The Union Bank Company in Columbus Grove, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

The Union Bank Company - Overview

  • General
  • FDIC Certificate #: 12969
    Status: Active
    Federal Reserve ID: 780218
    Bank Holding Company (Regulatory Top Holder): United Bancshares, Inc. (RSSDID: 1136009, Location: Columbus Grove, OH)
    Date Established: November 21, 1904
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 14 (Domestic: 14, Interstate: No)
    OTS Docket #: 9881
    FDIC's unique #: 8196
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 26, 2010
    Last Structure Change Process Date: September 01, 2010
    Last Data Update: September 01, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 100 South High Street, Columbus Grove, OH 45830
    County: Putnam
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Columbus
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
  • History of Changes
  • Office Purchased
  • Financial Summary
  • Total assets: $586.4 mil
    Equity capital: $67.5 mil
    Deposits held in domestic offices: $482.1 mil
    Return on assets (ROA): 0.58% ($3.4 mil)
    Quarterly return on assets: 0.74% ($4.3 mil)
    Return on Equity (ROE): 5.28% ($3.5 mil)
    Quarterly return on equity: 6.48% ($4.3 mil)
    Net income: $3.4 mil
    Quarterly Net income: $1.1 mil
    Pretax return on assets: 0.64% ($3,752.7 mil)
    Quarterly Pretax return on assets: 0.82% ($4,808.1 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
  • 146Total employees (full-time equivalent)
  • $586,354Total assets
  • $58,997Cash and due from depository institutions
  • $50,132Interest-bearing balances
  • $151,954Securities
  • $33Federal funds sold & reverse repurchase agreements
  • $332,157Net loans & leases
  • $8,543Loan loss allowance
  • $0Trading account assets
  • $9,141Bank premises and fixed assets
  • $2,861Other real estate owned
  • $9,497Goodwill and other intangibles
  • $586,354Life insurance assets
  • $21,714All other assets
  • $518,864Total liabilities and capital
  • $482,067Total liabilities
  • $415,576Total deposits
  • $482,067Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 5216.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $27,565Trading liabilities
  • $0Other borrowed funds
  • $4,016Subordinated debt
  • $67,490All other liabilities
  • $67,490Total equity capital
  • $67,490Total bank equity capital
  • $0Perpetual preferred stock
  • $840Common stock
  • $17,764Surplus
  • $48,886Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $21,756Income earned, not collected on loans
  • $0Earning assets
  • $1,951Long-term assets (5+ years)
  • $534,276Average Assets, year-to-date
  • $133,018Average Assets, quarterly
  • $592,624Volatile liabilities
  • $585,172Insider loans
  • $408,759FHLB advances
  • $576,826Loans and leases held for sale
  • $13,336Unused loan commitments
  • $3,404Tier 1 (core) risk-based capital
  • $55,049Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $9,932Total unused commitments
  • $68,566Restructured Loans and leases
  • $3,753Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $26,461Total interest income
  • $6,976Total interest expense
  • $19,485Net interest income
  • $4,375Provision for loan and lease losses
  • $2,934Total noninterest income
  • $0Fiduciary activities
  • $1,100Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,834Additional noninterest income
  • $15,139Total noninterest expense
  • $7,884Salaries and employee benefits
  • $1,257Premises and equipment expense
  • $5,998Additional noninterest expense
  • $2,905Pre-tax net operating income
  • $897Securities gains (losses)
  • $360Applicable income taxes
  • $3,442Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,442Net income attributable to bank
  • $0Net charge-offs
  • $3,442Cash dividends
  • $3,849Sale, conversion, retirement of capital stock, net
  • $575Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.90%Yield on earning assets
  • 1.29%Cost of funding earning assets
  • 3.61%Net interest margin
  • 0.54%Noninterest income to earning assets
  • 2.80%Noninterest expense to earning assets
  • 0.44%Net operating income to assets
  • 0.58%Return on assets (ROA)
  • 0.64%Pretax return on assets
  • 5.28%Return on equity (ROE)
  • 4.40%Retained earnings to average equity (YTD only)
  • 1.07%Net charge-offs to loans
  • 113.67%Credit loss provision to net charge-offs
  • 1.89%Efficiency ratio
  • 67,345Assets per employee
  • 4.02%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 16.71%Loss allowance to loans
  • 2.51%Loss allowance to noncurrent loans
  • 39.27%Noncurrent assets plus other real estate owned to assets
  • 4.20%Noncurrent loans to loans
  • 6.39%Net loans and leases to deposits
  • 68.90%Net loans and leases to core deposits
  • 77.57%Equity capital to assets
  • 11.51%Core capital (leverage) ratio
  • 9.54%Tier 1 risk-based capital ratio
  • 13.47%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $592,624Average earning assets
  • $65,143Average equity
  • $540,111Average loans

List of branches

  • 14 Ohio Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    08196The Union Bank Company100 South High Street, Columbus Grove, OH 45830November 21, 1904Full Service Brick and Mortar
    1228634Kalida Branch110 East North Street, Kalida, OH 45853November 21, 1904Full Service Brick and Mortar
    3228636Ottawa BranchState Route 65 And Us Route 224, Ottawa, OH 45875May 02, 1991Full Service Brick and Mortar
    4228637Lima Branch3211 Elida Road, Lima, OH 45805September 12, 1994Full Service Brick and Mortar
    5228638Lima East Branch1410 Bellefontaine Ave, Lima, OH 45804May 07, 1998Full Service Brick and Mortar
    742574Delphos Branch114 East Third Street, Delphos, OH 45833January 01, 1893Full Service Brick and Mortar
    87087Leipsic Branch318 South Belmore Street, Leipsic, OH 45856Febuary 29, 1924Full Service Brick and Mortar
    107090Pemberville Branch132 Front Street, Pemberville, OH 43450July 24, 1897Full Service Brick and Mortar
    11223981Gibsonburg Branch230 West Main Street, Gibsonburg, OH 43431November 12, 1987Full Service Brick and Mortar
    12223982Otterbein-Portage Valley Branch20311 Pemberville Road, Pemberville, OH 43450Febuary 14, 1996Limited Service Facility
    14458814Progressive Drive Limited Service101 Progressive Drive, Columbus Grove, OH 45830Febuary 12, 2007Limited Service Facility
    15467511Bowling Green Branch1300 North Main Street, Bowling Green, OH 43402August 20, 2007Full Service Brick and Mortar
    16486602Lima-Shawne Road Branch701 Shawne Road, Lima, OH 45805December 15, 2008Full Service Brick and Mortar
    17272431Findlay Branch1500 Bright Rd, Findlay, OH 45840October 08, 1992Full Service Brick and Mortar

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