FDIC Certificate #: 341 Status: Active Federal Reserve ID: 445852 Bank Holding Company (Regulatory Top Holder): Western Holding Company Of Wolf Point (RSSDID: 1126943, Location: Wolf Point, MT) Date Established: January 01, 1913 WWW:http://www.westernbankwp.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 13106 FDIC's unique #: 271 Numeric code: 13 Regulator: FED Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Agricultural lending institution: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 111 3rd Avenue South, Wolf Point, MT 59201 County: Roosevelt 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
History of Changes
Change in Location
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $76.3 mil Equity capital: $8.1 mil Deposits held in domestic offices: $64.9 mil Return on assets (ROA): 1.54% ($1.2 mil) Quarterly return on assets: 1.43% ($1.1 mil) Return on Equity (ROE): 14.91% ($1.2 mil) Quarterly return on equity: 13.00% ($1.0 mil) Net income: $1.1 mil Quarterly Net income: $0.3 mil Pretax return on assets: 1.54% ($1,174.9 mil) Quarterly Pretax return on assets: 1.43% ($1,091.0 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
17Total employees (full-time equivalent)
$76,291Total assets
$14,524Cash and due from depository institutions
$12,176Interest-bearing balances
$29,663Securities
$0Federal funds sold & reverse repurchase agreements
$28,283Net loans & leases
$699Loan loss allowance
$0Trading account assets
$369Bank premises and fixed assets
$166Other real estate owned
$0Goodwill and other intangibles
$76,291Life insurance assets
$3,286All other assets
$68,148Total liabilities and capital
$64,854Total liabilities
$47,973Total deposits
$64,854Interest-bearing deposits
$85Deposits held in domestic offices
200.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$2,000Trading liabilities
$0Other borrowed funds
$1,094Subordinated debt
$8,143All other liabilities
$8,143Total equity capital
$8,143Total bank equity capital
$0Perpetual preferred stock
$1,000Common stock
$1,500Surplus
$5,643Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$411Income earned, not collected on loans
$0Earning assets
$677Long-term assets (5+ years)
$70,122Average Assets, year-to-date
$24,434Average Assets, quarterly
$69,610Volatile liabilities
$72,813Insider loans
$37,849FHLB advances
$73,458Loans and leases held for sale
$1,686Unused loan commitments
$1,686Tier 1 (core) risk-based capital
$6,661Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,215Restructured Loans and leases
$309Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,981Total interest income
$531Total interest expense
$2,450Net interest income
$150Provision for loan and lease losses
$579Total noninterest income
$0Fiduciary activities
$165Service charges on deposit accounts
$0Trading account gains & fees
$414Additional noninterest income
$1,815Total noninterest expense
$1,093Salaries and employee benefits
$203Premises and equipment expense
$519Additional noninterest expense
$1,064Pre-tax net operating income
$10Securities gains (losses)
$0Applicable income taxes
$1,074Income before extraordinary items
$0Extraordinary gains - net
$1,074Net income attributable to bank
$0Net charge-offs
$1,074Cash dividends
$96Sale, conversion, retirement of capital stock, net
$575Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.66%Yield on earning assets
0.83%Cost of funding earning assets
3.83%Net interest margin
0.90%Noninterest income to earning assets
2.83%Noninterest expense to earning assets
1.53%Net operating income to assets
1.54%Return on assets (ROA)
1.54%Pretax return on assets
14.91%Return on equity (ROE)
6.93%Retained earnings to average equity (YTD only)
0.33%Net charge-offs to loans
156.25%Credit loss provision to net charge-offs
12.65%Efficiency ratio
59,921Assets per employee
4.49%Cash dividends to net income (YTD only)
Condition Ratios (%)
53.54%Loss allowance to loans
2.41%Loss allowance to noncurrent loans
170.07%Noncurrent assets plus other real estate owned to assets
0.76%Noncurrent loans to loans
1.42%Net loans and leases to deposits
43.61%Net loans and leases to core deposits
46.92%Equity capital to assets
10.67%Core capital (leverage) ratio
9.07%Tier 1 risk-based capital ratio
17.60%Total risk-based capital ratio
Memoranda
$19Average assets
$69,610Average earning assets
$7,202Average equity
$64,030Average loans
List of branches
1 Montana Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
271
Western Bank Of Wolf Point
111 3rd Avenue South, Wolf Point, MT 59201
January 01, 1913
Full Service Brick and Mortar
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