Mountain West Bank of Kalispell, National Association in Kalispell, Montana (MT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 04, 2009

  • Mountain West Bank of Kalispell, National Association in Kalispell, Montana (MT)
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Mountain West Bank of Kalispell, National Association - Overview

  • General
  • FDIC Certificate #: 26972
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Mountain West Bank, National Association (#33314)
    Federal Reserve ID: 610155
    Date Established: May 18, 1987
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    OTS Docket #: 9940
    FDIC's unique #: 36387
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: May 18, 1987
    Last Structure Change Effective Date: April 04, 2009
    Last Structure Change Process Date: May 20, 2009
    Last Data Update: May 20, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 444 West Idaho, 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: $118.0 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, 2008)

  • Dollar figures in thousands
  • 37Total employees (full-time equivalent)
  • $120,461Total assets
  • $5,258Cash and due from depository institutions
  • $3,092Interest-bearing balances
  • $10,173Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $99,231Net loans & leases
  • $1,559Loan loss allowance
  • $0Trading account assets
  • $4,052Bank premises and fixed assets
  • $41Other real estate owned
  • $15Goodwill and other intangibles
  • $0Life insurance assets
  • $1,691All other assets
  • $120,462Total liabilities and capital
  • $110,363Total liabilities
  • $94,481Total deposits
  • $83,289Interest-bearing deposits
  • $94,481Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $14,928Other borrowed funds
  • $0Subordinated debt
  • $954All other liabilities
  • $10,099Total equity capital
  • $10,099Total bank equity capital
  • $10,099Perpetual preferred stock
  • $0Common stock
  • $988Surplus
  • $1,529Undivided profits
  • Memoranda
  • $7,582Noncurrent loans and leases
  • $18,496Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,108Earning assets
  • $0Long-term assets (5+ years)
  • $567Average Assets, year-to-date
  • $112,496Average Assets, quarterly
  • $11,925Volatile liabilities
  • $119,563Insider loans
  • $119,700FHLB advances
  • $37,410Loans and leases held for sale
  • $2,012Unused loan commitments
  • $14,928Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $18,496Total unused commitments
  • $0Restructured Loans and leases
  • $1,330Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $8,269Total interest income
  • $3,598Total interest expense
  • $4,671Net interest income
  • $818Provision for loan and lease losses
  • $1,004Total noninterest income
  • $0Fiduciary activities
  • $578Service charges on deposit accounts
  • $0Trading account gains & fees
  • $426Additional noninterest income
  • $4,027Total noninterest expense
  • $1,784Salaries and employee benefits
  • $553Premises and equipment expense
  • $1,690Additional noninterest expense
  • $830Pre-tax net operating income
  • $0Securities gains (losses)
  • $317Applicable income taxes
  • $513Income before extraordinary items
  • $0Extraordinary gains - net
  • $513Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $389Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.45%Yield on earning assets
  • 3.24%Cost of funding earning assets
  • 4.21%Net interest margin
  • 0.90%Noninterest income to earning assets
  • 3.63%Noninterest expense to earning assets
  • 0.43%Net operating income to assets
  • 0.43%Return on assets (ROA)
  • 0.69%Pretax return on assets
  • 5.23%Return on equity (ROE)
  • 5.23%Retained earnings to average equity (YTD only)
  • 0.38%Net charge-offs to loans
  • 210.28%Credit loss provision to net charge-offs
  • 4.24%Efficiency ratio
  • 70,960Assets per employee
  • 3.26%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.55%Loss allowance to noncurrent loans
  • 140.70%Noncurrent assets plus other real estate owned to assets
  • 0.95%Noncurrent loans to loans
  • 1.10%Net loans and leases to deposits
  • 105.03%Net loans and leases to core deposits
  • 165.19%Equity capital to assets
  • 8.38%Core capital (leverage) ratio
  • 8.22%Tier 1 risk-based capital ratio
  • 9.46%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $119,563Average earning assets
  • $9,810Average equity
  • $110,955Average loans

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