Wednesday, May 11, 2016

The 3 Publicly-Held Montana Non-Financial Companies With Market Caps Above $1 Mil Generated Total Losses of $26.9 Mil in Annual 2015 As Compared With Total Earnings of $56.9 Mil in Annual 2014 ..... On the Other Hand, the 3 Publicly-Held Montana Banks Are Doing Just Great Generating Total Audited Earnings of $205.5 Mil in 2015, Up 3% Over 2014, Up 12% Over 2013, Up 51% Over 2012, Up 112% Over 2011, Up 150% Over 2010 and Up 127% Over 2009 ..... US Capitalism as Implemented By the Democratic and Republican Establishments is Clearly Not Working in Montana ..... When the Banks Have All the Total Company Earnings in a State, the Economy of That State Has To Be Down the Tubes With State Citizens Suffering Financially and the US Government is Doing Nothing To Deal With This

From a review of US Company SEC filings, below here are the reported US GAAP Earnings (Losses) From Continuing Operations, Predominately Audited, for the most recent Annual Fiscal Year End (FYE) 2015 and for 2014 for each of the 3 Publicly-Held Financial and the 3 Publicly-Held Non-Financial Montana HQed Companies:





2015 2014




Net Net Increase Increase


Most Income Income (Decrease) (Decrease)
City State Recent (Loss) (Loss) Amount %
All Montana Publicly-Held Companies HQs HQs FYE  $ mils  $ mils  $ mils








Banks






First Interstate Bancsystem Inc Billings MT Dec 15         86.8         84.4           2.4    
Glacier Bancorp Inc Kalispell MT Dec 15       116.1       112.8           3.3    
Eagle Bancorp Montana Helena MT Dec 15           2.6           2.1           0.5    








Total all 3 Banks


      205.5       199.3           6.2 3%








Non-Banks






Stillwater Mining Company Billings MT Dec 15       (24.0)         69.0       (93.0)    
United States Antimony Thompson Falls MT Dec 15         (0.8)         (1.6)           0.8    
Xtant Medical Holdings Belgrade MT Dec 15         (2.1)       (10.5)           8.4    








Total all 3 Non-Banks


      (26.9)         56.9       (83.8) -147%








Total all 6 Companies


      178.6       256.2       (77.6) -30%

Also from a review of US Company SEC filings, below here are the reported US GAAP Earnings (Losses) From Continuing Operations, Audited By One of the Prestigious Big 4 CPA Firms, for the most recent Annual Fiscal Year End (FYE) 2015 and for each of earlier Years of 2009-2014 for each of the 3 Publicly-Held Banks HQed in Montana:




 Annual   Annual   Annual   Annual   Annual   Annual   Annual 




2015 2014 2013 2012 2011 2010 2009




Net Net Net Net Net Net Net


Most Income Income Income Income Income Income Income
City State Recent (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)
All Montana Publicly-Held Banks HQs HQs FYE  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils











Banks









First Interstate Bancsystem Inc Billings MT Dec 15         86.8         84.4         86.1         58.2         44.5         37.4         53.9
Glacier Bancorp Inc Kalispell MT Dec 15       116.1       112.8         95.6         75.5         50.1         42.3         34.4
Eagle Bancorp Montana Helena MT Dec 15           2.6           2.1           2.0           2.2           2.4           2.4           2.4











Total all 3 Banks


      205.5       199.3       183.7       135.9         97.0         82.1         90.7











2015 Total Earning % Increase Over:









………. 2014


3%





………. 2013


12%





………. 2012


51%





………. 2011


112%





………. 2010


150%





………. 2009


127%