williston , ND | 58801 | $260.4M |
| 204 Sims St Branch | Dickinson , ND | 58601 | $230.0M |
| Gate City Bank (main office) | Fargo , ND | 58102 | $214.7M |
| 3909 13th Ave So Branch | Fargo , ND | 58103 | $185.8M |
| 1017 S. Broadway Branch | Minot , ND | 58701 | $170.2M |
| 2710 State Street Branch | Bismarck , ND | 58503 | $169.2M |
| South Washington Grand Forks Branch | Grand Forks , ND | 58201 | $168.9M |
| 3100 25 St S Branch | Fargo , ND | 58103 | $137.8M |
| 2850 24th Ave. S. Branch | Grand Forks , ND | 58201 | $137.6M |
| Jamestown Branch | Jamestown , ND | 58401 | $134.2M |
| Dakota Square Branch | Minot , ND | 58702 | $131.2M |
| Www.Gatecitybank.Com Branch | Fargo , ND | 58102 | $129.1M |
| Golf Drive Branch | Bismarck , ND | 58503 | $116.8M |
| Moorhead Downtown Branch | Moorhead , MN | 56560 | $112.9M |
| West Fargo Branch | West Fargo , ND | 58078 | $100.3M |
| Mandan Branch | Mandan , ND | 58554 | $84.4M |
| 720 Main Branch | Carrington , ND | 58421 | $81.6M |
| 837 31st Ave E Branch | West Fargo , ND | 58078 | $68.4M |
| 2501 Broadway Branch | Fargo , ND | 58102 | $67.9M |
| 802 Dakota Ave Branch | Wahpeton , ND | 58075 | $65.5M |
| 601 Fourth Street Branch | Devils Lake , ND | 58301 | $62.6M |
| Demers Avenue Branch | Grand Forks , ND | 58201 | $61.9M |
| Moorhead Branch | Moorhead , MN | 56560 | $47.0M |
| Fargo Woodhaven Branch | Fargo , ND | 58104 | $40.8M |
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- None against the institution on file; 1 against individuals associated with it
- Period: Most recent action October 13, 2023. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 7.8% of deposits in ND, rank 3 of 70 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $125K approved, $125K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2017 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Gate City Bank
What are Gate City Bank's total assets?
As of the Q2 2026 filing, Gate City Bank reported total assets of $4.04 billion in its FFIEC call report.
Where is Gate City Bank headquartered?
It is headquartered in Fargo, ND, United States.
When was Gate City Bank founded?
It was established in 1923, per the FDIC institution directory.
Is Gate City Bank FDIC-insured?
Yes. It is an FDIC-insured savings institution (FDIC Certificate #27774). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Gate City Bank?
Gate City Bank's primary federal regulator is the OCC.
How many branches does Gate City Bank operate?
It operates 46 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Gate City Bank's Texas Ratio?
Its Texas Ratio is 5.27% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
What was Gate City Bank previously called?
The charter now named Gate City Bank has also operated as Gate City Federal Savings Bank (1986-2000), per FDIC structure-change records.
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