FDIC Certificate #: 15362 Status: Active Federal Reserve ID: 223751 Date Established: March 14, 1936 WWW:http://www.beltvalleybank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 9689 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: No Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: March 17, 1937 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 111 Castner Street, Belt, MT 59412 County: Cascade 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): Great Falls, MT (#3040) Core Based Statistical Area (CBSA): Great Falls, MT (#24500) CBSA Metro Statistical Area: Great Falls, MT (#24500)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $66.1 mil Equity capital: $6.0 mil Deposits held in domestic offices: $59.6 mil Return on assets (ROA): 0.59% ($0.4 mil) Quarterly return on assets: 0.49% ($0.3 mil) Return on Equity (ROE): 6.57% ($0.4 mil) Quarterly return on equity: 5.34% ($0.3 mil) Net income: $0.4 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.76% ($502.5 mil) Quarterly Pretax return on assets: 0.53% ($350.4 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
16Total employees (full-time equivalent)
$66,114Total assets
$10,913Cash and due from depository institutions
$8,950Interest-bearing balances
$13,488Securities
$3,255Federal funds sold & reverse repurchase agreements
$37,347Net loans & leases
$1,438Loan loss allowance
$0Trading account assets
$104Bank premises and fixed assets
$193Other real estate owned
$0Goodwill and other intangibles
$66,114Life insurance assets
$814All other assets
$60,085Total liabilities and capital
$59,607Total liabilities
$51,565Total deposits
$59,607Interest-bearing deposits
$98Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$105Trading liabilities
$0Other borrowed funds
$373Subordinated debt
$6,029All other liabilities
$6,029Total equity capital
$6,029Total bank equity capital
$0Perpetual preferred stock
$400Common stock
$4,100Surplus
$1,529Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,406Income earned, not collected on loans
$0Earning assets
$373Long-term assets (5+ years)
$63,040Average Assets, year-to-date
$9,138Average Assets, quarterly
$64,925Volatile liabilities
$65,324Insider loans
$39,425FHLB advances
$65,722Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$6,037Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$4,994Restructured Loans and leases
$830Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,155Total interest income
$937Total interest expense
$2,218Net interest income
$77Provision for loan and lease losses
$160Total noninterest income
$0Fiduciary activities
$109Service charges on deposit accounts
$0Trading account gains & fees
$51Additional noninterest income
$1,805Total noninterest expense
$1,145Salaries and employee benefits
$124Premises and equipment expense
$536Additional noninterest expense
$496Pre-tax net operating income
$0Securities gains (losses)
$115Applicable income taxes
$381Income before extraordinary items
$0Extraordinary gains - net
$381Net income attributable to bank
$0Net charge-offs
$381Cash dividends
$267Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.11%Yield on earning assets
1.52%Cost of funding earning assets
3.59%Net interest margin
0.26%Noninterest income to earning assets
2.92%Noninterest expense to earning assets
0.59%Net operating income to assets
0.59%Return on assets (ROA)
0.76%Pretax return on assets
6.57%Return on equity (ROE)
6.57%Retained earnings to average equity (YTD only)
0.62%Net charge-offs to loans
28.84%Credit loss provision to net charge-offs
2.15%Efficiency ratio
75,904Assets per employee
4.13%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.71%Loss allowance to noncurrent loans
102.28%Noncurrent assets plus other real estate owned to assets
2.42%Noncurrent loans to loans
3.63%Net loans and leases to deposits
62.66%Net loans and leases to core deposits
64.74%Equity capital to assets
9.12%Core capital (leverage) ratio
9.19%Tier 1 risk-based capital ratio
15.31%Total risk-based capital ratio
Memoranda
$17Average assets
$64,925Average earning assets
$5,797Average equity
$61,778Average loans
List of branches
1 Montana Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
9689
Belt Valley Bank
111 Castner Street, Belt, MT 59412
March 14, 1936
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 Belt Valley 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: