1st Bank in Sidney, Montana (MT)
Overview, Financial Summary, Detailed Financial Reports, Branches

1st Bank - Overview

  • General
  • FDIC Certificate #: 22039
    Status: Active
    Federal Reserve ID: 564856
    Bank Holding Company (Regulatory Top Holder): 1st United Bancorporation, Inc. (RSSDID: 1128415, Location: Sidney, MT)
    Date Established: June 09, 1975
    WWW: http://www.our1stbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 15293
    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: June 09, 1975
    Last Structure Change Effective Date: June 22, 2007
    Last Structure Change Process Date: July 05, 2007
    Last Data Update: July 05, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 120 Second Street, N.W., Sidney, MT 59270
    County: Richland
    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
  • Office Purchased
  • Financial Summary
  • Total assets: $134.1 mil
    Equity capital: $13.1 mil
    Deposits held in domestic offices: $113.7 mil
    Return on assets (ROA): 1.55% ($2.1 mil)
    Quarterly return on assets: 1.66% ($2.2 mil)
    Return on Equity (ROE): 15.18% ($2.0 mil)
    Quarterly return on equity: 16.91% ($2.2 mil)
    Net income: $1.9 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 1.55% ($2,078.2 mil)
    Quarterly Pretax return on assets: 1.66% ($2,225.7 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
  • 23Total employees (full-time equivalent)
  • $134,076Total assets
  • $60,993Cash and due from depository institutions
  • $60,218Interest-bearing balances
  • $773Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $67,946Net loans & leases
  • $737Loan loss allowance
  • $0Trading account assets
  • $1,462Bank premises and fixed assets
  • $0Other real estate owned
  • $1,635Goodwill and other intangibles
  • $134,076Life insurance assets
  • $1,267All other assets
  • $121,002Total liabilities and capital
  • $113,701Total liabilities
  • $81,277Total deposits
  • $113,701Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 7156.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $20Trading liabilities
  • $0Other borrowed funds
  • $125Subordinated debt
  • $13,074All other liabilities
  • $13,074Total equity capital
  • $13,074Total bank equity capital
  • $0Perpetual preferred stock
  • $657Common stock
  • $6,933Surplus
  • $5,484Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $44Income earned, not collected on loans
  • $0Earning assets
  • $690Long-term assets (5+ years)
  • $128,937Average Assets, year-to-date
  • $5,784Average Assets, quarterly
  • $121,356Volatile liabilities
  • $130,622Insider loans
  • $69,318FHLB advances
  • $133,427Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $11,435Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $16,749Restructured Loans and leases
  • $2,441Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,319Total interest income
  • $440Total interest expense
  • $3,879Net interest income
  • $0Provision for loan and lease losses
  • $433Total noninterest income
  • $0Fiduciary activities
  • $265Service charges on deposit accounts
  • $0Trading account gains & fees
  • $168Additional noninterest income
  • $2,418Total noninterest expense
  • $1,610Salaries and employee benefits
  • $210Premises and equipment expense
  • $598Additional noninterest expense
  • $1,894Pre-tax net operating income
  • -$9Securities gains (losses)
  • $0Applicable income taxes
  • $1,885Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,885Net income attributable to bank
  • $0Net charge-offs
  • $1,885Cash dividends
  • $1Sale, conversion, retirement of capital stock, net
  • $1,020Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.72%Yield on earning assets
  • 0.38%Cost of funding earning assets
  • 3.34%Net interest margin
  • 0.37%Noninterest income to earning assets
  • 2.08%Noninterest expense to earning assets
  • 1.56%Net operating income to assets
  • 1.55%Return on assets (ROA)
  • 1.55%Pretax return on assets
  • 15.18%Return on equity (ROE)
  • 6.97%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 1894.00%Efficiency ratio
  • 55,264Assets per employee
  • 5.83%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 54.11%Loss allowance to loans
  • 1.07%Loss allowance to noncurrent loans
  • 1675.00%Noncurrent assets plus other real estate owned to assets
  • 0.03%Noncurrent loans to loans
  • 0.06%Net loans and leases to deposits
  • 59.76%Net loans and leases to core deposits
  • 60.53%Equity capital to assets
  • 9.75%Core capital (leverage) ratio
  • 8.57%Tier 1 risk-based capital ratio
  • 16.50%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $121,356Average earning assets
  • $12,416Average equity
  • $116,027Average loans

List of branches

  • 2 Montana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0152931st Bank120 Second Street, N.W., Sidney, MT 59270June 09, 1975Full Service Brick and Mortar
    17059Broadus201 North Wilbur, Broadus, MT 59317May 05, 1919Full Service Brick and Mortar

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