Mountain Bank in Whitefish, Montana (MT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 21, 1997

  • Mountain Bank in Whitefish, Montana (MT)
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Mountain Bank - Overview

  • General
  • FDIC Certificate #: 19279
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Interstate Bank (#1105)
    Federal Reserve ID: 476258
    Date Established: November 09, 1964
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 13092
    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: November 09, 1964
    Last Structure Change Effective Date: June 21, 1997
    Last Structure Change Process Date: July 01, 1997
    Last Data Update: July 01, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: Third And Spokane, Whitefish, MT 59937
    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: $69.7 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $51Total assets
  • $69,468Cash and due from depository institutions
  • $3,177Interest-bearing balances
  • $13Securities
  • $3,322Federal funds sold & reverse repurchase agreements
  • $665Net loans & leases
  • $51,755Loan loss allowance
  • $495Trading account assets
  • $0Bank premises and fixed assets
  • $3,146Other real estate owned
  • $0Goodwill and other intangibles
  • $3,654Life insurance assets
  • $3,749All other assets
  • $0Total liabilities and capital
  • $69,468Total liabilities
  • $61,503Total deposits
  • $54,765Interest-bearing deposits
  • $39,817Deposits held in domestic offices
  • 54765.00%% insured (estimated)
  • $92Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $6,271Subordinated debt
  • $0All other liabilities
  • $467Total equity capital
  • $467Total bank equity capital
  • $7,965Perpetual preferred stock
  • $0Common stock
  • $440Surplus
  • $7,522Undivided profits
  • Memoranda
  • $3Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $739Income earned, not collected on loans
  • $478Earning assets
  • $55,755Long-term assets (5+ years)
  • $4,545Average Assets, year-to-date
  • $67,493Average Assets, quarterly
  • $71,527Volatile liabilities
  • $9,192Insider loans
  • $243FHLB advances
  • $0Loans and leases held for sale
  • $598Unused loan commitments
  • $1,847Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,216Total risk weighted assets
  • $49,426Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $222Total interest expense
  • $93Net interest income
  • $129Provision for loan and lease losses
  • $0Total noninterest income
  • $54Fiduciary activities
  • $0Service charges on deposit accounts
  • $16Trading account gains & fees
  • $0Additional noninterest income
  • $38Total noninterest expense
  • $179Salaries and employee benefits
  • $71Premises and equipment expense
  • $49Additional noninterest expense
  • $59Pre-tax net operating income
  • $4Securities gains (losses)
  • $0Applicable income taxes
  • $1Income before extraordinary items
  • $3Extraordinary gains - net
  • $0Net income attributable to bank
  • $3Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 0.38%Cost of funding earning assets
  • 0.16%Net interest margin
  • 0.22%Noninterest income to earning assets
  • 0.09%Noninterest expense to earning assets
  • 0.30%Net operating income to assets
  • 0.00%Return on assets (ROA)
  • 0.00%Pretax return on assets
  • 0.01%Return on equity (ROE)
  • 0.05%Retained earnings to average equity (YTD only)
  • 0.05%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 86,339Assets per employee
  • 1.36%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.95%Loss allowance to noncurrent loans
  • 66.98%Noncurrent assets plus other real estate owned to assets
  • 1.06%Noncurrent loans to loans
  • 1.41%Net loans and leases to deposits
  • 94.50%Net loans and leases to core deposits
  • 108.79%Equity capital to assets
  • 11.47%Core capital (leverage) ratio
  • 6.42%Tier 1 risk-based capital ratio
  • 8.53%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $67,493Average earning assets
  • $5,719Average equity
  • $58,826Average loans

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