FDIC Certificate #: 58199 Status: Active Federal Reserve ID: 3425725 Date Established: April 24, 2006 WWW:http://www.beartoothbank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 441894 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: April 24, 2006 Last Structure Change Effective Date: August 25, 2010 Last Structure Change Process Date: November 09, 2010 Last Data Update: November 09, 2010 Data Source Date: April 05, 2012
Location
Address: 4130 King Avenue West, Billings, MT 59106 County: Yellowstone 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 Metropolitan Statistical Area (MSA): Billings, MT (#880) Core Based Statistical Area (CBSA): Billings, MT (#13740) CBSA Metro Statistical Area: Billings, MT (#13740)
Financial Summary
Total assets: $38.9 mil Equity capital: $4.8 mil Deposits held in domestic offices: $33.7 mil Return on assets (ROA): 0.77% ($0.3 mil) Quarterly return on assets: 0.06% ($0.0 mil) Return on Equity (ROE): 6.37% ($0.3 mil) Quarterly return on equity: 0.49% ($0.0 mil) Net income: $0.3 mil Quarterly Net income: $0.0 mil Pretax return on assets: 0.77% ($299.7 mil) Quarterly Pretax return on assets: 0.06% ($23.4 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
7Total employees (full-time equivalent)
$38,928Total assets
$523Cash and due from depository institutions
$0Interest-bearing balances
$2,178Securities
$4,645Federal funds sold & reverse repurchase agreements
$26,285Net loans & leases
$768Loan loss allowance
$0Trading account assets
$2,935Bank premises and fixed assets
$1,334Other real estate owned
$0Goodwill and other intangibles
$38,928Life insurance assets
$1,028All other assets
$34,078Total liabilities and capital
$33,699Total liabilities
$31,049Total deposits
$33,699Interest-bearing deposits
$98Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$379Subordinated debt
$4,850All other liabilities
$4,850Total equity capital
$4,850Total bank equity capital
$0Perpetual preferred stock
$11Common stock
$8,945Surplus
$-4,106Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$649Income earned, not collected on loans
$0Earning assets
$112Long-term assets (5+ years)
$33,108Average Assets, year-to-date
$1,832Average Assets, quarterly
$39,414Volatile liabilities
$38,753Insider loans
$33,363FHLB advances
$39,115Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$4,852Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$509Restructured Loans and leases
$2,763Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,845Total interest income
$471Total interest expense
$1,374Net interest income
$50Provision for loan and lease losses
$360Total noninterest income
$0Fiduciary activities
$11Service charges on deposit accounts
$0Trading account gains & fees
$349Additional noninterest income
$1,387Total noninterest expense
$621Salaries and employee benefits
$212Premises and equipment expense
$554Additional noninterest expense
$297Pre-tax net operating income
$6Securities gains (losses)
$0Applicable income taxes
$303Income before extraordinary items
$0Extraordinary gains - net
$303Net income attributable to bank
$0Net charge-offs
$303Cash dividends
$436Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.59%Yield on earning assets
1.43%Cost of funding earning assets
4.16%Net interest margin
1.09%Noninterest income to earning assets
4.20%Noninterest expense to earning assets
0.75%Net operating income to assets
0.77%Return on assets (ROA)
0.77%Pretax return on assets
6.37%Return on equity (ROE)
6.37%Retained earnings to average equity (YTD only)
1.51%Net charge-offs to loans
11.47%Credit loss provision to net charge-offs
0.80%Efficiency ratio
79,988Assets per employee
5.56%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.84%Loss allowance to noncurrent loans
118.34%Noncurrent assets plus other real estate owned to assets
5.09%Noncurrent loans to loans
2.40%Net loans and leases to deposits
78.00%Net loans and leases to core deposits
78.00%Equity capital to assets
12.46%Core capital (leverage) ratio
12.40%Tier 1 risk-based capital ratio
14.54%Total risk-based capital ratio
Memoranda
$16Average assets
$39,414Average earning assets
$4,759Average equity
$32,995Average loans
List of branches
1 Montana Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
441894
Beartooth Bank
4130 King Avenue West, Billings, MT 59106
April 24, 2006
Full Service Brick and Mortar
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 Beartooth Bank.
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.
Comment about this bank, ask questions, or add new information about it: