Rocky Mountain Bank in Billings, Montana (MT)
Overview, Financial Summary, Detailed Financial Reports, Branches


Rocky Mountain Bank - Overview

  • General
  • FDIC Certificate #: 20310
    Status: Active
    Federal Reserve ID: 663058
    Bank Holding Company (Regulatory Top Holder): Heartland Financial Usa, Inc. (RSSDID: 1206546, Location: Dubuque, IA)
    Date Established: October 19, 1970
    WWW: http://www.rmbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 9 (Domestic: 9, Interstate: No)
    OTS Docket #: 13461
    FDIC's unique #: 13983
    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 25, 1970
    Last Structure Change Effective Date: January 01, 2008
    Last Structure Change Process Date: March 04, 2009
    Last Data Update: March 04, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 2615 King Avenue West, Billings, MT 59102
    County: Yellowstone
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Billings
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Billings, MT (#880)
    Core Based Statistical Area (CBSA): Billings, MT (#13740)
    CBSA Metro Statistical Area: Billings, MT (#13740)
  • Financial Summary
  • Total assets: $434.6 mil
    Equity capital: $51.4 mil
    Deposits held in domestic offices: $365.4 mil
    Return on assets (ROA): 0.30% ($1.3 mil)
    Quarterly return on assets: 0.46% ($2.0 mil)
    Return on Equity (ROE): 2.57% ($1.3 mil)
    Quarterly return on equity: 3.85% ($2.0 mil)
    Net income: $1.3 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 0.41% ($1,781.7 mil)
    Quarterly Pretax return on assets: 0.58% ($2,520.5 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
  • 114Total employees (full-time equivalent)
  • $434,565Total assets
  • $6,978Cash and due from depository institutions
  • $42Interest-bearing balances
  • $125,743Securities
  • $8,850Federal funds sold & reverse repurchase agreements
  • $255,457Net loans & leases
  • $3,865Loan loss allowance
  • $0Trading account assets
  • $14,942Bank premises and fixed assets
  • $5,729Other real estate owned
  • $5,756Goodwill and other intangibles
  • $434,565Life insurance assets
  • $11,110All other assets
  • $383,154Total liabilities and capital
  • $365,373Total liabilities
  • $297,929Total deposits
  • $365,373Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 2345.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $11,017Trading liabilities
  • $0Other borrowed funds
  • $4,419Subordinated debt
  • $51,411All other liabilities
  • $51,411Total equity capital
  • $51,411Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $49,739Surplus
  • $1,672Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $2,638Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $8,662Income earned, not collected on loans
  • $0Earning assets
  • $2,524Long-term assets (5+ years)
  • $390,092Average Assets, year-to-date
  • $102,156Average Assets, quarterly
  • $423,004Volatile liabilities
  • $429,849Insider loans
  • $298,232FHLB advances
  • $423,460Loans and leases held for sale
  • $3,992Unused loan commitments
  • $2,774Tier 1 (core) risk-based capital
  • $44,452Tier 2 risk-based capital
  • $1,218Total risk weighted assets
  • $0Total unused commitments
  • $56,753Restructured Loans and leases
  • $3,489Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $18,986Total interest income
  • $4,112Total interest expense
  • $14,874Net interest income
  • $4,609Provision for loan and lease losses
  • $2,383Total noninterest income
  • $0Fiduciary activities
  • $1,220Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,163Additional noninterest income
  • $11,472Total noninterest expense
  • $5,710Salaries and employee benefits
  • $1,591Premises and equipment expense
  • $4,171Additional noninterest expense
  • $1,176Pre-tax net operating income
  • $564Securities gains (losses)
  • $451Applicable income taxes
  • $1,289Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,289Net income attributable to bank
  • $0Net charge-offs
  • $1,289Cash dividends
  • $4,523Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.00%Yield on earning assets
  • 1.08%Cost of funding earning assets
  • 3.92%Net interest margin
  • 0.63%Noninterest income to earning assets
  • 3.02%Noninterest expense to earning assets
  • 0.21%Net operating income to assets
  • 0.30%Return on assets (ROA)
  • 0.41%Pretax return on assets
  • 2.57%Return on equity (ROE)
  • 2.57%Retained earnings to average equity (YTD only)
  • 1.81%Net charge-offs to loans
  • 101.90%Credit loss provision to net charge-offs
  • 1.28%Efficiency ratio
  • 64,183Assets per employee
  • 3.81%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.49%Loss allowance to noncurrent loans
  • 44.62%Noncurrent assets plus other real estate owned to assets
  • 3.31%Noncurrent loans to loans
  • 3.34%Net loans and leases to deposits
  • 69.92%Net loans and leases to core deposits
  • 75.37%Equity capital to assets
  • 11.83%Core capital (leverage) ratio
  • 10.50%Tier 1 risk-based capital ratio
  • 14.91%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $423,004Average earning assets
  • $50,106Average equity
  • $379,453Average loans

List of branches

  • 9 Montana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    013983Rocky Mountain Bank2615 King Avenue West, Billings, MT 59102October 19, 1970Full Service Brick and Mortar
    1281Whitehall Branch101 East Legion Avenue, Whitehall, MT 59759January 01, 1904Full Service Brick and Mortar
    2284Stevensville Branch220 Main Street, Stevensville, MT 59870March 09, 1909Full Service Brick and Mortar
    31456Plains Branch108 East Railroad Avenue, Plains, MT 59859April 01, 1904Full Service Brick and Mortar
    67063115 East 1st Avenue Branch115 East 1st Avenue, Plentywood, MT 59254September 01, 1912Full Service Brick and Mortar
    7250705Bigfork Branch437 Grand Drive, Bigfork, MT 59911December 01, 1997Full Service Brick and Mortar
    8364031Bozeman Branch2901 West Main, Bozeman, MT 59718December 01, 2001Full Service Brick and Mortar
    9445475Kalispell Branch2405 Us Highway 93 North, Kalispell, MT 59901October 24, 2005Full Service Brick and Mortar
    10466775Billings 38th Street West Branch1410 38th Street West, Billings, MT 59102August 06, 2007Full Service Brick and Mortar

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