Flint Creek Valley Bank in Philipsburg, Montana (MT)
Overview, Financial Summary, Detailed Financial Reports, Branches

Flint Creek Valley Bank - Overview

  • General
  • FDIC Certificate #: 15744
    Status: Active
    Federal Reserve ID: 619457
    Bank Holding Company (Regulatory Top Holder): Flint Creek Holding Company (RSSDID: 2323495, Location: Philipsburg, MT)
    Date Established: April 15, 1940
    WWW: http://www.flintcreekvalleybank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 9997
    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: May 31, 1940
    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: 139 East Broadway St, Philipsburg, MT 59858
    County: Granite
    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
  • Change in Location
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $61.5 mil
    Equity capital: $5.2 mil
    Deposits held in domestic offices: $54.8 mil
    Return on assets (ROA): 0.75% ($0.5 mil)
    Quarterly return on assets: 0.82% ($0.5 mil)
    Return on Equity (ROE): 8.33% ($0.4 mil)
    Quarterly return on equity: 9.35% ($0.5 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.05% ($645.4 mil)
    Quarterly Pretax return on assets: 0.68% ($418.0 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
  • 21Total employees (full-time equivalent)
  • $61,465Total assets
  • $10,413Cash and due from depository institutions
  • $8,890Interest-bearing balances
  • $5,185Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $41,271Net loans & leases
  • $530Loan loss allowance
  • $0Trading account assets
  • $1,834Bank premises and fixed assets
  • $2Other real estate owned
  • $0Goodwill and other intangibles
  • $61,465Life insurance assets
  • $2,760All other assets
  • $56,216Total liabilities and capital
  • $54,836Total liabilities
  • $38,186Total deposits
  • $54,836Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,380Subordinated debt
  • $5,249All other liabilities
  • $5,249Total equity capital
  • $5,249Total bank equity capital
  • $0Perpetual preferred stock
  • $300Common stock
  • $4,200Surplus
  • $749Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,093Income earned, not collected on loans
  • $0Earning assets
  • $250Long-term assets (5+ years)
  • $55,346Average Assets, year-to-date
  • $18,852Average Assets, quarterly
  • $57,854Volatile liabilities
  • $60,320Insider loans
  • $41,411FHLB advances
  • $60,218Loans and leases held for sale
  • $1,472Unused loan commitments
  • $1,472Tier 1 (core) risk-based capital
  • $5,235Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,414Restructured Loans and leases
  • $924Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,009Total interest income
  • $204Total interest expense
  • $2,805Net interest income
  • $151Provision for loan and lease losses
  • $272Total noninterest income
  • $0Fiduciary activities
  • $51Service charges on deposit accounts
  • $0Trading account gains & fees
  • $221Additional noninterest income
  • $2,321Total noninterest expense
  • $1,362Salaries and employee benefits
  • $192Premises and equipment expense
  • $767Additional noninterest expense
  • $605Pre-tax net operating income
  • $0Securities gains (losses)
  • $172Applicable income taxes
  • $433Income before extraordinary items
  • $0Extraordinary gains - net
  • $433Net income attributable to bank
  • $0Net charge-offs
  • $433Cash dividends
  • $171Sale, conversion, retirement of capital stock, net
  • $180Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.81%Yield on earning assets
  • 0.39%Cost of funding earning assets
  • 5.42%Net interest margin
  • 0.53%Noninterest income to earning assets
  • 4.48%Noninterest expense to earning assets
  • 0.75%Net operating income to assets
  • 0.75%Return on assets (ROA)
  • 1.05%Pretax return on assets
  • 8.33%Return on equity (ROE)
  • 4.87%Retained earnings to average equity (YTD only)
  • 0.40%Net charge-offs to loans
  • 88.30%Credit loss provision to net charge-offs
  • 4.42%Efficiency ratio
  • 75,431Assets per employee
  • 2.93%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 41.57%Loss allowance to loans
  • 1.27%Loss allowance to noncurrent loans
  • 48.49%Noncurrent assets plus other real estate owned to assets
  • 1.78%Noncurrent loans to loans
  • 2.61%Net loans and leases to deposits
  • 75.26%Net loans and leases to core deposits
  • 79.01%Equity capital to assets
  • 8.54%Core capital (leverage) ratio
  • 8.69%Tier 1 risk-based capital ratio
  • 12.64%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $57,854Average earning assets
  • $5,199Average equity
  • $51,750Average loans

List of branches

  • 3 Montana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09997Flint Creek Valley Bank139 East Broadway St, Philipsburg, MT 59858April 15, 1940Full Service Brick and Mortar
    1359088Drummond Branch27 A St, Drummond, MT 59832November 02, 1998Full Service Brick and Mortar
    2359089Butte Branch605 Dewey Boulevard, Butte, MT 59701Febuary 01, 1999Full Service Brick and Mortar

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