Bank of Montana Butte in Butte, Montana (MT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 24, 1993

Bank of Montana Butte in Butte, Montana (MT)
Show street view No street view available for this location

Bank of Montana Butte - Overview

General
FDIC Certificate #: 15117
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Bank of Montana, National Association (#18421)
Federal Reserve ID: 665856
Date Established: April 07, 1907
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 9491
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: April 30, 1935
Last Structure Change Effective Date: April 24, 1993
Last Structure Change Process Date: June 08, 1993
Last Data Update: June 08, 1993
Data Source Date: April 05, 2012
Location
Address: 3650 Harrison Avenue, Butte, MT 59701
County: Silver Bow
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
Core Based Statistical Area (CBSA): Butte-Silver Bow, MT (#15580)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $33.1 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$14Total assets
$33,600Cash and due from depository institutions
$1,302Interest-bearing balances
$0Securities
$12,169Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$18,105Loan loss allowance
$165Trading account assets
$0Bank premises and fixed assets
$1,109Other real estate owned
$23Goodwill and other intangibles
$892Life insurance assets
$0All other assets
$0Total liabilities and capital
$33,600Total liabilities
$31,158Total deposits
$29,943Interest-bearing deposits
$26,089Deposits held in domestic offices
29943.00%% insured (estimated)
$94Federal funds purchased & repurchase agreements
$850Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$365Total equity capital
$365Total bank equity capital
$2,442Perpetual preferred stock
$0Common stock
$1,000Surplus
$1,024Undivided profits
Memoranda
$418Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$40Income earned, not collected on loans
$135Earning assets
$30,274Long-term assets (5+ years)
$8,020Average Assets, year-to-date
$34,017Average Assets, quarterly
$33,763Volatile liabilities
$1,706Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$3,395Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,442Total risk weighted assets
$22,001Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$2,478Total interest expense
$1,091Net interest income
$1,387Provision for loan and lease losses
$54Total noninterest income
$177Fiduciary activities
$0Service charges on deposit accounts
$84Trading account gains & fees
$0Additional noninterest income
$93Total noninterest expense
$1,211Salaries and employee benefits
$394Premises and equipment expense
$113Additional noninterest expense
$704Pre-tax net operating income
$299Securities gains (losses)
$114Applicable income taxes
$148Income before extraordinary items
$265Extraordinary gains - net
$0Net income attributable to bank
$265Net charge-offs
$13Cash dividends
$150Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.07%Cost of funding earning assets
3.55%Net interest margin
4.52%Noninterest income to earning assets
0.58%Noninterest expense to earning assets
3.95%Net operating income to assets
0.56%Return on assets (ROA)
0.78%Pretax return on assets
1.21%Return on equity (ROE)
11.12%Retained earnings to average equity (YTD only)
4.83%Net charge-offs to loans
0.08%Credit loss provision to net charge-offs
415.38%Efficiency ratio
77,430Assets per employee
2.40%Cash dividends to net income (YTD only)
Condition Ratios (%)
56.60%Loss allowance to loans
0.90%Loss allowance to noncurrent loans
412.50%Noncurrent assets plus other real estate owned to assets
0.19%Noncurrent loans to loans
0.22%Net loans and leases to deposits
60.46%Net loans and leases to core deposits
62.24%Equity capital to assets
7.27%Core capital (leverage) ratio
7.29%Tier 1 risk-based capital ratio
11.10%Total risk-based capital ratio
Memoranda
$12Average assets
$34,017Average earning assets
$2,383Average equity
$30,692Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Bank of Montana Butte.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.