|
 |
|
|
 Union Bank
Union Bank
| RSSD ID 390840 | CERTIFICATE 14722 | ABA NUMBER 72404320 |
| 670 Cascade West Pkwy Se |
Quarter Ended : |
2025-12-31 |
| Grand Rapids, Michigan, 49546 |
Updated : |
2026-01-26 |
| www.ubmich.com |
|
| Institution Profile |
| Year Opened : |
1934 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
|
| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
9 |
Number of Employees : |
93 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 390,571 |
|
Total Interest Income | 20,101 |
| Total Liabilities | 358,695 |
|
Total NonInterest Income | 4,666 |
| Total Bank Equity Capital | 31,876 |
|
Total Interest Expense | 6,324 |
| Total Deposits | 319,217 |
|
Total NonInterest Expense | 15,295 |
| Net Loans & Leases | 302,429 |
|
Net Income | 2,384 |
| Loan Loss Allowance | 3,534 |
|
Net Charge Offs | 379 |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Total capital | 36,112 |
|
Total loans | 304,552 |
| Total assets for the leverage ratio | 378,071 |
|
Loans secured by real estate: | 255,667 |
| Tier 1 Leverage Ratio | 8.59 |
|
Commercial and industrial loans | 32,682 |
| Tier 1 Capital Ratio | 9.56 |
|
Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 10.63 |
|
Loans to individuals - Other | 4,813 |
|
|
|
|
:· Union Bank
