Richland Bank & Trust in Sidney, Montana (MT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 05, 1997

Richland Bank & Trust in Sidney, Montana (MT)
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Richland Bank & Trust - Overview

General
FDIC Certificate #: 2202
Status: Inactive
Closing history: Corrections
Acquiring institution: Stockman Bank of Montana (#16191)
Federal Reserve ID: 473659
Date Established: April 14, 1925
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
OTS Docket #: 11534
FDIC's unique #: 1459
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: April 05, 1997
Last Structure Change Process Date: April 30, 1997
Last Data Update: May 01, 1997
Data Source Date: April 05, 2012
Location
Address: 101 South Central Avenue, Sidney, MT 59270
County: Richland
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: $76.3 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$25Total assets
$76,655Cash and due from depository institutions
$3,977Interest-bearing balances
$7Securities
$27,892Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$42,675Loan loss allowance
$877Trading account assets
$0Bank premises and fixed assets
$459Other real estate owned
$0Goodwill and other intangibles
$1,652Life insurance assets
$0All other assets
$0Total liabilities and capital
$76,655Total liabilities
$69,838Total deposits
$60,704Interest-bearing deposits
$50,268Deposits held in domestic offices
60704.00%% insured (estimated)
$92Federal funds purchased & repurchase agreements
$8,484Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$650Total equity capital
$650Total bank equity capital
$6,817Perpetual preferred stock
$0Common stock
$1,500Surplus
$3,750Undivided profits
Memoranda
$1,567Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$741Income earned, not collected on loans
$1,103Earning assets
$70,574Long-term assets (5+ years)
$6,327Average Assets, year-to-date
$76,851Average Assets, quarterly
$77,576Volatile liabilities
$14,083Insider loans
$32FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$13,822Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$6,807Total risk weighted assets
$50,007Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$6,073Total interest expense
$2,898Net interest income
$3,175Provision for loan and lease losses
$0Total noninterest income
$616Fiduciary activities
$0Service charges on deposit accounts
$290Trading account gains & fees
$0Additional noninterest income
$326Total noninterest expense
$1,661Salaries and employee benefits
$856Premises and equipment expense
$97Additional noninterest expense
$708Pre-tax net operating income
$2,130Securities gains (losses)
-$11Applicable income taxes
$805Income before extraordinary items
$1,314Extraordinary gains - net
$0Net income attributable to bank
$1,314Net charge-offs
-$14Cash dividends
$950Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.45%Cost of funding earning assets
4.03%Net interest margin
4.42%Noninterest income to earning assets
0.86%Noninterest expense to earning assets
2.31%Net operating income to assets
1.72%Return on assets (ROA)
1.71%Pretax return on assets
2.76%Return on equity (ROE)
20.24%Retained earnings to average equity (YTD only)
5.61%Net charge-offs to loans
-0.03%Credit loss provision to net charge-offs
0.00%Efficiency ratio
43,814Assets per employee
3.07%Cash dividends to net income (YTD only)
Condition Ratios (%)
72.30%Loss allowance to loans
2.01%Loss allowance to noncurrent loans
118.35%Noncurrent assets plus other real estate owned to assets
0.97%Noncurrent loans to loans
1.70%Net loans and leases to deposits
70.30%Net loans and leases to core deposits
77.44%Equity capital to assets
8.89%Core capital (leverage) ratio
8.62%Tier 1 risk-based capital ratio
13.61%Total risk-based capital ratio
Memoranda
$15Average assets
$76,851Average earning assets
$6,493Average equity
$71,842Average loans

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