FDIC Certificate #: 34054 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Montana Bank, Inc. (#363) Federal Reserve ID: 2332545 Date Established: September 05, 1995 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) FDIC's unique #: 56133 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: September 05, 1995 Last Structure Change Effective Date: January 01, 1998 Last Structure Change Process Date: Febuary 09, 1998 Last Data Update: Febuary 09, 1998 Data Source Date: April 05, 2012
Location
Address: 1940 Dewey Boulevard, 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
Financial Summary
Total assets: $28.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
14Total employees (full-time equivalent)
$28,408Total assets
$3,652Cash and due from depository institutions
$2,526Interest-bearing balances
$4,164Securities
$0Federal funds sold & reverse repurchase agreements
$19,904Net loans & leases
$107Loan loss allowance
$0Trading account assets
$421Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$267All other assets
$28,408Total liabilities and capital
$26,143Total liabilities
$25,914Total deposits
$21,790Interest-bearing deposits
$25,914Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$229All other liabilities
$2,265Total equity capital
$2,265Total bank equity capital
$2,265Perpetual preferred stock
$0Common stock
$1,500Surplus
$1,000Undivided profits
Memoranda
$-235Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$828Earning assets
$828Long-term assets (5+ years)
$125Average Assets, year-to-date
$26,594Average Assets, quarterly
$378Volatile liabilities
$23,563Insider loans
$27,228FHLB advances
$2,753Loans and leases held for sale
$17Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$556Total risk weighted assets
$1,596Total unused commitments
$0Restructured Loans and leases
$19,956Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$2,074Total interest income
$952Total interest expense
$1,122Net interest income
$60Provision for loan and lease losses
$383Total noninterest income
$0Fiduciary activities
$114Service charges on deposit accounts
$0Trading account gains & fees
$269Additional noninterest income
$1,297Total noninterest expense
$657Salaries and employee benefits
$190Premises and equipment expense
$450Additional noninterest expense
$148Pre-tax net operating income
$0Securities gains (losses)
$60Applicable income taxes
$88Income before extraordinary items
$0Extraordinary gains - net
$88Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$28Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.38%Yield on earning assets
4.30%Cost of funding earning assets
5.07%Net interest margin
1.73%Noninterest income to earning assets
5.86%Noninterest expense to earning assets
0.37%Net operating income to assets
0.37%Return on assets (ROA)
0.63%Pretax return on assets
4.02%Return on equity (ROE)
4.02%Retained earnings to average equity (YTD only)
0.17%Net charge-offs to loans
214.29%Credit loss provision to net charge-offs
7.43%Efficiency ratio
86,179Assets per employee
2.03%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.53%Loss allowance to noncurrent loans
12.92%Noncurrent assets plus other real estate owned to assets
2.91%Noncurrent loans to loans
4.14%Net loans and leases to deposits
76.81%Net loans and leases to core deposits
85.94%Equity capital to assets
7.97%Core capital (leverage) ratio
7.81%Tier 1 risk-based capital ratio
11.30%Total risk-based capital ratio
Memoranda
$12Average assets
$23,563Average earning assets
$2,189Average equity
$22,115Average loans
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