Richey National Bank in Richey, Montana (MT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 20, 1993

  • Richey National Bank in Richey, Montana (MT)
  • Show street view No street view available for this location

Richey National Bank - Overview

  • General
  • FDIC Certificate #: 1112
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: FirstWest Bank (#2177)
    Federal Reserve ID: 623351
    Date Established: July 14, 1916
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 755
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 20, 1993
    Last Structure Change Process Date: March 31, 1993
    Last Data Update: April 05, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: Railroad Avenue And Main Street, Richey, MT 59259
    County: Dawson
    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
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $7.9 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $6Total assets
  • $7,875Cash and due from depository institutions
  • $767Interest-bearing balances
  • $191Securities
  • $1,382Federal funds sold & reverse repurchase agreements
  • $100Net loans & leases
  • $5,224Loan loss allowance
  • $236Trading account assets
  • $0Bank premises and fixed assets
  • $221Other real estate owned
  • $19Goodwill and other intangibles
  • $162Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $7,875Total liabilities
  • $7,361Total deposits
  • $7,309Interest-bearing deposits
  • $6,076Deposits held in domestic offices
  • 7309.00%% insured (estimated)
  • $100Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $52Total equity capital
  • $52Total bank equity capital
  • $514Perpetual preferred stock
  • $0Common stock
  • $375Surplus
  • $375Undivided profits
  • Memoranda
  • $-236Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $157Income earned, not collected on loans
  • $127Earning assets
  • $6,897Long-term assets (5+ years)
  • $993Average Assets, year-to-date
  • $8,550Average Assets, quarterly
  • $8,188Volatile liabilities
  • $100Insider loans
  • $190FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $1,566Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $514Total risk weighted assets
  • $5,447Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $739Total interest expense
  • $351Net interest income
  • $388Provision for loan and lease losses
  • -$17Total noninterest income
  • $46Fiduciary activities
  • $0Service charges on deposit accounts
  • $30Trading account gains & fees
  • $0Additional noninterest income
  • $16Total noninterest expense
  • $346Salaries and employee benefits
  • $205Premises and equipment expense
  • $39Additional noninterest expense
  • $102Pre-tax net operating income
  • $105Securities gains (losses)
  • $12Applicable income taxes
  • $36Income before extraordinary items
  • $81Extraordinary gains - net
  • $36Net income attributable to bank
  • $117Net charge-offs
  • -$35Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.80%Cost of funding earning assets
  • 4.66%Net interest margin
  • 5.15%Noninterest income to earning assets
  • 0.61%Noninterest expense to earning assets
  • 4.59%Net operating income to assets
  • 0.85%Return on assets (ROA)
  • 1.37%Pretax return on assets
  • 1.79%Return on equity (ROE)
  • 25.70%Retained earnings to average equity (YTD only)
  • 25.70%Net charge-offs to loans
  • -0.66%Credit loss provision to net charge-offs
  • 48.57%Efficiency ratio
  • 79,724Assets per employee
  • 1.31%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.32%Loss allowance to noncurrent loans
  • 150.32%Noncurrent assets plus other real estate owned to assets
  • 2.23%Noncurrent loans to loans
  • 2.88%Net loans and leases to deposits
  • 71.47%Net loans and leases to core deposits
  • 72.46%Equity capital to assets
  • 6.53%Core capital (leverage) ratio
  • 6.30%Tier 1 risk-based capital ratio
  • 9.44%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $8,550Average earning assets
  • $455Average equity
  • $7,537Average 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 Richey National Bank.
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