Western Bank of Wolf Point

111 3rd Avenue South
Wolf Point, MT 59201

Notable Rates APY Vs.Others
Savings N.A. 1.90% →
1-Year CD N.A. 1.90% →
2-Year CD N.A. 1.95% →
5-Year CD N.A. 2.00% →
30-Year Mortgage N.A. 3.14% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.50% →

2020 Overview

General Bank Information

Western Bank of Wolf Point is an FDIC insured institution located in Wolf Point, MT. It was founded in 1913 and has approximately $0.1 billion in assets.

FDIC Insured Yes
FDIC Certificate # 341
Date Established 1913
Assets $0.10 billion
Loans $0.05 billion
Deposits $0.09 billion
Capital $0.01 billion
 

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

Deposit Rates - April 5, 2020

Your Current Location: Connecticut, CT 06828

There are currently no rates available for Western Bank Of Wolf Point, but see these great savings and CD rates:

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Loan Rates - April 5, 2020

Your Current Location: Connecticut, CT 06828

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Branches

Western Bank of Wolf Point 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


Western Bank of Wolf Point Locations


Financial Details

Western Bank of Wolf Point Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Western Bank of Wolf Point. 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
Western Bank of Wolf Point U.S. Bank Average
2.25% 6.70%

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 September 30, 2019, Western Bank of Wolf Point had $282,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $11,662,000 in equity and $869,000 in loans loss reserves. That gives it a Texas Ratio of 2.25%.

Return on Equity
Western Bank of Wolf Point U.S. Bank Average
12.86% 9.72%

Western Bank of Wolf Point has a Return on Equity of 12.86% versus the BestCashCow average of 9.72%. 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
Western Bank of Wolf Point U.S. Bank Average
11.13% 12.89%

Western Bank of Wolf Point has a Capitalization of 11.13% versus the BestCashCow average of 12.89. 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.

Western Bank of Wolf Point Balance Sheet Analysis

As of September 30, 2019, Western Bank of Wolf Point had assets of $104,791,000, loans of $45,806,000, and deposits of $85,711,000. 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

September 30, 2019
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.04 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.05 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 $0.09 billion
LIABILITIES
Total deposits $0.09 billion
      Interest-bearing deposits $0.07 billion
      Deposits held in domestic offices $0.09 billion
      % insured (estimated) 90.56%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.01 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.09 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

September 30, 2019
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

Bank Loan Profile?

The top three loan types in Western Bank of Wolf Point’s loan portfolio are Farm Loans, Commercial Real Estate, and 1-4 Family Residential Loans.

Compared to other banks in Montana, Western Bank of Wolf Point 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 11.43
Multifamily
Mortgages
6.12
Credit Card Loans 0.00
Consumer Auto Loans 1.31
Small Business Loans 9.13
Construction and Development Loans 2.08
Commercial Real Estate 14.96
Commercial and Industrial Loans 6.07
Farm Loans 27.40

Frequently Asked Questions About Western Bank Of Wolf Point

Branches and Savings

Is Western Bank Of Wolf Point FDIC insured?

Yes. It is covered under FDIC Certificate #341.

Why does Western Bank Of Wolf Point pay such low interest on savings accounts?

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

Why are Western Bank Of Wolf Point CD rates not competitive?

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

Is Western Bank Of Wolf Point a commercial bank?

Yes

Where are Western Bank Of Wolf Point locations?

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Is Western Bank Of Wolf Point open on Saturdays?

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Are Western Bank Of Wolf Point ATMs Open 24/7?

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Products

Does Western Bank Of Wolf Point offer mortgages?

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Does Western Bank Of Wolf Point offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Western Bank Of Wolf Point offer personal loans?

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Does Western Bank Of Wolf Point offer student loans?

Will Western Bank Of Wolf Point cash a check?

Will Western Bank Of Wolf Point redeem a savings bond?

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Will Western Bank Of Wolf Point cash money orders?

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Does Western Bank Of Wolf Point do currency exchange?

Background on The Bank

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