Western Security Bank in Missoula, Montana (MT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 17, 2001

  • Western Security Bank in Missoula, Montana (MT)
  • Show street view No street view available for this location

Western Security Bank - Overview

  • General
  • FDIC Certificate #: 28280
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Western Security Bank (#57248)
    Federal Reserve ID: 831978
    Date Established: January 01, 1911
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 1288
    FDIC's unique #: 41114
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: August 24, 1937
    Last Structure Change Effective Date: May 17, 2001
    Last Structure Change Process Date: June 04, 2001
    Last Data Update: June 04, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 100 East Broadway, Missoula, MT 59806
    County: Missoula
    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
    Metropolitan Statistical Area (MSA): Missoula, MT (#5140)
    Core Based Statistical Area (CBSA): Missoula, MT (#33540)
    CBSA Metro Statistical Area: Missoula, MT (#33540)
  • Financial Summary
  • Total assets: $916.6 mil

1992 - 1999 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, 2000)

  • Dollar figures in thousands
  • 296Total employees (full-time equivalent)
  • $927,154Total assets
  • $19,600Cash and due from depository institutions
  • $2,201Interest-bearing balances
  • $209,042Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $626,172Net loans & leases
  • $6,856Loan loss allowance
  • $0Trading account assets
  • $24,134Bank premises and fixed assets
  • $1,300Other real estate owned
  • $17,273Goodwill and other intangibles
  • $0Life insurance assets
  • $29,633All other assets
  • $927,154Total liabilities and capital
  • $834,375Total liabilities
  • $612,551Total deposits
  • $566,021Interest-bearing deposits
  • $612,551Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $9,032Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $198,572Other borrowed funds
  • $0Subordinated debt
  • $14,220All other liabilities
  • $92,779Total equity capital
  • $92,779Total bank equity capital
  • $92,779Perpetual preferred stock
  • $0Common stock
  • $22Surplus
  • $72,210Undivided profits
  • Memoranda
  • $20,547Noncurrent loans and leases
  • $51,835Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $4,021Earning assets
  • $0Long-term assets (5+ years)
  • $4,662Average Assets, year-to-date
  • $837,415Average Assets, quarterly
  • $0Volatile liabilities
  • $958,769Insider loans
  • $929,150FHLB advances
  • $300,345Loans and leases held for sale
  • $344Unused loan commitments
  • $198,404Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $51,835Total unused commitments
  • $291Restructured Loans and leases
  • $6,902Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $69,214Total interest income
  • $40,352Total interest expense
  • $28,862Net interest income
  • $2,600Provision for loan and lease losses
  • $12,017Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $12,017Additional noninterest income
  • $24,927Total noninterest expense
  • $12,122Salaries and employee benefits
  • $5,230Premises and equipment expense
  • $7,575Additional noninterest expense
  • $13,352Pre-tax net operating income
  • -$133Securities gains (losses)
  • $4,966Applicable income taxes
  • $8,253Income before extraordinary items
  • $0Extraordinary gains - net
  • $8,253Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $905Sale, conversion, retirement of capital stock, net
  • $4,940Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.01%Yield on earning assets
  • 4.67%Cost of funding earning assets
  • 3.34%Net interest margin
  • 1.39%Noninterest income to earning assets
  • 2.88%Noninterest expense to earning assets
  • 0.87%Net operating income to assets
  • 0.86%Return on assets (ROA)
  • 1.38%Pretax return on assets
  • 9.34%Return on equity (ROE)
  • 3.75%Retained earnings to average equity (YTD only)
  • 0.14%Net charge-offs to loans
  • 287.29%Credit loss provision to net charge-offs
  • 17.63%Efficiency ratio
  • 57,929Assets per employee
  • 3.13%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 59.86%Loss allowance to loans
  • 1.08%Loss allowance to noncurrent loans
  • 170.50%Noncurrent assets plus other real estate owned to assets
  • 0.45%Noncurrent loans to loans
  • 0.64%Net loans and leases to deposits
  • 102.22%Net loans and leases to core deposits
  • 120.46%Equity capital to assets
  • 10.01%Core capital (leverage) ratio
  • 8.14%Tier 1 risk-based capital ratio
  • 12.45%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $958,769Average earning assets
  • $88,376Average equity
  • $864,146Average loans

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