The First National Bank of Fairfield in Fairfield, Montana (MT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 20, 2010

  • The First National Bank of Fairfield in Fairfield, Montana (MT)
  • Show street view No street view available for this location

The First National Bank of Fairfield - Overview

  • General
  • FDIC Certificate #: 2173
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Teton Banks (#364)
    Federal Reserve ID: 596053
    Date Established: January 01, 1919
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    OTS Docket #: 13936
    FDIC's unique #: 1438
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: Febuary 20, 2010
    Last Structure Change Process Date: March 09, 2010
    Last Data Update: March 09, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 321 Central Avenue, Fairfield, MT 59436
    County: Teton
    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
  • Financial Summary
  • Total assets: $93.0 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, 2009)

  • Dollar figures in thousands
  • 25Total employees (full-time equivalent)
  • $93,041Total assets
  • $7,128Cash and due from depository institutions
  • $2,722Interest-bearing balances
  • $18,618Securities
  • $10,099Federal funds sold & reverse repurchase agreements
  • $49,576Net loans & leases
  • $1,086Loan loss allowance
  • $0Trading account assets
  • $2,209Bank premises and fixed assets
  • $130Other real estate owned
  • $0Goodwill and other intangibles
  • $3,346Life insurance assets
  • $5,281All other assets
  • $93,041Total liabilities and capital
  • $77,102Total liabilities
  • $74,103Total deposits
  • $61,437Interest-bearing deposits
  • $74,103Deposits held in domestic offices
  • 90.70%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $2,145Other borrowed funds
  • $0Subordinated debt
  • $854All other liabilities
  • $15,939Total equity capital
  • $15,939Total bank equity capital
  • $15,939Perpetual preferred stock
  • $0Common stock
  • $200Surplus
  • $1,000Undivided profits
  • Memoranda
  • $14,739Noncurrent loans and leases
  • $8,913Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $154Earning assets
  • $0Long-term assets (5+ years)
  • $912Average Assets, year-to-date
  • $81,015Average Assets, quarterly
  • $25,612Volatile liabilities
  • $90,234Insider loans
  • $90,552FHLB advances
  • $22,236Loans and leases held for sale
  • $652Unused loan commitments
  • $2,145Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $8,913Total unused commitments
  • $0Restructured Loans and leases
  • $775Derivatives

Income and Expense (December 31, 2009)

  • Dollar figures in thousands
  • $4,667Total interest income
  • $1,590Total interest expense
  • $3,077Net interest income
  • $80Provision for loan and lease losses
  • $535Total noninterest income
  • $0Fiduciary activities
  • $292Service charges on deposit accounts
  • $0Trading account gains & fees
  • $243Additional noninterest income
  • $2,085Total noninterest expense
  • $1,118Salaries and employee benefits
  • $226Premises and equipment expense
  • $741Additional noninterest expense
  • $1,447Pre-tax net operating income
  • $266Securities gains (losses)
  • $432Applicable income taxes
  • $1,281Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,281Net income attributable to bank
  • $0Net charge-offs
  • $1,281Cash dividends
  • $55Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2009)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.81%Yield on earning assets
  • 1.98%Cost of funding earning assets
  • 3.83%Net interest margin
  • 0.67%Noninterest income to earning assets
  • 2.60%Noninterest expense to earning assets
  • 1.20%Net operating income to assets
  • 1.42%Return on assets (ROA)
  • 1.90%Pretax return on assets
  • 8.32%Return on equity (ROE)
  • 8.32%Retained earnings to average equity (YTD only)
  • 0.11%Net charge-offs to loans
  • 145.45%Credit loss provision to net charge-offs
  • 27.76%Efficiency ratio
  • 57,724Assets per employee
  • 3.72%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.14%Loss allowance to noncurrent loans
  • 705.19%Noncurrent assets plus other real estate owned to assets
  • 0.31%Noncurrent loans to loans
  • 0.30%Net loans and leases to deposits
  • 66.90%Net loans and leases to core deposits
  • 95.58%Equity capital to assets
  • 17.13%Core capital (leverage) ratio
  • 17.29%Tier 1 risk-based capital ratio
  • 25.66%Total risk-based capital ratio
  • Memoranda
  • $27Average assets
  • $90,234Average earning assets
  • $15,399Average equity
  • $80,320Average 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 The First National Bank of Fairfield.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents