First Citizens Bank of Polson, National Association - Overview
General
FDIC Certificate #: 21478 Status: Active Federal Reserve ID: 620752 Bank Holding Company (Regulatory Top Holder): Flathead Lake Bancorporation, Inc. (RSSDID: 1128330, Location: Polson, MT) Date Established: March 05, 1974 WWW:http://www.thehometownbank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 12088 FDIC's unique #: 14855 Numeric code: 3 Regulator: OCC 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: No Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: March 05, 1974 Last Structure Change Effective Date: August 23, 2006 Last Structure Change Process Date: November 08, 2006 Last Data Update: November 08, 2006 Data Source Date: April 05, 2012
Location
Address: 213 First Street West, Polson, MT 59860 County: Lake 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
Name Change
Change in Primary Regulatory Agency
Change in Supervisory Agency
Financial Summary
Total assets: $23.9 mil Equity capital: $3.0 mil Deposits held in domestic offices: $20.9 mil Return on assets (ROA): -1.21% (-$0.3 mil) Quarterly return on assets: 0.87% ($0.2 mil) Return on Equity (ROE): -10.45% (-$0.3 mil) Quarterly return on equity: 7.07% ($0.2 mil) Net income: -$0.3 mil Quarterly Net income: $0.1 mil Pretax return on assets: -1.93% (-$461.9 mil) Quarterly Pretax return on assets: -0.80% (-$191.5 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
12Total employees (full-time equivalent)
$23,932Total assets
$1,387Cash and due from depository institutions
$298Interest-bearing balances
$1,002Securities
$2,630Federal funds sold & reverse repurchase agreements
$13,694Net loans & leases
$666Loan loss allowance
$0Trading account assets
$1,074Bank premises and fixed assets
$3,308Other real estate owned
$0Goodwill and other intangibles
$23,932Life insurance assets
$837All other assets
$20,908Total liabilities and capital
$20,888Total liabilities
$13,938Total deposits
$20,888Interest-bearing deposits
$90Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$20Subordinated debt
$3,024All other liabilities
$3,024Total equity capital
$3,024Total bank equity capital
$0Perpetual preferred stock
$500Common stock
$2,560Surplus
$-36Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,644Income earned, not collected on loans
$0Earning assets
$10Long-term assets (5+ years)
$17,624Average Assets, year-to-date
$5,395Average Assets, quarterly
$25,485Volatile liabilities
$24,494Insider loans
$17,364FHLB advances
$25,458Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$2,944Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$984Restructured Loans and leases
$17Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$958Total interest income
$107Total interest expense
$851Net interest income
$86Provision for loan and lease losses
-$121Total noninterest income
$0Fiduciary activities
$165Service charges on deposit accounts
$0Trading account gains & fees
-$286Additional noninterest income
$1,136Total noninterest expense
$508Salaries and employee benefits
$178Premises and equipment expense
$450Additional noninterest expense
-$492Pre-tax net operating income
$0Securities gains (losses)
-$184Applicable income taxes
-$308Income before extraordinary items
$0Extraordinary gains - net
-$308Net income attributable to bank
$0Net charge-offs
-$308Cash dividends
$285Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.02%Yield on earning assets
0.56%Cost of funding earning assets
4.46%Net interest margin
-0.63%Noninterest income to earning assets
5.96%Noninterest expense to earning assets
-1.21%Net operating income to assets
-1.21%Return on assets (ROA)
-1.93%Pretax return on assets
-10.45%Return on equity (ROE)
-10.45%Retained earnings to average equity (YTD only)
1.79%Net charge-offs to loans
30.18%Credit loss provision to net charge-offs
-1.42%Efficiency ratio
155,616Assets per employee
1.99%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
4.64%Loss allowance to noncurrent loans
25.19%Noncurrent assets plus other real estate owned to assets
24.87%Noncurrent loans to loans
18.41%Net loans and leases to deposits
65.56%Net loans and leases to core deposits
76.79%Equity capital to assets
12.64%Core capital (leverage) ratio
11.56%Tier 1 risk-based capital ratio
16.95%Total risk-based capital ratio
Memoranda
$18Average assets
$25,485Average earning assets
$2,949Average equity
$19,066Average loans
List of branches
1 Montana Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
14855
First Citizens Bank Of Polson, National Association
213 First Street West, Polson, MT 59860
March 05, 1974
Full Service Brick and Mortar
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First Citizens Bank of Polson, National Association
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