United Bank in Absarokee, Montana (MT)
Overview, Financial Summary, Detailed Financial Reports, Branches

United Bank - Overview

  • General
  • FDIC Certificate #: 18772
    Status: Active
    Federal Reserve ID: 226752
    Bank Holding Company (Regulatory Top Holder): Absarokee Bancorporation, Inc. (RSSDID: 1884122, Location: Absarokee, MT)
    Date Established: May 06, 1963
    WWW: http://www.ubsmt.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 11190
    FDIC's unique #: 12635
    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: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: May 06, 1963
    Last Structure Change Effective Date: December 28, 2011
    Last Structure Change Process Date: January 10, 2012
    Last Data Update: January 10, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 3 South Woodard, Absarokee, MT 59001
    County: Stillwater
    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
  • Name Change
    Change in Primary Regulatory Agency
    Change in Supervisory Agency
  • Financial Summary
  • Total assets: $69.2 mil
    Equity capital: $7.1 mil
    Deposits held in domestic offices: $57.3 mil
    Return on assets (ROA): 0.34% ($0.2 mil)
    Quarterly return on assets: 0.37% ($0.3 mil)
    Return on Equity (ROE): 3.37% ($0.2 mil)
    Quarterly return on equity: 3.68% ($0.3 mil)
    Net income: $0.2 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.52% ($359.7 mil)
    Quarterly Pretax return on assets: 0.57% ($394.3 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
  • 22Total employees (full-time equivalent)
  • $69,179Total assets
  • $4,256Cash and due from depository institutions
  • $2,854Interest-bearing balances
  • $28,712Securities
  • $1,293Federal funds sold & reverse repurchase agreements
  • $29,831Net loans & leases
  • $900Loan loss allowance
  • $0Trading account assets
  • $3,472Bank premises and fixed assets
  • $220Other real estate owned
  • $0Goodwill and other intangibles
  • $69,179Life insurance assets
  • $1,395All other assets
  • $62,100Total liabilities and capital
  • $57,311Total liabilities
  • $48,880Total deposits
  • $57,311Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 2000.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,517Trading liabilities
  • $0Other borrowed funds
  • $272Subordinated debt
  • $7,079All other liabilities
  • $7,079Total equity capital
  • $7,079Total bank equity capital
  • $0Perpetual preferred stock
  • $1,620Common stock
  • $759Surplus
  • $4,700Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $185Income earned, not collected on loans
  • $0Earning assets
  • $554Long-term assets (5+ years)
  • $62,690Average Assets, year-to-date
  • $1,936Average Assets, quarterly
  • $69,977Volatile liabilities
  • $69,638Insider loans
  • $39,678FHLB advances
  • $69,853Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,995Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,384Restructured Loans and leases
  • $212Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,708Total interest income
  • $448Total interest expense
  • $2,260Net interest income
  • $6Provision for loan and lease losses
  • $342Total noninterest income
  • $0Fiduciary activities
  • $130Service charges on deposit accounts
  • $0Trading account gains & fees
  • $212Additional noninterest income
  • $2,277Total noninterest expense
  • $953Salaries and employee benefits
  • $440Premises and equipment expense
  • $884Additional noninterest expense
  • $319Pre-tax net operating income
  • $42Securities gains (losses)
  • $126Applicable income taxes
  • $235Income before extraordinary items
  • $0Extraordinary gains - net
  • $235Net income attributable to bank
  • $0Net charge-offs
  • $235Cash dividends
  • $107Sale, conversion, retirement of capital stock, net
  • $71Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.30%Yield on earning assets
  • 0.71%Cost of funding earning assets
  • 3.59%Net interest margin
  • 0.54%Noninterest income to earning assets
  • 3.62%Noninterest expense to earning assets
  • 0.30%Net operating income to assets
  • 0.34%Return on assets (ROA)
  • 0.52%Pretax return on assets
  • 3.37%Return on equity (ROE)
  • 2.35%Retained earnings to average equity (YTD only)
  • 0.32%Net charge-offs to loans
  • 5.61%Credit loss provision to net charge-offs
  • 3.04%Efficiency ratio
  • 87,510Assets per employee
  • 3.14%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 30.21%Loss allowance to loans
  • 2.93%Loss allowance to noncurrent loans
  • 486.49%Noncurrent assets plus other real estate owned to assets
  • 0.59%Noncurrent loans to loans
  • 0.60%Net loans and leases to deposits
  • 52.05%Net loans and leases to core deposits
  • 54.35%Equity capital to assets
  • 10.23%Core capital (leverage) ratio
  • 10.01%Tier 1 risk-based capital ratio
  • 17.63%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $69,977Average earning assets
  • $6,977Average equity
  • $62,916Average loans

List of branches

  • 3 Montana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    012635United Bank3 South Woodard, Absarokee, MT 59001May 06, 1963Full Service Brick and Mortar
    15703236 North 9th Street Branch36 North 9th Street, Columbus, MT 59019May 12, 1995Full Service Brick and Mortar
    2465525401 Se 4th Street Branch401 Se 4th Street, P.O. Box 457, Laurel, MT 59044June 18, 2007Full Service Brick and Mortar

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