# BELT VALLEY BANK
BELT, MT · FDIC certificate 15362 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *credit-stressed*. Composite score 2 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $89.9M | |
| Deposits | $74.0M | |
| Loans and leases | $74.0M | |
| Total equity | $13.3M | |
| Loans / deposits | 98.67% (p90 of band) | 73.59% |
| Liquid assets / assets | 16.80% (p15 of band) | |
| Uninsured deposits / deposits | 7.46% (p7 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 2.45% (p61 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 14.83% (p76 of band) | 11.76% |
| Unrealized securities loss / equity | -0.98% (p77 of band) | -6.57% |
| AOCI / equity | -0.02% (p69 of band) | |
| ROA (annualized) | 2.01% (p86 of band) | 1.17% |
| Net interest margin | 5.35% (p95 of band) | 3.93% |
| Efficiency ratio | 48.41% (p11 of band) | |
| Noncurrent loans | 3.85% (p95 of band) | 0.36% |
| Net charge-offs (annualized) | 0.00% (p56 of band) | |
| Reserve coverage of noncurrent | 33.53% | |
| Real estate % of loans | 78% | |
| Construction % of loans | 98.28% (p94 of band) | |
| Auto loans | $204,000 (0.28% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 11.5% | |
| Employees | 13 | |

## Flags firing in the latest filing

- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | noncurrent p90, charge-offs p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 2 |  | charge-offs p90, construction >100% equity |
| 2011-09 | 1 |  | noncurrent p90 |
| 2011-12 | 0 |  | reserve under noncurrent |
| 2012-03 | 1 | reserve under noncurrent |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 | deposits shrinking | reserve under noncurrent |
| 2013-03 | 2 | capital falling |  |
| 2013-06 | 2 | assets shrinking | capital falling |
| 2013-09 | 0 |  | deposits shrinking, assets shrinking |
| 2013-12 | 1 | reserve under noncurrent |  |
| 2014-03 | 2 | uninsured deposits leaving |  |
| 2014-06 | 2 |  |  |
| 2014-09 | 3 | charge-offs p90 |  |
| 2014-12 | 2 |  | reserve under noncurrent |
| 2015-03 | 0 |  | uninsured deposits leaving, charge-offs p90 |
| 2015-06 | 0 |  |  |
| 2015-09 | 2 | deposits shrinking, uninsured deposits leaving |  |
| 2015-12 | 2 |  |  |
| 2016-03 | 1 |  | deposits shrinking |
| 2016-06 | 0 |  | uninsured deposits leaving |
| 2016-09 | 1 | reserve under noncurrent |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 2 | capital falling, charge-offs p90 | reserve under noncurrent |
| 2017-06 | 0 |  | capital falling, charge-offs p90 |
| 2017-09 | 1 | loans exceed deposits |  |
| 2017-12 | 1 | reserve under noncurrent | loans exceed deposits |
| 2018-03 | 2 | loans exceed deposits |  |
| 2018-06 | 1 |  | reserve under noncurrent |
| 2018-09 | 2 | reserve under noncurrent |  |
| 2018-12 | 3 | capital falling |  |
| 2019-03 | 3 |  |  |
| 2019-06 | 2 |  | capital falling |
| 2019-09 | 3 | noncurrent p90 |  |
| 2019-12 | 2 |  | noncurrent p90 |
| 2020-03 | 2 |  |  |
| 2020-06 | 2 |  |  |
| 2020-09 | 3 | capital falling |  |
| 2020-12 | 1 |  | loans exceed deposits, reserve under noncurrent |
| 2021-03 | 3 | noncurrent p90, reserve under noncurrent |  |
| 2021-06 | 2 |  | noncurrent p90 |
| 2021-09 | 1 |  | capital falling |
| 2021-12 | 0 |  | reserve under noncurrent |
| 2022-03 | 1 | capital falling |  |
| 2022-06 | 0 |  | capital falling |
| 2022-09 | 1 | construction >100% equity |  |
| 2022-12 | 1 |  |  |
| 2023-03 | 2 | deposits shrinking |  |
| 2023-06 | 2 |  |  |
| 2023-09 | 4 | assets shrinking, uninsured deposits leaving |  |
| 2023-12 | 4 | capital falling | assets shrinking |
| 2024-03 | 2 |  | deposits shrinking, capital falling |
| 2024-06 | 2 | loans exceed deposits | uninsured deposits leaving |
| 2024-09 | 2 |  |  |
| 2024-12 | 2 | capital falling | loans exceed deposits |
| 2025-03 | 2 | loans exceed deposits | capital falling |
| 2025-06 | 2 |  |  |
| 2025-09 | 5 | liquid assets <10%, reserve under noncurrent, uninsured deposits leaving |  |
| 2025-12 | 2 |  | loans exceed deposits, liquid assets <10%, reserve under noncurrent |
| 2026-03 | 3 | capital falling, noncurrent p90, reserve under noncurrent | construction >100% equity, uninsured deposits leaving |
| 2026-06 | 2 |  | capital falling |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-08-31 [Small bank battles out-of-state investor - Montana Free Press](https://news.google.com/rss/articles/CBMiiAFBVV95cUxQa1hOMkltUUtCQVB3aTk2M292SlpTTTVDdUpZVnoyeGxuTlN4UXZXVUsxREZTbUtCTGxrUmxKN3p4REhHdkhPeVg1Y3Z0dC1obVZvRi1EaUwzTzZMcm5lY29LSDV2OXZUdnh2MlpsV3FVQ3BMaTNBUFgzbDFPb2NrYkxNdmNXVVYt?oc=5) · Montana Free Press
- 2012-10-22 [Malta Rancher Sentenced in U.S. District Court - Department of Justice (.gov)](https://news.google.com/rss/articles/CBMifkFVX3lxTE9YaXJYWmZ4YVd1aG9tNVprQ2hadU5SNkFDY3B0NWdtYVNpUGROOU9mUmRVaGJYQjRfdUFyU2w2Sy1XSGVwN1dUbE9KemtGRTdGdkZza3gzWlp5YTgyaWRxQVVGckdId05rWHh2cVc2dThZUFFvTlJVUnd6Wm5WUQ?oc=5) · Department of Justice (.gov)
- 2023-03-03 [CFPB Announces Appointments of New Advisory Committee Members - newswire.com](https://news.google.com/rss/articles/CBMiogFBVV95cUxPbUd3Wk1EZTlRNGxjV19qcktDeDRhVHJEM09hUDB5OTBwLXpjLTNPOUtZb3JXQTN6aDRlc2FWSzNlbGNvRGpaZVZBLXc4eXdrdzBoR1B3aFlVWnBoVGEzOE1JM3FLckxnZ05jUE9DV0FpUWVZVS1TRDRTbFJKMDlpbnhnRTZmOTJvbXhnVHFVc2FmcDlhRElRVHJPTlM4bnlTWlE?oc=5) · newswire.com
- 2011-01-11 [Elizabeth Browning Obituary (2011) - Great Falls, MT - Great Falls Tribune - legacy.com](https://news.google.com/rss/articles/CBMioAFBVV95cUxQUV8wU09VUHR2YmNWclpmTmFuZkRiUFV2RDQyU2lWRTZYb1FFRjl4R3JWZFhrU0hOQzN5RUlKc0hBMU9IN3N4QzgtZHUzc1poTUk1UzhZRktqd1NzOXU3SlVwZXVwSGVmYzlIQVhPX1E0Y0d6R2xPbjBtcDZVYUxKOHg1VXk5cW55bTJhNFdXM29scGo0S0R6N09ndTQ4STZX?oc=5) · legacy.com
- 2012-02-15 [Malta Ranchers Accused Of Million Dollar Belt Valley Bank Fraud in U.S. Federal Court - Department of Justice (.gov)](https://news.google.com/rss/articles/CBMifkFVX3lxTFBpdkFtM0JNVkRTSTktXy1LdWNKeVQwSWlEbkJreEZYUW9NNFdvc2ZMMm1vWE40bkFkTW5EMTJXVjlCTWlUQ1cwVWx1LWYycTJqUUtURU94TDJUMUwtSVZvQlNKSThJQThUeHVQX21Wek5tcHVuWU5TaXIwVUJnZw?oc=5) · Department of Justice (.gov)
- 2025-12-29 [Belt boy critically injured in side-by-side accident - KRTV](https://news.google.com/rss/articles/CBMipwFBVV95cUxQN2tOVDZHMjJvbnFPNzQzaGF1bDgzSEVySG40MVhZNk1lbVBObW5fYzU0NktvM0JydHc3SlQzLW9Ta3B4OHE5OVBEb0h1ZXdQUEVRbzJZQ2NfNWEzelVERjZ3akhRTi04NlZYRWhET3pkMXc2cUhvZXF0eGxwekFtd2s2ZFU0eVlya29FYWsyYU9rRXRPRVpUNEVHT2V3eVRMU09kenpFVQ?oc=5) · KRTV
- 2015-07-01 [Kathryn Elam Obituary (2015) - Belt, MT - Great Falls Tribune - legacy.com](https://news.google.com/rss/articles/CBMimAFBVV95cUxOMUVBOEFqSGZQZ0s3SE5mOXNVWU1jSGVxMUZHOWxqQXBGSlFOQWRvdFJxZUVIVDBpZDRhOFZmZjlOS293Yk5tbDV1RDdsam9KMzYyblBobkpvbUZGRi1FODlzbFpwMnNnaWRZTWdjdHhjZXdFUWtEQWFFS3QtOFFncV9rWW9uMFZUUVI3RmV1RmhsZE5SMEZVQQ?oc=5) · legacy.com
- 2012-07-31 [Lori Webb Knudsen Sentenced in U.S. District Court - Department of Justice (.gov)](https://news.google.com/rss/articles/CBMifkFVX3lxTE9Jb0doWk5SV3J2SllOb0ptbTNXdU56VDY3cU9DYnZBeGVPUzV2aFVoZWRvMVZtQ2NDb2R3ajF2X3BqNDMtbVlTUkVVTGR5aW1yd3NQXzB6a19ydEJnWVpDZ2tybF96S2FBS1Nfcjc3d3gxZkFHVXNyX0ptaEFKdw?oc=5) · Department of Justice (.gov)

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=15362 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/2.json (key "15362", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide