The Bank of Union in El Reno, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches

The Bank of Union - Overview

  • General
  • FDIC Certificate #: 17967
    Status: Active
    Federal Reserve ID: 535258
    Bank Holding Company (Regulatory Top Holder): Union City Corporation (RSSDID: 2526296, Location: El Reno, OK)
    Date Established: January 01, 1900
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 11899
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: Febuary 09, 1959
    Last Structure Change Effective Date: October 01, 2007
    Last Structure Change Process Date: March 27, 2008
    Last Data Update: March 27, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 2000 South Country Club Road, El Reno, OK 73036
    County: Canadian
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Oklahoma City
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Oklahoma City, OK (#5880)
    Combined Statistical Area (CSA): Oklahoma City-Shawnee, OK (#416)
    Core Based Statistical Area (CBSA): Oklahoma City, OK (#36420)
    CBSA Metro Statistical Area: Oklahoma City, OK (#36420)
  • Financial Summary
  • Total assets: $381.2 mil
    Equity capital: $36.8 mil
    Deposits held in domestic offices: $344.2 mil
    Return on assets (ROA): 2.24% ($8.5 mil)
    Quarterly return on assets: 2.14% ($8.2 mil)
    Return on Equity (ROE): 23.84% ($8.8 mil)
    Quarterly return on equity: 22.48% ($8.3 mil)
    Net income: $8.2 mil
    Quarterly Net income: $2.0 mil
    Pretax return on assets: 2.24% ($8,538.2 mil)
    Quarterly Pretax return on assets: 2.14% ($8,157.0 mil)

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

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 63Total employees (full-time equivalent)
  • $381,170Total assets
  • $13,177Cash and due from depository institutions
  • $121Interest-bearing balances
  • $21,139Securities
  • $477Federal funds sold & reverse repurchase agreements
  • $336,094Net loans & leases
  • $4,888Loan loss allowance
  • $0Trading account assets
  • $2,405Bank premises and fixed assets
  • $211Other real estate owned
  • $0Goodwill and other intangibles
  • $381,170Life insurance assets
  • $7,667All other assets
  • $344,371Total liabilities and capital
  • $344,190Total liabilities
  • $323,547Total deposits
  • $344,190Interest-bearing deposits
  • $84Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $181Subordinated debt
  • $36,799All other liabilities
  • $36,799Total equity capital
  • $36,799Total bank equity capital
  • $0Perpetual preferred stock
  • $64Common stock
  • $23,100Surplus
  • $13,635Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $586Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $7,963Income earned, not collected on loans
  • $0Earning assets
  • $6,065Long-term assets (5+ years)
  • $357,831Average Assets, year-to-date
  • $27,311Average Assets, quarterly
  • $365,218Volatile liabilities
  • $378,975Insider loans
  • $337,648FHLB advances
  • $380,180Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $36,548Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $21,714Restructured Loans and leases
  • $5,023Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $22,967Total interest income
  • $4,983Total interest expense
  • $17,984Net interest income
  • $3,850Provision for loan and lease losses
  • $1,194Total noninterest income
  • $0Fiduciary activities
  • $978Service charges on deposit accounts
  • $0Trading account gains & fees
  • $216Additional noninterest income
  • $7,161Total noninterest expense
  • $4,085Salaries and employee benefits
  • $706Premises and equipment expense
  • $2,370Additional noninterest expense
  • $8,167Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $8,167Income before extraordinary items
  • $0Extraordinary gains - net
  • $8,167Net income attributable to bank
  • $0Net charge-offs
  • $8,167Cash dividends
  • $1,968Sale, conversion, retirement of capital stock, net
  • $2,969Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.64%Yield on earning assets
  • 1.44%Cost of funding earning assets
  • 5.20%Net interest margin
  • 0.35%Noninterest income to earning assets
  • 2.07%Noninterest expense to earning assets
  • 2.24%Net operating income to assets
  • 2.24%Return on assets (ROA)
  • 2.24%Pretax return on assets
  • 23.84%Return on equity (ROE)
  • 15.18%Retained earnings to average equity (YTD only)
  • 0.63%Net charge-offs to loans
  • 195.63%Credit loss provision to net charge-offs
  • 6.11%Efficiency ratio
  • 37,340Assets per employee
  • 6.05%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 36.35%Loss allowance to loans
  • 1.43%Loss allowance to noncurrent loans
  • 61.38%Noncurrent assets plus other real estate owned to assets
  • 2.14%Noncurrent loans to loans
  • 2.34%Net loans and leases to deposits
  • 97.65%Net loans and leases to core deposits
  • 115.04%Equity capital to assets
  • 9.65%Core capital (leverage) ratio
  • 9.61%Tier 1 risk-based capital ratio
  • 10.82%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $365,218Average earning assets
  • $34,253Average equity
  • $345,871Average loans

List of branches

  • 2 Oklahoma Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011899The Bank Of Union2000 South Country Club Road, El Reno, OK 73036January 01, 1900Full Service Brick and Mortar
    1269219205 North Main Street Branch205 North Main Street, Union City, OK 73090January 01, 1921Full Service Brick and Mortar

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