Union Federal Savings and Loan Association in Kewanee, Illinois (IL), WI
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Union Federal Savings and Loan Association in Kewanee, Illinois (IL), WI
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Union Federal Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 27767
    Status: Active
    Federal Reserve ID: 656779
    Date Established: January 01, 1890
    WWW: http://www.myunionfederal.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 7 (Domestic: 7, Interstate: Yes)
    OTS Docket #: 244
    FDIC's unique #: 40601
    Numeric code: 38
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: May 29, 1936
    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: 104 North Tremont Street, Kewanee, IL 61443
    County: Henry
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Princeton
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Davenport-Moline-Rock Island, IA-IL (#1960)
    Core Based Statistical Area (CBSA): Davenport-Moline-Rock Island, IA-IL (#19340)
    CBSA Metro Statistical Area: Davenport-Moline-Rock Island, IA-IL (#19340)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $122.1 mil
    Equity capital: $9.9 mil
    Deposits held in domestic offices: $102.2 mil
    Return on assets (ROA): 0.44% ($0.5 mil)
    Quarterly return on assets: 0.31% ($0.4 mil)
    Return on Equity (ROE): 5.78% ($0.6 mil)
    Quarterly return on equity: 3.89% ($0.4 mil)
    Net income: $0.6 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.70% ($854.5 mil)
    Quarterly Pretax return on assets: 0.57% ($695.8 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
  • 37Total employees (full-time equivalent)
  • $122,071Total assets
  • $7,207Cash and due from depository institutions
  • $6,622Interest-bearing balances
  • $13,807Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $93,117Net loans & leases
  • $501Loan loss allowance
  • $0Trading account assets
  • $2,699Bank premises and fixed assets
  • $813Other real estate owned
  • $0Goodwill and other intangibles
  • $122,071Life insurance assets
  • $4,428All other assets
  • $112,151Total liabilities and capital
  • $102,178Total liabilities
  • $101,323Total deposits
  • $102,178Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $9,149Trading liabilities
  • $0Other borrowed funds
  • $824Subordinated debt
  • $9,920All other liabilities
  • $9,920Total equity capital
  • $9,920Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $9,920Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,431Income earned, not collected on loans
  • $0Earning assets
  • $552Long-term assets (5+ years)
  • $113,546Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $124,906Volatile liabilities
  • $123,504Insider loans
  • $62,272FHLB advances
  • $122,596Loans and leases held for sale
  • $779Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $10,449Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $426Restructured Loans and leases
  • $1,175Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,975Total interest income
  • $1,764Total interest expense
  • $4,211Net interest income
  • $171Provision for loan and lease losses
  • $213Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $213Additional noninterest income
  • $3,375Total noninterest expense
  • $1,863Salaries and employee benefits
  • $824Premises and equipment expense
  • $688Additional noninterest expense
  • $878Pre-tax net operating income
  • $0Securities gains (losses)
  • $325Applicable income taxes
  • $553Income before extraordinary items
  • $0Extraordinary gains - net
  • $553Net income attributable to bank
  • $0Net charge-offs
  • $553Cash dividends
  • $4Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.16%Yield on earning assets
  • 1.52%Cost of funding earning assets
  • 3.63%Net interest margin
  • 0.18%Noninterest income to earning assets
  • 2.91%Noninterest expense to earning assets
  • 0.44%Net operating income to assets
  • 0.44%Return on assets (ROA)
  • 0.70%Pretax return on assets
  • 5.78%Return on equity (ROE)
  • 5.78%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 4275.00%Credit loss provision to net charge-offs
  • 262.25%Efficiency ratio
  • 76,288Assets per employee
  • 3.30%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.54%Loss allowance to noncurrent loans
  • 14.60%Noncurrent assets plus other real estate owned to assets
  • 3.48%Noncurrent loans to loans
  • 3.66%Net loans and leases to deposits
  • 91.13%Net loans and leases to core deposits
  • 93.66%Equity capital to assets
  • 8.13%Core capital (leverage) ratio
  • 8.52%Tier 1 risk-based capital ratio
  • 16.78%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $124,906Average earning assets
  • $9,564Average equity
  • $115,850Average loans

List of branches

  • 6 Illinois Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    040601Union Federal Savings And Loan Assoc104 North Tremont Street, Kewanee, IL 61443January 01, 1890Full Service Brick and Mortar
    1263321Andalusia Rd At Rt 67 Branch110 W. 10th Avenue, Milan, IL 61264January 01, 1890Full Service Brick and Mortar
    226332216th St At So Park Shopping Center B4460 16th Street, Moline, IL 61265January 01, 1890Full Service Brick and Mortar
    3263323Thirteenth St Branch1507 13th Street, Viola, IL 61486January 01, 1890Full Service Brick and Mortar
    4263324Orion Branch1110 Division St., Orion, IL 61273January 01, 1890Full Service Brick and Mortar
    100263325357 42nd Avenue Branch357 42nd Avenue, East Moline, IL 61244January 01, 1890Full Service Brick and Mortar
  • 1 Wisconsin Branch as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    101464878West Washington Avenue Branch115 West Washington Ave., Madison, WI 53703June 01, 2006Full Service Brick and Mortar

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