Bitterroot Valley Bank
Bitterroot Valley Bank is headquartered in Lolo and is the 10st largest bank in the state of Montana. It is also the 1,873rd largest bank in the nation. It was established in 1982 and as of December of 2013, it had grown to 108 employees at 10 locations. Bitterroot Valley Bank has a B health rating.
Data for Q4 2013
Institution Health
Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Bitterroot Valley Bank had $8.69 million in non-current loans and owned real-estate with $38.38 million in equity and loan loss allowances on hand to cover it. This gives Bitterroot Valley Bank a Texas Ratio of 22.64% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Bitterroot Valley Bank experienced no significant changes from 21.61% as of December 31, 2012 to 22.64% as of December 31, 2013, resulting in a negative change of 4.78%. This indicates that the balance sheet and financial strength for Bitterroot Valley Bank has had no significant changes in recent periods.
Deposit Growth
In the past year, Bitterroot Valley Bank has increased its total deposits by $3.49 million, resulting in 1.33% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Bitterroot Valley Bank has shown is above average.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Bitterroot Valley Bank has $348.46 million in assets with $38.38 million in equity, resulting in a capitalization level of 11.01%, which is excellent.
Institution Statistics
| Overall | |
|---|---|
| FDIC Certificate # | 23806 |
| Year Established | 1982 |
| Employees | 108 |
| Primary Regulator | FDIC |
| Assets and Liabilities | |
|---|---|
| Assets | $348.46 million |
| Loans | $231.50 million |
| Deposits | $264.83 million |
| Equity Capital | $35.08 million |
| Loan Loss Allowance | $3.30 million |
| Unbacked Noncurrent Loans | $4.84 million |
| Real Estate Owned | $3.85 million |
| Historic Data - December 2012 | |
|---|---|
| Assets | $354.71 million |
| Equity Capital | $39.11 million |
| Loan Loss Allowance | $3.10 million |
| Unbacked Noncurrent Loans | $4.84 million |
| Real Estate Owned | $3.12 million |
| Profit Margin - Quarterly | |
|---|---|
| Net Interest Margin | 4.29% |
| Return on Assets | 1.56% |
| Return on Equity | 15.21% |
| Interest Income | $15.60 million |
Sorry, we do not have rate data for Bitterroot Valley Bank
| Bitterroot Valley Bank Locations | ||
|---|---|---|
| Corvallis Branch | 1070 Eastside Hwy | Corvallis, MT 59828 |
| Bitterroot Valley Bank | 11300 U.S. Highway 93 S. Ste D | Lolo, MT 59847 |
| Blodgett View Branch | 1131 North 1st Street | Hamilton, MT 59840 |
| Frenchtown Branch | 16600 Beckwith St | Frenchtown, MT 59834 |
| Superior Branch | 200 River Street | Superior, MT 59872 |
| Ravalli Main Office | 244 West Pinckney | Hamilton, MT 59840 |
| North Valley Branch At Super One Foods | 39 Stevensville Cutoff Road | Stevensville, MT 59870 |
| Airway Boulevard Branch | 5600 Airway Boulevard | Missoula, MT 59808 |
| St. Regis Branch | 651 Montana Highway 135 | Saint Regis, MT 59866 |
| Milltown Branch | 7676 Highway 200 | Milltown, MT 59851 |