First Citizens Bank of Butte in Butte, Montana (MT)



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First Citizens Bank of Butte routing number info

Table of contents:
First Citizens Bank of Butte
GeneralFDIC 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
WWW: http://www.fcbob.com
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
LocationAddress: 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 ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal 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)
Total employees (full-time equivalent)18
Total assets$71,266
Cash and due from depository institutions$17,202
Interest-bearing balances$14,409
Securities$9,680
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$42,747
Loan loss allowance $1,158
Trading account assets$0
Bank premises and fixed assets$560
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$1,077
Life insurance assets$71,266
Total liabilities and capital$64,678
Total liabilities$58,667
Total deposits$43,189
Interest-bearing deposits$58,667
Deposits held in domestic offices$95
% insured (estimated)5326.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$412
Other borrowed funds $0
Subordinated debt $273
All other liabilities $6,588
Total equity capital$6,588
Total bank equity capital$6,588
Perpetual preferred stock$0
Common stock$848
Surplus$4,003
Undivided profits $1,737
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $696
Earning assets $0
Long-term assets (5+ years) $293
Average Assets, year-to-date $66,836
Average Assets, quarterly $4,958
Volatile liabilities $66,967
Insider loans $69,039
FHLB advances $38,633
Loans and leases held for sale $69,646
Unused loan commitments $255
Tier 1 (core) risk-based capital $255
Tier 2 risk-based capital $6,608
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $3,522
Derivatives$1,049
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $3,111
Total interest expense $518
Net interest income $2,593
Provision for loan and lease losses $0
Total noninterest income $276
Fiduciary activities $0
Service charges on deposit accounts $171
Trading account gains & fees $0
Additional noninterest income $105
Total noninterest expense $2,054
Salaries and employee benefits $1,326
Premises and equipment expense $171
Additional noninterest expense $557
Pre-tax net operating income $815
Securities gains (losses) $2
Applicable income taxes $0
Income before extraordinary items $817
Extraordinary gains - net $0
Net income attributable to bank $817
Net charge-offs $0
Cash dividends $817
Sale, conversion, retirement of capital stock, net $246
Net operating income $247
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.94%
Cost of funding earning assets 0.82%
Net interest margin 4.11%
Noninterest income to earning assets 0.44%
Noninterest expense to earning assets 3.26%
Net operating income to assets 1.22%
Return on assets (ROA) 1.22%
Pretax return on assets 1.22%
Return on equity (ROE) 12.82%
Retained earnings to average equity (YTD only) 8.95%
Net charge-offs to loans 0.55%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio3.31%
Assets per employee$71,593
Cash dividends to net income (YTD only)3.96%
Condition Ratios (%)
Loss allowance to loans 30.23%
Loss allowance to noncurrent loans 2.64%
Noncurrent assets plus other real estate owned to assets 166.38%
Noncurrent loans to loans 0.98%
Net loans and leases to deposits1.59%
Net loans and leases to core deposits 72.86%
Equity capital to assets 74.97%
Core capital (leverage) ratio 9.24%
Tier 1 risk-based capital ratio 9.49%
Total risk-based capital ratio 17.10%
Memoranda
Average assets$18
Average earning assets$66,967
Average equity $6,371
Average loans $63,033
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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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