In 2002, Montana had 84 insured banks, of which 64 were state-chartered. Assets of the insured banks totaled $13.9 billion.
Many of Montana's banks hold high concentrations of agricultural loans. Loan delinquency levels among farm lenders was at a relatively high level in 2002. Construction and development (C and D) lending increased in 2002, largely driven by housing construction. Lower interest rates during 2001 and 2002 caused Montana's banks to report lower earnings performance.