First Madison Valley Bank

213 East Main
Ennis, MT 59729

 

2018 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 19544
Date Established 1965
Assets $0.16 billion
Loans $0.09 billion
Deposits $0.15 billion
Capital $0.01 billion

First Madison Valley Bank is an FDIC insured institution located in Ennis, MT. It was founded in 1965 and has approximately $0.16 billion in assets. Customers can open an account at one of its 4 branches.

For a more detailed analysis of First Madison Valley Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in First Madison Valley Bank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Small Business Loans.

Compared to other banks in Montana, First Madison Valley Bank has a significantly higher percent of Small Business Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 32.94
Multifamily
Mortgages
1.17
Credit Card Loans 0.00
Consumer Auto Loans 2.95
Small Business Loans 26.51
Construction and Development Loans 9.38
Commercial Real Estate 33.06
Commercial and Industrial Loans 11.07
Farm Loans 3.53

Deposit Rates - October 22, 2018

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.05% $1,000 $24,999 Learn MoreShow Less
Money Market
0.10% $25,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
0.20% $500 $99,999 Learn MoreShow Less
0.30% $500 $99,999 Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
0.50% $500 $99,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.70% $100 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1,000 - Learn MoreShow Less

Loan Rates - October 22, 2018

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for First Madison Valley Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
HSBC Bank USA N.A.
NMLS ID: 399799
5.207% 5.125% 0.00 $2,441 $1,362 Learn More
Ally Bank
NMLS ID: 181005
5.041% 5.000% 0.13 $1,264 $1,343 Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
4.678% 4.625% 0.25 $1,647 $1,286 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Flagstar Bank 5.490% $283.58 Learn More
Third Federal Savings & Loan Assoc. of Cleveland 4.240% $245.68 Learn More

Note to First Madison Valley Bank
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Branches

First Madison Valley Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


First Madison Valley Bank Locations

Financial Details

First Madison Valley Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Madison Valley Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
First Madison Valley Bank U.S. Bank Average
7.96% 7.92%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2018, First Madison Valley Bank had $1,074,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $12,378,000 in equity and $1,121,000 in loans loss reserves. That gives it a Texas Ratio of 7.96%.

Return on Equity
First Madison Valley Bank U.S. Bank Average
16.44% 9.77%

First Madison Valley Bank has a Return on Equity of 16.44% versus the BestCashCow average of 9.77%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
First Madison Valley Bank U.S. Bank Average
7.6% 12.31%

First Madison Valley Bank has a Capitalization of 7.6% versus the BestCashCow average of 12.31. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

First Madison Valley Bank Balance Sheet Analysis

As of June 30, 2018, First Madison Valley Bank had assets of $162,922,000, loans of $85,167,000, and deposits of $150,244,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2018
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.06 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.09 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.15 billion
LIABILITIES
Total deposits $0.15 billion
      Interest-bearing deposits $0.10 billion
      Deposits held in domestic offices $0.15 billion
      % insured (estimated) 87.04%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.15 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

June 30, 2018
INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About First Madison Valley Bank

Branches and Savings

Is First Madison Valley Bank FDIC insured?

Yes. It is covered under FDIC Certificate #19544.

Why does First Madison Valley Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are First Madison Valley Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is First Madison Valley Bank a commercial bank?

Yes

Where are First Madison Valley Bank locations?

See branch locations nearby.

Is First Madison Valley Bank open on Saturdays?

Is First Madison Valley Bank open on Sundays?

What time does First Madison Valley Bank open?

What time does First Madison Valley Bank close?

Are First Madison Valley Bank ATMs Open 24/7?

Do First Madison Valley Bank ATMs accept cash deposits?

Can First Madison Valley Bank customers use other ATMs?

Do First Madison Valley Bank branches have notaries?

Will First Madison Valley Bank notarize my document?

What address for First Madison Valley Bank should I put for incoming ACH transfers?

Will the First Madison Valley Bank branch print checks?

Do First Madison Valley Bank checks expire?

Does First Madison Valley Bank require US citizenship to open account?

Can First Madison Valley Bank close my account?

Does First Madison Valley Bank Report to credit bureaus?

Does First Madison Valley Bank Use Equifax?

What is First Madison Valley Bank's ACH Routing Number?

What is First Madison Valley Bank's SWIFT code?

Products

Does First Madison Valley Bank offer mortgages?

Compare mortgage rates here.

Does First Madison Valley Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First Madison Valley Bank offer personal loans?

Compare personal loan rates here.

Does First Madison Valley Bank offer student loans?

Will First Madison Valley Bank cash a check?

Will First Madison Valley Bank redeem a savings bond?

Does First Madison Valley Bank cash savings bonds?

Will First Madison Valley Bank cash money orders?

Can First Madison Valley Bank issue a money order?

Does First Madison Valley Bank do currency exchange?

Background on The Bank

Who owns First Madison Valley Bank?

How long has First Madison Valley Bank been around?

Can First Madison Valley Bank transfer to other banks?

Does First Madison Valley Bank have quick pay?

Does First Madison Valley Bank accept rolled coins?

Will First Madison Valley Bank accept loose change?

Where is First Madison Valley Bank headquarters?

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