Institution Statistics
| Union Bank | | FDIC Certificate # | 1693 | | BankRate Report | View | | Year Established | 1918 | | Employees | 17 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $63.27 million | | Loans | $40.22 million | | Deposits | $54.45 million | | Equity Capital | $8.16 million | | Loan Loss Allowance | $545,000 | | Unbacked Noncurrent Loans | $132,000 | | Real Estate Owned | $326,000 |
Historic Data - March 2011 | | Assets | $60.97 million | | Equity Capital | $7.60 million | | Loan Loss Allowance | $490,000 | | Unbacked Noncurrent Loans | $606,000 | | Real Estate Owned | $387,000 |
Profit Margin - Quarterly | | Net Interest Margin | 5.49% | | Return on Assets | 1.55% | | Return on Equity | 12.05% | | Interest Income | $838,000 |
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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 March 31, 2012 Union Bank (TN) had $458,000 in non-current loans and owned real-estate with $8.71 million in equity and loan loss allowances on hand to cover it. This gives Union Bank (TN) a Texas Ratio of 5.26% 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 Bank (TN) decreased significantly from 12.28% as of March 31, 2011 to 5.26% as of March 31, 2012, resulting in a positive change of 57.15%.This indicates that the balance sheet and financial strength for Union Bank (TN) has improved significantly in recent periods. | | Deposit Growth |  | | In the past year, Union Bank (TN) has increased its total deposits by $1.74 million, resulting in 3.31% 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 Bank (TN) has shown is above average. | | 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 Bank (TN) has $63.27 million in assets with $8.71 million in equity, resulting in a capitalization level of 13.76%, which is excellent. |
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