First Madison Valley Bank in Ennis, Montana (MT)

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First Madison Valley Bank routing number info

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First Madison Valley Bank
GeneralFDIC 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
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
LocationAddress: 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 ChangesParticipated in Absorption/Consolidation/Merger
Financial SummaryTotal 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)
Total employees (full-time equivalent)47
Total assets$124,950
Cash and due from depository institutions$14,496
Interest-bearing balances$11,457
Federal funds sold & reverse repurchase agreements$400
Net loans & leases$82,565
Loan loss allowance $1,263
Trading account assets$0
Bank premises and fixed assets$6,799
Other real estate owned$1,171
Goodwill and other intangibles$0
All other assets$1,850
Life insurance assets$124,950
Total liabilities and capital$114,225
Total liabilities$113,935
Total deposits$88,805
Interest-bearing deposits$113,935
Deposits held in domestic offices$94
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $290
All other liabilities $10,725
Total equity capital$10,725
Total bank equity capital$10,725
Perpetual preferred stock$0
Common stock$405
Undivided profits $1,785
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $393
Income earned, not collected on loans $4,370
Earning assets $0
Long-term assets (5+ years) $753
Average Assets, year-to-date $112,091
Average Assets, quarterly $13,782
Volatile liabilities $126,171
Insider loans $125,687
FHLB advances $85,272
Loans and leases held for sale $127,615
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $10,723
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $8,048
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $6,417
Total interest expense $887
Net interest income $5,530
Provision for loan and lease losses $1,047
Total noninterest income $267
Fiduciary activities $0
Service charges on deposit accounts $395
Trading account gains & fees $0
Additional noninterest income -$128
Total noninterest expense $4,660
Salaries and employee benefits $2,338
Premises and equipment expense $797
Additional noninterest expense $1,525
Pre-tax net operating income $90
Securities gains (losses) $0
Applicable income taxes $0
Income before extraordinary items $90
Extraordinary gains - net $0
Net income attributable to bank $90
Net charge-offs $0
Cash dividends $90
Sale, conversion, retirement of capital stock, net $1,087
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.70%
Cost of funding earning assets 0.79%
Net interest margin 4.91%
Noninterest income to earning assets 0.24%
Noninterest expense to earning assets 4.14%
Net operating income to assets 0.07%
Return on assets (ROA) 0.07%
Pretax return on assets 0.07%
Return on equity (ROE) 0.84%
Retained earnings to average equity (YTD only) 0.84%
Net charge-offs to loans 1.22%
Credit loss provision to net charge-offs 96.32%
Efficiency ratio1.05%
Assets per employee$80,386
Cash dividends to net income (YTD only)2.66%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.51%
Noncurrent assets plus other real estate owned to assets 28.90%
Noncurrent loans to loans 4.43%
Net loans and leases to deposits5.21%
Net loans and leases to core deposits 72.47%
Equity capital to assets 75.89%
Core capital (leverage) ratio 8.58%
Tier 1 risk-based capital ratio 8.40%
Total risk-based capital ratio 12.58%
Average assets$14
Average earning assets$126,171
Average equity $10,675
Average loans $112,664
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5 Montana Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
013344First Madison Valley Bank213 East Main, Ennis, MT 59729June 21, 1965Full Service Brick and Mortar
1248769Grizzly Park Branch216 Grizzly Avenue., West Yellowstone, MT 59758September 14, 1998Full Service Brick and Mortar
3467644Financial Center Branch4900 Us Hwy 287 N, Ennis, MT 59729July 01, 2006Full Service Brick and Mortar
413465Boulder Branch109 West 2nd Street, Boulder, MT 59632January 16, 1967Full Service Brick and Mortar
5249182Clancy Branch9 Bankers Lane, Clancy, MT 59634December 01, 1995Full Service Brick and Mortar
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