First Citizens Bank of Billings in city_name, state_name - Detailed Financial Reports, Location

First Citizens Bank of Billings in Billings, Montana (MT)
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First Citizens Bank of Billings - Overview

General
FDIC Certificate #: 19964
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Western Security Bank (#57248)
Federal Reserve ID: 656555
Date Established: June 02, 1969
WWW: http://www.1stcitizens.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Interstate: No)
FDIC's unique #: 13707
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: Yes
Date of Deposit Insurance: June 02, 1969
Last Structure Change Effective Date: January 27, 2007
Last Structure Change Process Date: Febuary 21, 2007
Last Data Update: Febuary 21, 2007
Data Source Date: April 05, 2012
Location
Address: 2812 First Avenue North, Billings, MT 59101
County: Yellowstone
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): Billings, MT (#880)
Core Based Statistical Area (CBSA): Billings, MT (#13740)
CBSA Metro Statistical Area: Billings, MT (#13740)
Financial Summary
Total assets: $185.4 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, 2006)

Dollar figures in thousands
61Total employees (full-time equivalent)
$185,352Total assets
$10,233Cash and due from depository institutions
$100Interest-bearing balances
$7,295Securities
$13,740Federal funds sold & reverse repurchase agreements
$126,359Net loans & leases
$2,576Loan loss allowance
$0Trading account assets
$6,997Bank premises and fixed assets
$550Other real estate owned
$18,876Goodwill and other intangibles
$175Life insurance assets
$1,302All other assets
$185,352Total liabilities and capital
$153,619Total liabilities
$145,087Total deposits
$92,133Interest-bearing deposits
$145,087Deposits held in domestic offices
0.00%% insured (estimated)
$6,344Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$2,188All other liabilities
$31,733Total equity capital
$31,733Total bank equity capital
$31,733Perpetual preferred stock
$0Common stock
$1,275Surplus
$29,685Undivided profits
Memoranda
$773Noncurrent loans and leases
$28,675Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,215Earning assets
$0Long-term assets (5+ years)
$733Average Assets, year-to-date
$147,494Average Assets, quarterly
$5,942Volatile liabilities
$173,999Insider loans
$178,109FHLB advances
$18,940Loans and leases held for sale
$656Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$28,675Total unused commitments
$0Restructured Loans and leases
$1,637Derivatives

Income and Expense (December 31, 2006)

Dollar figures in thousands
$3,092Total interest income
$801Total interest expense
$2,291Net interest income
$0Provision for loan and lease losses
$234Total noninterest income
$0Fiduciary activities
$173Service charges on deposit accounts
$0Trading account gains & fees
$61Additional noninterest income
$1,201Total noninterest expense
$554Salaries and employee benefits
$151Premises and equipment expense
$496Additional noninterest expense
$1,324Pre-tax net operating income
$0Securities gains (losses)
$551Applicable income taxes
$773Income before extraordinary items
$0Extraordinary gains - net
$773Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$662Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2006)

Dollar figures in thousands
Performance Ratios (%, annualized)
2.03%Yield on earning assets
0.53%Cost of funding earning assets
1.50%Net interest margin
0.15%Noninterest income to earning assets
0.79%Noninterest expense to earning assets
0.44%Net operating income to assets
0.44%Return on assets (ROA)
0.76%Pretax return on assets
4.38%Return on equity (ROE)
4.38%Retained earnings to average equity (YTD only)
0.53%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
2.00%Efficiency ratio
41,901Assets per employee
3.04%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.00%Loss allowance to noncurrent loans
212.02%Noncurrent assets plus other real estate owned to assets
0.66%Noncurrent loans to loans
0.94%Net loans and leases to deposits
87.09%Net loans and leases to core deposits
95.37%Equity capital to assets
17.12%Core capital (leverage) ratio
8.34%Tier 1 risk-based capital ratio
9.89%Total risk-based capital ratio
Memoranda
$11Average assets
$173,999Average earning assets
$17,654Average equity
$152,464Average loans

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

First Citizens Bank of Billings - Overview

Assets and Liabilities (December 31, 2006)

Income and Expense (December 31, 2006)

Performance and Condition Ratios (December 31, 2006)

Comment about this bank, ask questions, or add new information about it:

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

First Citizens Bank of Billings - Overview

Assets and Liabilities (December 31, 2006)

Income and Expense (December 31, 2006)

Performance and Condition Ratios (December 31, 2006)

Comment about this bank, ask questions, or add new information about it:

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