Mountain West Bank of Great Falls, National Association - Overview
General
FDIC Certificate #: 34081 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Mountain West Bank, National Association (#33314) Federal Reserve ID: 2352561 Date Established: November 01, 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) OTS Docket #: 14517 FDIC's unique #: 56218 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: November 01, 1995 Last Structure Change Effective Date: January 01, 1998 Last Structure Change Process Date: January 15, 1998 Last Data Update: January 15, 1998 Data Source Date: April 05, 2012
Location
Address: 12 Third Street, N.W., Great Falls, MT 59403 County: Cascade 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 Metropolitan Statistical Area (MSA): Great Falls, MT (#3040) Core Based Statistical Area (CBSA): Great Falls, MT (#24500) CBSA Metro Statistical Area: Great Falls, MT (#24500)
Financial Summary
Total assets: $50.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
22Total employees (full-time equivalent)
$50,441Total assets
$8,396Cash and due from depository institutions
$5,740Interest-bearing balances
$3,350Securities
$3,320Federal funds sold & reverse repurchase agreements
$33,643Net loans & leases
$423Loan loss allowance
$0Trading account assets
$278Bank premises and fixed assets
$124Other real estate owned
$23Goodwill and other intangibles
$0Life insurance assets
$1,306All other assets
$50,441Total liabilities and capital
$46,992Total liabilities
$46,449Total deposits
$39,950Interest-bearing deposits
$46,449Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$543All other liabilities
$3,449Total equity capital
$3,449Total bank equity capital
$3,449Perpetual preferred stock
$0Common stock
$1,750Surplus
$1,750Undivided profits
Memoranda
$-51Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$115Earning assets
$0Long-term assets (5+ years)
$266Average Assets, year-to-date
$46,053Average Assets, quarterly
$4,379Volatile liabilities
$46,077Insider loans
$49,875FHLB advances
$8,814Loans and leases held for sale
$2,594Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$836Total risk weighted assets
$7,277Total unused commitments
$0Restructured Loans and leases
$34,405Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$3,973Total interest income
$1,880Total interest expense
$2,093Net interest income
$320Provision for loan and lease losses
$554Total noninterest income
$0Fiduciary activities
$245Service charges on deposit accounts
$0Trading account gains & fees
$309Additional noninterest income
$1,787Total noninterest expense
$727Salaries and employee benefits
$376Premises and equipment expense
$684Additional noninterest expense
$540Pre-tax net operating income
$0Securities gains (losses)
$155Applicable income taxes
$385Income before extraordinary items
$0Extraordinary gains - net
$385Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$113Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.36%Yield on earning assets
4.43%Cost of funding earning assets
4.93%Net interest margin
1.31%Noninterest income to earning assets
4.21%Noninterest expense to earning assets
0.84%Net operating income to assets
0.84%Return on assets (ROA)
1.17%Pretax return on assets
11.84%Return on equity (ROE)
11.84%Retained earnings to average equity (YTD only)
0.34%Net charge-offs to loans
283.19%Credit loss provision to net charge-offs
7.61%Efficiency ratio
66,944Assets per employee
2.29%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.24%Loss allowance to noncurrent loans
367.83%Noncurrent assets plus other real estate owned to assets
0.47%Noncurrent loans to loans
0.34%Net loans and leases to deposits
72.43%Net loans and leases to core deposits
89.39%Equity capital to assets
6.84%Core capital (leverage) ratio
6.93%Tier 1 risk-based capital ratio
9.96%Total risk-based capital ratio
Memoranda
$11Average assets
$46,077Average earning assets
$3,251Average equity
$42,446Average loans
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Mountain West Bank of Great Falls, National Association
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