Union Bank in Jellico, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches


Union Bank - Overview

  • General
  • 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
  • NoIDNameAddressEstablishedService TypeMap
    01115Union Bank1075 Fifth Street, Jellico, TN 37762January 01, 1918Full Service Brick and Mortar

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