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

First Citizens Bank of Butte in Butte, Montana (MT)
Show street view No street view available for this location

First Citizens Bank of Butte routing number info

First Citizens Bank of Butte - Overview

General
FDIC Certificate #: 22502
Status: Active
Federal Reserve ID: 666358
Bank Holding Company (Regulatory Top Holder): Butte Bank Shares, Inc. (RSSDID: 2351247, Location: Butte, MT)
Date Established: July 27, 1977
WWW: http://www.fcbob.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 15691
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: July 27, 1977
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: 3220 Harrison Avenue, Butte, MT 59701
County: Silver Bow
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
Core Based Statistical Area (CBSA): Butte-Silver Bow, MT (#15580)
CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $71.3 mil
Equity capital: $6.6 mil
Deposits held in domestic offices: $58.7 mil
Return on assets (ROA): 1.22% ($0.9 mil)
Quarterly return on assets: 0.93% ($0.7 mil)
Return on Equity (ROE): 12.82% ($0.9 mil)
Quarterly return on equity: 9.76% ($0.7 mil)
Net income: $0.8 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: 1.22% ($869.4 mil)
Quarterly Pretax return on assets: 0.93% ($662.8 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
18Total employees (full-time equivalent)
$71,266Total assets
$17,202Cash and due from depository institutions
$14,409Interest-bearing balances
$9,680Securities
$0Federal funds sold & reverse repurchase agreements
$42,747Net loans & leases
$1,158Loan loss allowance
$0Trading account assets
$560Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$71,266Life insurance assets
$1,077All other assets
$64,678Total liabilities and capital
$58,667Total liabilities
$43,189Total deposits
$58,667Interest-bearing deposits
$95Deposits held in domestic offices
5326.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$412Trading liabilities
$0Other borrowed funds
$273Subordinated debt
$6,588All other liabilities
$6,588Total equity capital
$6,588Total bank equity capital
$0Perpetual preferred stock
$848Common stock
$4,003Surplus
$1,737Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$696Income earned, not collected on loans
$0Earning assets
$293Long-term assets (5+ years)
$66,836Average Assets, year-to-date
$4,958Average Assets, quarterly
$66,967Volatile liabilities
$69,039Insider loans
$38,633FHLB advances
$69,646Loans and leases held for sale
$255Unused loan commitments
$255Tier 1 (core) risk-based capital
$6,608Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$3,522Restructured Loans and leases
$1,049Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$3,111Total interest income
$518Total interest expense
$2,593Net interest income
$0Provision for loan and lease losses
$276Total noninterest income
$0Fiduciary activities
$171Service charges on deposit accounts
$0Trading account gains & fees
$105Additional noninterest income
$2,054Total noninterest expense
$1,326Salaries and employee benefits
$171Premises and equipment expense
$557Additional noninterest expense
$815Pre-tax net operating income
$2Securities gains (losses)
$0Applicable income taxes
$817Income before extraordinary items
$0Extraordinary gains - net
$817Net income attributable to bank
$0Net charge-offs
$817Cash dividends
$246Sale, conversion, retirement of capital stock, net
$247Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.94%Yield on earning assets
0.82%Cost of funding earning assets
4.11%Net interest margin
0.44%Noninterest income to earning assets
3.26%Noninterest expense to earning assets
1.22%Net operating income to assets
1.22%Return on assets (ROA)
1.22%Pretax return on assets
12.82%Return on equity (ROE)
8.95%Retained earnings to average equity (YTD only)
0.55%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
3.31%Efficiency ratio
71,593Assets per employee
3.96%Cash dividends to net income (YTD only)
Condition Ratios (%)
30.23%Loss allowance to loans
2.64%Loss allowance to noncurrent loans
166.38%Noncurrent assets plus other real estate owned to assets
0.98%Noncurrent loans to loans
1.59%Net loans and leases to deposits
72.86%Net loans and leases to core deposits
74.97%Equity capital to assets
9.24%Core capital (leverage) ratio
9.49%Tier 1 risk-based capital ratio
17.10%Total risk-based capital ratio
Memoranda
$18Average assets
$66,967Average earning assets
$6,371Average equity
$63,033Average loans

List of branches

2 Montana Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	15691	First Citizens Bank Of Butte	3220 Harrison Avenue, Butte, MT 59701	July 27, 1977	Full Service Brick and Mortar
1	254793	Butte Branch	3701 Elizabeth Warren Boulevard, Butte, MT 59701	July 16, 1998	Limited Service Facility

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

First Citizens Bank of Butte - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

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

First Citizens Bank of Butte - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

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