FDIC Certificate #: 1973 Status: Active Federal Reserve ID: 595953 Bank Holding Company (Regulatory Top Holder): W.C. Edwards Holding Co., Inc. (RSSDID: 1989830, Location: Denton, MT) Date Established: June 01, 1929 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 #: 1328 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: Yes Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: January 01, 1934 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: 423 Broadway, Denton, MT 59430 County: Fergus 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: $18.7 mil Equity capital: $2.3 mil Deposits held in domestic offices: $16.0 mil Return on assets (ROA): 1.24% ($0.2 mil) Quarterly return on assets: 1.18% ($0.2 mil) Return on Equity (ROE): 10.31% ($0.2 mil) Quarterly return on equity: 9.64% ($0.2 mil) Net income: $0.2 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.24% ($231.9 mil) Quarterly Pretax return on assets: 1.18% ($220.6 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
7Total employees (full-time equivalent)
$18,698Total assets
$1,431Cash and due from depository institutions
$738Interest-bearing balances
$3,463Securities
$560Federal funds sold & reverse repurchase agreements
$12,024Net loans & leases
$256Loan loss allowance
$0Trading account assets
$77Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$18,698Life insurance assets
$1,143All other assets
$16,380Total liabilities and capital
$16,006Total liabilities
$12,329Total deposits
$16,006Interest-bearing deposits
$100Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$374Subordinated debt
$2,318All other liabilities
$2,318Total equity capital
$2,318Total bank equity capital
$0Perpetual preferred stock
$264Common stock
$1,161Surplus
$893Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$178Income earned, not collected on loans
$0Earning assets
$291Long-term assets (5+ years)
$16,785Average Assets, year-to-date
$1,618Average Assets, quarterly
$18,751Volatile liabilities
$18,960Insider loans
$13,542FHLB advances
$18,809Loans and leases held for sale
$754Unused loan commitments
$754Tier 1 (core) risk-based capital
$2,148Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,190Restructured Loans and leases
$322Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,061Total interest income
$118Total interest expense
$943Net interest income
$76Provision for loan and lease losses
$74Total noninterest income
$0Fiduciary activities
$32Service charges on deposit accounts
$0Trading account gains & fees
$42Additional noninterest income
$708Total noninterest expense
$426Salaries and employee benefits
$41Premises and equipment expense
$241Additional noninterest expense
$233Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$233Income before extraordinary items
$0Extraordinary gains - net
$233Net income attributable to bank
$0Net charge-offs
$233Cash dividends
$62Sale, conversion, retirement of capital stock, net
$233Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.24%Yield on earning assets
0.69%Cost of funding earning assets
5.54%Net interest margin
0.44%Noninterest income to earning assets
4.16%Noninterest expense to earning assets
1.24%Net operating income to assets
1.24%Return on assets (ROA)
1.24%Pretax return on assets
10.31%Return on equity (ROE)
0.00%Retained earnings to average equity (YTD only)
0.49%Net charge-offs to loans
122.58%Credit loss provision to net charge-offs
4.98%Efficiency ratio
69,617Assets per employee
2.67%Cash dividends to net income (YTD only)
Condition Ratios (%)
100.00%Loss allowance to loans
2.08%Loss allowance to noncurrent loans
143.82%Noncurrent assets plus other real estate owned to assets
0.95%Noncurrent loans to loans
1.45%Net loans and leases to deposits
75.12%Net loans and leases to core deposits
77.86%Equity capital to assets
12.40%Core capital (leverage) ratio
11.42%Tier 1 risk-based capital ratio
15.86%Total risk-based capital ratio
Memoranda
$17Average assets
$18,751Average earning assets
$2,259Average equity
$17,009Average loans
List of branches
1 Montana Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
1328
Farmers State Bank Of Denton, Montana
423 Broadway, Denton, MT 59430
June 01, 1929
Full Service Brick and Mortar
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