American Union Bank in Union, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 28, 1995

  • American Union Bank in Union, New Jersey (NJ)
  • Show street view No street view available for this location

American Union Bank - Overview

  • General
  • FDIC Certificate #: 32966
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Valley National Bank (#9396)
    Federal Reserve ID: 1457263
    Date Established: June 04, 1990
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 46144
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: June 04, 1990
    Last Structure Change Effective Date: Febuary 28, 1995
    Last Structure Change Process Date: March 14, 1995
    Last Data Update: March 14, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 2784 Morris Avenue, Union, NJ 7083
    County: Union
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Jamesburg
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Newark, NJ (#5640)
    Consolidated Metropolitan Statistical Area (CMSA): New York-Northern New Jersey-Long Island, NY-NJ-CT-PA (#70)
    Combined Statistical Area (CSA): New York-Newark-Bridgeport, NY-NJ-CT-PA (#408)
    Core Based Statistical Area (CBSA): New York-Northern New Jersey-Long Island, NY-NJ-PA (#35620)
    CBSA Metro Statistical Area: New York-Northern New Jersey-Long Island, NY-NJ-PA (#35620)
    Core Based Statistical Division: Newark-Union, NJ-PA (#35084)
  • Financial Summary
  • Total assets: $57.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $23Total assets
  • $57,389Cash and due from depository institutions
  • $2,481Interest-bearing balances
  • $0Securities
  • $19,950Federal funds sold & reverse repurchase agreements
  • $1,910Net loans & leases
  • $31,876Loan loss allowance
  • $367Trading account assets
  • $0Bank premises and fixed assets
  • $286Other real estate owned
  • $0Goodwill and other intangibles
  • $886Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $57,389Total liabilities
  • $53,221Total deposits
  • $52,565Interest-bearing deposits
  • $42,578Deposits held in domestic offices
  • 52565.00%% insured (estimated)
  • $86Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $656Total equity capital
  • $656Total bank equity capital
  • $4,168Perpetual preferred stock
  • $0Common stock
  • $2,750Surplus
  • $2,318Undivided profits
  • Memoranda
  • $-900Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $440Income earned, not collected on loans
  • $235Earning assets
  • $53,736Long-term assets (5+ years)
  • $8,265Average Assets, year-to-date
  • $53,341Average Assets, quarterly
  • $56,223Volatile liabilities
  • $3,326Insider loans
  • $717FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $8,552Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,425Total risk weighted assets
  • $36,497Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,572Total interest expense
  • $1,253Net interest income
  • $2,319Provision for loan and lease losses
  • $97Total noninterest income
  • $279Fiduciary activities
  • $0Service charges on deposit accounts
  • $243Trading account gains & fees
  • $0Additional noninterest income
  • $36Total noninterest expense
  • $2,328Salaries and employee benefits
  • $894Premises and equipment expense
  • $313Additional noninterest expense
  • $1,121Pre-tax net operating income
  • $173Securities gains (losses)
  • -$173Applicable income taxes
  • -$140Income before extraordinary items
  • $140Extraordinary gains - net
  • $0Net income attributable to bank
  • $140Net charge-offs
  • $22Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.12%Cost of funding earning assets
  • 2.50%Net interest margin
  • 4.62%Noninterest income to earning assets
  • 0.56%Noninterest expense to earning assets
  • 4.64%Net operating income to assets
  • 0.59%Return on assets (ROA)
  • 0.26%Pretax return on assets
  • 0.00%Return on equity (ROE)
  • 3.32%Retained earnings to average equity (YTD only)
  • 3.32%Net charge-offs to loans
  • 0.08%Credit loss provision to net charge-offs
  • 440.91%Efficiency ratio
  • 89,607Assets per employee
  • 2.50%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.14%Loss allowance to noncurrent loans
  • 83.41%Noncurrent assets plus other real estate owned to assets
  • 0.77%Noncurrent loans to loans
  • 1.36%Net loans and leases to deposits
  • 60.64%Net loans and leases to core deposits
  • 64.74%Equity capital to assets
  • 7.26%Core capital (leverage) ratio
  • 7.73%Tier 1 risk-based capital ratio
  • 12.12%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $53,341Average earning assets
  • $4,223Average equity
  • $50,163Average loans

Comment about this bank, ask questions, or add new information about it:


This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with American Union Bank.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents