Prairie Mountain Bank in Great Falls, Montana (MT)



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Prairie Mountain Bank routing number info

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Prairie Mountain Bank
GeneralFDIC Certificate #: 57453
Status: Active
Federal Reserve ID: 3097243
Date Established: November 01, 2002
WWW: http://www.prairiemountainbank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 363815
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: November 01, 2002
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
LocationAddress: 1019 7th Street South, Great Falls, MT 59405
County: Cascade
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
Metropolitan Statistical Area (MSA): Great Falls, MT (#3040)
Core Based Statistical Area (CBSA): Great Falls, MT (#24500)
CBSA Metro Statistical Area: Great Falls, MT (#24500)
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $69.0 mil
Equity capital: $6.3 mil
Deposits held in domestic offices: $61.5 mil
Return on assets (ROA): 0.98% ($0.7 mil)
Quarterly return on assets: 1.07% ($0.7 mil)
Return on Equity (ROE): 10.88% ($0.7 mil)
Quarterly return on equity: 11.80% ($0.7 mil)
Net income: $0.7 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: 1.63% ($1,124.4 mil)
Quarterly Pretax return on assets: 1.76% ($1,214.1 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)29
Total assets$68,982
Cash and due from depository institutions$7,472
Interest-bearing balances$5,093
Securities$1,191
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$55,933
Loan loss allowance $1,204
Trading account assets$0
Bank premises and fixed assets$3,253
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$1,133
Life insurance assets$68,982
Total liabilities and capital$62,633
Total liabilities$61,491
Total deposits$53,014
Interest-bearing deposits$61,491
Deposits held in domestic offices$87
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$1,017
Other borrowed funds $0
Subordinated debt $125
All other liabilities $6,349
Total equity capital$6,349
Total bank equity capital$6,349
Perpetual preferred stock$0
Common stock$6,084
Surplus$1,459
Undivided profits $-1,194
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $86
Income earned, not collected on loans $3,065
Earning assets $0
Long-term assets (5+ years) $310
Average Assets, year-to-date $62,217
Average Assets, quarterly $1,397
Volatile liabilities $68,309
Insider loans $69,159
FHLB advances $58,127
Loans and leases held for sale $70,200
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $6,405
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $8,197
Derivatives$2,780
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $3,850
Total interest expense $489
Net interest income $3,361
Provision for loan and lease losses $216
Total noninterest income $626
Fiduciary activities $0
Service charges on deposit accounts $82
Trading account gains & fees $0
Additional noninterest income $544
Total noninterest expense $2,678
Salaries and employee benefits $1,408
Premises and equipment expense $328
Additional noninterest expense $942
Pre-tax net operating income $1,093
Securities gains (losses) $19
Applicable income taxes $445
Income before extraordinary items $667
Extraordinary gains - net $0
Net income attributable to bank $667
Net charge-offs $0
Cash dividends $667
Sale, conversion, retirement of capital stock, net $0
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 assets6.28%
Cost of funding earning assets 0.80%
Net interest margin 5.48%
Noninterest income to earning assets 1.02%
Noninterest expense to earning assets 4.37%
Net operating income to assets 0.96%
Return on assets (ROA) 0.98%
Pretax return on assets 1.63%
Return on equity (ROE) 10.88%
Retained earnings to average equity (YTD only) 10.88%
Net charge-offs to loans 0.00%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio0.00%
Assets per employee$67,168
Cash dividends to net income (YTD only)2.38%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 2.11%
Noncurrent assets plus other real estate owned to assets 39.28%
Noncurrent loans to loans 4.44%
Net loans and leases to deposits5.36%
Net loans and leases to core deposits 90.96%
Equity capital to assets 99.83%
Core capital (leverage) ratio 9.20%
Tier 1 risk-based capital ratio 9.12%
Total risk-based capital ratio 11.02%
Memoranda
Average assets$12
Average earning assets$68,309
Average equity $6,129
Average loans $61,324
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2 Montana Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0363815Prairie Mountain Bank1019 7th Street South, Great Falls, MT 59405November 01, 2002Full Service Brick and Mortar
1496112Prairie Mountain Bank East Branch3635 10th Avenue South, Great Falls, MT 59405October 13, 2009Full Service Brick and Mortar
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