First Montana Bank, Inc. in Libby, Montana (MT)

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First Montana Bank, Inc. routing number info

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First Montana Bank, Inc.
GeneralFDIC Certificate #: 363
Status: Active
Federal Reserve ID: 613156
Bank Holding Company (Regulatory Top Holder): First National Bancorp, Inc. (RSSDID: 1134845, Location: Missoula, MT)
Date Established: January 01, 1913
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 9 (Domestic: 9, Interstate: No)
OTS Docket #: 11587
FDIC's unique #: 287
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: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: December 30, 2009
Last Structure Change Process Date: January 27, 2010
Last Data Update: January 27, 2010
Data Source Date: April 05, 2012
LocationAddress: 504 Mineral Avenue, Libby, MT 59923
County: Lincoln
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 ChangesCorrections
Name Change
Financial SummaryTotal assets: $295.7 mil
Equity capital: $28.7 mil
Deposits held in domestic offices: $243.2 mil
Return on assets (ROA): 0.36% ($1.1 mil)
Quarterly return on assets: 0.19% ($0.6 mil)
Return on Equity (ROE): 3.99% ($1.2 mil)
Quarterly return on equity: 2.05% ($0.6 mil)
Net income: $1.1 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.54% ($1,596.8 mil)
Quarterly Pretax return on assets: 0.29% ($857.5 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)90
Total assets$295,700
Cash and due from depository institutions$3,972
Interest-bearing balances$235
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$177,544
Loan loss allowance $3,386
Trading account assets$0
Bank premises and fixed assets$14,869
Other real estate owned$1,736
Goodwill and other intangibles$1,069
All other assets$10,526
Life insurance assets$295,700
Total liabilities and capital$266,975
Total liabilities$243,246
Total deposits$202,559
Interest-bearing deposits$243,246
Deposits held in domestic offices$90
% insured (estimated)12732.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$8,147
Other borrowed funds $0
Subordinated debt $2,850
All other liabilities $28,725
Total equity capital$28,725
Total bank equity capital$28,725
Perpetual preferred stock$0
Common stock$2,500
Undivided profits $13,350
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $3,159
Income earned, not collected on loans $3,569
Earning assets $312
Long-term assets (5+ years) $1,027
Average Assets, year-to-date $263,763
Average Assets, quarterly $61,465
Volatile liabilities $298,246
Insider loans $296,739
FHLB advances $193,261
Loans and leases held for sale $294,066
Unused loan commitments $6,206
Tier 1 (core) risk-based capital $4,459
Tier 2 risk-based capital $26,515
Total risk weighted assets $0
Total unused commitments $1,747
Restructured Loans and leases $16,960
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $14,214
Total interest expense $2,120
Net interest income $12,094
Provision for loan and lease losses $2,012
Total noninterest income $1,754
Fiduciary activities $0
Service charges on deposit accounts $932
Trading account gains & fees $0
Additional noninterest income $822
Total noninterest expense $10,297
Salaries and employee benefits $5,352
Premises and equipment expense $1,318
Additional noninterest expense $3,627
Pre-tax net operating income $1,539
Securities gains (losses) $70
Applicable income taxes $525
Income before extraordinary items $1,084
Extraordinary gains - net $0
Net income attributable to bank $1,084
Net charge-offs $0
Cash dividends $1,084
Sale, conversion, retirement of capital stock, net $2,386
Net operating income $520
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.29%
Cost of funding earning assets 0.79%
Net interest margin 4.50%
Noninterest income to earning assets 0.65%
Noninterest expense to earning assets 3.83%
Net operating income to assets 0.35%
Return on assets (ROA) 0.36%
Pretax return on assets 0.54%
Return on equity (ROE) 3.99%
Retained earnings to average equity (YTD only) 2.08%
Net charge-offs to loans 1.28%
Credit loss provision to net charge-offs 84.33%
Efficiency ratio1.49%
Assets per employee$74,357
Cash dividends to net income (YTD only)3.29%
Condition Ratios (%)
Loss allowance to loans 47.97%
Loss allowance to noncurrent loans 1.87%
Noncurrent assets plus other real estate owned to assets 94.87%
Noncurrent loans to loans 1.79%
Net loans and leases to deposits1.97%
Net loans and leases to core deposits 72.99%
Equity capital to assets 77.29%
Core capital (leverage) ratio 9.71%
Tier 1 risk-based capital ratio 9.02%
Total risk-based capital ratio 13.72%
Average assets$15
Average earning assets$298,246
Average equity $27,153
Average loans $268,786
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9 Montana Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0287First Montana Bank, Inc.504 Mineral Avenue, Libby, MT 59923January 01, 1913Full Service Brick and Mortar
113136Libby Detached Facility600 East Missoula Avenue, Troy, MT 59935December 28, 1964Full Service Brick and Mortar
3561331940 Dewey Boulevard Branch1940 Dewey Boulevard, Butte, MT 59701September 05, 1995Full Service Brick and Mortar
4181572Anaconda Branch123 Main Street, Anaconda, MT 59711July 01, 1997Full Service Brick and Mortar
6181574Missoula Branch201 North Higgins, Missoula, MT 59802August 05, 1998Full Service Brick and Mortar
8181575Missoula Brooks Street Branch3309 Brooks St, Missoula, MT 59801Febuary 01, 1999Full Service Brick and Mortar
9181576Anaconda Branch1121 Eastpark, Anaconda, MT 59711September 22, 1999Full Service Brick and Mortar
10360587Bozeman Branch1336 Stoneridge Drive, Bozeman, MT 59718May 21, 2001Full Service Brick and Mortar
1156964Montana First National Bk. Branch85 North Main Street, Kalispell, MT 59901July 18, 1996Full Service Brick and Mortar
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