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)
  • Show street view No street view available for this location

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

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Mountain West Bank of Kalispell, National Association.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents