Union Savings Bank (OH)

Union Savings Bank (OH) Locations
8534 East Kemper Road
Cincinnati, OH 45249
513-247-0300
www.unionsavings-bank.com

Union Savings Bank (OH) is headquartered in Cincinnati and is the 12st largest bank in the state of Ohio. It is also the 314st largest bank in the nation. It was established in 1904 and as of March of 2012, it had grown to 529 employees at 25 locations. Union Savings Bank (OH) has a 4-star health rating.

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Data for Q1 2012


Institution Statistics


Union Savings Bank
OTS #08109
FDIC Certificate #32296
BankRate ReportView
Year Established1904
Employees529
Primary RegulatorFDIC

Assets and Liabilities

Assets$2.25 billion
Loans$1.69 billion
Deposits$2.02 billion
Equity Capital$188.70 million
Loan Loss Allowance$28.08 million
Unbacked Noncurrent Loans$21.44 million
Real Estate Owned$8.61 million

Historic Data - March 2011

Assets$2.11 billion
Equity Capital$160.64 million
Loan Loss Allowance$26.98 million
Unbacked Noncurrent Loans$21.28 million
Real Estate Owned$8.93 million

Profit Margin - Quarterly

Net Interest Margin3.05%
Return on Assets4.21%
Return on Equity51.18%
Interest Income$18.95 million

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio4
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 Savings Bank (OH) had $30.05 million in non-current loans and owned real-estate with $216.78 million in equity and loan loss allowances on hand to cover it. This gives Union Savings Bank (OH) a Texas Ratio of 13.86% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for Union Savings Bank (OH) held steady from 16.10% as of March 31, 2011 to 13.86% as of March 31, 2012, resulting in a positive change of 13.89%.This indicates that the balance sheet and financial strength for Union Savings Bank (OH) has held steady in recent periods.
Deposit Growth5
In the past year, Union Savings Bank (OH) has increased its total deposits by $108.75 million, resulting in 5.7% 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 Savings Bank (OH) has shown is excellent.
Capitalization3
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 Savings Bank (OH) has $2.25 billion in assets with $216.78 million in equity, resulting in a capitalization level of 9.65%, which is average.
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