First National Bank of Gillette in Gillette, Wyoming (WY)
Overview, Financial Summary, Detailed Financial Reports, Branches

First National Bank of Gillette - Overview

  • General
  • FDIC Certificate #: 18880
    Status: Active
    Federal Reserve ID: 890050
    Bank Holding Company (Regulatory Top Holder): First National Bank Of Gillette Holding Company (RSSDID: 1057908, Location: Gillette, WY)
    Date Established: September 10, 1963
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 12732
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion
    Date of Deposit Insurance: September 10, 1963
    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
  • Location
  • Address: 319 South Gillette Avenue, Gillette, WY 82716
    County: Campbell
    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): Gillette, WY (#23940)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $450.5 mil
    Equity capital: $51.1 mil
    Deposits held in domestic offices: $398.0 mil
    Return on assets (ROA): 1.07% ($4.8 mil)
    Quarterly return on assets: 1.41% ($6.3 mil)
    Return on Equity (ROE): 8.94% ($4.6 mil)
    Quarterly return on equity: 11.91% ($6.1 mil)
    Net income: $4.4 mil
    Quarterly Net income: $1.5 mil
    Pretax return on assets: 1.07% ($4,819.9 mil)
    Quarterly Pretax return on assets: 1.41% ($6,351.5 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
  • 80Total employees (full-time equivalent)
  • $450,458Total assets
  • $87,160Cash and due from depository institutions
  • $79,778Interest-bearing balances
  • $237,413Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $121,318Net loans & leases
  • $2,102Loan loss allowance
  • $0Trading account assets
  • $667Bank premises and fixed assets
  • $830Other real estate owned
  • $0Goodwill and other intangibles
  • $450,458Life insurance assets
  • $3,070All other assets
  • $399,328Total liabilities and capital
  • $398,010Total liabilities
  • $332,406Total deposits
  • $398,010Interest-bearing deposits
  • $68Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,318Subordinated debt
  • $51,130All other liabilities
  • $51,130Total equity capital
  • $51,130Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $1,800Surplus
  • $49,230Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $7,479Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,435Income earned, not collected on loans
  • $0Earning assets
  • $1,716Long-term assets (5+ years)
  • $438,509Average Assets, year-to-date
  • $196,168Average Assets, quarterly
  • $409,041Volatile liabilities
  • $429,674Insider loans
  • $174,565FHLB advances
  • $434,231Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $45,661Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $63,626Restructured Loans and leases
  • $10,487Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $14,279Total interest income
  • $2,449Total interest expense
  • $11,830Net interest income
  • $1,675Provision for loan and lease losses
  • $5,270Total noninterest income
  • $0Fiduciary activities
  • $522Service charges on deposit accounts
  • $0Trading account gains & fees
  • $4,748Additional noninterest income
  • $11,291Total noninterest expense
  • $6,206Salaries and employee benefits
  • $707Premises and equipment expense
  • $4,378Additional noninterest expense
  • $4,134Pre-tax net operating income
  • $235Securities gains (losses)
  • $0Applicable income taxes
  • $4,369Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,369Net income attributable to bank
  • $0Net charge-offs
  • $4,369Cash dividends
  • $2,056Sale, conversion, retirement of capital stock, net
  • $2,150Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.59%Yield on earning assets
  • 0.62%Cost of funding earning assets
  • 2.98%Net interest margin
  • 1.33%Noninterest income to earning assets
  • 2.84%Noninterest expense to earning assets
  • 1.01%Net operating income to assets
  • 1.07%Return on assets (ROA)
  • 1.07%Pretax return on assets
  • 8.94%Return on equity (ROE)
  • 4.54%Retained earnings to average equity (YTD only)
  • 1.71%Net charge-offs to loans
  • 81.47%Credit loss provision to net charge-offs
  • 2.83%Efficiency ratio
  • 66,029Assets per employee
  • 5.63%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 49.21%Loss allowance to loans
  • 1.70%Loss allowance to noncurrent loans
  • 146.48%Noncurrent assets plus other real estate owned to assets
  • 0.50%Noncurrent loans to loans
  • 1.16%Net loans and leases to deposits
  • 30.48%Net loans and leases to core deposits
  • 33.96%Equity capital to assets
  • 11.35%Core capital (leverage) ratio
  • 10.52%Tier 1 risk-based capital ratio
  • 26.16%Total risk-based capital ratio
  • Memoranda
  • $27Average assets
  • $409,041Average earning assets
  • $48,870Average equity
  • $397,378Average loans

List of branches

  • 2 Wyoming Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    012732First National Bank Of Gillette319 South Gillette Avenue, Gillette, WY 82716September 10, 1963Full Service Brick and Mortar
    1492331R C Ranch Branch520 Running W Drive, Gillette, WY 82718November 10, 2008Full Service Brick and Mortar

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