Glacier Bank of Eureka in Eureka, Montana (MT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 01, 2001

Glacier Bank of Eureka in Eureka, Montana (MT)
Show street view No street view available for this location

Glacier Bank of Eureka - Overview

General
FDIC Certificate #: 19247
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Glacier Bank of Whitefish (#2204)
Federal Reserve ID: 641654
Date Established: October 05, 1964
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 1 (Interstate: No)
OTS Docket #: 10446
FDIC's unique #: 13062
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: October 05, 1964
Last Structure Change Effective Date: August 01, 2001
Last Structure Change Process Date: November 08, 2001
Last Data Update: November 08, 2001
Data Source Date: April 05, 2012
Location
Address: 222 Dewey Avenue, Eureka, MT 59917
County: Lincoln
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
Financial Summary
Total assets: $31.8 mil

1992 - 1999 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, 2000)

Dollar figures in thousands
10Total employees (full-time equivalent)
$30,576Total assets
$421Cash and due from depository institutions
$13Interest-bearing balances
$9,041Securities
$0Federal funds sold & reverse repurchase agreements
$20,291Net loans & leases
$304Loan loss allowance
$0Trading account assets
$550Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$273All other assets
$30,576Total liabilities and capital
$27,174Total liabilities
$19,286Total deposits
$15,945Interest-bearing deposits
$19,286Deposits held in domestic offices
0.00%% insured (estimated)
$250Federal funds purchased & repurchase agreements
$0Trading liabilities
$7,420Other borrowed funds
$0Subordinated debt
$218All other liabilities
$3,402Total equity capital
$3,402Total bank equity capital
$3,402Perpetual preferred stock
$0Common stock
$500Surplus
$2,500Undivided profits
Memoranda
$402Noncurrent loans and leases
$1,763Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$93Earning assets
$0Long-term assets (5+ years)
$120Average Assets, year-to-date
$29,345Average Assets, quarterly
$13,172Volatile liabilities
$29,756Insider loans
$30,779FHLB advances
$9,833Loans and leases held for sale
$82Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,763Total unused commitments
$0Restructured Loans and leases
$271Derivatives

Income and Expense (December 31, 2000)

Dollar figures in thousands
$2,381Total interest income
$995Total interest expense
$1,386Net interest income
$24Provision for loan and lease losses
$278Total noninterest income
$0Fiduciary activities
$143Service charges on deposit accounts
$0Trading account gains & fees
$135Additional noninterest income
$956Total noninterest expense
$364Salaries and employee benefits
$67Premises and equipment expense
$525Additional noninterest expense
$684Pre-tax net operating income
$26Securities gains (losses)
$199Applicable income taxes
$511Income before extraordinary items
$0Extraordinary gains - net
$511Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$7Sale, conversion, retirement of capital stock, net
$500Net operating income

Performance and Condition Ratios (December 31, 2000)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.48%Yield on earning assets
3.55%Cost of funding earning assets
4.94%Net interest margin
0.99%Noninterest income to earning assets
3.41%Noninterest expense to earning assets
1.65%Net operating income to assets
1.72%Return on assets (ROA)
2.39%Pretax return on assets
16.24%Return on equity (ROE)
0.35%Retained earnings to average equity (YTD only)
0.04%Net charge-offs to loans
342.86%Credit loss provision to net charge-offs
101.14%Efficiency ratio
57,452Assets per employee
3.06%Cash dividends to net income (YTD only)
Condition Ratios (%)
97.85%Loss allowance to loans
1.48%Loss allowance to noncurrent loans
326.88%Noncurrent assets plus other real estate owned to assets
0.30%Noncurrent loans to loans
0.45%Net loans and leases to deposits
105.21%Net loans and leases to core deposits
118.50%Equity capital to assets
11.13%Core capital (leverage) ratio
10.84%Tier 1 risk-based capital ratio
15.49%Total risk-based capital ratio
Memoranda
$17Average assets
$29,756Average earning assets
$3,147Average equity
$28,064Average loans

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 Glacier Bank of Eureka.
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.