United Bank
Libby, MT · Owner: Intermountain Bcorp
$15.4M
total assets, March 31, 1987
$15.4M
total assets, March 31, 1987
United Bank was a state nonmember bank in Libby, MT, owned by Intermountain Bcorp. It failed on May 14, 1987, and First National Bank In L took over its deposits. At its last report it held $15.4 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1987
This bank failed
- Failed on
- May 14, 1987
- Assets
- $15.4M
- Deposits
- $14.4M
- Estimated cost
- $1.7M
- Deposits went to
- First National Bank In L, Libby, MT
Total assets
$15.4M
-17.2% in a year · -17.2% in a quarter
Deposits
$14.4M
-15.1% in a year · -16.8% in a quarter
Loans
$11.2M
-11.5% in a year · -4.3% in a quarter
Profit so far
$23K
Jan 1 to Mar 31, 1987 · -14.8% in a year
Capital ratio
5.37%
-2.20 pts in a year
Return on assets
0.54%
-0.03 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 402 Mineral Street, Libby, MT, 59923
- County
- Lincoln
- Holding company
- Intermountain Bcorp
- Established
- Dec 28, 1964
- Failed
- May 14, 1987
- Employees
- 16
- Id
- b19324
Quarter by quarter
March 31, 1984 to March 31, 1987
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is United Bank?
$15.4 million in total assets and $14.4 million in deposits as of March 31, 1987, with assets down 17.2% from a year before. Its loans were $11.2 million.
Is United Bank profitable?
Yes: it earned $23,000 from January 1 to March 31, 1987 (down 14.8% from the same months a year before). Its return on assets was 0.54% a year; about 1% is typical.
Who owns United Bank?
United Bank is owned by Intermountain Bcorp, its holding company.
When did United Bank fail?
May 14, 1987. First National Bank In L of Libby, MT took over its deposits. The estimated cost of the failure was $1.72 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.