First Madison Valley Bank in city_name, state_name - Detailed Financial Reports, Location

First Madison Valley Bank in Ennis, Montana (MT)
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First Madison Valley Bank routing number info

First Madison Valley Bank - Overview

General
FDIC Certificate #: 19544
Status: Active
Federal Reserve ID: 596455
Bank Holding Company (Regulatory Top Holder): Jackass Creek Land & Livestock Company (RSSDID: 1123616, Location: Ennis, MT)
Date Established: June 21, 1965
WWW: http://www.bankingonthefuture.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Domestic: 5, Interstate: No)
FDIC's unique #: 13344
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: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 13, 1966
Last Structure Change Effective Date: August 14, 2009
Last Structure Change Process Date: September 08, 2009
Last Data Update: September 08, 2009
Data Source Date: April 05, 2012
Location
Address: 213 East Main, Ennis, MT 59729
County: Madison
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
History of Changes
Participated in Absorption/Consolidation/Merger
Financial Summary
Total assets: $125.0 mil
Equity capital: $10.7 mil
Deposits held in domestic offices: $113.9 mil
Return on assets (ROA): 0.07% ($0.1 mil)
Quarterly return on assets: -0.10% (-$0.1 mil)
Return on Equity (ROE): 0.84% ($0.1 mil)
Quarterly return on equity: -1.19% (-$0.1 mil)
Net income: $0.1 mil
Quarterly Net income: -$0.0 mil
Pretax return on assets: 0.07% ($87.5 mil)
Quarterly Pretax return on assets: -0.10% (-$125.0 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
47Total employees (full-time equivalent)
$124,950Total assets
$14,496Cash and due from depository institutions
$11,457Interest-bearing balances
$17,669Securities
$400Federal funds sold & reverse repurchase agreements
$82,565Net loans & leases
$1,263Loan loss allowance
$0Trading account assets
$6,799Bank premises and fixed assets
$1,171Other real estate owned
$0Goodwill and other intangibles
$124,950Life insurance assets
$1,850All other assets
$114,225Total liabilities and capital
$113,935Total liabilities
$88,805Total deposits
$113,935Interest-bearing deposits
$94Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$290Subordinated debt
$10,725All other liabilities
$10,725Total equity capital
$10,725Total bank equity capital
$0Perpetual preferred stock
$405Common stock
$8,535Surplus
$1,785Undivided profits
Memoranda
$0Noncurrent loans and leases
$393Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$4,370Income earned, not collected on loans
$0Earning assets
$753Long-term assets (5+ years)
$112,091Average Assets, year-to-date
$13,782Average Assets, quarterly
$126,171Volatile liabilities
$125,687Insider loans
$85,272FHLB advances
$127,615Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$10,723Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$8,048Restructured Loans and leases
$554Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$6,417Total interest income
$887Total interest expense
$5,530Net interest income
$1,047Provision for loan and lease losses
$267Total noninterest income
$0Fiduciary activities
$395Service charges on deposit accounts
$0Trading account gains & fees
-$128Additional noninterest income
$4,660Total noninterest expense
$2,338Salaries and employee benefits
$797Premises and equipment expense
$1,525Additional noninterest expense
$90Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$90Income before extraordinary items
$0Extraordinary gains - net
$90Net income attributable to bank
$0Net charge-offs
$90Cash dividends
$1,087Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.70%Yield on earning assets
0.79%Cost of funding earning assets
4.91%Net interest margin
0.24%Noninterest income to earning assets
4.14%Noninterest expense to earning assets
0.07%Net operating income to assets
0.07%Return on assets (ROA)
0.07%Pretax return on assets
0.84%Return on equity (ROE)
0.84%Retained earnings to average equity (YTD only)
1.22%Net charge-offs to loans
96.32%Credit loss provision to net charge-offs
1.05%Efficiency ratio
80,386Assets per employee
2.66%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.51%Loss allowance to noncurrent loans
28.90%Noncurrent assets plus other real estate owned to assets
4.43%Noncurrent loans to loans
5.21%Net loans and leases to deposits
72.47%Net loans and leases to core deposits
75.89%Equity capital to assets
8.58%Core capital (leverage) ratio
8.40%Tier 1 risk-based capital ratio
12.58%Total risk-based capital ratio
Memoranda
$14Average assets
$126,171Average earning assets
$10,675Average equity
$112,664Average loans

List of branches

5 Montana Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	13344	First Madison Valley Bank	213 East Main, Ennis, MT 59729	June 21, 1965	Full Service Brick and Mortar
1	248769	Grizzly Park Branch	216 Grizzly Avenue., West Yellowstone, MT 59758	September 14, 1998	Full Service Brick and Mortar
3	467644	Financial Center Branch	4900 Us Hwy 287 N, Ennis, MT 59729	July 01, 2006	Full Service Brick and Mortar
4	13465	Boulder Branch	109 West 2nd Street, Boulder, MT 59632	January 16, 1967	Full Service Brick and Mortar
5	249182	Clancy Branch	9 Bankers Lane, Clancy, MT 59634	December 01, 1995	Full Service Brick and Mortar

First Madison Valley Bank in Ennis, Montana (MT)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Madison Valley Bank - 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:

First Madison Valley Bank in Ennis, Montana (MT)Overview, Financial Summary, Detailed Financial Reports, Branches

First Madison Valley Bank - 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:

First Madison Valley Bank in Ennis, Montana (MT)
Overview, Financial Summary, Detailed Financial Reports, Branches