Mountain West Bank in Coeur D Alene, Idaho (ID), WA, UT
| Mountain West Bank | |
|---|---|
| General | FDIC Certificate #: 33844 Status: Active Federal Reserve ID: 2114282 Bank Holding Company (Regulatory Top Holder): Glacier Bancorp, Inc. (RSSDID: 2003975, Location: Kalispell, MT) Date Established: October 05, 1993 WWW: http://www.mtnwb.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 24 (Domestic: 24, Interstate: Yes) OTS Docket #: 11213 FDIC's unique #: 48152 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: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: October 05, 1993 Last Structure Change Effective Date: Febuary 15, 2011 Last Structure Change Process Date: Febuary 15, 2011 Last Data Update: Febuary 15, 2011 Data Source Date: April 05, 2012 |
| Location | Address: 125 Ironwood Drive, Coeur D Alene, ID 83814 County: Kootenai Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Salt Lake City Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Core Based Statistical Area (CBSA): Coeur d'Alene, ID (#17660) CBSA Metro Statistical Area: Coeur d'Alene, ID (#17660) |
| Financial Summary | Total assets: $1,129.4 mil Equity capital: $159.2 mil Deposits held in domestic offices: $806.0 mil Return on assets (ROA): -2.16% (-$24.4 mil) Quarterly return on assets: -0.87% (-$9.8 mil) Return on Equity (ROE): -14.50% (-$23.1 mil) Quarterly return on equity: -6.04% (-$9.6 mil) Net income: -$24.8 mil Quarterly Net income: -$2.4 mil Pretax return on assets: -3.57% (-$40,320.2 mil) Quarterly Pretax return on assets: -1.67% (-$18,861.3 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 361 |
| Total assets | $1,129,417 |
| Cash and due from depository institutions | $30,817 |
| Interest-bearing balances | $11,108 |
| Securities | $264,860 |
| Federal funds sold & reverse repurchase agreements | $83,925 |
| Net loans & leases | $671,275 |
| Loan loss allowance | $36,167 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $31,603 |
| Other real estate owned | $18,951 |
| Goodwill and other intangibles | $62 |
| All other assets | $27,924 |
| Life insurance assets | $1,129,417 |
| Total liabilities and capital | $970,198 |
| Total liabilities | $806,039 |
| Total deposits | $543,481 |
| Interest-bearing deposits | $806,039 |
| Deposits held in domestic offices | $92 |
| % insured (estimated) | 39619.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $118,251 |
| Other borrowed funds | $0 |
| Subordinated debt | $6,289 |
| All other liabilities | $159,219 |
| Total equity capital | $159,219 |
| Total bank equity capital | $159,219 |
| Perpetual preferred stock | $0 |
| Common stock | $1,789 |
| Surplus | $136,572 |
| Undivided profits | $20,858 |
| Memoranda | |
| Noncurrent loans and leases | $0 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $34,674 |
| Income earned, not collected on loans | $25,118 |
| Earning assets | $1,071 |
| Long-term assets (5+ years) | $4,109 |
| Average Assets, year-to-date | $1,031,168 |
| Average Assets, quarterly | $317,100 |
| Volatile liabilities | $1,145,503 |
| Insider loans | $1,110,845 |
| FHLB advances | $730,921 |
| Loans and leases held for sale | $1,091,490 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $139,809 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $117,203 |
| Derivatives | $8,696 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $49,655 |
| Total interest expense | $5,615 |
| Net interest income | $44,040 |
| Provision for loan and lease losses | $30,100 |
| Total noninterest income | $12,793 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $5,088 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $7,705 |
| Total noninterest expense | $67,616 |
| Salaries and employee benefits | $19,503 |
| Premises and equipment expense | $6,547 |
| Additional noninterest expense | $41,566 |
| Pre-tax net operating income | -$40,883 |
| Securities gains (losses) | $0 |
| Applicable income taxes | -$16,087 |
| Income before extraordinary items | -$24,796 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | -$24,796 |
| Net charge-offs | $0 |
| Cash dividends | -$24,796 |
| Sale, conversion, retirement of capital stock, net | $28,997 |
| Net operating income | $0 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 4.82% |
| Cost of funding earning assets | 0.55% |
| Net interest margin | 4.28% |
| Noninterest income to earning assets | 1.24% |
| Noninterest expense to earning assets | 6.57% |
| Net operating income to assets | -2.16% |
| Return on assets (ROA) | -2.16% |
| Pretax return on assets | -3.57% |
| Return on equity (ROE) | -14.50% |
| Retained earnings to average equity (YTD only) | -14.50% |
| Net charge-offs to loans | 3.88% |
| Credit loss provision to net charge-offs | 103.80% |
| Efficiency ratio | -0.37% |
| Assets per employee | $78,108 |
| Cash dividends to net income (YTD only) | 3.13% |
| Condition Ratios (%) | |
| Loss allowance to loans | 0.00% |
| Loss allowance to noncurrent loans | 5.11% |
| Noncurrent assets plus other real estate owned to assets | 143.99% |
| Noncurrent loans to loans | 3.90% |
| Net loans and leases to deposits | 3.55% |
| Net loans and leases to core deposits | 83.28% |
| Equity capital to assets | 91.23% |
| Core capital (leverage) ratio | 14.10% |
| Tier 1 risk-based capital ratio | 12.81% |
| Total risk-based capital ratio | 19.13% |
| Memoranda | |
| Average assets | $20 |
| Average earning assets | $1,145,503 |
| Average equity | $170,999 |
| Average loans | $1,029,824 |
| 19 Idaho Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 48152 | Mountain West Bank | 125 Ironwood Drive, Coeur D Alene, ID 83814 | October 05, 1993 | Full Service Brick and Mortar |  |
| 1 | 289967 | Hayden Branch | 305 West Prairie Avenue, Hayden, ID 83835 | June 30, 1996 | Full Service Brick and Mortar |  |
| 2 | 289968 | Post Falls Branch | 709 East Seltice Way, Post Falls, ID 83854 | November 06, 1996 | Full Service Brick and Mortar | |
| 4 | 238313 | Ketchum-Sun Valley Branch | 331 N Leadville Avenue, Ketchum, ID 83340 | Febuary 04, 1966 | Full Service Brick and Mortar | |
| 5 | 238328 | Hailey Branch | 206 N Main Street, Hailey, ID 83333 | September 27, 1972 | Full Service Brick and Mortar | |
| 6 | 230245 | State Street Branch | 433 North 16th Street, Boise, ID 83702 | December 08, 1967 | Full Service Brick and Mortar | |
| 7 | 230253 | Franklin And Cole Branch | 80 South Cole Road, Boise, ID 83709 | Febuary 03, 1975 | Full Service Brick and Mortar | |
| 8 | 230002 | Nampa West Branch | 2024 Caldwell Boulevard, Nampa, ID 83651 | March 17, 1997 | Full Service Brick and Mortar | |
| 11 | 362317 | Meridian Branch | 2970 East Saint Lukes Drive, Meridian, ID 83642 | November 05, 2001 | Full Service Brick and Mortar | |
| 12 | 419736 | Glenwood Branch | 7107 West State Street, Boise, ID 83714 | March 10, 2003 | Full Service Brick and Mortar | |
| 13 | 16600 | Pend Oreille Branch | 476655 Highway 95 North, Ponderay, ID 83852 | Febuary 08, 1982 | Full Service Brick and Mortar | |
| 17 | 238306 | Bonners Ferry Branch | 7186 1st Street, Bonners Ferry, ID 83805 | March 01, 1962 | Full Service Brick and Mortar | |
| 18 | 446925 | 8th And Bannock | 800 West Bannock Street, Boise, ID 83702 | January 09, 2006 | Full Service Brick and Mortar | |
| 19 | 450596 | Coeur D'alene Branch | 1715 W. Kathleen Avenue, Coeur D Alene, ID 83815 | April 03, 2006 | Full Service Brick and Mortar | |
| 20 | 453336 | Nampa 12th Branch | 1223 12th Avenue Road, Nampa, ID 83651 | November 14, 2005 | Full Service Brick and Mortar | |
| 21 | 453337 | Fairview Branch | 4250 Fairview Avenue East, Meridian, ID 83642 | Febuary 20, 2006 | Full Service Brick and Mortar | |
| 22 | 464424 | Eagle Branch | 1539 East Iron Eagle Drive, Eagle, ID 83616 | May 29, 2007 | Full Service Brick and Mortar | |
| 24 | 493070 | Internet Banking Branch | Www.Mountainwestbank.com, Coeur D Alene, ID 83814 | August 11, 2008 | Full Service Cyber | |
| 25 | 493071 | Sandpoint West Branch | 1319 Highway 2, Sandpoint, ID 83864 | September 02, 2008 | Full Service Brick and Mortar | |
| 2 Utah Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 9 | 11231 | Brigham City-Perry Branch | 110 South Main Street, Brigham City, UT 84302 | April 11, 1953 | Full Service Brick and Mortar | |
| 10 | 189102 | Park City Branch | 1776 Park Avenue, Park City, UT 84060 | May 09, 1983 | Full Service Brick and Mortar | |
| 3 Washington Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 14 | 256682 | Newport Branch | 330 North Washington Avenue, Newport, WA 99156 | October 31, 1996 | Full Service Brick and Mortar | |
| 16 | 7154 | Ione Branch | 223 Main Street, Ione, WA 99139 | September 29, 1909 | Full Service Brick and Mortar | |
| 23 | 466263 | Spokane Valley Branch | 12321 East Mission Avenue, Spokane Valley, WA 99206 | November 20, 2006 | Full Service Brick and Mortar | |
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