State Coverage: Montana
Glacier in Montana Boosts Earnings With Credit Focus
American Banker | Jan 26Glacier Bancorp Inc. in Kalispell, Mont., reported higher earnings after it purged bad loans off its books.
FDIC Tells Seven Community Banks to Boost Capital Ratios
American Banker | Jan 04The Federal Deposit Insurance Corp. has ordered seven ailing community banks to raise fresh capital and directed three others with elevated loan losses to submit written plans for raising capital should credit quality weaken further.
Glacier Swings to $19 Million Loss on Impairment Charge
American Banker | Oct 28Glacier Bancorp Inc.'s shares fell Friday after the company posted a third-quarter loss of $19 million due to a $32.6 million goodwill impairment charge.
Goodwill Charge to Wipe Out Glacier's 3Q Profits
American Banker | Oct 21Glacier Bancorp Inc. in Kalispell, Mont., said late Thursday that it intends to take a goodwill impairment charge of between $30 million and $35 million in the third quarter to reflect the recent decline in its market value.
Fed Acts Against Three Banks
American Banker | Jul 06The Federal Reserve on Tuesday announced three written agreements: First National Bank Group, Virginia Community Bankshares and Belt Valley Bank.
NASB Restates, Posts Loss
American Banker | May 12Mounting problems in construction lending have forced NASB Financial in Grandview, Mo., to restate earnings for its fiscal 1Q and delay reporting 2Q earnings.
Montana Credit Union Adds Payday Loan
American Banker | Apr 25Great Falls Teachers Federal Credit Union in Montana on Monday said it is offering a new payday loan that offers up to $500 regardless of credit history.
Montana Bank's MSR Hit Lessens
American Banker | Feb 04Net income at First Interstate BancSystem grew 24.2% from the 3Q, to $10.8M. The Billings, Mont., company attributed the results to strong income from the origination and sale ...
Glacier Profit Flat, Margin Shrinks
American Banker | Jan 28Glacier Bancorp in Kalispell, Mont., said its quarterly net income was flat from a year earlier as lower interest income offset a dip in the loan-loss provision.
PE Removing Options for Acquisition-Minded Banks
American Banker | Nov 23Private-equity firms willing to fund cash-strapped banks are snatching opportunities from more traditional consolidators.
Glacier's CEO Says 3Q Results 'Mixed'
American Banker | Oct 22Glacier Bancorp in Kalispell, Mont., said it earned $9.4M in the 3Q, compared with a $1.5M loss a year earlier, as its loan-loss provision declined and noninterest income grew.
A Gush of Tourism Dollars Trickling to Montana Banks
American Banker | Aug 16Montana's banks are struggling with weak loan demand and delinquent construction loans. Yet this summer they're getting a much-needed buffer from tourists, whose dollars ...
Eagle Completes Conversion
American Banker | Apr 05Eagle Bancorp Montana Inc. of Helena said Monday it completed the second step of its conversion from a mutual to a stock company.
Opting In to Overdraft for Fee Income, Customers
American Banker | Apr 01Many smaller banks say they plan to keep offering such services because demand is strong and overdraft fee income is essential.
IPO Window, Long Shut, Opens for First Interstate
American Banker | Mar 25In only the second bank IPO since mid-2007, a Montana company's shares debuted on the Nasdaq this week. Analysts say the IPO from First Interstate BancSystem of Billings, which raised ...
