The Union Bank of Benton in Benton, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 12, 2009

  • The Union Bank of Benton in Benton, Arkansas (AR)
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The Union Bank of Benton - Overview

  • General
  • FDIC Certificate #: 17322
    Status: Inactive
    Closing history: Absorption - Without Assistance
    Acquiring institution: First Security Bank (#5633)
    Federal Reserve ID: 313241
    Date Established: January 11, 1954
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Interstate: No)
    OTS Docket #: 12577
    FDIC's unique #: 11334
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: May 15, 1954
    Last Structure Change Effective Date: June 12, 2009
    Last Structure Change Process Date: June 12, 2009
    Last Data Update: June 12, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 207 West Conway Street, Benton, AR 72015
    County: Saline
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Little Rock
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Little Rock-North Little Rock, AR (#4400)
    Combined Statistical Area (CSA): Little Rock-North Little Rock-Pine Bluff, AR (#340)
    Core Based Statistical Area (CBSA): Little Rock-North Little Rock-Conway, AR (#30780)
    CBSA Metro Statistical Area: Little Rock-North Little Rock-Conway, AR (#30780)
  • Financial Summary
  • Total assets: $226.3 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, 2008)

  • Dollar figures in thousands
  • 62Total employees (full-time equivalent)
  • $229,233Total assets
  • $8,693Cash and due from depository institutions
  • $5,171Interest-bearing balances
  • $85,554Securities
  • $30,430Federal funds sold & reverse repurchase agreements
  • $85,530Net loans & leases
  • $532Loan loss allowance
  • $0Trading account assets
  • $7,673Bank premises and fixed assets
  • $0Other real estate owned
  • $8,565Goodwill and other intangibles
  • $0Life insurance assets
  • $2,788All other assets
  • $229,233Total liabilities and capital
  • $200,963Total liabilities
  • $178,136Total deposits
  • $150,326Interest-bearing deposits
  • $178,136Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $17,666Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $4,463Other borrowed funds
  • $0Subordinated debt
  • $698All other liabilities
  • $28,270Total equity capital
  • $28,270Total bank equity capital
  • $28,270Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $15,817Undivided profits
  • Memoranda
  • $12,452Noncurrent loans and leases
  • $24,441Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $651Earning assets
  • $0Long-term assets (5+ years)
  • $1,765Average Assets, year-to-date
  • $206,685Average Assets, quarterly
  • $59,367Volatile liabilities
  • $234,372Insider loans
  • $233,379FHLB advances
  • $48,343Loans and leases held for sale
  • $2,875Unused loan commitments
  • $4,463Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $24,441Total unused commitments
  • $0Restructured Loans and leases
  • $532Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $4,542Total interest income
  • $1,573Total interest expense
  • $2,969Net interest income
  • $0Provision for loan and lease losses
  • $505Total noninterest income
  • $0Fiduciary activities
  • $344Service charges on deposit accounts
  • $0Trading account gains & fees
  • $161Additional noninterest income
  • $2,976Total noninterest expense
  • $1,536Salaries and employee benefits
  • $504Premises and equipment expense
  • $936Additional noninterest expense
  • $498Pre-tax net operating income
  • $20Securities gains (losses)
  • $65Applicable income taxes
  • $453Income before extraordinary items
  • $0Extraordinary gains - net
  • $453Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$77Sale, conversion, retirement of capital stock, net
  • $3,100Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 2.10%Yield on earning assets
  • 0.73%Cost of funding earning assets
  • 1.37%Net interest margin
  • 0.23%Noninterest income to earning assets
  • 1.38%Noninterest expense to earning assets
  • 0.19%Net operating income to assets
  • 0.19%Return on assets (ROA)
  • 0.22%Pretax return on assets
  • 2.09%Return on equity (ROE)
  • -12.22%Retained earnings to average equity (YTD only)
  • -0.09%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 75,475Assets per employee
  • 3.70%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 684.33%Loss allowance to loans
  • 0.62%Loss allowance to noncurrent loans
  • 81.72%Noncurrent assets plus other real estate owned to assets
  • 0.28%Noncurrent loans to loans
  • 0.76%Net loans and leases to deposits
  • 48.01%Net loans and leases to core deposits
  • 58.00%Equity capital to assets
  • 12.33%Core capital (leverage) ratio
  • 8.75%Tier 1 risk-based capital ratio
  • 16.82%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $234,372Average earning assets
  • $21,662Average equity
  • $216,152Average loans

Total Fiduciary and Related Assets (December 31, 2008)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $808Managed Assets
  • 1Number of Accounts
  • $474Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $474Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 19Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $334Other retirement accounts
  • $334Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

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