Union Bank/West in Macomb, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 20, 2004

  • Union Bank/West in Macomb, Illinois (IL)
  • Show street view No street view available for this location

Union Bank/West - Overview

  • General
  • FDIC Certificate #: 12116
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Centrue Bank (#3744)
    Federal Reserve ID: 786041
    Date Established: January 01, 1909
    WWW: http://www.ubcd.com
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 6 (Interstate: No)
    OTS Docket #: 13253
    FDIC's unique #: 7698
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 20, 2004
    Last Structure Change Process Date: April 12, 2004
    Last Data Update: April 12, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 440 North Lafayette Street, Macomb, IL 61455
    County: Mcdonough
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Springfield Il
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Core Based Statistical Area (CBSA): Macomb, IL (#31380)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $159.9 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, 2003)

  • Dollar figures in thousands
  • 52Total employees (full-time equivalent)
  • $159,940Total assets
  • $2,939Cash and due from depository institutions
  • $5Interest-bearing balances
  • $62,875Securities
  • $5,725Federal funds sold & reverse repurchase agreements
  • $72,121Net loans & leases
  • $4,539Loan loss allowance
  • $0Trading account assets
  • $3,195Bank premises and fixed assets
  • $47Other real estate owned
  • $2,573Goodwill and other intangibles
  • $0Life insurance assets
  • $10,465All other assets
  • $159,940Total liabilities and capital
  • $144,850Total liabilities
  • $131,061Total deposits
  • $120,368Interest-bearing deposits
  • $131,061Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $12,800Other borrowed funds
  • $0Subordinated debt
  • $989All other liabilities
  • $15,090Total equity capital
  • $15,090Total bank equity capital
  • $15,090Perpetual preferred stock
  • $0Common stock
  • $180Surplus
  • $15,404Undivided profits
  • Memoranda
  • $-494Noncurrent loans and leases
  • $8,647Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $5,678Earning assets
  • $335Long-term assets (5+ years)
  • $907Average Assets, year-to-date
  • $140,726Average Assets, quarterly
  • $52,827Volatile liabilities
  • $166,695Insider loans
  • $162,692FHLB advances
  • $50,771Loans and leases held for sale
  • $4,078Unused loan commitments
  • $12,800Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $8,647Total unused commitments
  • $0Restructured Loans and leases
  • $1,314Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $8,086Total interest income
  • $3,298Total interest expense
  • $4,788Net interest income
  • $6,932Provision for loan and lease losses
  • $968Total noninterest income
  • $0Fiduciary activities
  • $601Service charges on deposit accounts
  • $0Trading account gains & fees
  • $367Additional noninterest income
  • $3,532Total noninterest expense
  • $1,694Salaries and employee benefits
  • $545Premises and equipment expense
  • $1,293Additional noninterest expense
  • -$4,708Pre-tax net operating income
  • $67Securities gains (losses)
  • -$1,928Applicable income taxes
  • -$2,713Income before extraordinary items
  • $0Extraordinary gains - net
  • -$2,713Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $3,653Sale, conversion, retirement of capital stock, net
  • $630Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.48%Yield on earning assets
  • 2.23%Cost of funding earning assets
  • 3.24%Net interest margin
  • 0.66%Noninterest income to earning assets
  • 2.39%Noninterest expense to earning assets
  • -1.65%Net operating income to assets
  • -1.63%Return on assets (ROA)
  • -2.78%Pretax return on assets
  • -15.69%Return on equity (ROE)
  • -19.33%Retained earnings to average equity (YTD only)
  • 3.84%Net charge-offs to loans
  • 189.76%Credit loss provision to net charge-offs
  • 0.61%Efficiency ratio
  • 59,764Assets per employee
  • 3.08%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -23.22%Loss allowance to loans
  • 5.92%Loss allowance to noncurrent loans
  • 79.94%Noncurrent assets plus other real estate owned to assets
  • 3.58%Noncurrent loans to loans
  • 7.41%Net loans and leases to deposits
  • 55.03%Net loans and leases to core deposits
  • 85.06%Equity capital to assets
  • 9.43%Core capital (leverage) ratio
  • 7.57%Tier 1 risk-based capital ratio
  • 11.81%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $166,695Average earning assets
  • $17,296Average equity
  • $147,604Average loans

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