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Balance Sheet

Financial Highlights
2019 FQ3 YTD
9/30/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
Assets ($000)
Cash and Due from Banks 5,126 4,045 3,857 4,272 4,217
Fed Funds Sold 24,774 33,244 34,651 35,003 13,744
Deposits at Financial Institutions 7,062 9,300 9,352 9,504 12,753
Securities Purchased, to Resell 0 0 0 0 0
Other Cash & Cash Equivalents 0 0 0 0 0
Cash and Cash Equivalents 36,962 46,589 47,860 48,779 30,714
Trading Account Securities 0 0 0 0 0
Available for Sale Securities 85,274 73,405 65,439 65,556 54,110
Held to Maturity Securities 0 0 1,000 999 5,217
Other Securities 3,219 2,932 2,331 2,354 1,932
Total Cash & Securities 125,455 122,926 116,630 117,688 91,973
Gross Loans Held for Investment 658,904 643,399 587,410 533,939 501,021
Loan Loss Reserve 5,808 5,739 5,408 5,247 5,201
Loans Held for Sale, before Reserves 13,561 2,899 7,947 7,803 5,635
Total Net Loans 666,657 640,559 589,949 536,495 501,455
Real Estate Owned and Held for Investment 4,613 4,046 3,202 2,783 2,373
Goodwill 2,223 2,223 2,223 2,223 2,223
Core Deposit Intangibles 284 412 583 754 925
Other Intangibles 0 0 0 0 0
Intangible Assets other than Goodwill 284 412 583 754 925
Total Intangible Assets 2,507 2,635 2,806 2,977 3,148
Loan Servicing Rights 1,607 1,660 1,680 1,627 1,526
Credit Card Rights 0 0 NA NA NA
Other Loan Servicing Rights 0 0 NA NA NA
Total Servicing Rights 1,607 1,660 1,683 1,629 1,527
Fixed Assets 22,943 16,073 14,255 13,525 13,055
Interest Receivable 2,702 2,812 2,500 2,259 1,832
Prepaid Expense 3,359 3,097 2,668 2,435 1,478
Bank-owned Life Insurance 12,240 9,040 8,861 8,617 8,800
Other Assets 2,805 2,489 3,277 2,973 3,238
Total Other Assets 44,049 33,511 31,561 29,809 28,403
Total Assets 844,888 805,337 745,831 691,381 628,879
Memo: Consolidated VIE Assets 0 0 0 0 0
Memo: Covered Loans 0 0 0 0 0
Memo: Covered OREO 0 0 0 0 0
Memo: Covered Securities 0 0 0 0 0
Memo: Covered Assets 0 0 0 0 0
Liabilities ($000)
Total Deposits 716,729 706,770 647,574 597,660 560,408
FHLB Borrowings 47,164 27,451 30,216 30,496 7,942
Senior Debt 49,087 27,821 31,581 31,595 9,564
Trust Preferred (FAS 150) 0 0 0 0 0
Total Subordinated Debt 0 0 0 0 0
Redeemable Financial Instruments (FAS 150) 0 0 0 0 0
Total Debt 49,087 27,821 31,581 31,595 9,564
Total Other Liabilities 8,459 6,255 8,015 5,847 5,339
Total Liabilities 774,275 740,846 687,170 635,102 575,311
Memo: Consolidated VIE Liabilities 0 0 0 0 0
Mezzanine ($000)
Redeemable Preferred 0 0 0 0 0
Trust Preferred Securities 0 0 0 0 0
Total Minority Interest 0 0 0 0 0
Other Mezzanine Items 0 0 0 0 0
Total Mezzanine Level Items 0 0 0 0 0
Equity ($000)
TARP Preferred Equity 0 0 0 0 0
Other Preferred Equity 0 0 0 0 0
Total Preferred Equity 0 0 0 0 0
Common Equity 70,613 64,491 58,661 56,279 53,568
Equity Attributable to Parent Company 70,613 64,491 58,661 56,279 53,568
Noncontrolling Interests 0 0 0 0 0
Total Equity 70,613 64,491 58,661 56,279 53,568
Net Unrealized Gain 1,163 (1,023) (301) (664) (27)
Tot Acc Other Comprehensive Inc 1,163 (1,023) (5,096) (3,279) (2,302)
Balance Sheet Analysis (%)
Gross Loans HFI/ Total Assets 77.99 79.89 78.76 77.23 79.67
Loans/ Deposits 91.93 91.03 90.71 89.34 89.40
Loan Loss Reserves/ Gross Loans 0.86 0.89 0.91 0.97 1.03
Reserves/ Loans Held For Investment 0.88 0.89 0.92 0.98 1.04
One Year Gap/ Assets NA 4.05 8.19 10.86 15.22
1-4 Loans Serviced for Others($000) 539,749 519,465 483,833 435,574 390,078
Level 1 Assets($000) 612 556 521 403 345
Level 2 Assets($000) 85,274 73,405 64,918 65,153 53,765
Level 3 Assets($000) 0 0 0 0 0
Level 1 Liabilities($000) 0 0 0 0 0
Level 2 Liabilities($000) 0 0 0 0 0
Level 3 Liabilities($000) 0 0 0 0 0
FTE Employees(actual) 205 195 194 191 188
Annualized Growth Rates (%)
Asset Growth 6.55 7.98 7.88 9.94 0.77
Gross Loans HFI Growth 3.21 9.53 10.01 6.57 4.31
Deposit Growth 1.88 9.14 8.35 6.65 1.51
Average Balances ($000)
Avg Gross Loans HFI 636,132 605,228 553,851 514,168 488,914
Avg Loans HFS 7,620 5,311 5,451 7,602 7,302
Average Loans, Gross of Reserves 657,793 621,313 565,387 526,659 503,592
Avg Securities 82,488 74,513 69,348 63,326 60,298
Avg Other Int Earn Assets 20,253 22,079 26,342 27,769 24,279
Avg Secs & Other Int Earn Assets 102,741 96,592 95,690 91,095 84,577
Avg Interest Earning Assets 760,534 717,905 661,077 617,754 588,169
Avg Assets 805,660 754,407 695,729 653,079 621,439
Avg CDs 143,439 116,717 103,019 126,248 141,581
Avg Other Interest-bearing Deposits 421,574 405,270 381,022 333,033 306,023
Avg Interest-bearing Deposits 565,013 521,987 484,041 459,281 447,604
Avg Debt 39,636 42,582 35,190 27,616 19,830
Avg Interest-bearing Liabs 604,649 564,569 519,231 486,897 467,434
Avg Noninterest-bearing Deposits 127,077 121,902 112,914 105,596 96,994
Avg Total Deposits 692,090 643,889 596,955 564,877 544,598
Avg Preferred Equity 0 0 0 0 0
Avg Common Equity 67,239 59,950 58,138 55,825 53,246
Avg Equity 67,239 59,950 58,138 55,825 53,246
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.