United Bank of Union in Union, Missouri (MO)
| United Bank of Union | |
|---|---|
| General | FDIC Certificate #: 14334 Status: Active Federal Reserve ID: 562058 Bank Holding Company (Regulatory Top Holder): Cardinal Bancorp Ii, Inc. (RSSDID: 1248368, Location: Washington, MO) Date Established: March 22, 1934 WWW: http://www.unitedbankofunion.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Domestic: 3, Interstate: No) FDIC's unique #: 8955 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: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: May 07, 1934 Last Structure Change Effective Date: June 30, 2007 Last Structure Change Process Date: August 30, 2007 Last Data Update: August 30, 2007 Data Source Date: April 05, 2012 |
| Location | Address: 15 East Main Street, Union, MO 63084 County: Franklin Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: St. Louis Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): St. Louis, MO-IL (#7040) Combined Statistical Area (CSA): St. Louis-St. Charles-Farmington, MO-IL (#476) Core Based Statistical Area (CBSA): St. Louis, MO-IL (#41180) CBSA Metro Statistical Area: St. Louis, MO-IL (#41180) |
| Financial Summary | Total assets: $272.6 mil Equity capital: $29.7 mil Deposits held in domestic offices: $234.1 mil Return on assets (ROA): 1.61% ($4.4 mil) Quarterly return on assets: 1.62% ($4.4 mil) Return on Equity (ROE): 15.47% ($4.6 mil) Quarterly return on equity: 14.99% ($4.5 mil) Net income: $4.4 mil Quarterly Net income: $1.1 mil Pretax return on assets: 1.61% ($4,388.8 mil) Quarterly Pretax return on assets: 1.62% ($4,416.1 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 67 |
| Total assets | $272,599 |
| Cash and due from depository institutions | $8,241 |
| Interest-bearing balances | $3,206 |
| Securities | $55,878 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $197,370 |
| Loan loss allowance | $4,341 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $3,712 |
| Other real estate owned | $748 |
| Goodwill and other intangibles | $924 |
| All other assets | $5,726 |
| Life insurance assets | $272,599 |
| Total liabilities and capital | $242,915 |
| Total liabilities | $234,067 |
| Total deposits | $207,665 |
| Interest-bearing deposits | $234,067 |
| Deposits held in domestic offices | $71 |
| % insured (estimated) | 1184.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $6,898 |
| Other borrowed funds | $0 |
| Subordinated debt | $766 |
| All other liabilities | $29,684 |
| Total equity capital | $29,684 |
| Total bank equity capital | $29,684 |
| Perpetual preferred stock | $0 |
| Common stock | $400 |
| Surplus | $5,800 |
| Undivided profits | $23,484 |
| Memoranda | |
| Noncurrent loans and leases | $0 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $447 |
| Income earned, not collected on loans | $2,838 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $1,235 |
| Average Assets, year-to-date | $256,454 |
| Average Assets, quarterly | $14,483 |
| Volatile liabilities | $274,913 |
| Insider loans | $273,811 |
| FHLB advances | $218,524 |
| Loans and leases held for sale | $272,638 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $29,502 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $21,689 |
| Derivatives | $16,719 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $13,499 |
| Total interest expense | $3,225 |
| Net interest income | $10,274 |
| Provision for loan and lease losses | $1,540 |
| Total noninterest income | $2,771 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $586 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $2,185 |
| Total noninterest expense | $7,078 |
| Salaries and employee benefits | $3,709 |
| Premises and equipment expense | $833 |
| Additional noninterest expense | $2,536 |
| Pre-tax net operating income | $4,427 |
| Securities gains (losses) | $0 |
| Applicable income taxes | $0 |
| Income before extraordinary items | $4,427 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $4,427 |
| Net charge-offs | $0 |
| Cash dividends | $4,427 |
| Sale, conversion, retirement of capital stock, net | $1,505 |
| Net operating income | $3,259 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 5.20% |
| Cost of funding earning assets | 1.24% |
| Net interest margin | 3.96% |
| Noninterest income to earning assets | 1.07% |
| Noninterest expense to earning assets | 2.73% |
| Net operating income to assets | 1.61% |
| Return on assets (ROA) | 1.61% |
| Pretax return on assets | 1.61% |
| Return on equity (ROE) | 15.47% |
| Retained earnings to average equity (YTD only) | 4.08% |
| Net charge-offs to loans | 0.75% |
| Credit loss provision to net charge-offs | 102.33% |
| Efficiency ratio | 3.96% |
| Assets per employee | $54,258 |
| Cash dividends to net income (YTD only) | 4.07% |
| Condition Ratios (%) | |
| Loss allowance to loans | 73.62% |
| Loss allowance to noncurrent loans | 2.15% |
| Noncurrent assets plus other real estate owned to assets | 152.96% |
| Noncurrent loans to loans | 1.32% |
| Net loans and leases to deposits | 1.41% |
| Net loans and leases to core deposits | 84.32% |
| Equity capital to assets | 89.51% |
| Core capital (leverage) ratio | 10.89% |
| Tier 1 risk-based capital ratio | 10.82% |
| Total risk-based capital ratio | 13.50% |
| Memoranda | |
| Average assets | $15 |
| Average earning assets | $274,913 |
| Average equity | $28,625 |
| Average loans | $259,370 |
| 3 Missouri Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 8955 | United Bank Of Union | 15 East Main Street, Union, MO 63084 | March 22, 1934 | Full Service Brick and Mortar |  |
| 1 | 231334 | Union Branch | 210 Highway 50 West, Union, MO 63084 | September 29, 1989 | Full Service Brick and Mortar |  |
| 2 | 364172 | Rebel Road Branch | 1440 Rebel Road, Union, MO 63084 | May 06, 2002 | Full Service Brick and Mortar | |
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