Farmers State Bank of Cut Bank in Cut Bank, Montana (MT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 18, 1996

  • Farmers State Bank of Cut Bank in Cut Bank, Montana (MT)
  • Show street view No street view available for this location

Farmers State Bank of Cut Bank - Overview

  • General
  • FDIC Certificate #: 18334
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Stockman Bank, National Association (#349)
    Federal Reserve ID: 640750
    Date Established: January 03, 1961
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 12248
    Numeric code: 13
    Regulator: FED
    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: January 03, 1961
    Last Structure Change Effective Date: March 18, 1996
    Last Structure Change Process Date: April 04, 1996
    Last Data Update: April 04, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: Main Street, Cut Bank, MT 59427
    County: Glacier
    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: $27.6 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $14Total assets
  • $27,624Cash and due from depository institutions
  • $2,556Interest-bearing balances
  • $0Securities
  • $10,587Federal funds sold & reverse repurchase agreements
  • $1,800Net loans & leases
  • $11,714Loan loss allowance
  • $209Trading account assets
  • $0Bank premises and fixed assets
  • $569Other real estate owned
  • $0Goodwill and other intangibles
  • $398Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $27,624Total liabilities
  • $25,173Total deposits
  • $25,032Interest-bearing deposits
  • $19,967Deposits held in domestic offices
  • 25032.00%% insured (estimated)
  • $92Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $141Total equity capital
  • $141Total bank equity capital
  • $2,451Perpetual preferred stock
  • $0Common stock
  • $2,250Surplus
  • $0Undivided profits
  • Memoranda
  • $201Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $17Income earned, not collected on loans
  • $226Earning assets
  • $24,101Long-term assets (5+ years)
  • $4,111Average Assets, year-to-date
  • $27,002Average Assets, quarterly
  • $27,326Volatile liabilities
  • $2,395Insider loans
  • $76FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $1,381Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,486Total risk weighted assets
  • $14,101Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $1,927Total interest expense
  • $824Net interest income
  • $1,103Provision for loan and lease losses
  • $0Total noninterest income
  • $196Fiduciary activities
  • $0Service charges on deposit accounts
  • $115Trading account gains & fees
  • $0Additional noninterest income
  • $81Total noninterest expense
  • $1,141Salaries and employee benefits
  • $504Premises and equipment expense
  • $148Additional noninterest expense
  • $489Pre-tax net operating income
  • $158Securities gains (losses)
  • $0Applicable income taxes
  • $38Income before extraordinary items
  • $120Extraordinary gains - net
  • $0Net income attributable to bank
  • $120Net charge-offs
  • $10Cash dividends
  • $1,200Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.91%Cost of funding earning assets
  • 3.38%Net interest margin
  • 4.53%Noninterest income to earning assets
  • 0.80%Noninterest expense to earning assets
  • 4.69%Net operating income to assets
  • 0.44%Return on assets (ROA)
  • 0.44%Pretax return on assets
  • 0.59%Return on equity (ROE)
  • 4.88%Retained earnings to average equity (YTD only)
  • -43.90%Net charge-offs to loans
  • 0.08%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 87,837Assets per employee
  • 1.97%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 1000.00%Loss allowance to loans
  • 1.75%Loss allowance to noncurrent loans
  • 1229.41%Noncurrent assets plus other real estate owned to assets
  • 0.06%Noncurrent loans to loans
  • 0.14%Net loans and leases to deposits
  • 46.80%Net loans and leases to core deposits
  • 51.75%Equity capital to assets
  • 8.87%Core capital (leverage) ratio
  • 9.06%Tier 1 risk-based capital ratio
  • 17.63%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $27,002Average earning assets
  • $2,460Average equity
  • $24,349Average loans

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