FDIC Certificate #: 22039 Status: Active Federal Reserve ID: 564856 Bank Holding Company (Regulatory Top Holder): 1st United Bancorporation, Inc. (RSSDID: 1128415, Location: Sidney, MT) Date Established: June 09, 1975 WWW:http://www.our1stbank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 2 (Domestic: 2, Interstate: No) FDIC's unique #: 15293 Numeric code: 13 Regulator: FED Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Agricultural lending institution: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: June 09, 1975 Last Structure Change Effective Date: June 22, 2007 Last Structure Change Process Date: July 05, 2007 Last Data Update: July 05, 2007 Data Source Date: April 05, 2012
Location
Address: 120 Second Street, N.W., Sidney, MT 59270 County: Richland Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Billings Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West
History of Changes
Office Purchased
Financial Summary
Total assets: $134.1 mil Equity capital: $13.1 mil Deposits held in domestic offices: $113.7 mil Return on assets (ROA): 1.55% ($2.1 mil) Quarterly return on assets: 1.66% ($2.2 mil) Return on Equity (ROE): 15.18% ($2.0 mil) Quarterly return on equity: 16.91% ($2.2 mil) Net income: $1.9 mil Quarterly Net income: $0.5 mil Pretax return on assets: 1.55% ($2,078.2 mil) Quarterly Pretax return on assets: 1.66% ($2,225.7 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
23Total employees (full-time equivalent)
$134,076Total assets
$60,993Cash and due from depository institutions
$60,218Interest-bearing balances
$773Securities
$0Federal funds sold & reverse repurchase agreements
$67,946Net loans & leases
$737Loan loss allowance
$0Trading account assets
$1,462Bank premises and fixed assets
$0Other real estate owned
$1,635Goodwill and other intangibles
$134,076Life insurance assets
$1,267All other assets
$121,002Total liabilities and capital
$113,701Total liabilities
$81,277Total deposits
$113,701Interest-bearing deposits
$93Deposits held in domestic offices
7156.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$20Trading liabilities
$0Other borrowed funds
$125Subordinated debt
$13,074All other liabilities
$13,074Total equity capital
$13,074Total bank equity capital
$0Perpetual preferred stock
$657Common stock
$6,933Surplus
$5,484Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$44Income earned, not collected on loans
$0Earning assets
$690Long-term assets (5+ years)
$128,937Average Assets, year-to-date
$5,784Average Assets, quarterly
$121,356Volatile liabilities
$130,622Insider loans
$69,318FHLB advances
$133,427Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$11,435Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$16,749Restructured Loans and leases
$2,441Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$4,319Total interest income
$440Total interest expense
$3,879Net interest income
$0Provision for loan and lease losses
$433Total noninterest income
$0Fiduciary activities
$265Service charges on deposit accounts
$0Trading account gains & fees
$168Additional noninterest income
$2,418Total noninterest expense
$1,610Salaries and employee benefits
$210Premises and equipment expense
$598Additional noninterest expense
$1,894Pre-tax net operating income
-$9Securities gains (losses)
$0Applicable income taxes
$1,885Income before extraordinary items
$0Extraordinary gains - net
$1,885Net income attributable to bank
$0Net charge-offs
$1,885Cash dividends
$1Sale, conversion, retirement of capital stock, net
$1,020Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.72%Yield on earning assets
0.38%Cost of funding earning assets
3.34%Net interest margin
0.37%Noninterest income to earning assets
2.08%Noninterest expense to earning assets
1.56%Net operating income to assets
1.55%Return on assets (ROA)
1.55%Pretax return on assets
15.18%Return on equity (ROE)
6.97%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
1894.00%Efficiency ratio
55,264Assets per employee
5.83%Cash dividends to net income (YTD only)
Condition Ratios (%)
54.11%Loss allowance to loans
1.07%Loss allowance to noncurrent loans
1675.00%Noncurrent assets plus other real estate owned to assets
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