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

This bank is inactive as of April 01, 1996

Culbertson State Bank of Culbertson, Montana in Culbertson, Montana (MT)
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Culbertson State Bank of Culbertson, Montana - Overview

General
FDIC Certificate #: 348
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Community Bank (#2176)
Federal Reserve ID: 639455
Date Established: January 01, 1926
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 1 (Interstate: No)
FDIC's unique #: 276
Numeric code: 13
Regulator: FED
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: January 01, 1934
Last Structure Change Effective Date: April 01, 1996
Last Structure Change Process Date: April 18, 1996
Last Data Update: April 18, 1996
Data Source Date: April 05, 2012
Location
Address: 205 Broadway Avenue, Culbertson, MT 59218
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
Financial Summary
Total assets: $17.1 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$8Total assets
$16,109Cash and due from depository institutions
$665Interest-bearing balances
$0Securities
$8,972Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$5,932Loan loss allowance
$70Trading account assets
$0Bank premises and fixed assets
$152Other real estate owned
$0Goodwill and other intangibles
$388Life insurance assets
$0All other assets
$0Total liabilities and capital
$16,109Total liabilities
$14,384Total deposits
$14,133Interest-bearing deposits
$11,525Deposits held in domestic offices
14133.00%% insured (estimated)
$82Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$251Total equity capital
$251Total bank equity capital
$1,725Perpetual preferred stock
$0Common stock
$350Surplus
$350Undivided profits
Memoranda
$1,025Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$22Income earned, not collected on loans
$158Earning assets
$14,904Long-term assets (5+ years)
$1,400Average Assets, year-to-date
$16,185Average Assets, quarterly
$16,061Volatile liabilities
$1,800Insider loans
$509FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$329Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,671Total risk weighted assets
$6,761Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$1,124Total interest expense
$471Net interest income
$653Provision for loan and lease losses
$0Total noninterest income
$97Fiduciary activities
$0Service charges on deposit accounts
$73Trading account gains & fees
$0Additional noninterest income
$24Total noninterest expense
$391Salaries and employee benefits
$178Premises and equipment expense
$71Additional noninterest expense
$142Pre-tax net operating income
$359Securities gains (losses)
-$56Applicable income taxes
$88Income before extraordinary items
$215Extraordinary gains - net
$0Net income attributable to bank
$215Net charge-offs
$0Cash dividends
$10Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.46%Cost of funding earning assets
3.13%Net interest margin
4.33%Noninterest income to earning assets
0.64%Noninterest expense to earning assets
2.60%Net operating income to assets
1.57%Return on assets (ROA)
1.33%Pretax return on assets
1.87%Return on equity (ROE)
13.95%Retained earnings to average equity (YTD only)
13.30%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
52,133Assets per employee
2.01%Cash dividends to net income (YTD only)
Condition Ratios (%)
4.65%Loss allowance to loans
1.17%Loss allowance to noncurrent loans
318.18%Noncurrent assets plus other real estate owned to assets
0.14%Noncurrent loans to loans
0.37%Net loans and leases to deposits
41.97%Net loans and leases to core deposits
48.10%Equity capital to assets
10.71%Core capital (leverage) ratio
10.26%Tier 1 risk-based capital ratio
24.72%Total risk-based capital ratio
Memoranda
$26Average assets
$16,185Average earning assets
$1,541Average equity
$15,064Average loans

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