Union State Bank of Fargo

Union State Bank of Fargo is headquartered in Fargo and is the 55^th largest bank in the state of North Dakota. It is also the 5,889^th largest bank in the nation. It was established in 1972 and as of September of 2011, it had grown to 21 employees at 3 locations. Union State Bank of Fargo has a 5-star health rating.

Union State Bank of Fargo Routing Number: 091310576

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Data for Q3 2011

Institution Statistics Union State Bank of Fargo FDIC Certificate # 20776 BankRate Report View Year Established 1972 Employees 21 Primary Regulator FDIC Assets and Liabilities Assets $67.10 million Loans $56.58 million Deposits $54.31 million Equity Capital $6.08 million Loan Loss Allowance $848,000 Unbacked Noncurrent Loans $89,000 Historic Data - September 2010 Assets $62.95 million Equity Capital $4.78 million Loan Loss Allowance $716,000 Unbacked Noncurrent Loans $145,000 Real Estate Owned $20,000 Profit Margin - Quarterly Net Interest Margin 4.44% Return on Assets 0.83% Return on Equity 9.72% Interest Income $2.67 million

Institution Health Overall Score: 5 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of September 30, 2011 Union State Bank of Fargo had $89,000 in non-current loans and owned real-estate with $6.93 million in equity and loan loss allowances on hand to cover it. This gives Union State Bank of Fargo a Texas Ratio of 1.28% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Union State Bank of Fargo decreased significantly from 6.49% as of September 30, 2010 to 1.28% as of September 30, 2011, resulting in a positive change of 80.22%.This indicates that the balance sheet and financial strength for Union State Bank of Fargo has improved significantly in recent periods. Deposit Growth In the past year, Union State Bank of Fargo has increased its total deposits by $3.6 million, resulting in 7.1% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Union State Bank of Fargo has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Union State Bank of Fargo has $67.1 million in assets with $6.93 million in equity, resulting in a capitalization level of 10.32%, which is above average.

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