Union Bank and Trust Company in Minneapolis, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Union Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 22242
    Status: Active
    Federal Reserve ID: 689759
    Date Established: March 15, 1976
    WWW: http://www.ubtmn.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 #: 15457
    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: Other Specialized Lending < 1 Billion
    Date of Deposit Insurance: March 15, 1976
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 312 Central Avenue, Minneapolis, MN 55414
    County: Hennepin
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Minneapolis
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Minneapolis-St. Paul, MN-WI (#5120)
    Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378)
    Core Based Statistical Area (CBSA): Minneapolis-St. Paul-Bloomington, MN-WI (#33460)
    CBSA Metro Statistical Area: Minneapolis-St. Paul-Bloomington, MN-WI (#33460)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $86.4 mil
    Equity capital: $10.0 mil
    Deposits held in domestic offices: $76.1 mil
    Return on assets (ROA): -0.09% (-$0.1 mil)
    Quarterly return on assets: -0.12% (-$0.1 mil)
    Return on Equity (ROE): -0.71% (-$0.1 mil)
    Quarterly return on equity: -0.95% (-$0.1 mil)
    Net income: -$0.1 mil
    Quarterly Net income: -$0.0 mil
    Pretax return on assets: -0.28% (-$241.9 mil)
    Quarterly Pretax return on assets: -0.20% (-$172.8 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
  • 27Total employees (full-time equivalent)
  • $86,386Total assets
  • $34,499Cash and due from depository institutions
  • $18,484Interest-bearing balances
  • $25,369Securities
  • $838Federal funds sold & reverse repurchase agreements
  • $22,818Net loans & leases
  • $424Loan loss allowance
  • $0Trading account assets
  • $380Bank premises and fixed assets
  • $1,138Other real estate owned
  • $0Goodwill and other intangibles
  • $86,386Life insurance assets
  • $1,344All other assets
  • $76,339Total liabilities and capital
  • $76,133Total liabilities
  • $33,661Total deposits
  • $76,133Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $206Subordinated debt
  • $10,047All other liabilities
  • $10,047Total equity capital
  • $10,047Total bank equity capital
  • $0Perpetual preferred stock
  • $1,133Common stock
  • $3,752Surplus
  • $5,162Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $285Income earned, not collected on loans
  • $0Earning assets
  • $313Long-term assets (5+ years)
  • $67,509Average Assets, year-to-date
  • $4,626Average Assets, quarterly
  • $79,533Volatile liabilities
  • $81,059Insider loans
  • $32,295FHLB advances
  • $86,334Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $9,750Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,277Restructured Loans and leases
  • $1,193Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,194Total interest income
  • $345Total interest expense
  • $1,849Net interest income
  • $449Provision for loan and lease losses
  • $2,470Total noninterest income
  • $2,197Fiduciary activities
  • $215Service charges on deposit accounts
  • $0Trading account gains & fees
  • $58Additional noninterest income
  • $4,097Total noninterest expense
  • $2,239Salaries and employee benefits
  • $438Premises and equipment expense
  • $1,420Additional noninterest expense
  • -$227Pre-tax net operating income
  • $6Securities gains (losses)
  • -$148Applicable income taxes
  • -$73Income before extraordinary items
  • $0Extraordinary gains - net
  • -$73Net income attributable to bank
  • $0Net charge-offs
  • -$73Cash dividends
  • $404Sale, conversion, retirement of capital stock, net
  • $183Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.08%Yield on earning assets
  • 0.48%Cost of funding earning assets
  • 2.60%Net interest margin
  • 3.47%Noninterest income to earning assets
  • 5.75%Noninterest expense to earning assets
  • -0.10%Net operating income to assets
  • -0.09%Return on assets (ROA)
  • -0.28%Pretax return on assets
  • -0.71%Return on equity (ROE)
  • -2.50%Retained earnings to average equity (YTD only)
  • 1.85%Net charge-offs to loans
  • 111.14%Credit loss provision to net charge-offs
  • 0.55%Efficiency ratio
  • 94,860Assets per employee
  • 3.20%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -250.68%Loss allowance to loans
  • 1.82%Loss allowance to noncurrent loans
  • 148.77%Noncurrent assets plus other real estate owned to assets
  • 1.65%Noncurrent loans to loans
  • 1.23%Net loans and leases to deposits
  • 29.97%Net loans and leases to core deposits
  • 30.81%Equity capital to assets
  • 11.63%Core capital (leverage) ratio
  • 11.29%Tier 1 risk-based capital ratio
  • 30.19%Total risk-based capital ratio
  • Memoranda
  • $31Average assets
  • $79,533Average earning assets
  • $10,230Average equity
  • $71,218Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $124,695Managed Assets
  • 1Number of Accounts
  • $4,573Personal trust and agency accounts
  • $430Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $1,729Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $2,414Non-managed Assets
  • 306Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $120,122Other retirement accounts
  • $61,516Corporate trust and agency accounts
  • $44,751Other fiduciary accounts
  • $13,855Fiduciary accounts held in foreign offices

List of branches

  • 1 Minnesota Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    015457Union Bank And Trust Company312 Central Avenue, Minneapolis, MN 55414March 15, 1976Full Service Brick and Mortar

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