First Interstate Bank of Montana, National Association in Kalispell, Montana (MT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 21, 1997

First Interstate Bank of Montana, National Association in Kalispell, Montana (MT)
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First Interstate Bank of Montana, National Association - Overview

General
FDIC Certificate #: 2189
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Interstate Bank (#1105)
Federal Reserve ID: 609953
Date Established: April 15, 1891
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 4 (Interstate: No)
FDIC's unique #: 1449
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: June 21, 1997
Last Structure Change Process Date: July 01, 1997
Last Data Update: July 01, 1997
Data Source Date: April 05, 2012
Location
Address: 2 Main Street, Kalispell, MT 59901
County: Flathead
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): Kalispell, MT (#28060)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $284.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$93Total assets
$293,648Cash and due from depository institutions
$38,087Interest-bearing balances
$0Securities
$51,135Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$178,792Loan loss allowance
$3,152Trading account assets
$0Bank premises and fixed assets
$8,565Other real estate owned
$173Goodwill and other intangibles
$5,804Life insurance assets
$11,092All other assets
$0Total liabilities and capital
$293,648Total liabilities
$258,595Total deposits
$192,781Interest-bearing deposits
$134,389Deposits held in domestic offices
192781.00%% insured (estimated)
$79Federal funds purchased & repurchase agreements
$64,309Trading liabilities
$0Other borrowed funds
$3Subordinated debt
$0All other liabilities
$1,502Total equity capital
$1,502Total bank equity capital
$35,053Perpetual preferred stock
$0Common stock
$6,646Surplus
$27,977Undivided profits
Memoranda
$430Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$390Income earned, not collected on loans
$1,445Earning assets
$229,927Long-term assets (5+ years)
$68,414Average Assets, year-to-date
$276,492Average Assets, quarterly
$285,962Volatile liabilities
$70,519Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$23,641Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$23,959Total risk weighted assets
$196,797Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$4,778Total interest expense
$1,937Net interest income
$2,841Provision for loan and lease losses
$500Total noninterest income
$548Fiduciary activities
$78Service charges on deposit accounts
$253Trading account gains & fees
$0Additional noninterest income
$217Total noninterest expense
$2,174Salaries and employee benefits
$754Premises and equipment expense
$285Additional noninterest expense
$1,135Pre-tax net operating income
$715Securities gains (losses)
$0Applicable income taxes
$287Income before extraordinary items
$428Extraordinary gains - net
$0Net income attributable to bank
$428Net charge-offs
$331Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
2.06%Cost of funding earning assets
0.84%Net interest margin
1.23%Noninterest income to earning assets
0.24%Noninterest expense to earning assets
0.94%Net operating income to assets
0.15%Return on assets (ROA)
0.15%Pretax return on assets
0.26%Return on equity (ROE)
1.46%Retained earnings to average equity (YTD only)
1.46%Net charge-offs to loans
0.17%Credit loss provision to net charge-offs
151.06%Efficiency ratio
57,657Assets per employee
3.16%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.73%Loss allowance to noncurrent loans
808.21%Noncurrent assets plus other real estate owned to assets
0.19%Noncurrent loans to loans
0.21%Net loans and leases to deposits
92.74%Net loans and leases to core deposits
95.83%Equity capital to assets
11.94%Core capital (leverage) ratio
8.48%Tier 1 risk-based capital ratio
12.17%Total risk-based capital ratio
Memoranda
$13Average assets
$276,492Average earning assets
$29,285Average equity
$231,471Average loans

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