The Union Banking Company in West Mansfield, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

The Union Banking Company - Overview

  • General
  • FDIC Certificate #: 15326
    Status: Active
    Federal Reserve ID: 289225
    Bank Holding Company (Regulatory Top Holder): Union Bancorp, Inc. (RSSDID: 1071614, Location: West Mansfield, OH)
    Date Established: January 01, 1928
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 15707
    FDIC's unique #: 9662
    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: Other Specialized Lending < 1 Billion
    Date of Deposit Insurance: December 23, 1935
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 105 East Center Street, West Mansfield, OH 43358
    County: Logan
    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
    Core Based Statistical Area (CBSA): Bellefontaine, OH (#13340)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $56.2 mil
    Equity capital: $7.9 mil
    Deposits held in domestic offices: $36.4 mil
    Return on assets (ROA): 1.64% ($0.9 mil)
    Quarterly return on assets: 1.16% ($0.6 mil)
    Return on Equity (ROE): 12.42% ($1.0 mil)
    Quarterly return on equity: 8.14% ($0.7 mil)
    Net income: $0.9 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.64% ($920.9 mil)
    Quarterly Pretax return on assets: 1.16% ($651.4 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
  • 11Total employees (full-time equivalent)
  • $56,155Total assets
  • $1,218Cash and due from depository institutions
  • $312Interest-bearing balances
  • $42,667Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $8,302Net loans & leases
  • $102Loan loss allowance
  • $0Trading account assets
  • $138Bank premises and fixed assets
  • $64Other real estate owned
  • $0Goodwill and other intangibles
  • $56,154Life insurance assets
  • $3,766All other assets
  • $48,256Total liabilities and capital
  • $36,392Total liabilities
  • $32,686Total deposits
  • $36,392Interest-bearing deposits
  • $77Deposits held in domestic offices
  • 209.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $11,500Trading liabilities
  • $0Other borrowed funds
  • $155Subordinated debt
  • $7,898All other liabilities
  • $7,898Total equity capital
  • $7,898Total bank equity capital
  • $0Perpetual preferred stock
  • $350Common stock
  • $485Surplus
  • $7,063Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $146Income earned, not collected on loans
  • $0Earning assets
  • $225Long-term assets (5+ years)
  • $51,281Average Assets, year-to-date
  • $45,261Average Assets, quarterly
  • $57,663Volatile liabilities
  • $56,758Insider loans
  • $23,000FHLB advances
  • $54,822Loans and leases held for sale
  • $1,101Unused loan commitments
  • $1,101Tier 1 (core) risk-based capital
  • $5,816Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $550Restructured Loans and leases
  • $45Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,557Total interest income
  • $854Total interest expense
  • $1,703Net interest income
  • $60Provision for loan and lease losses
  • $100Total noninterest income
  • $0Fiduciary activities
  • $58Service charges on deposit accounts
  • $0Trading account gains & fees
  • $42Additional noninterest income
  • $797Total noninterest expense
  • $462Salaries and employee benefits
  • $115Premises and equipment expense
  • $220Additional noninterest expense
  • $946Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $946Income before extraordinary items
  • $0Extraordinary gains - net
  • $946Net income attributable to bank
  • $0Net charge-offs
  • $946Cash dividends
  • $67Sale, conversion, retirement of capital stock, net
  • $780Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.85%Yield on earning assets
  • 1.62%Cost of funding earning assets
  • 3.23%Net interest margin
  • 0.19%Noninterest income to earning assets
  • 1.51%Noninterest expense to earning assets
  • 1.64%Net operating income to assets
  • 1.64%Return on assets (ROA)
  • 1.64%Pretax return on assets
  • 12.42%Return on equity (ROE)
  • 2.18%Retained earnings to average equity (YTD only)
  • 0.74%Net charge-offs to loans
  • 89.55%Credit loss provision to net charge-offs
  • 15.01%Efficiency ratio
  • 44,204Assets per employee
  • 5.11%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 82.45%Loss allowance to loans
  • 1.21%Loss allowance to noncurrent loans
  • 69.86%Noncurrent assets plus other real estate owned to assets
  • 0.37%Noncurrent loans to loans
  • 1.74%Net loans and leases to deposits
  • 22.81%Net loans and leases to core deposits
  • 31.81%Equity capital to assets
  • 14.06%Core capital (leverage) ratio
  • 10.61%Tier 1 risk-based capital ratio
  • 25.29%Total risk-based capital ratio
  • Memoranda
  • $26Average assets
  • $57,663Average earning assets
  • $7,619Average equity
  • $52,675Average loans

List of branches

  • 2 Ohio Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09662The Union Banking Company105 East Center Street, West Mansfield, OH 43358January 01, 1928Full Service Brick and Mortar
    25721Belle Center Branch107 West Main Street, Belle Center, OH 43310January 01, 1886Full Service Brick and Mortar

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