FDIC Certificate #: 2173 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Teton Banks (#364) Federal Reserve ID: 596053 Date Established: January 01, 1919 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 #: 13936 FDIC's unique #: 1438 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: January 01, 1934 Last Structure Change Effective Date: Febuary 20, 2010 Last Structure Change Process Date: March 09, 2010 Last Data Update: March 09, 2010 Data Source Date: April 05, 2012
Location
Address: 321 Central Avenue, Fairfield, MT 59436 County: Teton 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: $93.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2009)
Dollar figures in thousands
25Total employees (full-time equivalent)
$93,041Total assets
$7,128Cash and due from depository institutions
$2,722Interest-bearing balances
$18,618Securities
$10,099Federal funds sold & reverse repurchase agreements
$49,576Net loans & leases
$1,086Loan loss allowance
$0Trading account assets
$2,209Bank premises and fixed assets
$130Other real estate owned
$0Goodwill and other intangibles
$3,346Life insurance assets
$5,281All other assets
$93,041Total liabilities and capital
$77,102Total liabilities
$74,103Total deposits
$61,437Interest-bearing deposits
$74,103Deposits held in domestic offices
90.70%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,145Other borrowed funds
$0Subordinated debt
$854All other liabilities
$15,939Total equity capital
$15,939Total bank equity capital
$15,939Perpetual preferred stock
$0Common stock
$200Surplus
$1,000Undivided profits
Memoranda
$14,739Noncurrent loans and leases
$8,913Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$154Earning assets
$0Long-term assets (5+ years)
$912Average Assets, year-to-date
$81,015Average Assets, quarterly
$25,612Volatile liabilities
$90,234Insider loans
$90,552FHLB advances
$22,236Loans and leases held for sale
$652Unused loan commitments
$2,145Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$8,913Total unused commitments
$0Restructured Loans and leases
$775Derivatives
Income and Expense (December 31, 2009)
Dollar figures in thousands
$4,667Total interest income
$1,590Total interest expense
$3,077Net interest income
$80Provision for loan and lease losses
$535Total noninterest income
$0Fiduciary activities
$292Service charges on deposit accounts
$0Trading account gains & fees
$243Additional noninterest income
$2,085Total noninterest expense
$1,118Salaries and employee benefits
$226Premises and equipment expense
$741Additional noninterest expense
$1,447Pre-tax net operating income
$266Securities gains (losses)
$432Applicable income taxes
$1,281Income before extraordinary items
$0Extraordinary gains - net
$1,281Net income attributable to bank
$0Net charge-offs
$1,281Cash dividends
$55Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2009)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.81%Yield on earning assets
1.98%Cost of funding earning assets
3.83%Net interest margin
0.67%Noninterest income to earning assets
2.60%Noninterest expense to earning assets
1.20%Net operating income to assets
1.42%Return on assets (ROA)
1.90%Pretax return on assets
8.32%Return on equity (ROE)
8.32%Retained earnings to average equity (YTD only)
0.11%Net charge-offs to loans
145.45%Credit loss provision to net charge-offs
27.76%Efficiency ratio
57,724Assets per employee
3.72%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.14%Loss allowance to noncurrent loans
705.19%Noncurrent assets plus other real estate owned to assets
0.31%Noncurrent loans to loans
0.30%Net loans and leases to deposits
66.90%Net loans and leases to core deposits
95.58%Equity capital to assets
17.13%Core capital (leverage) ratio
17.29%Tier 1 risk-based capital ratio
25.66%Total risk-based capital ratio
Memoranda
$27Average assets
$90,234Average earning assets
$15,399Average equity
$80,320Average loans
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