Union Bank (VT)

Union Bank (VT) is headquartered in Morrisville and is the 5^th largest bank in the state of Vermont. It is also the 1,218^st largest bank in the nation. It was established in 1891 and as of March of 2012, it had grown to 165 employees at 17 locations. Union Bank (VT) has a 3-star health rating.

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Data for Q1 2012

Institution Statistics Union Bank FDIC Certificate # 14158 BankRate Report View Year Established 1891 Employees 165 Primary Regulator FDIC Assets and Liabilities Assets $554.45 million Loans $433.33 million Deposits $479.11 million Equity Capital $40.29 million Loan Loss Allowance $4.41 million Unbacked Noncurrent Loans $5.74 million Real Estate Owned $1.43 million Historic Data - March 2011 Assets $458.73 million Equity Capital $41.56 million Loan Loss Allowance $3.91 million Unbacked Noncurrent Loans $4.43 million Real Estate Owned $1.41 million Profit Margin - Quarterly Net Interest Margin 4.17% Return on Assets 0.93% Return on Equity 12.75% Interest Income $6.20 million

Institution Health Overall Score: 3 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 (VT) had $7.16 million in non-current loans and owned real-estate with $44.7 million in equity and loan loss allowances on hand to cover it. This gives Union Bank (VT) a Texas Ratio of 16.02% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Union Bank (VT) increased slightly from 10.81% as of March 31, 2011 to 16.02% as of March 31, 2012, resulting in a negative change of 48.28%. This indicates that the balance sheet and financial strength for Union Bank (VT) has declined slightly in recent periods. Deposit Growth In the past year, Union Bank (VT) has increased its total deposits by $94.09 million, resulting in 24.44% 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 (VT) 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 Bank (VT) has $554.45 million in assets with $44.7 million in equity, resulting in a capitalization level of 8.06%, which is average.

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