Union Bank, Inc. in city_name, state_name - Detailed Financial Reports, Location

Union Bank, Inc. in Middlebourne, West Virginia (WV)
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Union Bank, Inc. routing number info

Union Bank, Inc. - Overview

General
FDIC Certificate #: 16620
Status: Active
Federal Reserve ID: 667029
Bank Holding Company (Regulatory Top Holder): Hometown Bancshares, Inc. (RSSDID: 2687580, Location: Middlebourne, WV)
Date Established: July 05, 1947
WWW: http://www.hometownbanc.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 8 (Domestic: 8, Interstate: No)
OTS Docket #: 12220
FDIC's unique #: 10761
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: Mortgage Lending Specialization
Date of Deposit Insurance: July 05, 1947
Last Structure Change Effective Date: September 15, 2007
Last Structure Change Process Date: September 28, 2007
Last Data Update: September 28, 2007
Data Source Date: April 05, 2012
Location
Address: 107 Dodd Street, Middlebourne, WV 26149
County: Tyler
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Scott Depot
Office of the Comptroller the Currency (OCC) District: Northeast
Office of Thrift Supervision Region: Northeast
History of Changes
Participated in Absorption/Consolidation/Merger
Financial Summary
Total assets: $184.1 mil
Equity capital: $23.3 mil
Deposits held in domestic offices: $157.8 mil
Return on assets (ROA): 1.24% ($2.3 mil)
Quarterly return on assets: 1.18% ($2.2 mil)
Return on Equity (ROE): 10.26% ($2.4 mil)
Quarterly return on equity: 9.57% ($2.2 mil)
Net income: $2.3 mil
Quarterly Net income: $0.6 mil
Pretax return on assets: 1.24% ($2,283.0 mil)
Quarterly Pretax return on assets: 1.18% ($2,172.5 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
68Total employees (full-time equivalent)
$184,111Total assets
$9,570Cash and due from depository institutions
$6,640Interest-bearing balances
$82,277Securities
$0Federal funds sold & reverse repurchase agreements
$76,604Net loans & leases
$1,010Loan loss allowance
$0Trading account assets
$3,787Bank premises and fixed assets
$98Other real estate owned
$7,717Goodwill and other intangibles
$184,111Life insurance assets
$4,058All other assets
$160,796Total liabilities and capital
$157,752Total liabilities
$136,433Total deposits
$157,752Interest-bearing deposits
$88Deposits held in domestic offices
2464.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$580Subordinated debt
$23,315All other liabilities
$23,315Total equity capital
$23,315Total bank equity capital
$0Perpetual preferred stock
$144Common stock
$17,808Surplus
$5,363Undivided profits
Memoranda
$0Noncurrent loans and leases
$121Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$428Income earned, not collected on loans
$0Earning assets
$681Long-term assets (5+ years)
$165,521Average Assets, year-to-date
$98,003Average Assets, quarterly
$186,902Volatile liabilities
$187,896Insider loans
$81,551FHLB advances
$181,262Loans and leases held for sale
$2,096Unused loan commitments
$2,096Tier 1 (core) risk-based capital
$12,197Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$8,305Restructured Loans and leases
$3,053Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$8,011Total interest income
$1,780Total interest expense
$6,231Net interest income
$40Provision for loan and lease losses
$827Total noninterest income
$1Fiduciary activities
$337Service charges on deposit accounts
$0Trading account gains & fees
$489Additional noninterest income
$4,712Total noninterest expense
$2,353Salaries and employee benefits
$570Premises and equipment expense
$1,789Additional noninterest expense
$2,306Pre-tax net operating income
$4Securities gains (losses)
$0Applicable income taxes
$2,310Income before extraordinary items
$0Extraordinary gains - net
$2,310Net income attributable to bank
$0Net charge-offs
$2,310Cash dividends
$112Sale, conversion, retirement of capital stock, net
$1,968Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.78%Yield on earning assets
1.06%Cost of funding earning assets
3.72%Net interest margin
0.49%Noninterest income to earning assets
2.81%Noninterest expense to earning assets
1.23%Net operating income to assets
1.24%Return on assets (ROA)
1.24%Pretax return on assets
10.26%Return on equity (ROE)
1.52%Retained earnings to average equity (YTD only)
0.14%Net charge-offs to loans
35.71%Credit loss provision to net charge-offs
20.95%Efficiency ratio
63,446Assets per employee
2.71%Cash dividends to net income (YTD only)
Condition Ratios (%)
85.19%Loss allowance to loans
1.30%Loss allowance to noncurrent loans
235.98%Noncurrent assets plus other real estate owned to assets
0.29%Noncurrent loans to loans
0.55%Net loans and leases to deposits
48.56%Net loans and leases to core deposits
48.83%Equity capital to assets
12.66%Core capital (leverage) ratio
6.73%Tier 1 risk-based capital ratio
14.96%Total risk-based capital ratio
Memoranda
$16Average assets
$186,902Average earning assets
$22,519Average equity
$167,454Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$577Managed Assets
1Number of Accounts
$577Personal trust and agency accounts
$577Employee 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
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
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

8 West Virginia Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	10761	Union Bank, Inc.	107 Dodd Street, Middlebourne, WV 26149	July 05, 1947	Full Service Brick and Mortar
1	4524	Sistersville Branch	700 Wells Street, Sistersville, WV 26175	January 01, 1895	Full Service Brick and Mortar
3	441888	Hundred Office Branch	St Rt 250, Hundred, WV 26575	November 19, 2004	Full Service Brick and Mortar
4	10081	1500 West Main Street Branch	1500 East Main Street, Harrisville, WV 26362	August 20, 1941	Full Service Brick and Mortar
5	235618	Cairo Branch	Main And Hill Streets, Cairo, WV 26337	November 18, 1985	Full Service Brick and Mortar
6	233962	Pennsboro Branch	214 Masonic Avenue, Pennsboro, WV 26415	September 02, 1980	Full Service Brick and Mortar
7	208925	Ellenboro Branch	90 Main Street, Ellenboro, WV 26346	July 01, 1997	Full Service Brick and Mortar
8	4570	St Marys Branch	401 Second Street, St. Marys, WV 26170	January 01, 1899	Full Service Brick and Mortar

Union Bank, Inc. in Middlebourne, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

Union Bank, Inc. - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Union Bank, Inc. in Middlebourne, West Virginia (WV)Overview, Financial Summary, Detailed Financial Reports, Branches

Union Bank, Inc. - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Union Bank, Inc. in Middlebourne, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches