Bank of the Mountains, Inc. in city_name, state_name - Detailed Financial Reports, Location

Bank of the Mountains, Inc. in West Liberty, Kentucky (KY)
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Bank of the Mountains, Inc. routing number info

Bank of the Mountains, Inc. - Overview

General
FDIC Certificate #: 21219
Status: Active
Federal Reserve ID: 422116
Bank Holding Company (Regulatory Top Holder): Mountain Bancorp, Inc. (RSSDID: 1071249, Location: West Liberty, KY)
Date Established: September 15, 1973
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
OTS Docket #: 9926
FDIC's unique #: 14673
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: All Other Specialization < 1 Billion
Date of Deposit Insurance: September 15, 1973
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: Main And Court Streets, West Liberty, KY 41472
County: Morgan
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Lexington
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Southeast
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $63.4 mil
Equity capital: $6.7 mil
Deposits held in domestic offices: $54.7 mil
Return on assets (ROA): 0.52% ($0.3 mil)
Quarterly return on assets: 0.24% ($0.2 mil)
Return on Equity (ROE): 4.80% ($0.3 mil)
Quarterly return on equity: 2.28% ($0.2 mil)
Net income: $0.3 mil
Quarterly Net income: $0.0 mil
Pretax return on assets: 0.75% ($475.2 mil)
Quarterly Pretax return on assets: 0.60% ($380.2 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
29Total employees (full-time equivalent)
$63,360Total assets
$2,595Cash and due from depository institutions
$252Interest-bearing balances
$7,318Securities
$1,475Federal funds sold & reverse repurchase agreements
$45,972Net loans & leases
$773Loan loss allowance
$0Trading account assets
$1,704Bank premises and fixed assets
$1,090Other real estate owned
$0Goodwill and other intangibles
$63,360Life insurance assets
$3,206All other assets
$56,695Total liabilities and capital
$54,705Total liabilities
$40,037Total deposits
$54,705Interest-bearing deposits
$92Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$1,747Trading liabilities
$0Other borrowed funds
$243Subordinated debt
$6,665All other liabilities
$6,665Total equity capital
$6,665Total bank equity capital
$0Perpetual preferred stock
$191Common stock
$1,160Surplus
$5,314Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$759Income earned, not collected on loans
$0Earning assets
$440Long-term assets (5+ years)
$55,017Average Assets, year-to-date
$7,232Average Assets, quarterly
$61,689Volatile liabilities
$62,894Insider loans
$43,832FHLB advances
$62,863Loans and leases held for sale
$2,046Unused loan commitments
$2,046Tier 1 (core) risk-based capital
$6,562Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,704Restructured Loans and leases
$282Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$3,652Total interest income
$525Total interest expense
$3,127Net interest income
$136Provision for loan and lease losses
$2,016Total noninterest income
$0Fiduciary activities
$389Service charges on deposit accounts
$0Trading account gains & fees
$1,627Additional noninterest income
$4,543Total noninterest expense
$1,609Salaries and employee benefits
$451Premises and equipment expense
$2,483Additional noninterest expense
$464Pre-tax net operating income
$0Securities gains (losses)
$144Applicable income taxes
$320Income before extraordinary items
$0Extraordinary gains - net
$320Net income attributable to bank
$0Net charge-offs
$320Cash dividends
$196Sale, conversion, retirement of capital stock, net
$397Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.85%Yield on earning assets
0.98%Cost of funding earning assets
5.86%Net interest margin
3.78%Noninterest income to earning assets
8.52%Noninterest expense to earning assets
0.52%Net operating income to assets
0.52%Return on assets (ROA)
0.75%Pretax return on assets
4.80%Return on equity (ROE)
-1.16%Retained earnings to average equity (YTD only)
0.43%Net charge-offs to loans
69.39%Credit loss provision to net charge-offs
3.06%Efficiency ratio
88,334Assets per employee
2.18%Cash dividends to net income (YTD only)
Condition Ratios (%)
124.06%Loss allowance to loans
1.65%Loss allowance to noncurrent loans
101.84%Noncurrent assets plus other real estate owned to assets
2.92%Noncurrent loans to loans
1.62%Net loans and leases to deposits
84.04%Net loans and leases to core deposits
92.20%Equity capital to assets
10.52%Core capital (leverage) ratio
10.44%Tier 1 risk-based capital ratio
14.97%Total risk-based capital ratio
Memoranda
$16Average assets
$61,689Average earning assets
$6,661Average equity
$53,348Average loans

List of branches

3 Kentucky Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	14673	Bank Of The Mountains, Inc.	Main And Court Streets, West Liberty, KY 41472	September 15, 1973	Full Service Brick and Mortar
1	252471	Ezel Banking Branch	U.S. Highway 460, Ezel Parkway, Ezel, KY 41425	November 21, 1983	Full Service Brick and Mortar
2	252472	Index Banking Branch	U.S. Highway 460, Index, KY 41472	July 01, 1989	Full Service Brick and Mortar

Bank of the Mountains, Inc. in West Liberty, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of the Mountains, Inc. - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Bank of the Mountains, Inc. in West Liberty, Kentucky (KY)Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of the Mountains, Inc. - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Bank of the Mountains, Inc. in West Liberty, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches