Mountain West Bank of Kalispell, National Association - Overview
General
FDIC Certificate #: 26972 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Mountain West Bank, National Association (#33314) Federal Reserve ID: 610155 Date Established: May 18, 1987 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 2 (Interstate: No) OTS Docket #: 9940 FDIC's unique #: 36387 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: May 18, 1987 Last Structure Change Effective Date: April 04, 2009 Last Structure Change Process Date: May 20, 2009 Last Data Update: May 20, 2009 Data Source Date: April 05, 2012
Location
Address: 444 West Idaho, 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: $118.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2008)
Dollar figures in thousands
37Total employees (full-time equivalent)
$120,461Total assets
$5,258Cash and due from depository institutions
$3,092Interest-bearing balances
$10,173Securities
$0Federal funds sold & reverse repurchase agreements
$99,231Net loans & leases
$1,559Loan loss allowance
$0Trading account assets
$4,052Bank premises and fixed assets
$41Other real estate owned
$15Goodwill and other intangibles
$0Life insurance assets
$1,691All other assets
$120,462Total liabilities and capital
$110,363Total liabilities
$94,481Total deposits
$83,289Interest-bearing deposits
$94,481Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$14,928Other borrowed funds
$0Subordinated debt
$954All other liabilities
$10,099Total equity capital
$10,099Total bank equity capital
$10,099Perpetual preferred stock
$0Common stock
$988Surplus
$1,529Undivided profits
Memoranda
$7,582Noncurrent loans and leases
$18,496Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,108Earning assets
$0Long-term assets (5+ years)
$567Average Assets, year-to-date
$112,496Average Assets, quarterly
$11,925Volatile liabilities
$119,563Insider loans
$119,700FHLB advances
$37,410Loans and leases held for sale
$2,012Unused loan commitments
$14,928Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$18,496Total unused commitments
$0Restructured Loans and leases
$1,330Derivatives
Income and Expense (December 31, 2008)
Dollar figures in thousands
$8,269Total interest income
$3,598Total interest expense
$4,671Net interest income
$818Provision for loan and lease losses
$1,004Total noninterest income
$0Fiduciary activities
$578Service charges on deposit accounts
$0Trading account gains & fees
$426Additional noninterest income
$4,027Total noninterest expense
$1,784Salaries and employee benefits
$553Premises and equipment expense
$1,690Additional noninterest expense
$830Pre-tax net operating income
$0Securities gains (losses)
$317Applicable income taxes
$513Income before extraordinary items
$0Extraordinary gains - net
$513Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$389Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2008)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.45%Yield on earning assets
3.24%Cost of funding earning assets
4.21%Net interest margin
0.90%Noninterest income to earning assets
3.63%Noninterest expense to earning assets
0.43%Net operating income to assets
0.43%Return on assets (ROA)
0.69%Pretax return on assets
5.23%Return on equity (ROE)
5.23%Retained earnings to average equity (YTD only)
0.38%Net charge-offs to loans
210.28%Credit loss provision to net charge-offs
4.24%Efficiency ratio
70,960Assets per employee
3.26%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.55%Loss allowance to noncurrent loans
140.70%Noncurrent assets plus other real estate owned to assets
0.95%Noncurrent loans to loans
1.10%Net loans and leases to deposits
105.03%Net loans and leases to core deposits
165.19%Equity capital to assets
8.38%Core capital (leverage) ratio
8.22%Tier 1 risk-based capital ratio
9.46%Total risk-based capital ratio
Memoranda
$11Average assets
$119,563Average earning assets
$9,810Average equity
$110,955Average loans
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Mountain West Bank of Kalispell, National Association
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