Western Security Bank
Billings, MT — Domestic Branch of a Domestic Bank
Acquired May 2012
Vitals
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Total Assets823.7M 7.8 %
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Total Deposits586.0M 4.8 %
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Total Net Loans257.8M -5.0 %
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Net Income2.4M 22.9 %
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Book Value93.7M 7.8 %
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Book Value x2187.4M 7.8 %
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Book Value x3281.2M 7.8 %
Balance Sheet Highlights
Financial Highlights | Western Security Bank | All Insured Commercial Banks in Montana |
Balance Sheet $(000) | ||
Total Assets | 823,729 | 176,938 |
Total Net Loans | 257,796 | 94,489 |
Total Deposits | 585,952 | 141,372 |
Total Equity | 93,723 | 20,356 |
Profitability | ||
Net Income | 2,389 | 450 |
Return on Average Assets | 1.185 | .81 |
Return on Average Equity | 10.264 | 7.482 |
Net Interest Margin | 3.259 | 4.067 |
Efficiency Ratio | 49.26 | 68.994 |
Noninterest Income/Revenue | 20.346 | 13.971 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 43.996 | 66.652 |
Securities/Assets | .554 | .286 |
Total Equity/Total Assets | .114 | .115 |
Tangible Equity/Tangible Assets | .086 | .109 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 64,839 | 18,338 |
Tier 2 Capital | 5,168 | 1,525 |
Total Capital | 70,007 | 19,949 |
Total Risk Weighted Assets | 411,413 | 114,163 |
Leverage Ratio | 8.27 | 10.158 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 15.76 | 15.846 |
Total Capital Ratio | 17.02 | 17.136 |
Timeline for Western Security Bank
Peak Western Security Investment Fund 2, Llc
Peak Western Security Investment Fund 2, Llc became a new subsidiary organization for Western Security Bank.
View Profile Apr 29 2010First Citizens Bank Of Billings
Acquisition: Western Security Bank acquired a new subsidiary, First Citizens Bank Of Billings, 17 years
View Profile Jan 27 2007Western Security Bank
Western Security Bank was established 22 years ago and is currently headquartered in Billings, MT.
May 17 2001Western Security Bank
Acquisition: Western Security Bank acquired a new subsidiary, Western Security Bank, 22 years
View Profile May 17 2001Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Glacier Bank | Buyer | 9,297,497 | Pooling of Interests | Discontinued | 5/1/2012 |
First Citizens Bank Of Billings | Seller | 185,352 | Pooling of Interests | Discontinued | 1/27/2007 |
Western Security Bank | Seller | 916,606 | Pooling of Interests | Discontinued | 5/17/2001 |
Relationships | Role | Relationship Start | Relationship End |
Glacier Bancorp, Inc. | Parent | 5/17/2001 | 4/30/2012 |
Peak Western Security Investment Fund 2, Llc | Subsidary | 4/29/2010 | 4/30/2012 |
Coad Ii Limited Partnership | Subsidary | 5/17/2001 | 12/31/2011 |
Coad Iii Limited Partnership | Subsidary | 5/17/2001 | 12/31/2011 |
Service Corporation Of Montana, Inc. | Subsidary | 5/17/2001 | 7/20/2001 |
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