FDIC Certificate #: 352 Status: Active Federal Reserve ID: 222558 Bank Holding Company (Regulatory Top Holder): United Bancorporation (RSSDID: 1128264, Location: Baker, MT) Date Established: September 20, 1924 WWW:http://www.bankofbaker.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 278 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: January 01, 1934 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
Location
Address: 116 S Main Street, Baker, MT 59313 County: Fallon 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
Change in Location
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $128.6 mil Equity capital: $11.0 mil Deposits held in domestic offices: $117.2 mil Return on assets (ROA): 2.30% ($3.0 mil) Quarterly return on assets: 1.74% ($2.2 mil) Return on Equity (ROE): 26.91% ($3.0 mil) Quarterly return on equity: 20.37% ($2.2 mil) Net income: $2.7 mil Quarterly Net income: $0.5 mil Pretax return on assets: 2.30% ($2,958.7 mil) Quarterly Pretax return on assets: 1.74% ($2,238.3 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
20Total employees (full-time equivalent)
$128,638Total assets
$16,334Cash and due from depository institutions
$12,619Interest-bearing balances
$29,685Securities
$6,025Federal funds sold & reverse repurchase agreements
$74,273Net loans & leases
$1,138Loan loss allowance
$0Trading account assets
$689Bank premises and fixed assets
$325Other real estate owned
$0Goodwill and other intangibles
$128,638Life insurance assets
$1,307All other assets
$117,635Total liabilities and capital
$117,214Total liabilities
$109,855Total deposits
$117,214Interest-bearing deposits
$56Deposits held in domestic offices
387.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$34Subordinated debt
$11,003All other liabilities
$11,003Total equity capital
$11,003Total bank equity capital
$0Perpetual preferred stock
$1,398Common stock
$6,602Surplus
$3,003Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$863Income earned, not collected on loans
$0Earning assets
$939Long-term assets (5+ years)
$122,602Average Assets, year-to-date
$3,892Average Assets, quarterly
$118,896Volatile liabilities
$125,228Insider loans
$84,268FHLB advances
$126,070Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$10,749Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$9,710Restructured Loans and leases
$1,867Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$4,857Total interest income
$281Total interest expense
$4,576Net interest income
$120Provision for loan and lease losses
$215Total noninterest income
$0Fiduciary activities
$118Service charges on deposit accounts
$0Trading account gains & fees
$97Additional noninterest income
$1,935Total noninterest expense
$1,137Salaries and employee benefits
$129Premises and equipment expense
$669Additional noninterest expense
$2,736Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$2,736Income before extraordinary items
$0Extraordinary gains - net
$2,736Net income attributable to bank
$0Net charge-offs
$2,736Cash dividends
$257Sale, conversion, retirement of capital stock, net
$1,265Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.29%Yield on earning assets
0.25%Cost of funding earning assets
4.04%Net interest margin
0.19%Noninterest income to earning assets
1.71%Noninterest expense to earning assets
2.30%Net operating income to assets
2.30%Return on assets (ROA)
2.30%Pretax return on assets
26.91%Return on equity (ROE)
14.47%Retained earnings to average equity (YTD only)
0.37%Net charge-offs to loans
46.69%Credit loss provision to net charge-offs
11.11%Efficiency ratio
40,388Assets per employee
6.43%Cash dividends to net income (YTD only)
Condition Ratios (%)
46.24%Loss allowance to loans
1.51%Loss allowance to noncurrent loans
131.87%Noncurrent assets plus other real estate owned to assets
0.92%Noncurrent loans to loans
1.14%Net loans and leases to deposits
63.37%Net loans and leases to core deposits
63.53%Equity capital to assets
8.55%Core capital (leverage) ratio
8.53%Tier 1 risk-based capital ratio
12.76%Total risk-based capital ratio
Memoranda
$14Average assets
$118,896Average earning assets
$10,168Average equity
$113,330Average loans
List of branches
1 Montana Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
278
The Bank Of Baker
116 S Main Street, Baker, MT 59313
September 20, 1924
Full Service Brick and Mortar
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