Citizens First National Bank of Wolf Point in Wolf Point, Montana (MT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 01, 1995

Citizens First National Bank of Wolf Point in Wolf Point, Montana (MT)
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Citizens First National Bank of Wolf Point - Overview

General
FDIC Certificate #: 17353
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Community Bank (#2176)
Federal Reserve ID: 568658
Date Established: September 01, 1954
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 1 (Interstate: No)
FDIC's unique #: 11362
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: September 01, 1954
Last Structure Change Effective Date: June 01, 1995
Last Structure Change Process Date: June 29, 1995
Last Data Update: June 29, 1995
Data Source Date: April 05, 2012
Location
Address: 215 3rd Avenue, Wolf Point, MT 59201
County: Roosevelt
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
Financial Summary
Total assets: $12.7 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$8Total assets
$13,300Cash and due from depository institutions
$1,853Interest-bearing balances
$693Securities
$5,325Federal funds sold & reverse repurchase agreements
$330Net loans & leases
$5,348Loan loss allowance
$195Trading account assets
$0Bank premises and fixed assets
$177Other real estate owned
$82Goodwill and other intangibles
$185Life insurance assets
$0All other assets
$0Total liabilities and capital
$13,300Total liabilities
$11,969Total deposits
$11,869Interest-bearing deposits
$9,491Deposits held in domestic offices
11869.00%% insured (estimated)
$98Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$100Total equity capital
$100Total bank equity capital
$1,331Perpetual preferred stock
$0Common stock
$500Surplus
$500Undivided profits
Memoranda
$331Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$207Income earned, not collected on loans
$78Earning assets
$11,696Long-term assets (5+ years)
$1,143Average Assets, year-to-date
$13,307Average Assets, quarterly
$13,116Volatile liabilities
$725Insider loans
$128FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$462Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,331Total risk weighted assets
$5,982Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$872Total interest expense
$278Net interest income
$594Provision for loan and lease losses
-$37Total noninterest income
$124Fiduciary activities
$0Service charges on deposit accounts
$96Trading account gains & fees
$0Additional noninterest income
$28Total noninterest expense
$451Salaries and employee benefits
$179Premises and equipment expense
$71Additional noninterest expense
$201Pre-tax net operating income
$304Securities gains (losses)
-$109Applicable income taxes
$74Income before extraordinary items
$121Extraordinary gains - net
$0Net income attributable to bank
$121Net charge-offs
-$26Cash dividends
$96Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.32%Cost of funding earning assets
2.33%Net interest margin
4.99%Noninterest income to earning assets
1.04%Noninterest expense to earning assets
3.79%Net operating income to assets
1.43%Return on assets (ROA)
0.91%Pretax return on assets
1.47%Return on equity (ROE)
9.03%Retained earnings to average equity (YTD only)
1.87%Net charge-offs to loans
-0.45%Credit loss provision to net charge-offs
142.31%Efficiency ratio
62,813Assets per employee
1.66%Cash dividends to net income (YTD only)
Condition Ratios (%)
79.34%Loss allowance to loans
3.52%Loss allowance to noncurrent loans
94.20%Noncurrent assets plus other real estate owned to assets
2.17%Noncurrent loans to loans
3.73%Net loans and leases to deposits
45.06%Net loans and leases to core deposits
47.99%Equity capital to assets
10.01%Core capital (leverage) ratio
10.16%Tier 1 risk-based capital ratio
22.25%Total risk-based capital ratio
Memoranda
$24Average assets
$13,307Average earning assets
$1,340Average equity
$11,911Average loans

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