Western Bank of Wolf Point in Wolf Point, Montana (MT)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Western Bank of Wolf Point in Wolf Point, Montana (MT)
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Western Bank of Wolf Point - Overview

  • General
  • FDIC Certificate #: 341
    Status: Active
    Federal Reserve ID: 445852
    Bank Holding Company (Regulatory Top Holder): Western Holding Company Of Wolf Point (RSSDID: 1126943, Location: Wolf Point, MT)
    Date Established: January 01, 1913
    WWW: http://www.westernbankwp.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)
    OTS Docket #: 13106
    FDIC's unique #: 271
    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: 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: 111 3rd Avenue South, Wolf Point, MT 59201
    County: Roosevelt
    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: $76.3 mil
    Equity capital: $8.1 mil
    Deposits held in domestic offices: $64.9 mil
    Return on assets (ROA): 1.54% ($1.2 mil)
    Quarterly return on assets: 1.43% ($1.1 mil)
    Return on Equity (ROE): 14.91% ($1.2 mil)
    Quarterly return on equity: 13.00% ($1.0 mil)
    Net income: $1.1 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.54% ($1,174.9 mil)
    Quarterly Pretax return on assets: 1.43% ($1,091.0 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, 2011)

  • Dollar figures in thousands
  • 17Total employees (full-time equivalent)
  • $76,291Total assets
  • $14,524Cash and due from depository institutions
  • $12,176Interest-bearing balances
  • $29,663Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $28,283Net loans & leases
  • $699Loan loss allowance
  • $0Trading account assets
  • $369Bank premises and fixed assets
  • $166Other real estate owned
  • $0Goodwill and other intangibles
  • $76,291Life insurance assets
  • $3,286All other assets
  • $68,148Total liabilities and capital
  • $64,854Total liabilities
  • $47,973Total deposits
  • $64,854Interest-bearing deposits
  • $85Deposits held in domestic offices
  • 200.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,000Trading liabilities
  • $0Other borrowed funds
  • $1,094Subordinated debt
  • $8,143All other liabilities
  • $8,143Total equity capital
  • $8,143Total bank equity capital
  • $0Perpetual preferred stock
  • $1,000Common stock
  • $1,500Surplus
  • $5,643Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $411Income earned, not collected on loans
  • $0Earning assets
  • $677Long-term assets (5+ years)
  • $70,122Average Assets, year-to-date
  • $24,434Average Assets, quarterly
  • $69,610Volatile liabilities
  • $72,813Insider loans
  • $37,849FHLB advances
  • $73,458Loans and leases held for sale
  • $1,686Unused loan commitments
  • $1,686Tier 1 (core) risk-based capital
  • $6,661Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,215Restructured Loans and leases
  • $309Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,981Total interest income
  • $531Total interest expense
  • $2,450Net interest income
  • $150Provision for loan and lease losses
  • $579Total noninterest income
  • $0Fiduciary activities
  • $165Service charges on deposit accounts
  • $0Trading account gains & fees
  • $414Additional noninterest income
  • $1,815Total noninterest expense
  • $1,093Salaries and employee benefits
  • $203Premises and equipment expense
  • $519Additional noninterest expense
  • $1,064Pre-tax net operating income
  • $10Securities gains (losses)
  • $0Applicable income taxes
  • $1,074Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,074Net income attributable to bank
  • $0Net charge-offs
  • $1,074Cash dividends
  • $96Sale, conversion, retirement of capital stock, net
  • $575Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.66%Yield on earning assets
  • 0.83%Cost of funding earning assets
  • 3.83%Net interest margin
  • 0.90%Noninterest income to earning assets
  • 2.83%Noninterest expense to earning assets
  • 1.53%Net operating income to assets
  • 1.54%Return on assets (ROA)
  • 1.54%Pretax return on assets
  • 14.91%Return on equity (ROE)
  • 6.93%Retained earnings to average equity (YTD only)
  • 0.33%Net charge-offs to loans
  • 156.25%Credit loss provision to net charge-offs
  • 12.65%Efficiency ratio
  • 59,921Assets per employee
  • 4.49%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 53.54%Loss allowance to loans
  • 2.41%Loss allowance to noncurrent loans
  • 170.07%Noncurrent assets plus other real estate owned to assets
  • 0.76%Noncurrent loans to loans
  • 1.42%Net loans and leases to deposits
  • 43.61%Net loans and leases to core deposits
  • 46.92%Equity capital to assets
  • 10.67%Core capital (leverage) ratio
  • 9.07%Tier 1 risk-based capital ratio
  • 17.60%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $69,610Average earning assets
  • $7,202Average equity
  • $64,030Average loans

List of branches

  • 1 Montana Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0271Western Bank Of Wolf Point111 3rd Avenue South, Wolf Point, MT 59201January 01, 1913Full Service Brick and Mortar

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