Flathead Bank of Bigfork, Montana in Kalispell, Montana (MT)
Overview, Financial Summary, Detailed Financial Reports, Branches


Flathead Bank of Bigfork, Montana - Overview

  • General
  • FDIC Certificate #: 20382
    Status: Active
    Federal Reserve ID: 811756
    Bank Holding Company (Regulatory Top Holder): Flathead Holding Company Of Bigfork (RSSDID: 1127892, Location: Bigfork, MT)
    Date Established: March 15, 1971
    WWW: http://www.flatheadbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Domestic: 7, Interstate: No)
    OTS Docket #: 11185
    FDIC's unique #: 14042
    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: March 15, 1971
    Last Structure Change Effective Date: September 22, 2010
    Last Structure Change Process Date: September 22, 2010
    Last Data Update: September 22, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 120 Hutton Ranch Road, Kalispell, MT 59901
    County: Flathead
    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): Kalispell, MT (#28060)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $203.9 mil
    Equity capital: $25.9 mil
    Deposits held in domestic offices: $161.4 mil
    Return on assets (ROA): -1.69% (-$3.4 mil)
    Quarterly return on assets: -7.16% (-$14.6 mil)
    Return on Equity (ROE): -12.36% (-$3.2 mil)
    Quarterly return on equity: -53.17% (-$13.8 mil)
    Net income: -$3.5 mil
    Quarterly Net income: -$3.7 mil
    Pretax return on assets: -1.69% (-$3,446.3 mil)
    Quarterly Pretax return on assets: -7.16% (-$14,601.1 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
  • 68Total employees (full-time equivalent)
  • $203,926Total assets
  • $19,821Cash and due from depository institutions
  • $17,571Interest-bearing balances
  • $33,058Securities
  • $995Federal funds sold & reverse repurchase agreements
  • $126,753Net loans & leases
  • $4,376Loan loss allowance
  • $0Trading account assets
  • $4,810Bank premises and fixed assets
  • $5,968Other real estate owned
  • $4,295Goodwill and other intangibles
  • $203,926Life insurance assets
  • $8,226All other assets
  • $178,027Total liabilities and capital
  • $161,441Total liabilities
  • $131,696Total deposits
  • $161,441Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 10308.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $5,417Trading liabilities
  • $0Other borrowed funds
  • $861Subordinated debt
  • $25,899All other liabilities
  • $25,899Total equity capital
  • $25,899Total bank equity capital
  • $0Perpetual preferred stock
  • $900Common stock
  • $18,183Surplus
  • $6,816Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $1,559Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $10,447Income earned, not collected on loans
  • $1,338Earning assets
  • $926Long-term assets (5+ years)
  • $178,377Average Assets, year-to-date
  • $32,322Average Assets, quarterly
  • $209,319Volatile liabilities
  • $206,883Insider loans
  • $143,748FHLB advances
  • $206,756Loans and leases held for sale
  • $5,614Unused loan commitments
  • $1,969Tier 1 (core) risk-based capital
  • $21,019Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,645Total unused commitments
  • $9,953Restructured Loans and leases
  • $388Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,119Total interest income
  • $1,084Total interest expense
  • $8,035Net interest income
  • $6,546Provision for loan and lease losses
  • $1,446Total noninterest income
  • $0Fiduciary activities
  • $663Service charges on deposit accounts
  • $0Trading account gains & fees
  • $783Additional noninterest income
  • $6,516Total noninterest expense
  • $3,211Salaries and employee benefits
  • $730Premises and equipment expense
  • $2,575Additional noninterest expense
  • -$3,581Pre-tax net operating income
  • $34Securities gains (losses)
  • $0Applicable income taxes
  • -$3,547Income before extraordinary items
  • $0Extraordinary gains - net
  • -$3,547Net income attributable to bank
  • $0Net charge-offs
  • -$3,547Cash dividends
  • $4,976Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.96%Yield on earning assets
  • 0.59%Cost of funding earning assets
  • 4.37%Net interest margin
  • 0.79%Noninterest income to earning assets
  • 3.54%Noninterest expense to earning assets
  • -1.71%Net operating income to assets
  • -1.69%Return on assets (ROA)
  • -1.69%Pretax return on assets
  • -12.36%Return on equity (ROE)
  • -12.36%Retained earnings to average equity (YTD only)
  • 3.44%Net charge-offs to loans
  • 131.55%Credit loss provision to net charge-offs
  • 0.60%Efficiency ratio
  • 67,714Assets per employee
  • 3.00%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.34%Loss allowance to noncurrent loans
  • 41.89%Noncurrent assets plus other real estate owned to assets
  • 8.05%Noncurrent loans to loans
  • 7.97%Net loans and leases to deposits
  • 78.51%Net loans and leases to core deposits
  • 81.05%Equity capital to assets
  • 12.70%Core capital (leverage) ratio
  • 10.17%Tier 1 risk-based capital ratio
  • 14.62%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $209,319Average earning assets
  • $28,699Average equity
  • $183,933Average loans

List of branches

  • 7 Montana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    014042Flathead Bank Of Bigfork, Montana120 Hutton Ranch Road, Kalispell, MT 59901March 15, 1971Full Service Brick and Mortar
    1250873Lakeside BranchU.S. Highway 93 And Stoner Creek Road, Lakeside, MT 59922June 01, 1994Full Service Brick and Mortar
    39621Valley Bank Of Belgrade Branch100 North Broadway, Belgrade, MT 59714May 06, 1902Full Service Brick and Mortar
    4233570Lee & Dad's Grocery Branch205 West Madison Avenue, Belgrade, MT 59714March 31, 1995Full Service Retail
    5364192Ennis Branch118 Williams Street, Ennis, MT 59729June 26, 2001Full Service Brick and Mortar
    69723Cut Bank Branch24 East Main Street, Cut Bank, MT 59427January 01, 1935Full Service Brick and Mortar
    7471087Hutton Ranch Branch120 Hutton Ranch Road, Kalispell, MT 59901Febuary 11, 2008Full Service Brick and Mortar

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