Union Bank in Kansas City, Missouri (MO)
| Union Bank | |
|---|---|
| General | FDIC Certificate #: 19582 Status: Active Federal Reserve ID: 687858 Bank Holding Company (Regulatory Top Holder): First Olathe Bancshares, Inc. (RSSDID: 1063262, Location: Mission, KS) Date Established: November 09, 1965 WWW: http://www.unionbankmo.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 11 (Domestic: 11, Interstate: No) OTS Docket #: 12139 FDIC's unique #: 13382 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: May 06, 1966 Last Structure Change Effective Date: August 12, 2010 Last Structure Change Process Date: August 12, 2010 Last Data Update: August 12, 2010 Data Source Date: April 05, 2012 |
| Location | Address: 9300 Blue Ridge Boulevard Extension, Kansas City, MO 64138 County: Jackson Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Kansas City Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Kansas City, MO-KS (#3760) Combined Statistical Area (CSA): Kansas City-Overland Park-Kansas City, MO-KS (#312) Core Based Statistical Area (CBSA): Kansas City, MO-KS (#28140) CBSA Metro Statistical Area: Kansas City, MO-KS (#28140) |
| History of Changes | Change in Geographic Region/Area/Territory/Field Office |
| Financial Summary | Total assets: $458.7 mil Equity capital: $18.0 mil Deposits held in domestic offices: $414.7 mil Return on assets (ROA): -3.15% (-$14.5 mil) Quarterly return on assets: -0.14% (-$0.6 mil) Return on Equity (ROE): -56.76% (-$10.2 mil) Quarterly return on equity: -3.67% (-$0.7 mil) Net income: -$15.6 mil Quarterly Net income: -$0.2 mil Pretax return on assets: -3.17% (-$14,541.6 mil) Quarterly Pretax return on assets: -0.22% (-$1,009.2 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 102 |
| Total assets | $458,724 |
| Cash and due from depository institutions | $57,594 |
| Interest-bearing balances | $52,601 |
| Securities | $18,071 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $326,590 |
| Loan loss allowance | $18,548 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $11,656 |
| Other real estate owned | $37,598 |
| Goodwill and other intangibles | $0 |
| All other assets | $7,215 |
| Life insurance assets | $458,724 |
| Total liabilities and capital | $440,768 |
| Total liabilities | $414,738 |
| Total deposits | $346,295 |
| Interest-bearing deposits | $414,738 |
| Deposits held in domestic offices | $99 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $25,000 |
| Other borrowed funds | $0 |
| Subordinated debt | $1,030 |
| All other liabilities | $17,956 |
| Total equity capital | $17,956 |
| Total bank equity capital | $17,956 |
| Perpetual preferred stock | $0 |
| Common stock | $3,900 |
| Surplus | $45,259 |
| Undivided profits | $-31,203 |
| Memoranda | |
| Noncurrent loans and leases | $0 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $26,855 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $1,072 |
| Average Assets, year-to-date | $397,262 |
| Average Assets, quarterly | $119,882 |
| Volatile liabilities | $495,849 |
| Insider loans | $459,054 |
| FHLB advances | $381,401 |
| Loans and leases held for sale | $462,931 |
| Unused loan commitments | $2,376 |
| Tier 1 (core) risk-based capital | $2,376 |
| Tier 2 risk-based capital | $17,676 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $21,136 |
| Derivatives | $18,307 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $20,186 |
| Total interest expense | $4,640 |
| Net interest income | $15,546 |
| Provision for loan and lease losses | $15,928 |
| Total noninterest income | -$1,505 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $1,124 |
| Trading account gains & fees | $0 |
| Additional noninterest income | -$2,629 |
| Total noninterest expense | $13,819 |
| Salaries and employee benefits | $5,878 |
| Premises and equipment expense | $1,495 |
| Additional noninterest expense | $6,446 |
| Pre-tax net operating income | -$15,706 |
| Securities gains (losses) | $0 |
| Applicable income taxes | -$79 |
| Income before extraordinary items | -$15,627 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | -$15,627 |
| Net charge-offs | $0 |
| Cash dividends | -$15,627 |
| Sale, conversion, retirement of capital stock, net | $27,185 |
| Net operating income | $0 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 4.71% |
| Cost of funding earning assets | 1.08% |
| Net interest margin | 3.63% |
| Noninterest income to earning assets | -0.35% |
| Noninterest expense to earning assets | 3.22% |
| Net operating income to assets | -3.15% |
| Return on assets (ROA) | -3.15% |
| Pretax return on assets | -3.17% |
| Return on equity (ROE) | -56.76% |
| Retained earnings to average equity (YTD only) | -56.76% |
| Net charge-offs to loans | 6.89% |
| Credit loss provision to net charge-offs | 58.59% |
| Efficiency ratio | 0.01% |
| Assets per employee | $98,419 |
| Cash dividends to net income (YTD only) | 4.50% |
| Condition Ratios (%) | |
| Loss allowance to loans | 0.00% |
| Loss allowance to noncurrent loans | 5.37% |
| Noncurrent assets plus other real estate owned to assets | 69.07% |
| Noncurrent loans to loans | 14.05% |
| Net loans and leases to deposits | 7.78% |
| Net loans and leases to core deposits | 78.75% |
| Equity capital to assets | 80.16% |
| Core capital (leverage) ratio | 3.91% |
| Tier 1 risk-based capital ratio | 3.82% |
| Total risk-based capital ratio | 4.63% |
| Memoranda | |
| Average assets | $6 |
| Average earning assets | $495,849 |
| Average equity | $27,532 |
| Average loans | $428,512 |
| Total Fiduciary and Related Assets (December 31, 2001) (Dollar figures in thousands) | |
| Total fiduciary and related assets | $1 |
| Number of Fiduciary Accounts and Related Asset Accounts | 1 |
| Fiduciary powers granted | Yes |
| Fiduciary or related activity | Yes |
| Managed Assets | $369 |
| Number of Accounts | 1 |
| Personal trust and agency accounts | $0 |
| Employee benefit-defined contribution accounts | $0 |
| Employee benefit-defined benefit accounts | $0 |
| Other retirement accounts | $0 |
| Corporate trust and agency accounts | $0 |
| Investment management agency accounts | $0 |
| Other fiduciary accounts | $0 |
| Fiduciary accounts held in foreign offices | $0 |
| Non-managed Assets | $0 |
| Number of Accounts | 6 |
| Personal trust and agency accounts | $0 |
| Employee benefit-defined contribution accounts | $0 |
| Employee benefit-defined benefit accounts | $0 |
| Other retirement accounts | $369 |
| Corporate trust and agency accounts | $0 |
| Other fiduciary accounts | $0 |
| Fiduciary accounts held in foreign offices | $0 |
| 11 Missouri Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 13382 | Union Bank | 9300 Blue Ridge Boulevard Extension, Kansas City, MO 64138 | November 09, 1965 | Full Service Brick and Mortar |  |
| 1 | 248913 | 87th Street Branch | 7600 East 87th Street, Kansas City, MO 64138 | March 19, 1973 | Full Service Brick and Mortar |  |
| 3 | 248915 | Broadway Branch | 5600 North Broadway, Gladstone, MO 64118 | November 08, 1995 | Full Service Brick and Mortar | |
| 4 | 248916 | Independence Branch | 4340 Noland Road, Independence, MO 64050 | Febuary 06, 1998 | Full Service Brick and Mortar | |
| 5 | 357573 | Gregory Branch | 222 West Gregory, Kansas City, MO 64114 | August 01, 1999 | Full Service Brick and Mortar | |
| 7 | 189959 | Southeast Branch | 3121 Prospect Avenue, Kansas City, MO 64128 | May 10, 1973 | Full Service Brick and Mortar | |
| 8 | 12627 | 40 Highway Branch | 8959 East 40 Highway, Kansas City, MO 64105 | April 29, 1963 | Full Service Brick and Mortar | |
| 12 | 189961 | Kansas City Branch | 9221 North Oak Trafficway, Kansas City, MO 64155 | November 12, 1998 | Full Service Brick and Mortar | |
| 13 | 418701 | Research Medical Center Branch | 6420 Prospect Avenue, Kansas City, MO 64132 | March 14, 2002 | | |
| 14 | 439695 | Douglas Branch | 1150 Ne Douglas Street, Lees Summit, MO 64086 | March 22, 2005 | Full Service Brick and Mortar | |
| 15 | 453050 | Cheddington Branch | 3700 Sw Cheddington Dr, Lees Summit, MO 64082 | November 28, 2005 | Full Service Brick and Mortar | |
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