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


Union Bank - Overview

  • General
  • FDIC Certificate #: 6088
    Status: Active
    Federal Reserve ID: 235231
    Bank Holding Company (Regulatory Top Holder): Jamestown Union Bancshares, Inc. (RSSDID: 1129542, Location: Jamestown, TN)
    Date Established: January 01, 1904
    WWW: http://www.myunionbankonline.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 11182
    FDIC's unique #: 4111
    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: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: December 07, 2010
    Last Structure Change Process Date: December 07, 2010
    Last Data Update: December 07, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 311 North Main Street, Jamestown, TN 38556
    County: Fentress
    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
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $192.7 mil
    Equity capital: $21.1 mil
    Deposits held in domestic offices: $170.0 mil
    Return on assets (ROA): 0.69% ($1.3 mil)
    Quarterly return on assets: 0.74% ($1.4 mil)
    Return on Equity (ROE): 6.32% ($1.3 mil)
    Quarterly return on equity: 6.69% ($1.4 mil)
    Net income: $1.3 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 0.85% ($1,638.1 mil)
    Quarterly Pretax return on assets: 0.87% ($1,676.6 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
  • 48Total employees (full-time equivalent)
  • $192,712Total assets
  • $16,265Cash and due from depository institutions
  • $205Interest-bearing balances
  • $32,328Securities
  • $2,945Federal funds sold & reverse repurchase agreements
  • $120,714Net loans & leases
  • $1,338Loan loss allowance
  • $0Trading account assets
  • $9,637Bank premises and fixed assets
  • $2,402Other real estate owned
  • $0Goodwill and other intangibles
  • $192,712Life insurance assets
  • $8,421All other assets
  • $171,588Total liabilities and capital
  • $169,965Total liabilities
  • $144,807Total deposits
  • $169,965Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,623Subordinated debt
  • $21,124All other liabilities
  • $21,124Total equity capital
  • $21,124Total bank equity capital
  • $0Perpetual preferred stock
  • $1,000Common stock
  • $1,000Surplus
  • $19,124Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,059Income earned, not collected on loans
  • $0Earning assets
  • $1,967Long-term assets (5+ years)
  • $156,192Average Assets, year-to-date
  • $28,936Average Assets, quarterly
  • $188,929Volatile liabilities
  • $191,452Insider loans
  • $133,220FHLB advances
  • $192,991Loans and leases held for sale
  • $5,119Unused loan commitments
  • $1,885Tier 1 (core) risk-based capital
  • $20,732Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,234Total unused commitments
  • $10,404Restructured Loans and leases
  • $1,763Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,836Total interest income
  • $2,216Total interest expense
  • $6,620Net interest income
  • $1,165Provision for loan and lease losses
  • $688Total noninterest income
  • $0Fiduciary activities
  • $336Service charges on deposit accounts
  • $0Trading account gains & fees
  • $352Additional noninterest income
  • $5,098Total noninterest expense
  • $2,495Salaries and employee benefits
  • $946Premises and equipment expense
  • $1,657Additional noninterest expense
  • $1,045Pre-tax net operating income
  • $558Securities gains (losses)
  • $300Applicable income taxes
  • $1,303Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,303Net income attributable to bank
  • $0Net charge-offs
  • $1,303Cash dividends
  • $924Sale, conversion, retirement of capital stock, net
  • $425Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.72%Yield on earning assets
  • 1.43%Cost of funding earning assets
  • 4.29%Net interest margin
  • 0.45%Noninterest income to earning assets
  • 3.30%Noninterest expense to earning assets
  • 0.45%Net operating income to assets
  • 0.69%Return on assets (ROA)
  • 0.85%Pretax return on assets
  • 6.32%Return on equity (ROE)
  • 4.26%Retained earnings to average equity (YTD only)
  • 0.79%Net charge-offs to loans
  • 126.08%Credit loss provision to net charge-offs
  • 2.39%Efficiency ratio
  • 69,759Assets per employee
  • 4.01%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 32.62%Loss allowance to loans
  • 1.10%Loss allowance to noncurrent loans
  • 26.45%Noncurrent assets plus other real estate owned to assets
  • 3.87%Noncurrent loans to loans
  • 4.14%Net loans and leases to deposits
  • 71.02%Net loans and leases to core deposits
  • 80.67%Equity capital to assets
  • 10.96%Core capital (leverage) ratio
  • 10.74%Tier 1 risk-based capital ratio
  • 15.56%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $188,929Average earning assets
  • $20,621Average equity
  • $154,464Average loans

List of branches

  • 3 Tennessee Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    04111Union Bank311 North Main Street, Jamestown, TN 38556January 01, 1904Full Service Brick and Mortar
    1208703Clarkrange Branch6850 South York Highway, Clarkrange, TN 38553January 27, 1997Full Service Brick and Mortar
    2506262Union Bank8500 Highway 111, Suite 200, Byrdstown, TN 38549March 22, 2010Full Service Brick and Mortar

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