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

First Citizens Bank of Butte - Overview

  • General
  • FDIC Certificate #: 22502
    Status: Active
    Federal Reserve ID: 666358
    Bank Holding Company (Regulatory Top Holder): Butte Bank Shares, Inc. (RSSDID: 2351247, Location: Butte, MT)
    Date Established: July 27, 1977
    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 #: 15691
    Numeric code: 13
    Regulator: FED
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: July 27, 1977
    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: 3220 Harrison Avenue, Butte, MT 59701
    County: Silver Bow
    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): Butte-Silver Bow, MT (#15580)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $71.3 mil
    Equity capital: $6.6 mil
    Deposits held in domestic offices: $58.7 mil
    Return on assets (ROA): 1.22% ($0.9 mil)
    Quarterly return on assets: 0.93% ($0.7 mil)
    Return on Equity (ROE): 12.82% ($0.9 mil)
    Quarterly return on equity: 9.76% ($0.7 mil)
    Net income: $0.8 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.22% ($869.4 mil)
    Quarterly Pretax return on assets: 0.93% ($662.8 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
  • 18Total employees (full-time equivalent)
  • $71,266Total assets
  • $17,202Cash and due from depository institutions
  • $14,409Interest-bearing balances
  • $9,680Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $42,747Net loans & leases
  • $1,158Loan loss allowance
  • $0Trading account assets
  • $560Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $71,266Life insurance assets
  • $1,077All other assets
  • $64,678Total liabilities and capital
  • $58,667Total liabilities
  • $43,189Total deposits
  • $58,667Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 5326.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $412Trading liabilities
  • $0Other borrowed funds
  • $273Subordinated debt
  • $6,588All other liabilities
  • $6,588Total equity capital
  • $6,588Total bank equity capital
  • $0Perpetual preferred stock
  • $848Common stock
  • $4,003Surplus
  • $1,737Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $696Income earned, not collected on loans
  • $0Earning assets
  • $293Long-term assets (5+ years)
  • $66,836Average Assets, year-to-date
  • $4,958Average Assets, quarterly
  • $66,967Volatile liabilities
  • $69,039Insider loans
  • $38,633FHLB advances
  • $69,646Loans and leases held for sale
  • $255Unused loan commitments
  • $255Tier 1 (core) risk-based capital
  • $6,608Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,522Restructured Loans and leases
  • $1,049Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,111Total interest income
  • $518Total interest expense
  • $2,593Net interest income
  • $0Provision for loan and lease losses
  • $276Total noninterest income
  • $0Fiduciary activities
  • $171Service charges on deposit accounts
  • $0Trading account gains & fees
  • $105Additional noninterest income
  • $2,054Total noninterest expense
  • $1,326Salaries and employee benefits
  • $171Premises and equipment expense
  • $557Additional noninterest expense
  • $815Pre-tax net operating income
  • $2Securities gains (losses)
  • $0Applicable income taxes
  • $817Income before extraordinary items
  • $0Extraordinary gains - net
  • $817Net income attributable to bank
  • $0Net charge-offs
  • $817Cash dividends
  • $246Sale, conversion, retirement of capital stock, net
  • $247Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.94%Yield on earning assets
  • 0.82%Cost of funding earning assets
  • 4.11%Net interest margin
  • 0.44%Noninterest income to earning assets
  • 3.26%Noninterest expense to earning assets
  • 1.22%Net operating income to assets
  • 1.22%Return on assets (ROA)
  • 1.22%Pretax return on assets
  • 12.82%Return on equity (ROE)
  • 8.95%Retained earnings to average equity (YTD only)
  • 0.55%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 3.31%Efficiency ratio
  • 71,593Assets per employee
  • 3.96%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 30.23%Loss allowance to loans
  • 2.64%Loss allowance to noncurrent loans
  • 166.38%Noncurrent assets plus other real estate owned to assets
  • 0.98%Noncurrent loans to loans
  • 1.59%Net loans and leases to deposits
  • 72.86%Net loans and leases to core deposits
  • 74.97%Equity capital to assets
  • 9.24%Core capital (leverage) ratio
  • 9.49%Tier 1 risk-based capital ratio
  • 17.10%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $66,967Average earning assets
  • $6,371Average equity
  • $63,033Average loans

List of branches

  • 2 Montana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    015691First Citizens Bank Of Butte3220 Harrison Avenue, Butte, MT 59701July 27, 1977Full Service Brick and Mortar
    1254793Butte Branch3701 Elizabeth Warren Boulevard, Butte, MT 59701July 16, 1998Limited Service Facility

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