FDIC Certificate #: 20646 Status: Active Federal Reserve ID: 651457 Bank Holding Company (Regulatory Top Holder): Milk River Banquo, Inc. (RSSDID: 2807100, Location: Malta, MT) Date Established: April 03, 1972 WWW:http://www.firstsecuritymalta.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 13044 FDIC's unique #: 14252 Numeric code: 13 Regulator: FED Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Agricultural lending institution: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: April 03, 1972 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: 130 South First East, Malta, MT 59538 County: Phillips 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
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $36.9 mil Equity capital: $3.0 mil Deposits held in domestic offices: $32.6 mil Return on assets (ROA): 0.70% ($0.3 mil) Quarterly return on assets: 0.60% ($0.2 mil) Return on Equity (ROE): 8.16% ($0.2 mil) Quarterly return on equity: 7.01% ($0.2 mil) Net income: $0.2 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.09% ($402.1 mil) Quarterly Pretax return on assets: 0.92% ($339.4 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
13Total employees (full-time equivalent)
$36,889Total assets
$6,595Cash and due from depository institutions
$4,509Interest-bearing balances
$6,413Securities
$5,000Federal funds sold & reverse repurchase agreements
$18,266Net loans & leases
$299Loan loss allowance
$0Trading account assets
$151Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$36,889Life insurance assets
$464All other assets
$33,851Total liabilities and capital
$32,604Total liabilities
$27,905Total deposits
$32,604Interest-bearing deposits
$95Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$1,033Trading liabilities
$0Other borrowed funds
$214Subordinated debt
$3,038All other liabilities
$3,038Total equity capital
$3,038Total bank equity capital
$0Perpetual preferred stock
$270Common stock
$2,230Surplus
$538Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$157Income earned, not collected on loans
$0Earning assets
$193Long-term assets (5+ years)
$34,188Average Assets, year-to-date
$6,061Average Assets, quarterly
$34,704Volatile liabilities
$35,606Insider loans
$21,245FHLB advances
$35,056Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$2,896Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$4,231Restructured Loans and leases
$317Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,909Total interest income
$426Total interest expense
$1,483Net interest income
$18Provision for loan and lease losses
$271Total noninterest income
$0Fiduciary activities
$131Service charges on deposit accounts
$0Trading account gains & fees
$140Additional noninterest income
$1,358Total noninterest expense
$806Salaries and employee benefits
$103Premises and equipment expense
$449Additional noninterest expense
$378Pre-tax net operating income
$0Securities gains (losses)
$135Applicable income taxes
$243Income before extraordinary items
$0Extraordinary gains - net
$243Net income attributable to bank
$0Net charge-offs
$243Cash dividends
-$1Sale, conversion, retirement of capital stock, net
$120Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.06%Yield on earning assets
1.35%Cost of funding earning assets
4.71%Net interest margin
0.86%Noninterest income to earning assets
4.31%Noninterest expense to earning assets
0.70%Net operating income to assets
0.70%Return on assets (ROA)
1.09%Pretax return on assets
8.16%Return on equity (ROE)
4.13%Retained earnings to average equity (YTD only)
-0.01%Net charge-offs to loans
-1800.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
77,423Assets per employee
2.84%Cash dividends to net income (YTD only)
Condition Ratios (%)
49.38%Loss allowance to loans
1.61%Loss allowance to noncurrent loans
190.45%Noncurrent assets plus other real estate owned to assets
0.43%Noncurrent loans to loans
0.85%Net loans and leases to deposits
56.02%Net loans and leases to core deposits
56.73%Equity capital to assets
8.24%Core capital (leverage) ratio
8.26%Tier 1 risk-based capital ratio
13.63%Total risk-based capital ratio
Memoranda
$15Average assets
$34,704Average earning assets
$2,977Average equity
$31,514Average loans
List of branches
1 Montana Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
14252
First Security Bank Of Malta
130 South First East, Malta, MT 59538
April 03, 1972
Full Service Brick and Mortar
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with First Security Bank of Malta.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: