Union Bank

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Balance Sheet
Financial Highlights
2020 FQ2 YTD
6/30/2020
2019 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
Assets ($000)
Cash and Due from Banks 6,049 5,405 4,045 3,857 4,272
Fed Funds Sold 30,579 45,729 33,244 34,651 35,003
Deposits at Financial Institutions 9,802 6,565 9,300 9,352 9,504
Securities Purchased, to Resell 0 0 0 0 0
Other Cash & Cash Equivalents 0 0 0 0 0
Cash and Cash Equivalents 46,430 57,699 46,589 47,860 48,779
Trading Account Securities 0 0 0 0 0
Available for Sale Securities NA 87,393 73,405 65,439 65,556
Held to Maturity Securities 0 0 0 1,000 999
Other Securities NA 3,297 2,932 2,331 2,354
Total Cash & Securities NA 148,389 122,926 116,630 117,688
Gross Loans Held for Investment 691,837 671,287 643,399 587,410 533,939
Loan Loss Reserve 6,888 6,122 5,739 5,408 5,247
Loans Held for Sale, before Reserves 43,550 7,442 2,899 7,947 7,803
Total Net Loans 728,499 672,607 640,559 589,949 536,495
Real Estate Owned and Held for Investment NA 4,402 4,046 3,202 2,783
Goodwill 2,223 2,223 2,223 2,223 2,223
Core Deposit Intangibles 156 242 412 583 754
Other Intangibles 0 0 0 0 0
Intangible Assets other than Goodwill 156 242 412 583 754
Total Intangible Assets 2,379 2,465 2,635 2,806 2,977
Loan Servicing Rights NA 1,707 1,660 1,680 1,627
Credit Card Rights 0 0 0 NA NA
Other Loan Servicing Rights 0 0 0 NA NA
Total Servicing Rights NA 1,707 1,660 1,683 1,629
Fixed Assets 20,379 22,783 16,073 14,255 13,525
Interest Receivable NA 2,702 2,812 2,500 2,259
Prepaid Expense NA 2,598 3,097 2,668 2,435
Bank-owned Life Insurance NA 12,322 9,040 8,861 8,617
Other Assets 33,175 2,937 2,489 3,277 2,973
Total Other Assets 53,554 43,342 33,511 31,561 29,809
Total Assets 917,083 872,912 805,337 745,831 691,381
Memo: Consolidated VIE Assets NA 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 819,492 744,027 706,770 647,574 597,660
FHLB Borrowings NA 47,164 27,451 30,216 30,496
Senior Debt 9,497 49,058 27,821 31,581 31,595
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 9,497 49,058 27,821 31,581 31,595
Total Other Liabilities 12,327 7,984 6,255 8,015 5,847
Total Liabilities 841,316 801,069 740,846 687,170 635,102
Memo: Consolidated VIE Liabilities NA 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 75,767 71,843 64,491 58,661 56,279
Equity Attributable to Parent Company 75,767 71,843 64,491 58,661 56,279
Noncontrolling Interests 0 0 0 0 0
Total Equity 75,767 71,843 64,491 58,661 56,279
Net Unrealized Gain 2,717 986 (1,023) (301) (664)
Tot Acc Other Comprehensive Inc 2,717 986 (1,023) (5,096) (3,279)
Balance Sheet Analysis (%)
Gross Loans HFI/ Total Assets 75.44 76.90 79.89 78.76 77.23
Loans/ Deposits 84.42 90.22 91.03 90.71 89.34
Loan Loss Reserves/ Gross Loans 0.94 0.90 0.89 0.91 0.97
Reserves/ Loans Held For Investment 1 0.91 0.89 0.92 0.98
One Year Gap/ Assets NA NA 4.05 8.19 10.86
1-4 Loans Serviced for Others($000) NA 555,089 519,465 483,833 435,574
Level 1 Assets($000) NA 690 556 521 403
Level 2 Assets($000) NA 87,393 73,405 64,918 65,153
Level 3 Assets($000) NA 0 0 0 0
Level 1 Liabilities($000) NA 0 0 0 0
Level 2 Liabilities($000) NA 0 0 0 0
Level 3 Liabilities($000) NA 0 0 0 0
FTE Employees(actual) NA 201 195 194 191
Annualized Growth Rates (%)
Asset Growth 10.12 8.39 7.98 7.88 9.94
Gross Loans HFI Growth 6.12 4.33 9.53 10.01 6.57
Deposit Growth 20.29 5.27 9.14 8.35 6.65
Average Balances ($000)
Avg Gross Loans HFI 679,575 643,373 605,228 553,851 514,168
Avg Loans HFS 20,976 8,340 5,311 5,451 7,602
Average Loans, Gross of Reserves 699,337 662,868 621,313 565,387 526,659
Avg Securities NA 84,035 74,513 69,348 63,326
Avg Other Int Earn Assets NA 22,621 22,079 26,342 27,769
Avg Secs & Other Int Earn Assets NA 106,656 96,592 95,690 91,095
Avg Interest Earning Assets NA 769,524 717,905 661,077 617,754
Avg Assets 874,809 816,405 754,407 695,729 653,079
Avg CDs NA 145,935 116,717 103,019 126,248
Avg Other Interest-bearing Deposits NA 423,894 405,270 381,022 333,033
Avg Interest-bearing Deposits NA 569,829 521,987 484,041 459,281
Avg Debt NA 40,230 42,582 35,190 27,616
Avg Interest-bearing Liabs NA 610,059 564,569 519,231 486,897
Avg Noninterest-bearing Deposits NA 130,322 121,902 112,914 105,596
Avg Total Deposits 756,408 700,151 643,889 596,955 564,877
Avg Preferred Equity 0 0 0 0 0
Avg Common Equity 73,701 68,108 59,950 58,138 55,825
Avg Equity 73,701 68,108 59,950 58,138 55,825
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.
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