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

  • First Madison Valley Bank in Ennis, Montana (MT)
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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
    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
  • 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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