FDIC Certificate #: 1113 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Stockman Bank of Montana (#16191) Federal Reserve ID: 535454 Date Established: January 06, 1906 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Interstate: No) FDIC's unique #: 756 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: January 01, 1934 Last Structure Change Effective Date: September 24, 1999 Last Structure Change Process Date: November 08, 1999 Last Data Update: November 08, 1999 Data Source Date: April 05, 2012
Location
Address: Main Street, Terry, MT 59349 County: Prairie 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: $38.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
10Total employees (full-time equivalent)
$39,358Total assets
$1,253Cash and due from depository institutions
$0Interest-bearing balances
$10,043Securities
$8,600Federal funds sold & reverse repurchase agreements
$18,512Net loans & leases
$525Loan loss allowance
$0Trading account assets
$168Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$782All other assets
$39,358Total liabilities and capital
$33,639Total liabilities
$33,382Total deposits
$28,693Interest-bearing deposits
$33,382Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$257All other liabilities
$5,719Total equity capital
$5,719Total bank equity capital
$5,719Perpetual preferred stock
$0Common stock
$480Surplus
$1,600Undivided profits
Memoranda
$3,639Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$402Earning assets
$0Long-term assets (5+ years)
$616Average Assets, year-to-date
$37,155Average Assets, quarterly
$2,912Volatile liabilities
$38,152Insider loans
$38,291FHLB advances
$4,457Loans and leases held for sale
$34Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,749Total unused commitments
$0Restructured Loans and leases
$22,625Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$2,784Total interest income
$1,325Total interest expense
$1,459Net interest income
$40Provision for loan and lease losses
$110Total noninterest income
$0Fiduciary activities
$84Service charges on deposit accounts
$0Trading account gains & fees
$26Additional noninterest income
$760Total noninterest expense
$477Salaries and employee benefits
$92Premises and equipment expense
$191Additional noninterest expense
$769Pre-tax net operating income
$4Securities gains (losses)
$284Applicable income taxes
$489Income before extraordinary items
$0Extraordinary gains - net
$489Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$40Sale, conversion, retirement of capital stock, net
$96Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.83%Yield on earning assets
3.73%Cost of funding earning assets
4.11%Net interest margin
0.31%Noninterest income to earning assets
2.14%Noninterest expense to earning assets
1.28%Net operating income to assets
1.28%Return on assets (ROA)
2.03%Pretax return on assets
8.89%Return on equity (ROE)
7.14%Retained earnings to average equity (YTD only)
0.20%Net charge-offs to loans
100.00%Credit loss provision to net charge-offs
20.23%Efficiency ratio
48,438Assets per employee
3.94%Cash dividends to net income (YTD only)
Condition Ratios (%)
19.63%Loss allowance to loans
2.76%Loss allowance to noncurrent loans
130.60%Noncurrent assets plus other real estate owned to assets
1.02%Noncurrent loans to loans
2.11%Net loans and leases to deposits
55.46%Net loans and leases to core deposits
64.00%Equity capital to assets
14.53%Core capital (leverage) ratio
14.54%Tier 1 risk-based capital ratio
25.17%Total risk-based capital ratio
Memoranda
$26Average assets
$38,152Average earning assets
$5,504Average equity
$35,539Average loans
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