FDIC Certificate #: 1693 Status: Active Federal Reserve ID: 423636 Date Established: January 01, 1918 WWW:http://www.ubjonline.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 1115 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: January 01, 1934 Last Structure Change Effective Date: December 31, 2009 Last Structure Change Process Date: January 15, 2010 Last Data Update: January 15, 2010 Data Source Date: April 05, 2012
Location
Address: 1075 Fifth Street, Jellico, TN 37762 County: Campbell Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Knoxville Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Southeast Combined Statistical Area (CSA): Knoxville-Sevierville-La Follette, TN (#314) Core Based Statistical Area (CBSA): La Follette, TN (#29220) CBSA Micro Statistical Area: Yes
History of Changes
Participated in Reorganization
Financial Summary
Total assets: $62.8 mil Equity capital: $8.1 mil Deposits held in domestic offices: $54.2 mil Return on assets (ROA): 1.83% ($1.2 mil) Quarterly return on assets: 1.74% ($1.1 mil) Return on Equity (ROE): 14.36% ($1.1 mil) Quarterly return on equity: 13.55% ($1.1 mil) Net income: $1.1 mil Quarterly Net income: $0.3 mil Pretax return on assets: 1.95% ($1,225.5 mil) Quarterly Pretax return on assets: 1.82% ($1,143.8 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
18Total employees (full-time equivalent)
$62,845Total assets
$4,249Cash and due from depository institutions
$0Interest-bearing balances
$13,584Securities
$0Federal funds sold & reverse repurchase agreements
$40,893Net loans & leases
$518Loan loss allowance
$0Trading account assets
$1,368Bank premises and fixed assets
$354Other real estate owned
$0Goodwill and other intangibles
$62,845Life insurance assets
$2,397All other assets
$54,742Total liabilities and capital
$54,155Total liabilities
$46,070Total deposits
$54,155Interest-bearing deposits
$91Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$587Subordinated debt
$8,103All other liabilities
$8,103Total equity capital
$8,103Total bank equity capital
$0Perpetual preferred stock
$57Common stock
$1,073Surplus
$6,973Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$119Income earned, not collected on loans
$0Earning assets
$270Long-term assets (5+ years)
$54,477Average Assets, year-to-date
$9,978Average Assets, quarterly
$61,308Volatile liabilities
$62,999Insider loans
$43,307FHLB advances
$63,482Loans and leases held for sale
$1,885Unused loan commitments
$1,885Tier 1 (core) risk-based capital
$7,656Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,250Restructured Loans and leases
$820Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,466Total interest income
$443Total interest expense
$3,023Net interest income
$266Provision for loan and lease losses
$559Total noninterest income
$0Fiduciary activities
$354Service charges on deposit accounts
$0Trading account gains & fees
$205Additional noninterest income
$2,120Total noninterest expense
$1,133Salaries and employee benefits
$289Premises and equipment expense
$698Additional noninterest expense
$1,196Pre-tax net operating income
$0Securities gains (losses)
$72Applicable income taxes
$1,124Income before extraordinary items
$0Extraordinary gains - net
$1,124Net income attributable to bank
$0Net charge-offs
$1,124Cash dividends
$220Sale, conversion, retirement of capital stock, net
$819Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.54%Yield on earning assets
0.84%Cost of funding earning assets
5.70%Net interest margin
1.05%Noninterest income to earning assets
4.00%Noninterest expense to earning assets
1.83%Net operating income to assets
1.83%Return on assets (ROA)
1.95%Pretax return on assets
14.36%Return on equity (ROE)
3.90%Retained earnings to average equity (YTD only)
0.55%Net charge-offs to loans
120.91%Credit loss provision to net charge-offs
6.65%Efficiency ratio
59,185Assets per employee
3.49%Cash dividends to net income (YTD only)
Condition Ratios (%)
72.86%Loss allowance to loans
1.25%Loss allowance to noncurrent loans
435.29%Noncurrent assets plus other real estate owned to assets
0.75%Noncurrent loans to loans
0.29%Net loans and leases to deposits
75.51%Net loans and leases to core deposits
85.85%Equity capital to assets
12.89%Core capital (leverage) ratio
12.06%Tier 1 risk-based capital ratio
17.68%Total risk-based capital ratio
Memoranda
$19Average assets
$61,308Average earning assets
$7,825Average equity
$53,008Average loans
List of branches
1 Tennessee Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
1115
Union Bank
1075 Fifth Street, Jellico, TN 37762
January 01, 1918
Full Service Brick and Mortar
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