Flathead Bank of Bigfork, Montana

Headquarters

800 Grand Avenue
Bigfork, MT 59911
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.00% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Flathead Bank of Bigfork, Montana is an FDIC insured institution located in Bigfork, MT. It was founded in 1971 and has approximately $0.22 billion in assets.

FDIC Insured Yes
FDIC Certificate # 20382
Date Established 1971
Assets $ 221.95 million
Loans $ 85.02 million
Deposits $ 174.61 million
Capital $ 27.64 million
 

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

Deposit Rates - September 30, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 30, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Flathead Bank of Bigfork, Montana

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




Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
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2.990 %
$0 Learn More
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Branches

Flathead Bank of Bigfork, Montana 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:
Fairfield,Connecticut


Flathead Bank of Bigfork, Montana Locations


Financial Details

Flathead Bank of Bigfork, Montana Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Flathead Bank of Bigfork, Montana. 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
Flathead Bank of Bigfork, Montana U.S. Bank Average
11.55% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its 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 March 31, 2020, Flathead Bank of Bigfork, Montana had $2,270,000 in non-current loans and $1,120,000 in owned real estate. To cover these potential losses it had $27,635,000 in equity and $1,708,000 in loans loss reserves. That gives it a Texas Ratio of 11.55%.

Return on Equity
Flathead Bank of Bigfork, Montana U.S. Bank Average
8.14% 7.80%

Flathead Bank of Bigfork, Montana has a Return on Equity of 8.14% versus the BestCashCow average of 7.80%. 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
Flathead Bank of Bigfork, Montana U.S. Bank Average
12.45% 12.68%

Flathead Bank of Bigfork, Montana has a Capitalization of 12.45% versus the BestCashCow average of 12.68. 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.

Flathead Bank of Bigfork, Montana Balance Sheet Analysis

As of June 30, 2016, Flathead Bank of Bigfork, Montana had assets of $221,953,000, loans of $85,023,000, and deposits of $174,605,000. 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

March 31, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 85.02 million
Loan loss allowance $ 1.71 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 1.12 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 174.61 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 221.95 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Flathead Bank of Bigfork, Montana’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in Montana, Flathead Bank of Bigfork, Montana has a significantly higher percent of Small Business Loans, Construction and Development 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 33.65
Multifamily
Mortgages
2.05
Credit Card Loans 0.00
Consumer Auto Loans 0.26
Small Business Loans 17.33
Construction and Development Loans 15.67
Commercial Real Estate 21.78
Commercial and Industrial Loans 11.24
Farm Loans 6.47

Frequently Asked Questions About Flathead Bank Of Bigfork, Montana

Branches and Savings

Is Flathead Bank Of Bigfork, Montana FDIC insured?

Yes. It is covered under FDIC Certificate #20382.

Why does Flathead Bank Of Bigfork, Montana pay such low interest on savings accounts?

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

Why are Flathead Bank Of Bigfork, Montana CD rates not competitive?

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

Is Flathead Bank Of Bigfork, Montana a commercial bank?

Yes

Where are Flathead Bank Of Bigfork, Montana locations?

See branch locations nearby.

Is Flathead Bank Of Bigfork, Montana open on Saturdays?

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Are Flathead Bank Of Bigfork, Montana ATMs Open 24/7?

Do Flathead Bank Of Bigfork, Montana ATMs accept cash deposits?

Can Flathead Bank Of Bigfork, Montana customers use other ATMs?

Do Flathead Bank Of Bigfork, Montana branches have notaries?

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What address for Flathead Bank Of Bigfork, Montana should I put for incoming ACH transfers?

Will the Flathead Bank Of Bigfork, Montana branch print checks?

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Does Flathead Bank Of Bigfork, Montana require US citizenship to open account?

Can Flathead Bank Of Bigfork, Montana close my account?

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Does Flathead Bank Of Bigfork, Montana Use Equifax?

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What is Flathead Bank Of Bigfork, Montana's SWIFT code?

Products

Does Flathead Bank Of Bigfork, Montana offer mortgages?

Compare mortgage rates here.

Does Flathead Bank Of Bigfork, Montana offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Flathead Bank Of Bigfork, Montana offer personal loans?

Compare personal loan rates here.

Does Flathead Bank Of Bigfork, Montana offer student loans?

Will Flathead Bank Of Bigfork, Montana cash a check?

Will Flathead Bank Of Bigfork, Montana redeem a savings bond?

Does Flathead Bank Of Bigfork, Montana cash savings bonds?

Will Flathead Bank Of Bigfork, Montana cash money orders?

Can Flathead Bank Of Bigfork, Montana issue a money order?

Does Flathead Bank Of Bigfork, Montana do currency exchange?

Background on The Bank

Who owns Flathead Bank Of Bigfork, Montana?

How long has Flathead Bank Of Bigfork, Montana been around?

Can Flathead Bank Of Bigfork, Montana transfer to other banks?

Does Flathead Bank Of Bigfork, Montana have quick pay?

Does Flathead Bank Of Bigfork, Montana accept rolled coins?

Will Flathead Bank Of Bigfork, Montana accept loose change?

Where is Flathead Bank Of Bigfork, Montana headquarters?

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