West Gate Bank
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Data as of · sourced from FFIEC call reports. How we update
West Gate Bank is an FDIC-insured commercial bank headquartered in Lincoln, NE, established in 1968 (FDIC certificate 19850), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $1.47B, up 8.8% from Q2 2025, the 10th largest of 138 banks headquartered in Nebraska. It reports no CET1 ratio; its Tier 1 leverage ratio was 10.38% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 19850
- Headquarters
- Lincoln, NE
- Established
- 1968
- Total assets, Q2 2026
- $1.47B
- Assets vs Q2 2025
- +8.8%
- Tier 1 leverage ratio, Q2 2026
- 10.38%
- Domestic offices
- 10 FDIC institution directory, current count
- Routing number
- 104901584
- Holding company
- WEST GATE BANSHARES, INC.
- Asset rank in state
- 10th of 138 in Nebraska
West Gate Bank, based in Lincoln, Nebraska, reported $1.5 billion in assets at June 30, 2026, up 8.8% from a year earlier. It holds about a fifth of its deposits (16%) above the FDIC insurance limit, about half the median of 30.9% for the 895 banks with $1 billion to $10 billion in assets. It also grew deposits 16.9% over the year, about triple the median of 5.1% for banks its size.
Net income for the quarter rose 29% from a year earlier, to $4.4 million. Over the same year, loans grew 11.9% and deposits grew 16.9%. Costs are the weak spot: it spends about 72 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, West Gate Bank reported a return on assets of 1.15%, a nonperforming-loan ratio of 0.25% and a Texas ratio of 1.59%. The figures come from its call report filed with the FFIEC.
Of the 138 banks headquartered in Nebraska, West Gate Bank is the 10th largest by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets rose 2.0% to $1.47B, loans rose 2.3% and deposits rose 6.1%. Its loan book on June 30, 2026 was led by 1-4 family residential loans, at 43.9% of total loans, followed by non-owner-occupied commercial real estate loans at 16.8%. Its 10 offices in the FDIC Summary of Deposits are in Lincoln, NE, Omaha, NE and Bellevue, NE; its Lincoln 6 offices book 92% of its branch deposits. Judged on its Q2 2026 call report, West Gate Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 6003 Old Cheney Rd, Lincoln, NE 68516
- County
- Lancaster
- Metro Area
- Lincoln, NE
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- No
- Federal Reserve district
- District 10, Kansas City
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 041
- Established
- September 3, 1968
- Domestic offices
- 10 FDIC institution directory, current count
- Employees (FTE)
- 223
- Domestic deposits
- $1.27B
- Allowance for credit losses
- $10.1M
- Net charge-offs (YTD)
- $14K
- Average total assets
- $1.53B
- Average total loans
- $1.13B
- Average interest-bearing deposits
- $987.5M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- September 3, 1968
- FDIC Cert
- 19850
- Fed RSSD
- 207050
- Website
- my.westgate.bank →
- Parent Holding Company
- WEST GATE BANSHARES, INC. (RSSD 1061736)
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, West Gate Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
West Gate Bank's total assets moved between a low of $1.24B (Q3 2023) and a high of $1.47B (Q2 2026) from Q3 2023 to Q2 2026, and it earned a profit in 11 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$1.47B total assets against $1.35B; $1.32B total liabilities against $1.22B.
$1.06B net loans and leases against $943.8M; $1.27B total deposits against $1.09B.
$245.7M securities against $255.1M; $25.6M cash and balances due against $27.3M.
$20.9M total interest income against $17.3M; $8.5M total interest expense against $7.3M.
$12.5M net interest income against $10.0M.
$6.5M total noninterest income against $4.0M; $13.8M total noninterest expense against $10.0M.
-$86K provision for credit losses against $25K.
$4.4M net income against $3.4M.
1.15% return on assets against 1.05%; 3.54% net interest margin against 3.37%.
10.38% tier 1 leverage ratio against 12.15%.
Inside the full West Gate Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
West Gate Bank rankings
Its closest position to the top of a national ranking is 745 of 4,196, for total assets; its furthest is 886 of 980, for uninsured deposits.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from -0.07% (Q3 2024) to 1.15% (Q2 2026) and its net interest margin ran from 3.07% (Q4 2024) to 3.54% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 10.38% | 1.15% | 0.25% | 1.59% | 3.54% |
| Q1 2026 | 11.28% | 0.74% | 0.17% | 1.14% | 3.44% |
| Q4 2025 | 11.51% | 0.90% | 0.30% | 1.90% | 3.41% |
| Q3 2025 | 11.88% | 0.91% | 0.21% | 1.31% | 3.35% |
| Q2 2025 | 12.15% | 1.05% | 0.28% | 1.84% | 3.37% |
| Q1 2025 | 11.94% | 0.90% | 0.19% | 1.21% | 3.14% |
| Q4 2024 | 11.53% | 0.44% | 0.15% | 0.96% | 3.07% |
| Q3 2024 | 11.57% | -0.07% | 0.11% | 0.86% | 3.51% |
Swipe the table sideways to see every column.
Branch Network
View all 10 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 |
|---|---|---|---|
| West Gate Bank (main office) | Lincoln , NE | 68516 | $948.9M |
| West O Branch | Lincoln , NE | 68528 | $72.9M |
| Eagle Crest Branch | Lincoln , NE | 68505 | $42.2M |
| Midtown Branch | Lincoln , NE | 68510 | $39.1M |
| South Street Branch | Lincoln , NE | 68502 | $38.2M |
| Cornhusker Branch | Lincoln , NE | 68521 | $30.3M |
| Bellevue Branch | Bellevue , NE | 68123 | $29.9M |
| 17617 Manderson Street - Omaha Branch | Omaha , NE | 68116 | $29.8M |
| Pacific Springs Branch | Omaha , NE | 68118 | $28.9M |
| Ralston Branch | Omaha , NE | 68127 | $13.9M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| September 26, 1988 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| September 26, 1988 | Structure Change | Acquired South Ridge Bank, Inc. Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 2 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 1.3% of deposits in NE, rank 11 of 160 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 4,467 applications, 2,409 loans originated, $678.5M originated, across 24 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 1 loans, $154K approved, $154K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2024 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, 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 West Gate Bank
What are West Gate Bank's total assets?
As of the Q2 2026 filing, West Gate Bank reported total assets of $1.47 billion in its FFIEC call report.
Where is West Gate Bank headquartered?
It is headquartered in Lincoln, NE, United States.
When was West Gate Bank founded?
It was established in 1968, per the FDIC institution directory.
Is West Gate Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #19850). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates West Gate Bank?
West Gate Bank's primary federal regulator is the FDIC.
How many branches does West Gate Bank operate?
It operates 10 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is West Gate Bank's Texas Ratio?
Its Texas Ratio is 1.59% 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.
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