Mt. McKinley Bank in Fairbanks, Alaska (AK)



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Mt. McKinley Bank routing number info

Table of contents:
Mt. McKinley Bank
GeneralFDIC Certificate #: 19525
Status: Active
Federal Reserve ID: 542667
Date Established: December 03, 1965
WWW: http://www.mtmckinleybank.com
Trust Powers Granted: No
Bank Charter Class: Savings banks, state charter, supervised by the FDIC
Offices: 5 (Domestic: 5, Interstate: No)
OTS Docket #: 7136
FDIC's unique #: 13325
Numeric code: 42
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
FDIC Insured: Yes
Insured Savings Institution: 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: Other Specialized Lending < 1 Billion
Date of Deposit Insurance: December 03, 1965
Last Structure Change Effective Date: Febuary 05, 2009
Last Structure Change Process Date: Febuary 05, 2009
Last Data Update: Febuary 05, 2009
Data Source Date: April 05, 2012
LocationAddress: 500 Fourth Ave, Fairbanks, AK 99701
County: Fairbanks North Star
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: San Francisco
FDIC Field Office: Seattle
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Core Based Statistical Area (CBSA): Fairbanks, AK (#21820)
CBSA Metro Statistical Area: Fairbanks, AK (#21820)
History of ChangesChange in Location
Financial SummaryTotal assets: $306.7 mil
Equity capital: $62.1 mil
Deposits held in domestic offices: $242.1 mil
Return on assets (ROA): 1.20% ($3.7 mil)
Quarterly return on assets: 1.41% ($4.3 mil)
Return on Equity (ROE): 6.17% ($3.8 mil)
Quarterly return on equity: 7.04% ($4.4 mil)
Net income: $3.7 mil
Quarterly Net income: $1.1 mil
Pretax return on assets: 1.50% ($4,600.2 mil)
Quarterly Pretax return on assets: 1.87% ($5,734.9 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)
Total employees (full-time equivalent)76
Total assets$306,681
Cash and due from depository institutions$13,896
Interest-bearing balances$8,738
Securities$160,299
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$106,245
Loan loss allowance $1,775
Trading account assets$0
Bank premises and fixed assets$22,297
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$3,944
Life insurance assets$306,681
Total liabilities and capital$244,576
Total liabilities$242,140
Total deposits$202,046
Interest-bearing deposits$242,140
Deposits held in domestic offices$92
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $2,436
All other liabilities $62,105
Total equity capital$62,105
Total bank equity capital$62,105
Perpetual preferred stock$0
Common stock$0
Surplus$7,550
Undivided profits $54,555
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $2,309
Income earned, not collected on loans $530
Earning assets $7
Long-term assets (5+ years) $1,679
Average Assets, year-to-date $275,282
Average Assets, quarterly $107,911
Volatile liabilities $306,748
Insider loans $307,218
FHLB advances $173,050
Loans and leases held for sale $308,812
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $61,498
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $20,890
Derivatives$222
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $12,571
Total interest expense $768
Net interest income $11,803
Provision for loan and lease losses -$55
Total noninterest income $2,883
Fiduciary activities $0
Service charges on deposit accounts $194
Trading account gains & fees $0
Additional noninterest income $2,689
Total noninterest expense $10,594
Salaries and employee benefits $6,641
Premises and equipment expense $1,818
Additional noninterest expense $2,135
Pre-tax net operating income $4,147
Securities gains (losses) $456
Applicable income taxes $911
Income before extraordinary items $3,692
Extraordinary gains - net $0
Net income attributable to bank $3,692
Net charge-offs $0
Cash dividends $3,692
Sale, conversion, retirement of capital stock, net $83
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.57%
Cost of funding earning assets 0.28%
Net interest margin 4.30%
Noninterest income to earning assets 1.05%
Noninterest expense to earning assets 3.86%
Net operating income to assets 1.08%
Return on assets (ROA) 1.20%
Pretax return on assets 1.50%
Return on equity (ROE) 6.17%
Retained earnings to average equity (YTD only) 6.17%
Net charge-offs to loans 0.07%
Credit loss provision to net charge-offs -66.27%
Efficiency ratio49.30%
Assets per employee$72,137
Cash dividends to net income (YTD only)4.04%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.64%
Noncurrent assets plus other real estate owned to assets 334.91%
Noncurrent loans to loans 0.17%
Net loans and leases to deposits0.49%
Net loans and leases to core deposits 43.88%
Equity capital to assets 45.46%
Core capital (leverage) ratio 20.25%
Tier 1 risk-based capital ratio 19.91%
Total risk-based capital ratio 35.54%
Memoranda
Average assets$37
Average earning assets$306,748
Average equity $59,826
Average loans $274,804
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5 Alaska Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
013325Mt. Mckinley Bank500 Fourth Ave, Fairbanks, AK 99701December 03, 1965Full Service Brick and Mortar
1248680University Avenue Branch1380 University Avenue, Fairbanks, AK 99709July 25, 1991Full Service Brick and Mortar
2365694North Pole45 St. Nicholas Drive, Fairbanks, AK 99701November 05, 2002Full Service Brick and Mortar
3433875Delta Junction Branch1380 Richardson Highway, Delta Junction, AK 99737December 06, 2004Full Service Brick and Mortar
4450322Northeast Branch1248 Old Steese Highway, Fairbanks, AK 99701March 13, 2006Full Service Brick and Mortar
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