Stockman Bank of Montana in Miles City, Montana (MT)



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Stockman Bank of Montana routing number info

Table of contents:
Stockman Bank of Montana
GeneralFDIC Certificate #: 16191
Status: Active
Federal Reserve ID: 651859
Bank Holding Company (Regulatory Top Holder): Stockman Financial Corporation (RSSDID: 1126046, Location: Miles City, MT)
Date Established: January 01, 1944
WWW: http://www.stockmanbank.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 27 (Domestic: 27, Interstate: No)
OTS Docket #: 10928
FDIC's unique #: 10394
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Agricultural lending institution: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: September 15, 1944
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: 700 Main Street, Miles City, MT 59301
County: Custer
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 ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $2,132.8 mil
Equity capital: $206.6 mil
Deposits held in domestic offices: $1,619.5 mil
Return on assets (ROA): 1.81% ($38.6 mil)
Quarterly return on assets: 1.40% ($29.9 mil)
Return on Equity (ROE): 18.65% ($38.6 mil)
Quarterly return on equity: 14.21% ($29.4 mil)
Net income: $36.6 mil
Quarterly Net income: $7.2 mil
Pretax return on assets: 1.81% ($38,603.6 mil)
Quarterly Pretax return on assets: 1.40% ($29,859.2 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)437
Total assets$2,132,797
Cash and due from depository institutions$100,934
Interest-bearing balances$15,990
Securities$644,833
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$1,266,447
Loan loss allowance $23,276
Trading account assets$0
Bank premises and fixed assets$59,901
Other real estate owned$9,369
Goodwill and other intangibles$12,983
All other assets$38,330
Life insurance assets$2,132,797
Total liabilities and capital$1,926,190
Total liabilities$1,619,514
Total deposits$1,311,259
Interest-bearing deposits$1,619,514
Deposits held in domestic offices$86
% insured (estimated)212412.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$84,173
Other borrowed funds $0
Subordinated debt $10,091
All other liabilities $206,607
Total equity capital$206,607
Total bank equity capital$206,607
Perpetual preferred stock$0
Common stock$6,500
Surplus$78,500
Undivided profits $121,607
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $29,246
Income earned, not collected on loans $12,416
Earning assets $104
Long-term assets (5+ years) $12,966
Average Assets, year-to-date $1,927,270
Average Assets, quarterly $208,894
Volatile liabilities $2,023,112
Insider loans $2,075,651
FHLB advances $1,481,599
Loans and leases held for sale $2,081,866
Unused loan commitments $16,757
Tier 1 (core) risk-based capital $16,757
Tier 2 risk-based capital $190,711
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $291,891
Derivatives$2,475
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $84,468
Total interest expense $17,495
Net interest income $66,973
Provision for loan and lease losses $3,600
Total noninterest income $15,322
Fiduciary activities $0
Service charges on deposit accounts $5,404
Trading account gains & fees $0
Additional noninterest income $9,918
Total noninterest expense $43,758
Salaries and employee benefits $26,874
Premises and equipment expense $5,091
Additional noninterest expense $11,793
Pre-tax net operating income $34,937
Securities gains (losses) $1,649
Applicable income taxes $0
Income before extraordinary items $36,586
Extraordinary gains - net $0
Net income attributable to bank $36,586
Net charge-offs $0
Cash dividends $36,586
Sale, conversion, retirement of capital stock, net $749
Net operating income $20,750
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.52%
Cost of funding earning assets 0.94%
Net interest margin 3.58%
Noninterest income to earning assets 0.82%
Noninterest expense to earning assets 2.34%
Net operating income to assets 1.73%
Return on assets (ROA) 1.81%
Pretax return on assets 1.81%
Return on equity (ROE) 18.65%
Retained earnings to average equity (YTD only) 8.07%
Net charge-offs to loans 0.06%
Credit loss provision to net charge-offs 480.64%
Efficiency ratio51.45%
Assets per employee$53,145
Cash dividends to net income (YTD only)4.88%
Condition Ratios (%)
Loss allowance to loans 56.72%
Loss allowance to noncurrent loans 1.80%
Noncurrent assets plus other real estate owned to assets 187.47%
Noncurrent loans to loans 1.02%
Net loans and leases to deposits0.96%
Net loans and leases to core deposits 78.20%
Equity capital to assets 85.98%
Core capital (leverage) ratio 9.69%
Tier 1 risk-based capital ratio 9.16%
Total risk-based capital ratio 12.87%
Memoranda
Average assets$14
Average earning assets$2,023,112
Average equity $196,199
Average loans $1,869,172
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Total Fiduciary and Related Assets (December 31, 2007)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$187
Number of Accounts1
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Investment management agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts15
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$187
Corporate trust and agency accounts$0
Other fiduciary accounts$187
Fiduciary accounts held in foreign offices$0
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27 Montana Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
010394Stockman Bank Of Montana700 Main Street, Miles City, MT 59301January 01, 1944Full Service Brick and Mortar
2237574Drive-In-walk-up BranchMain Street, Miles City, MT 59301Febuary 19, 1973Limited Service Facility
31459101 South Central Avenue Branch101 South Central Avenue, Sidney, MT 59270April 14, 1925Full Service Brick and Mortar
4192036Drive-In Facility2nd Avenue S.W. And 2nd Street S.W., Sidney, MT 59270November 15, 1976Limited Service Facility
51441204 West Bell Street Branch204 West Bell Street, Glendive, MT 59330December 21, 1903Full Service Brick and Mortar
6755Richey Branch102 S Main Street, Richey, MT 59259July 14, 1916Full Service Brick and Mortar
7192040Wibaux Branch120 South Wibaux Street, Wibaux, MT 59353November 03, 1995Full Service Brick and Mortar
8758Worden Branch2450 Main Street, Worden, MT 59088September 05, 1913Full Service Brick and Mortar
91448Hysam Branch719 Elliot Ave, Hysham, MT 59038January 01, 1910Full Service Brick and Mortar
10560222700 King Avenue West Branch2700 King Avenue West, Billings, MT 59108July 14, 1995Full Service Brick and Mortar
11237575Billings Heights Branch800 Main Street, Billings, MT 59105June 29, 1998Full Service Brick and Mortar
12756Terry Branch117 Logan, Terry, MT 59349January 06, 1906Full Service Brick and Mortar
17264372Plentywood Branch102 North Main Street, Plentywood, MT 59254November 06, 1989Full Service Brick and Mortar
18358887Shiloh Road Branch1450 Shiloh Road, Billings, MT 59106December 11, 2000Full Service Brick and Mortar
19277Conrad Branch420 South Main Street, Conrad, MT 59425March 09, 1918Full Service Brick and Mortar
2112248Cut Bank Branch125 West Main, Cut Bank, MT 59427January 03, 1961Full Service Brick and Mortar
22265292Conrad Drive-In Facility702 South Main, Conrad, MT 59425January 01, 1916Full Service Brick and Mortar
232652892525 10th Avenue South Branch2425 10th Avenue South, Great Falls, MT 59405January 01, 1916Full Service Brick and Mortar
244099825 5th Street North Branch25 5th Street North, Great Falls, MT 59401January 01, 1916Full Service Brick and Mortar
25266435711 Third Street North West Branch711 Third Street North West, Great Falls, MT 59404June 30, 1989Full Service Brick and Mortar
26264369Havre Branch324 Third Avenue, Havre, MT 59501November 06, 1989Full Service Brick and Mortar
28427042Bozeman Branch1815 S 19th Avenue, Bozeman, MT 59718November 03, 2003Full Service Brick and Mortar
29425735Beaverhead Branch590 North Montana, Dillon, MT 59725Febuary 23, 2004Full Service Brick and Mortar
30453452Belgrade Branch6345 Jack Rabbit Lane, Belgrade, MT 59714November 10, 2005Full Service Brick and Mortar
31510566Bozeman Oak & 19th Branch1433 North 19th Avenue, Bozeman, MT 59718October 09, 2009Full Service Brick and Mortar
32527856Miles City Haynes Avenue Branch800 South Haynes Avenue, Miles City, MT 59301December 23, 2011Full Service Brick and Mortar
33527857Billings North Broadway Branch402 North Broadway, Billings, MT 59101December 23, 2011Full Service Brick and Mortar
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