Western Bank of Chinook National Association - Overview
General
FDIC Certificate #: 2168 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Bank of Montana (#2191) Federal Reserve ID: 666750 Date Established: November 20, 1933 WWW:http://www.chinookmontana.com 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) FDIC's unique #: 1434 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: June 22, 2007 Last Structure Change Process Date: June 28, 2007 Last Data Update: June 28, 2007 Data Source Date: April 05, 2012
Location
Address: Main Street, Chinook, MT 59523 County: Blaine 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: $37.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2006)
Dollar figures in thousands
9Total employees (full-time equivalent)
$37,485Total assets
$1,586Cash and due from depository institutions
$0Interest-bearing balances
$2,000Securities
$500Federal funds sold & reverse repurchase agreements
$28,222Net loans & leases
$442Loan loss allowance
$0Trading account assets
$417Bank premises and fixed assets
$0Other real estate owned
$4,247Goodwill and other intangibles
$0Life insurance assets
$513All other assets
$37,485Total liabilities and capital
$30,467Total liabilities
$30,009Total deposits
$24,911Interest-bearing deposits
$30,009Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$458All other liabilities
$7,018Total equity capital
$7,018Total bank equity capital
$7,018Perpetual preferred stock
$0Common stock
$450Surplus
$6,385Undivided profits
Memoranda
$183Noncurrent loans and leases
$3,485Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$59Earning assets
$0Long-term assets (5+ years)
$482Average Assets, year-to-date
$30,722Average Assets, quarterly
$5,024Volatile liabilities
$34,321Insider loans
$36,092FHLB advances
$2,627Loans and leases held for sale
$1,042Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,485Total unused commitments
$115Restructured Loans and leases
$344Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$632Total interest income
$218Total interest expense
$414Net interest income
$0Provision for loan and lease losses
$43Total noninterest income
$0Fiduciary activities
$22Service charges on deposit accounts
$0Trading account gains & fees
$21Additional noninterest income
$221Total noninterest expense
$114Salaries and employee benefits
$27Premises and equipment expense
$80Additional noninterest expense
$236Pre-tax net operating income
$0Securities gains (losses)
$53Applicable income taxes
$183Income before extraordinary items
$0Extraordinary gains - net
$183Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$8Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
2.04%Yield on earning assets
0.70%Cost of funding earning assets
1.33%Net interest margin
0.14%Noninterest income to earning assets
0.71%Noninterest expense to earning assets
0.53%Net operating income to assets
0.53%Return on assets (ROA)
0.69%Pretax return on assets
4.82%Return on equity (ROE)
4.82%Retained earnings to average equity (YTD only)
-0.03%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
48,359Assets per employee
4.17%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.54%Loss allowance to noncurrent loans
749.15%Noncurrent assets plus other real estate owned to assets
0.16%Noncurrent loans to loans
0.21%Net loans and leases to deposits
94.05%Net loans and leases to core deposits
103.07%Equity capital to assets
18.72%Core capital (leverage) ratio
9.13%Tier 1 risk-based capital ratio
10.10%Total risk-based capital ratio
Memoranda
$11Average assets
$34,321Average earning assets
$3,793Average equity
$31,013Average loans
Bank Assets Sold and Securitized (December 31, 2004)
Dollar figures in thousands
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