Stockman Bank of Billings in Billings, Montana (MT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 11, 1997

Stockman Bank of Billings in Billings, Montana (MT)
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Stockman Bank of Billings - Overview

General
FDIC Certificate #: 34044
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Stockman Bank of Montana (#16191)
Federal Reserve ID: 2319573
Date Established: July 14, 1995
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 56022
Numeric code: 21
Regulator: FDIC
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: July 14, 1995
Last Structure Change Effective Date: July 11, 1997
Last Structure Change Process Date: August 13, 1997
Last Data Update: August 13, 1997
Data Source Date: April 05, 2012
Location
Address: 2700 King Avenue West, Billings, MT 59108
County: Yellowstone
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): Billings, MT (#880)
Core Based Statistical Area (CBSA): Billings, MT (#13740)
CBSA Metro Statistical Area: Billings, MT (#13740)
Financial Summary
Total assets: $32.7 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$18Total assets
$42,596Cash and due from depository institutions
$4,098Interest-bearing balances
$2,250Securities
$10,493Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$26,424Loan loss allowance
$218Trading account assets
$0Bank premises and fixed assets
$1,016Other real estate owned
$0Goodwill and other intangibles
$565Life insurance assets
$0All other assets
$0Total liabilities and capital
$42,596Total liabilities
$39,380Total deposits
$37,083Interest-bearing deposits
$31,605Deposits held in domestic offices
37083.00%% insured (estimated)
$92Federal funds purchased & repurchase agreements
$1,793Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$504Total equity capital
$504Total bank equity capital
$3,216Perpetual preferred stock
$0Common stock
$1,000Surplus
$2,000Undivided profits
Memoranda
$216Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$156Income earned, not collected on loans
$388Earning assets
$39,167Long-term assets (5+ years)
$977Average Assets, year-to-date
$39,405Average Assets, quarterly
$42,352Volatile liabilities
$5,655Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$9,631Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$3,170Total risk weighted assets
$29,655Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$3,003Total interest expense
$1,443Net interest income
$1,560Provision for loan and lease losses
$100Total noninterest income
$290Fiduciary activities
$0Service charges on deposit accounts
$215Trading account gains & fees
$0Additional noninterest income
$75Total noninterest expense
$1,689Salaries and employee benefits
$692Premises and equipment expense
$408Additional noninterest expense
$589Pre-tax net operating income
$61Securities gains (losses)
$2Applicable income taxes
$24Income before extraordinary items
$39Extraordinary gains - net
$0Net income attributable to bank
$39Net charge-offs
$65Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.39%Cost of funding earning assets
4.03%Net interest margin
4.36%Noninterest income to earning assets
0.81%Noninterest expense to earning assets
4.72%Net operating income to assets
0.10%Return on assets (ROA)
0.10%Pretax return on assets
0.16%Return on equity (ROE)
1.33%Retained earnings to average equity (YTD only)
1.33%Net charge-offs to loans
0.30%Credit loss provision to net charge-offs
153.85%Efficiency ratio
91,297Assets per employee
2.37%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.82%Loss allowance to noncurrent loans
139.74%Noncurrent assets plus other real estate owned to assets
0.37%Noncurrent loans to loans
0.59%Net loans and leases to deposits
71.26%Net loans and leases to core deposits
79.54%Equity capital to assets
7.55%Core capital (leverage) ratio
7.29%Tier 1 risk-based capital ratio
10.69%Total risk-based capital ratio
Memoranda
$11Average assets
$39,405Average earning assets
$2,926Average equity
$35,781Average loans

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