Total Assets
$4.0B
Total balance-sheet footings
FDIC Cert #27774 · Fargo, North Dakota · Est. 1923
Gate City Bank - FDIC Bank Health Profile
This profile flags real pressure points from the bank's own quarterly Call Report, read past the headline grade before drawing conclusions.
- $4.0B
- Total assets
- D
- Health grade · Weak
- 0.60%
- Return on assets
- 9.7%
- Tier 1 capital
Data updated July 2026
The verdict
Gate City Bank earns a PlainBankData health grade of D (48/100), with 9.75% Tier 1 capital, 0.60% ROA, 80% efficiency ratio.
- #342
- largest of 4,313 FDIC banks by assets
- 92nd
- percentile by asset size, nationally
- 9.75%
- Tier 1 ratio - below the 10% well-capitalized line
- 20th
- percentile for profitability (ROA), nationally
A weak grade is PlainBankData's own read of the Call Report data, not an official FDIC rating, and it does not change your insurance coverage: every dollar stays protected to $250,000 per depositor, per category.
How Gate City Bank's 48/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
Gate City Bank's composite health score
Tier 1 Capital Ratio (9.75%) 18/40
Return on Assets (ROA) (0.60%) 14/25
Texas Ratio (5.59%) 16/20
Efficiency Ratio (80.09%) 0/15
48 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$3.6B
Customer-funded liabilities
Net Loans
$2.9B
Outstanding loan book
Net Income
$23M
Bottom-line earnings
Capital adequacy vs federal thresholds
Where Gate City Bank ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. Gate City Bank's score of 48/100 falls in the highlighted band.
Gate City Bank's size among FDIC-insured banks
Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). Gate City Bank's $4.0B falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
9.75% of risk-weighted assets - below the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
9.75%
Texas Ratio
5.59%
Equity Capital
$360M
Profitability metrics
Return on Assets (ROA)
20th percentile nationally
0.60%
Return on Equity (ROE)
6.77%
Efficiency Ratio
80.09%
What the numbers say about Gate City Bank
Gate City Bank is an FDIC-insured institution (Certificate #27774) headquartered in Fargo, North Dakota, established in 1923. It holds $4.0B in total assets - 342nd of 4,313 FDIC-insured banks, $3.6B in customer deposits, and $2.9B in net loans. On safety, its Tier 1 capital ratio of 9.75% is below the 10% well-capitalized threshold, and its Texas Ratio of 5.59% sits in the healthy range below 50%. It earns a PlainBankData health grade of D (48/100), a composite of Tier 1 capital, ROA, the Texas Ratio, and efficiency. All of it traces back to the bank's own quarterly FDIC Call Report filing.
Gate City Bank's asset base places it among the largest FDIC-insured institutions in the country, 342nd of 4,313 nationally, and 5th of 61 banks headquartered in North Dakota. Only Alerus Financial ($5.2B) is larger within the state. At this scale, the bank's own capital and asset-quality trends are a meaningful signal for the regional banking sector, not just its own depositors.
Income & expense breakdown
$172M
Interest Income
$62M
Non-Interest Income
$149M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. Gate City Bank reports a Texas Ratio of 5.59% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
5.59% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
What to watch at Gate City Bank
Gate City Bank's grade of D reflects specific pressure points in the FDIC Call Report. Its Tier 1 capital ratio of 9.75% is below the 10% "well-capitalized" benchmark.
Your deposits are still protected. Regardless of grade, FDIC insurance covers every dollar on deposit at Gate City Bank up to $250,000 per depositor, per ownership category. A weak grade signals institutional financial stress for analysts, it is not a prediction of failure, and it does not affect insured-deposit safety.
Top banks in North Dakota by total assets
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) Gate City Bank (FDIC Cert #27774) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.
Other banks in North Dakota
All North Dakota banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| Bell BankFargo | $14.4B | C | 0.59% |
| First International Bank & TrustWatford City | $6.2B | B | 1.69% |
| Choice Financial GroupFargo | $6.0B | B | 1.22% |
| Alerus Financial, National AssociationGrand Forks | $5.2B | C | 0.42% |
| Bravera BankDickinson | $3.8B | B | 1.12% |
| Western State BankDevils Lake | $2.6B | A | 1.79% |
| First Western Bank & TrustMinot | $2.3B | C | 0.84% |
| Starion BankBismarck | $2.1B | B | 0.80% |
Frequently asked questions
What is Gate City Bank's health grade?▼
Gate City Bank receives a health grade of D (48/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank shows notable financial weaknesses. Your deposits remain FDIC-insured up to $250,000.
How large is Gate City Bank?▼
Gate City Bank holds $4.0B in total assets and $3.6B in deposits, ranking 342nd of 4,313 FDIC-insured banks by asset size. It is headquartered in Fargo, North Dakota.
Is my money safe at Gate City Bank?▼
Yes, deposits at Gate City Bank (Certificate #27774) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is Gate City Bank's Tier 1 Capital Ratio?▼
Gate City Bank has a Tier 1 Capital Ratio of 9.75%. The federal "well-capitalized" threshold is 10%. This bank meets the minimum 6% "adequately capitalized" standard.
What is the Texas Ratio for Gate City Bank?▼
Gate City Bank has a Texas Ratio of 5.59%. A ratio below 50% is generally considered healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is Gate City Bank?▼
Gate City Bank has an Efficiency Ratio of 80.09%. Above 60% means a larger share of revenue goes to operating costs. This metric compares non-interest expenses to total revenue.
What to do with this
How to read Gate City Bank's profile as a depositor or analyst.
- Gate City Bank's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare Gate City Bank against other North Dakota banks before moving funds. North Dakota banks
Not financial advice. Health grades are PlainBankData's interpretation of public FDIC Call Report data, not official FDIC ratings or predictions. Verify the latest figures at the FDIC BankFind Suite.
Every figure on PlainBankData is rendered directly from FDIC federal source data, no number is typed in by an editor. Informational only, not professional advice; consult a qualified professional before acting on it. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of Q4 2025.
Disclaimer: Data from the FDIC BankFind Suite. PlainBankData does not rate or rank banks as investment or safety recommendations. Health grades are informational only, computed from public regulatory filings. Always verify current standing directly with FDIC.gov before making financial decisions.