Union National Bank and Trust Company of Elgin in Elgin, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


Union National Bank and Trust Company of Elgin - Overview

  • General
  • FDIC Certificate #: 3661
    Status: Active
    Federal Reserve ID: 963730
    Bank Holding Company (Regulatory Top Holder): Elgin Bancshares, Inc. (RSSDID: 1205268, Location: Elgin, IL)
    Date Established: May 21, 1904
    WWW: http://www.unbelgin.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 2339
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    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: 101 East Chicago Street, Elgin, IL 60120
    County: Kane
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Chicago
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Chicago, IL (#1600)
    Consolidated Metropolitan Statistical Area (CMSA): Chicago-Gary-Kenosha, IL-IN-WI (#14)
    Combined Statistical Area (CSA): Chicago-Naperville-Michigan City, IL-IN-WI (#176)
    Core Based Statistical Area (CBSA): Chicago-Joliet-Naperville, IL-IN-WI (#16980)
    CBSA Metro Statistical Area: Chicago-Joliet-Naperville, IL-IN-WI (#16980)
    Core Based Statistical Division: Chicago-Joliet-Naperville, IL (#16974)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $403.5 mil
    Equity capital: $21.2 mil
    Deposits held in domestic offices: $381.0 mil
    Return on assets (ROA): -4.77% (-$19.3 mil)
    Quarterly return on assets: 0.89% ($3.6 mil)
    Return on Equity (ROE): -71.62% (-$15.0 mil)
    Quarterly return on equity: 17.70% ($3.7 mil)
    Net income: -$21.0 mil
    Quarterly Net income: $0.9 mil
    Pretax return on assets: -4.17% (-$16,828.0 mil)
    Quarterly Pretax return on assets: 0.89% ($3,591.6 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
  • 25Total employees (full-time equivalent)
  • $403,548Total assets
  • $59,005Cash and due from depository institutions
  • $50,928Interest-bearing balances
  • $7,168Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $313,856Net loans & leases
  • $12,341Loan loss allowance
  • $0Trading account assets
  • $613Bank premises and fixed assets
  • $20,598Other real estate owned
  • $0Goodwill and other intangibles
  • $403,548Life insurance assets
  • $2,308All other assets
  • $382,323Total liabilities and capital
  • $380,990Total liabilities
  • $317,652Total deposits
  • $380,990Interest-bearing deposits
  • $83Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,333Subordinated debt
  • $21,225All other liabilities
  • $21,225Total equity capital
  • $21,225Total bank equity capital
  • $0Perpetual preferred stock
  • $1,600Common stock
  • $17,600Surplus
  • $2,025Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $23,612Income earned, not collected on loans
  • $2,482Earning assets
  • $1,007Long-term assets (5+ years)
  • $371,952Average Assets, year-to-date
  • $36,584Average Assets, quarterly
  • $439,427Volatile liabilities
  • $413,100Insider loans
  • $325,766FHLB advances
  • $417,206Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $21,212Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $14,055Restructured Loans and leases
  • $709Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $17,817Total interest income
  • $5,890Total interest expense
  • $11,927Net interest income
  • $17,423Provision for loan and lease losses
  • -$3,940Total noninterest income
  • $0Fiduciary activities
  • $146Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$4,086Additional noninterest income
  • $8,899Total noninterest expense
  • $2,273Salaries and employee benefits
  • $342Premises and equipment expense
  • $6,284Additional noninterest expense
  • -$18,335Pre-tax net operating income
  • $0Securities gains (losses)
  • $2,637Applicable income taxes
  • -$20,972Income before extraordinary items
  • $0Extraordinary gains - net
  • -$20,972Net income attributable to bank
  • $0Net charge-offs
  • -$20,972Cash dividends
  • $11,528Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.38%Yield on earning assets
  • 1.45%Cost of funding earning assets
  • 2.93%Net interest margin
  • -0.97%Noninterest income to earning assets
  • 2.19%Noninterest expense to earning assets
  • -4.77%Net operating income to assets
  • -4.77%Return on assets (ROA)
  • -4.17%Pretax return on assets
  • -71.62%Return on equity (ROE)
  • -71.62%Retained earnings to average equity (YTD only)
  • 3.26%Net charge-offs to loans
  • 151.14%Credit loss provision to net charge-offs
  • -0.08%Efficiency ratio
  • 111,419Assets per employee
  • 16.14%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.78%Loss allowance to noncurrent loans
  • 52.27%Noncurrent assets plus other real estate owned to assets
  • 10.96%Noncurrent loans to loans
  • 7.24%Net loans and leases to deposits
  • 82.38%Net loans and leases to core deposits
  • 88.82%Equity capital to assets
  • 5.26%Core capital (leverage) ratio
  • 5.08%Tier 1 risk-based capital ratio
  • 6.51%Total risk-based capital ratio
  • Memoranda
  • $8Average assets
  • $439,427Average earning assets
  • $29,284Average equity
  • $406,925Average loans

Total Fiduciary and Related Assets (December 31, 2010)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $1Managed Assets
  • 1Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 63Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $1Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 2 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02339Union National Bank And Trust Compan101 East Chicago Street, Elgin, IL 60120May 21, 1904Full Service Brick and Mortar
    2201699Courier Service Branch101 East Chicago Street, Elgin, IL 60121Febuary 01, 1996Limited Service Messenger

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