Valley Bank in Glasgow, Montana (MT)
Overview, Financial Summary, Detailed Financial Reports, Branches


Valley Bank - Overview

  • General
  • FDIC Certificate #: 27518
    Status: Active
    Federal Reserve ID: 1401891
    Bank Holding Company (Regulatory Top Holder): Milk River Banquo, Inc. (RSSDID: 2807100, Location: Malta, MT)
    Date Established: June 09, 1989
    WWW: http://www.valleybankglasgow.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 40251
    Numeric code: 13
    Regulator: FED
    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: June 09, 1989
    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: 110 Sixth Street South, Glasgow, MT 59230
    County: Valley
    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
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $35.7 mil
    Equity capital: $2.8 mil
    Deposits held in domestic offices: $32.6 mil
    Return on assets (ROA): 0.39% ($0.1 mil)
    Quarterly return on assets: 0.57% ($0.2 mil)
    Return on Equity (ROE): 4.69% ($0.1 mil)
    Quarterly return on equity: 7.11% ($0.2 mil)
    Net income: $0.1 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.56% ($199.8 mil)
    Quarterly Pretax return on assets: 0.89% ($317.5 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
  • 12Total employees (full-time equivalent)
  • $35,674Total assets
  • $9,074Cash and due from depository institutions
  • $7,761Interest-bearing balances
  • $6,746Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $18,449Net loans & leases
  • $313Loan loss allowance
  • $0Trading account assets
  • $492Bank premises and fixed assets
  • $276Other real estate owned
  • $0Goodwill and other intangibles
  • $35,674Life insurance assets
  • $637All other assets
  • $32,897Total liabilities and capital
  • $32,617Total liabilities
  • $26,745Total deposits
  • $32,617Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $52Trading liabilities
  • $0Other borrowed funds
  • $228Subordinated debt
  • $2,777All other liabilities
  • $2,777Total equity capital
  • $2,777Total bank equity capital
  • $0Perpetual preferred stock
  • $300Common stock
  • $2,200Surplus
  • $277Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $322Long-term assets (5+ years)
  • $32,956Average Assets, year-to-date
  • $6,525Average Assets, quarterly
  • $32,811Volatile liabilities
  • $34,119Insider loans
  • $17,580FHLB advances
  • $33,971Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $2,736Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,451Restructured Loans and leases
  • $31Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,646Total interest income
  • $390Total interest expense
  • $1,256Net interest income
  • $0Provision for loan and lease losses
  • $167Total noninterest income
  • $0Fiduciary activities
  • $112Service charges on deposit accounts
  • $0Trading account gains & fees
  • $55Additional noninterest income
  • $1,237Total noninterest expense
  • $745Salaries and employee benefits
  • $117Premises and equipment expense
  • $375Additional noninterest expense
  • $186Pre-tax net operating income
  • -$1Securities gains (losses)
  • $58Applicable income taxes
  • $127Income before extraordinary items
  • $0Extraordinary gains - net
  • $127Net income attributable to bank
  • $0Net charge-offs
  • $127Cash dividends
  • -$65Sale, conversion, retirement of capital stock, net
  • $20Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.60%Yield on earning assets
  • 1.33%Cost of funding earning assets
  • 4.27%Net interest margin
  • 0.57%Noninterest income to earning assets
  • 4.21%Noninterest expense to earning assets
  • 0.39%Net operating income to assets
  • 0.39%Return on assets (ROA)
  • 0.56%Pretax return on assets
  • 4.69%Return on equity (ROE)
  • 3.95%Retained earnings to average equity (YTD only)
  • -0.34%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 86,929Assets per employee
  • 2.97%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 15.75%Loss allowance to loans
  • 1.67%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.77%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 56.56%Net loans and leases to core deposits
  • 57.46%Equity capital to assets
  • 7.78%Core capital (leverage) ratio
  • 8.05%Tier 1 risk-based capital ratio
  • 15.56%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $32,811Average earning assets
  • $2,707Average equity
  • $29,410Average loans

List of branches

  • 1 Montana Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    040251Valley Bank110 Sixth Street South, Glasgow, MT 59230June 09, 1989Full Service Brick and Mortar

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