Madison Valley Bank is headquartered in Ennis and is the 15th largest bank in the state of Montana. It is also the 2,668th largest bank in the nation. It was established in 1965 and as of June of 2022, it had grown to 44 employees at 5 locations. Madison Valley Bank has an A health rating.
Review Of First Madison Valley Bank
First Madison Valley Bank primarily services the Madison Valley in southwestern Montana. Based out of Ennis, the bank has two locations. The only other bank in town is Valley Bank, with one location. Of the two, FMVB has many more ATM locations, including ones conveniently placed at the gas station and grocery store. As far as basic checking and savings account services, FMVB is pretty average. When it comes to servicing loans and mortgages, I would recommend Valley Bank before FMVB. Valley Bank is much friendlier and provides much better personal service.
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 19544 |
| Year Established | 1965 |
| Employees | 44 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.14% |
| Return on Equity - YTD | 15.47% |
| Annual Interest Income | $4.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $266.2MM$253.2MM |
| Loans | Q2 2022vs Q2 2021 | $140.1MM$143.0MM |
| Deposits | Q2 2022vs Q2 2021 | $246.2MM$233.3MM |
| Equity Capital | Q2 2022vs Q2 2021 | $19.6MM$19.5MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $1.1MM$1.8MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $401.00K$414.00K |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |