First Security Bank of Belgrade in Belgrade, Montana (MT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 28, 1998

  • First Security Bank of Belgrade in Belgrade, Montana (MT)
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First Security Bank of Belgrade - Overview

  • General
  • FDIC Certificate #: 34268
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: First Security Bank (#1520)
    Federal Reserve ID: 2374442
    Date Established: April 01, 1997
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 57027
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: April 01, 1997
    Last Structure Change Effective Date: December 28, 1998
    Last Structure Change Process Date: Febuary 11, 1999
    Last Data Update: Febuary 11, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 511 West Main Street, Belgrade, MT 59714
    County: Gallatin
    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): Bozeman, MT (#14580)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $8.2 mil

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 8Total employees (full-time equivalent)
  • $5,640Total assets
  • $377Cash and due from depository institutions
  • $0Interest-bearing balances
  • $0Securities
  • $2,255Federal funds sold & reverse repurchase agreements
  • $2,075Net loans & leases
  • $24Loan loss allowance
  • $0Trading account assets
  • $868Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $65All other assets
  • $5,640Total liabilities and capital
  • $3,992Total liabilities
  • $3,963Total deposits
  • $3,225Interest-bearing deposits
  • $3,963Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $29All other liabilities
  • $1,648Total equity capital
  • $1,648Total bank equity capital
  • $1,648Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $1,000Undivided profits
  • Memoranda
  • $-352Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $13Average Assets, year-to-date
  • $4,330Average Assets, quarterly
  • $607Volatile liabilities
  • $5,033Insider loans
  • $5,387FHLB advances
  • $503Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $897Total unused commitments
  • $0Restructured Loans and leases
  • $3,546Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $160Total interest income
  • $66Total interest expense
  • $94Net interest income
  • $24Provision for loan and lease losses
  • $41Total noninterest income
  • $0Fiduciary activities
  • $23Service charges on deposit accounts
  • $0Trading account gains & fees
  • $18Additional noninterest income
  • $463Total noninterest expense
  • $191Salaries and employee benefits
  • $123Premises and equipment expense
  • $149Additional noninterest expense
  • -$352Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$352Income before extraordinary items
  • $0Extraordinary gains - net
  • -$352Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.32%Yield on earning assets
  • 1.78%Cost of funding earning assets
  • 2.54%Net interest margin
  • 1.11%Noninterest income to earning assets
  • 12.49%Noninterest expense to earning assets
  • -6.99%Net operating income to assets
  • -6.99%Return on assets (ROA)
  • -6.99%Pretax return on assets
  • -19.85%Return on equity (ROE)
  • -19.85%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 342,963Assets per employee
  • 0.70%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.14%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 52.36%Net loans and leases to core deposits
  • 59.97%Equity capital to assets
  • 29.22%Core capital (leverage) ratio
  • 30.29%Tier 1 risk-based capital ratio
  • 46.47%Total risk-based capital ratio
  • Memoranda
  • $47Average assets
  • $5,033Average earning assets
  • $1,774Average equity
  • $3,707Average loans

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