FDIC Certificate #: 22974 Status: Active Federal Reserve ID: 599755 Bank Holding Company (Regulatory Top Holder): Richey Bancorporation, Inc. (RSSDID: 1122954, Location: Glendive, MT) Date Established: November 05, 1979 WWW:http://www.comfirstbank.net 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 #: 16075 Numeric code: 21 Regulator: FDIC 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: November 05, 1979 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: 319 North Merrill Avenue, Glendive, MT 59330 County: Dawson 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
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $47.6 mil Equity capital: $4.7 mil Deposits held in domestic offices: $42.7 mil Return on assets (ROA): 0.66% ($0.3 mil) Quarterly return on assets: 0.65% ($0.3 mil) Return on Equity (ROE): 6.55% ($0.3 mil) Quarterly return on equity: 6.36% ($0.3 mil) Net income: $0.3 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.96% ($456.8 mil) Quarterly Pretax return on assets: 0.96% ($456.8 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
13Total employees (full-time equivalent)
$47,583Total assets
$7,674Cash and due from depository institutions
$4,648Interest-bearing balances
$12,076Securities
$3,950Federal funds sold & reverse repurchase agreements
$23,110Net loans & leases
$350Loan loss allowance
$0Trading account assets
$206Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$47,583Life insurance assets
$567All other assets
$42,900Total liabilities and capital
$42,734Total liabilities
$29,538Total deposits
$42,734Interest-bearing deposits
$99Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$166Subordinated debt
$4,683All other liabilities
$4,683Total equity capital
$4,683Total bank equity capital
$0Perpetual preferred stock
$1,014Common stock
$2,236Surplus
$1,433Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3Income earned, not collected on loans
$0Earning assets
$408Long-term assets (5+ years)
$43,784Average Assets, year-to-date
$16,553Average Assets, quarterly
$44,980Volatile liabilities
$46,027Insider loans
$28,028FHLB advances
$47,446Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$4,474Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$8,350Restructured Loans and leases
$1,604Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,796Total interest income
$279Total interest expense
$1,517Net interest income
$40Provision for loan and lease losses
$111Total noninterest income
$0Fiduciary activities
$58Service charges on deposit accounts
$0Trading account gains & fees
$53Additional noninterest income
$1,158Total noninterest expense
$646Salaries and employee benefits
$95Premises and equipment expense
$417Additional noninterest expense
$430Pre-tax net operating income
$0Securities gains (losses)
$132Applicable income taxes
$298Income before extraordinary items
$0Extraordinary gains - net
$298Net income attributable to bank
$0Net charge-offs
$298Cash dividends
$42Sale, conversion, retirement of capital stock, net
$118Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.32%Yield on earning assets
0.67%Cost of funding earning assets
3.65%Net interest margin
0.27%Noninterest income to earning assets
2.79%Noninterest expense to earning assets
0.66%Net operating income to assets
0.66%Return on assets (ROA)
0.96%Pretax return on assets
6.55%Return on equity (ROE)
3.96%Retained earnings to average equity (YTD only)
0.17%Net charge-offs to loans
95.24%Credit loss provision to net charge-offs
11.19%Efficiency ratio
71,130Assets per employee
3.66%Cash dividends to net income (YTD only)
Condition Ratios (%)
39.60%Loss allowance to loans
1.49%Loss allowance to noncurrent loans
11666.67%Noncurrent assets plus other real estate owned to assets
0.01%Noncurrent loans to loans
0.01%Net loans and leases to deposits
54.08%Net loans and leases to core deposits
54.41%Equity capital to assets
9.84%Core capital (leverage) ratio
9.43%Tier 1 risk-based capital ratio
15.96%Total risk-based capital ratio
Memoranda
$17Average assets
$44,980Average earning assets
$4,549Average equity
$41,531Average loans
List of branches
1 Montana Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
16075
Community First Bank Of Glendive
319 North Merrill Avenue, Glendive, MT 59330
November 05, 1979
Full Service Brick and Mortar
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