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

This bank is inactive as of March 06, 2004

Bank of Bridger in Bridger, Montana (MT)
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Bank of Bridger - Overview

General
FDIC Certificate #: 15833
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Bank of Bridger, National Association (#2224)
Federal Reserve ID: 632652
Date Established: January 01, 1921
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Interstate: No)
OTS Docket #: 12556
FDIC's unique #: 10074
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 01, 1941
Last Structure Change Effective Date: March 06, 2004
Last Structure Change Process Date: April 29, 2004
Last Data Update: April 29, 2004
Data Source Date: April 05, 2012
Location
Address: 101 South Main Street, Bridger, MT 59014
County: Carbon
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
Core Based Statistical Area (CBSA): Billings, MT (#13740)
CBSA Metro Statistical Area: Billings, MT (#13740)
Financial Summary
Total assets: $51.0 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, 2003)

Dollar figures in thousands
25Total employees (full-time equivalent)
$51,034Total assets
$2,193Cash and due from depository institutions
$54Interest-bearing balances
$15,984Securities
$0Federal funds sold & reverse repurchase agreements
$29,922Net loans & leases
$367Loan loss allowance
$0Trading account assets
$1,427Bank premises and fixed assets
$0Other real estate owned
$419Goodwill and other intangibles
$0Life insurance assets
$1,089All other assets
$51,034Total liabilities and capital
$46,012Total liabilities
$40,853Total deposits
$31,516Interest-bearing deposits
$40,853Deposits held in domestic offices
0.00%% insured (estimated)
$400Federal funds purchased & repurchase agreements
$0Trading liabilities
$4,306Other borrowed funds
$0Subordinated debt
$453All other liabilities
$5,022Total equity capital
$5,022Total bank equity capital
$5,022Perpetual preferred stock
$0Common stock
$225Surplus
$4,000Undivided profits
Memoranda
$797Noncurrent loans and leases
$2,283Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$153Earning assets
$0Long-term assets (5+ years)
$659Average Assets, year-to-date
$45,960Average Assets, quarterly
$6,409Volatile liabilities
$47,581Insider loans
$48,647FHLB advances
$11,067Loans and leases held for sale
$746Unused loan commitments
$4,306Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,283Total unused commitments
$126Restructured Loans and leases
$367Derivatives

Income and Expense (December 31, 2003)

Dollar figures in thousands
$2,653Total interest income
$711Total interest expense
$1,942Net interest income
$24Provision for loan and lease losses
$340Total noninterest income
$0Fiduciary activities
$217Service charges on deposit accounts
$0Trading account gains & fees
$123Additional noninterest income
$1,625Total noninterest expense
$884Salaries and employee benefits
$194Premises and equipment expense
$547Additional noninterest expense
$633Pre-tax net operating income
-$4Securities gains (losses)
$240Applicable income taxes
$389Income before extraordinary items
$0Extraordinary gains - net
$389Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$27Sale, conversion, retirement of capital stock, net
$212Net operating income

Performance and Condition Ratios (December 31, 2003)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.15%Yield on earning assets
1.65%Cost of funding earning assets
4.50%Net interest margin
0.79%Noninterest income to earning assets
3.76%Noninterest expense to earning assets
0.82%Net operating income to assets
0.82%Return on assets (ROA)
1.32%Pretax return on assets
8.46%Return on equity (ROE)
3.85%Retained earnings to average equity (YTD only)
0.10%Net charge-offs to loans
88.89%Credit loss provision to net charge-offs
24.33%Efficiency ratio
71,209Assets per employee
2.04%Cash dividends to net income (YTD only)
Condition Ratios (%)
54.50%Loss allowance to loans
1.21%Loss allowance to noncurrent loans
239.87%Noncurrent assets plus other real estate owned to assets
0.30%Noncurrent loans to loans
0.51%Net loans and leases to deposits
73.24%Net loans and leases to core deposits
90.16%Equity capital to assets
9.84%Core capital (leverage) ratio
9.47%Tier 1 risk-based capital ratio
12.96%Total risk-based capital ratio
Memoranda
$14Average assets
$47,581Average earning assets
$4,601Average equity
$43,163Average loans

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