First Citizens Bank of Billings in Billings, Montana (MT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 27, 2007

  • First Citizens Bank of Billings in Billings, Montana (MT)
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First Citizens Bank of Billings - Overview

  • General
  • FDIC Certificate #: 19964
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Western Security Bank (#57248)
    Federal Reserve ID: 656555
    Date Established: June 02, 1969
    WWW: http://www.1stcitizens.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Interstate: No)
    FDIC's unique #: 13707
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: June 02, 1969
    Last Structure Change Effective Date: January 27, 2007
    Last Structure Change Process Date: Febuary 21, 2007
    Last Data Update: Febuary 21, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 2812 First Avenue North, Billings, MT 59101
    County: Yellowstone
    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
    Metropolitan Statistical Area (MSA): Billings, MT (#880)
    Core Based Statistical Area (CBSA): Billings, MT (#13740)
    CBSA Metro Statistical Area: Billings, MT (#13740)
  • Financial Summary
  • Total assets: $185.4 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, 2006)

  • Dollar figures in thousands
  • 61Total employees (full-time equivalent)
  • $185,352Total assets
  • $10,233Cash and due from depository institutions
  • $100Interest-bearing balances
  • $7,295Securities
  • $13,740Federal funds sold & reverse repurchase agreements
  • $126,359Net loans & leases
  • $2,576Loan loss allowance
  • $0Trading account assets
  • $6,997Bank premises and fixed assets
  • $550Other real estate owned
  • $18,876Goodwill and other intangibles
  • $175Life insurance assets
  • $1,302All other assets
  • $185,352Total liabilities and capital
  • $153,619Total liabilities
  • $145,087Total deposits
  • $92,133Interest-bearing deposits
  • $145,087Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $6,344Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $2,188All other liabilities
  • $31,733Total equity capital
  • $31,733Total bank equity capital
  • $31,733Perpetual preferred stock
  • $0Common stock
  • $1,275Surplus
  • $29,685Undivided profits
  • Memoranda
  • $773Noncurrent loans and leases
  • $28,675Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,215Earning assets
  • $0Long-term assets (5+ years)
  • $733Average Assets, year-to-date
  • $147,494Average Assets, quarterly
  • $5,942Volatile liabilities
  • $173,999Insider loans
  • $178,109FHLB advances
  • $18,940Loans and leases held for sale
  • $656Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $28,675Total unused commitments
  • $0Restructured Loans and leases
  • $1,637Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $3,092Total interest income
  • $801Total interest expense
  • $2,291Net interest income
  • $0Provision for loan and lease losses
  • $234Total noninterest income
  • $0Fiduciary activities
  • $173Service charges on deposit accounts
  • $0Trading account gains & fees
  • $61Additional noninterest income
  • $1,201Total noninterest expense
  • $554Salaries and employee benefits
  • $151Premises and equipment expense
  • $496Additional noninterest expense
  • $1,324Pre-tax net operating income
  • $0Securities gains (losses)
  • $551Applicable income taxes
  • $773Income before extraordinary items
  • $0Extraordinary gains - net
  • $773Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $662Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 2.03%Yield on earning assets
  • 0.53%Cost of funding earning assets
  • 1.50%Net interest margin
  • 0.15%Noninterest income to earning assets
  • 0.79%Noninterest expense to earning assets
  • 0.44%Net operating income to assets
  • 0.44%Return on assets (ROA)
  • 0.76%Pretax return on assets
  • 4.38%Return on equity (ROE)
  • 4.38%Retained earnings to average equity (YTD only)
  • 0.53%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 2.00%Efficiency ratio
  • 41,901Assets per employee
  • 3.04%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.00%Loss allowance to noncurrent loans
  • 212.02%Noncurrent assets plus other real estate owned to assets
  • 0.66%Noncurrent loans to loans
  • 0.94%Net loans and leases to deposits
  • 87.09%Net loans and leases to core deposits
  • 95.37%Equity capital to assets
  • 17.12%Core capital (leverage) ratio
  • 8.34%Tier 1 risk-based capital ratio
  • 9.89%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $173,999Average earning assets
  • $17,654Average equity
  • $152,464Average loans

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