Union Bank and Trust Company in Minneapolis, Minnesota (MN)

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Union Bank and Trust Company routing number info

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Union Bank and Trust Company
GeneralFDIC 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
LocationAddress: 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 ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal 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)
Total employees (full-time equivalent)27
Total assets$86,386
Cash and due from depository institutions$34,499
Interest-bearing balances$18,484
Federal funds sold & reverse repurchase agreements$838
Net loans & leases$22,818
Loan loss allowance $424
Trading account assets$0
Bank premises and fixed assets$380
Other real estate owned$1,138
Goodwill and other intangibles$0
All other assets$1,344
Life insurance assets$86,386
Total liabilities and capital$76,339
Total liabilities$76,133
Total deposits$33,661
Interest-bearing deposits$76,133
Deposits held in domestic offices$92
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $206
All other liabilities $10,047
Total equity capital$10,047
Total bank equity capital$10,047
Perpetual preferred stock$0
Common stock$1,133
Undivided profits $5,162
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 $285
Earning assets $0
Long-term assets (5+ years) $313
Average Assets, year-to-date $67,509
Average Assets, quarterly $4,626
Volatile liabilities $79,533
Insider loans $81,059
FHLB advances $32,295
Loans and leases held for sale $86,334
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $9,750
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $3,277
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $2,194
Total interest expense $345
Net interest income $1,849
Provision for loan and lease losses $449
Total noninterest income $2,470
Fiduciary activities $2,197
Service charges on deposit accounts $215
Trading account gains & fees $0
Additional noninterest income $58
Total noninterest expense $4,097
Salaries and employee benefits $2,239
Premises and equipment expense $438
Additional noninterest expense $1,420
Pre-tax net operating income -$227
Securities gains (losses) $6
Applicable income taxes -$148
Income before extraordinary items -$73
Extraordinary gains - net $0
Net income attributable to bank -$73
Net charge-offs $0
Cash dividends -$73
Sale, conversion, retirement of capital stock, net $404
Net operating income $183
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets3.08%
Cost of funding earning assets 0.48%
Net interest margin 2.60%
Noninterest income to earning assets 3.47%
Noninterest expense to earning assets 5.75%
Net operating income to assets -0.10%
Return on assets (ROA) -0.09%
Pretax return on assets -0.28%
Return on equity (ROE) -0.71%
Retained earnings to average equity (YTD only) -2.50%
Net charge-offs to loans 1.85%
Credit loss provision to net charge-offs 111.14%
Efficiency ratio0.55%
Assets per employee$94,860
Cash dividends to net income (YTD only)3.20%
Condition Ratios (%)
Loss allowance to loans -250.68%
Loss allowance to noncurrent loans 1.82%
Noncurrent assets plus other real estate owned to assets 148.77%
Noncurrent loans to loans 1.65%
Net loans and leases to deposits1.23%
Net loans and leases to core deposits 29.97%
Equity capital to assets 30.81%
Core capital (leverage) ratio 11.63%
Tier 1 risk-based capital ratio 11.29%
Total risk-based capital ratio 30.19%
Average assets$31
Average earning assets$79,533
Average equity $10,230
Average loans $71,218
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$124,695
Number of Accounts1
Personal trust and agency accounts$4,573
Employee benefit-defined contribution accounts$430
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Investment management agency accounts$0
Other fiduciary accounts$1,729
Fiduciary accounts held in foreign offices$0
Non-managed Assets$2,414
Number of Accounts306
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$120,122
Corporate trust and agency accounts$61,516
Other fiduciary accounts$44,751
Fiduciary accounts held in foreign offices$13,855
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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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