Opportunity Bank of Montana

Headquarters

1400 Prospect Avenue
Helena, MT 59601
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 0.95% →
1-Year CD 0.30% 1.01% →
2-Year CD 0.50% 0.95% →
5-Year CD 0.80% 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

Opportunity Bank of Montana is an FDIC insured institution located in Helena, MT. It was founded in 1922 and has approximately $1.15 billion in assets. Customers can open an account at one of its 17 branches.

FDIC Insured Yes
FDIC Certificate # 30182
Date Established 1922
Assets $ 1,148.33 million
Loans $ 837.97 million
Deposits $ 888.88 million
Capital $ 148.27 million
 

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

Deposit Rates - October 25, 2020

Your Current Location: Washington, WA 98109

Savings and Money Market Rates APY MIN MAX
Savings
0.05% $2,500 $4,999 Learn More
Money Market
0.03% $2,500 $2,999 Learn More
Money Market
0.05% $10,000 $14,999 Learn More
Money Market
0.06% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.10% $10,000 $14,999 Learn More
3 Mo CD
0.10% $100,000 $199,999 Learn More
6 Mo CD
0.20% $10,000 $14,999 Learn More
6 Mo CD
0.20% $100,000 $199,999 Learn More
Special: 7 Mo CD
0.30% $500 - Learn More
12 Mo CD
0.30% $10,000 $14,999 Learn More
12 Mo CD
0.30% $100,000 $199,999 Learn More
Special: 13 Mo CD
0.45% $500 - Learn More
18 Mo CD
0.30% $10,000 $14,999 Learn More
18 Mo CD
0.30% $100,000 $199,999 Learn More
24 Mo CD
0.50% $10,000 $14,999 Learn More
24 Mo CD
0.50% $100,000 $199,999 Learn More
30 Mo CD
0.50% $10,000 $14,999 Learn More
30 Mo CD
0.50% $100,000 $199,999 Learn More
36 Mo CD
0.60% $10,000 $14,999 Learn More
36 Mo CD
0.60% $100,000 $199,999 Learn More
48 Mo CD
0.70% $10,000 $14,999 Learn More
48 Mo CD
0.70% $100,000 $199,999 Learn More
60 Mo CD
0.80% $10,000 $14,999 Learn More
60 Mo CD
0.80% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.03% $2,500 $3,499 Learn MoreShow Less

Loan Rates - October 25, 2020

Your Current Location: Washington, WA 98109

There are currently no loan rates available for Opportunity Bank of Montana

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




Featured - Washington 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Cascadia Mortgage
NMLS ID: 1505422
License#: NMLS #1505422
2.830% 2.750% 0.63 $2,622 $1,021 Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
AimLoan.com
NMLS ID: 2890
License#: 520-CL-25944
2.575% 2.500% 1.00 $2,470 $988 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More

Note to Opportunity Bank of Montana
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Branches

Opportunity Bank of 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:
Seattle,Washington


Opportunity Bank of Montana Locations


Financial Details

Opportunity Bank of Montana Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Opportunity Bank of 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
Opportunity Bank of Montana U.S. Bank Average
3.72% 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, Opportunity Bank of Montana had $5,842,000 in non-current loans and $25,000 in owned real estate. To cover these potential losses it had $148,271,000 in equity and $9,250,000 in loans loss reserves. That gives it a Texas Ratio of 3.72%.

Return on Equity
Opportunity Bank of Montana U.S. Bank Average
12.73% 7.80%

Opportunity Bank of Montana has a Return on Equity of 12.73% 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
Opportunity Bank of Montana U.S. Bank Average
12.91% 12.68%

Opportunity Bank of Montana has a Capitalization of 12.91% 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.

Opportunity Bank of Montana Balance Sheet Analysis

As of March 31, 2020, Opportunity Bank of Montana had assets of $1,148,328,000, loans of $837,971,000, and deposits of $888,876,000. 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 $ 15.06 million
Interest-bearing balances $ 2.41 million
Total securities $ 162.80 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 837.97 million
Loan loss allowance $ 9.25 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.03 million
Goodwill and other intangibles $ 32.04 million
All other assets $ 48.70 million
     Total Assets $ 1,000.06 million
LIABILITIES
Total deposits $ 888.88 million
      Interest-bearing deposits $ 664.82 million
      Deposits held in domestic offices $ 888.88 million
      % insured (estimated) 99.84%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 94.59 million
Subordinated debt N.A.
All other liabilities $ 16.60 million
      Total Liabilities $ 1,000.06 million
      Shareholders’ Equity $ 148.27 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 12.71 million
Total Interest Expense $ 1.82 million
Net interest income $ 10.89 million
Provision for loan and lease losses $ 0.67 million
Total non interest income $ 7.96 million
Total non interest expense $ 12.28 million
Pre-tax Net Operating Income $ 5.90 million

Bank Loan Profile?

The top three loan types in Opportunity Bank of Montana’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Construction and Development Loans.

Compared to other banks in Montana, Opportunity Bank of Montana has a significantly higher percent of Multifamily Mortgages 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 24.51
Multifamily
Mortgages
4.71
Credit Card Loans 0.00
Consumer Auto Loans 1.31
Small Business Loans 0.00
Construction and Development Loans 11.13
Commercial Real Estate 35.39
Commercial and Industrial Loans 9.09
Farm Loans 6.22

Frequently Asked Questions About Opportunity Bank Of Montana

Branches and Savings

Is Opportunity Bank Of Montana FDIC insured?

Yes. It is covered under FDIC Certificate #30182.

Why does Opportunity Bank Of Montana pay such low interest on savings accounts?

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

Why are Opportunity Bank Of Montana CD rates not competitive?

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

Is Opportunity Bank Of Montana a commercial bank?

Yes

Where are Opportunity Bank Of Montana locations?

See branch locations nearby.

Is Opportunity Bank Of Montana open on Saturdays?

Is Opportunity Bank Of Montana open on Sundays?

What time does Opportunity Bank Of Montana open?

What time does Opportunity Bank Of Montana close?

Are Opportunity Bank Of Montana ATMs Open 24/7?

Do Opportunity Bank Of Montana ATMs accept cash deposits?

Can Opportunity Bank Of Montana customers use other ATMs?

Do Opportunity Bank Of Montana branches have notaries?

Will Opportunity Bank Of Montana notarize my document?

What address for Opportunity Bank Of Montana should I put for incoming ACH transfers?

Will the Opportunity Bank Of Montana branch print checks?

Do Opportunity Bank Of Montana checks expire?

Does Opportunity Bank Of Montana require US citizenship to open account?

Can Opportunity Bank Of Montana close my account?

Does Opportunity Bank Of Montana Report to credit bureaus?

Does Opportunity Bank Of Montana Use Equifax?

What is Opportunity Bank Of Montana's ACH Routing Number?

What is Opportunity Bank Of Montana's SWIFT code?

Products

Does Opportunity Bank Of Montana offer mortgages?

Compare mortgage rates here.

Does Opportunity Bank Of Montana offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Opportunity Bank Of Montana offer personal loans?

Compare personal loan rates here.

Does Opportunity Bank Of Montana offer student loans?

Will Opportunity Bank Of Montana cash a check?

Will Opportunity Bank Of Montana redeem a savings bond?

Does Opportunity Bank Of Montana cash savings bonds?

Will Opportunity Bank Of Montana cash money orders?

Can Opportunity Bank Of Montana issue a money order?

Does Opportunity Bank Of Montana do currency exchange?

Background on The Bank

Who owns Opportunity Bank Of Montana?

How long has Opportunity Bank Of Montana been around?

Can Opportunity Bank Of Montana transfer to other banks?

Does Opportunity Bank Of Montana have quick pay?

Does Opportunity Bank Of Montana accept rolled coins?

Will Opportunity Bank Of Montana accept loose change?

Where is Opportunity Bank Of Montana headquarters?

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