SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  FORM 10-QSB/A
                                 Amendment No. 1

     [X]  Quarterly Report Pursuant to Section 13 or 15 (d) of the
          Securities Exchange Act of 1934 for the quarterly period ended June
          30, 2002

     [ ]  Transition report under Section 13 or 15(d) of the Exchange Act
          for the transition period from _____ to _____

                        Commission file number: 000-24137


                            GATEWAY BANCSHARES, INC.
        (Exact name of small business issuer as specified in its charter)


               Georgia                                  58-2202210
      (State of Incorporation)              (I.R.S. Employer Identification No.)


                              5102 Alabama Highway
                            Ringgold, Georgia 30736
                    (Address of principal executive offices)


                                 (706) 965-5500
                (Issuer's telephone number, including area code)



Check  whether  the  issuer  (1)  has  filed all reports required to be filed by
Section  13  or  15(d) of the Securities Exchange Act of 1934 during the past 12
months (or for such shorter period that the registrant was required to file such
reports),  and  (2) has been subject to such filing requirements for the past 90
days.                                 Yes  [ X ]     No  [   ]

State the number of shares outstanding of each of the issuer's classes of common
equity,  as  of  the  latest  practicable  date:

               Class
               -----

     Common  Stock,  $5.00  par  value                    681,758


Transitional Small Business Disclosure Format:     Yes [   ]     No [ X ]


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This amendment No. 1 to the Registrant's Quarterly Report on Form 10-QSB for the
period ending June 30, 2002 is being filed solely to include as Exhibit 99.1 the
certification  required  by  Section  906 of the Sarbanes-Oxley Act of 2002.  No
revisions  have  been made to the Registrant's financial statements or any other
disclosure  contained  in  such  Quarterly  Report.

ITEM  6  -  EXHIBITS  AND  REPORTS  ON  FORM  8-K

(a)  Exhibits:

     Exhibit  Number          Description  of  Exhibit
     ---------------          ------------------------

          11                  Computation  of  Net  Income  Per  Share

          99.1                Certification Pursuant to 18 U.S.C. Section 1350
                              as Adopted Pursuant to Section 906 of the
                              Sarbanes-Oxley Act of 2002





                                   SIGNATURES


In  accordance  with the requirements of the Exchange Act, the registrant caused
this  report  to  be  signed  on  its  behalf by the undersigned, thereunto duly
authorized.


GATEWAY BANCSHARES, INC.



               /s/  Robert G. Peck                      August  9,  2002
               ---------------------                    ----------------
               Robert G. Peck,                          Date
               President and CEO
               (Principal Executive Officer)


               /s/  Harle B. Green                      August  9,  2002
               ---------------------                    ----------------
               Harle B. Green,                          Date
               Chairman and Chief Financial Officer
               (Principal Financial Officer)


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