FDIC Certificate #: 32329 Status: Active Federal Reserve ID: 219576 Date Established: May 31, 1985 WWW:http://www.usbnm.com Trust Powers Granted: No Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 8150 FDIC's unique #: 45163 Numeric code: 35 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: 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: Commercial Lending Specialization Date of Deposit Insurance: May 31, 1985 Last Structure Change Effective Date: July 21, 2011 Last Structure Change Process Date: July 21, 2011 Last Data Update: July 21, 2011 Data Source Date: April 05, 2012
Location
Address: 1500 Mercantile Ave, Ne, Albuquerque, NM 87107 County: Bernalillo Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Albuquerque Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Albuquerque, NM (#200) Core Based Statistical Area (CBSA): Albuquerque, NM (#10740) CBSA Metro Statistical Area: Albuquerque, NM (#10740)
History of Changes
Change in Primary Regulatory Agency
Financial Summary
Total assets: $66.6 mil Equity capital: $7.8 mil Deposits held in domestic offices: $57.0 mil Return on assets (ROA): 0.73% ($0.5 mil) Quarterly return on assets: 0.81% ($0.5 mil) Return on Equity (ROE): 6.86% ($0.5 mil) Quarterly return on equity: 7.42% ($0.6 mil) Net income: $0.5 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.22% ($812.1 mil) Quarterly Pretax return on assets: 1.36% ($905.3 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
13Total employees (full-time equivalent)
$66,568Total assets
$8,269Cash and due from depository institutions
$8,051Interest-bearing balances
$20,528Securities
$0Federal funds sold & reverse repurchase agreements
$34,431Net loans & leases
$687Loan loss allowance
$0Trading account assets
$751Bank premises and fixed assets
$1,347Other real estate owned
$0Goodwill and other intangibles
$66,568Life insurance assets
$1,242All other assets
$58,743Total liabilities and capital
$57,012Total liabilities
$48,194Total deposits
$57,012Interest-bearing deposits
$83Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$892Trading liabilities
$0Other borrowed funds
$839Subordinated debt
$7,825All other liabilities
$7,825Total equity capital
$7,825Total bank equity capital
$0Perpetual preferred stock
$207Common stock
$3,773Surplus
$3,845Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$78Income earned, not collected on loans
$0Earning assets
$207Long-term assets (5+ years)
$63,010Average Assets, year-to-date
$23,260Average Assets, quarterly
$70,115Volatile liabilities
$70,833Insider loans
$38,088FHLB advances
$69,395Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$7,384Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,223Restructured Loans and leases
$25Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,133Total interest income
$642Total interest expense
$2,491Net interest income
-$75Provision for loan and lease losses
$158Total noninterest income
$0Fiduciary activities
$49Service charges on deposit accounts
$0Trading account gains & fees
$109Additional noninterest income
$1,868Total noninterest expense
$894Salaries and employee benefits
$185Premises and equipment expense
$789Additional noninterest expense
$856Pre-tax net operating income
$0Securities gains (losses)
$343Applicable income taxes
$513Income before extraordinary items
$0Extraordinary gains - net
$513Net income attributable to bank
$0Net charge-offs
$513Cash dividends
$125Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.72%Yield on earning assets
0.97%Cost of funding earning assets
3.76%Net interest margin
0.24%Noninterest income to earning assets
2.82%Noninterest expense to earning assets
0.73%Net operating income to assets
0.73%Return on assets (ROA)
1.22%Pretax return on assets
6.86%Return on equity (ROE)
6.86%Retained earnings to average equity (YTD only)
0.33%Net charge-offs to loans
-60.00%Credit loss provision to net charge-offs
6.25%Efficiency ratio
70,517Assets per employee
5.12%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.96%Loss allowance to noncurrent loans
880.77%Noncurrent assets plus other real estate owned to assets
2.14%Noncurrent loans to loans
0.22%Net loans and leases to deposits
60.39%Net loans and leases to core deposits
103.36%Equity capital to assets
11.75%Core capital (leverage) ratio
10.64%Tier 1 risk-based capital ratio
19.39%Total risk-based capital ratio
Memoranda
$21Average assets
$70,115Average earning assets
$7,473Average equity
$66,313Average loans
List of branches
1 New Mexico Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
45163
Union Savings Bank
1500 Mercantile Ave, Ne, Albuquerque, NM 87107
May 31, 1985
Full Service Brick and Mortar
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Union Savings Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: