Union State Bank (15908) is headquartered in Clay Center and is the 83rd largest bank in the state of Kansas. It is also the 2,988th largest bank in the nation. It was established in 1901 and as of March of 2022, it had grown to 26 employees at 4 locations. Union State Bank (15908) has an A health rating.
Love my Local Bank
I love my local bank. It's an old brick and mortar building that has been there for over a hundred years. I live in a small town and it definitely has the small town environment. What I love about it is the personal touch you get. Every time I go through the Drive thru to deposit my check, the ladies working know me by name and ask how my day is going. It makes me feel secure in where my money is going and also knowing that if any problem were to arise, the bank would would whatever it could to help out. In this world of online anonymity and risks of identity theft, it's nice to know I can go to my local bank where they know me personally.
My Hometown Bank
I live in a rural area (town population less that 5,000). I have been banking with one of our local hometown banks (Union State) for over 20 years. I like that Union State has never merged with a bigger bank where I fell like I have less control. I know the people that work there and they know me and I feel a great sense of security with this bank knowing that.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 15908 |
| Year Established | 1901 |
| Employees | 26 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.42% |
| Return on Equity - YTD | 4.49% |
| Annual Interest Income | $1.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2022vs Q1 2021 | $216.8MM$160.5MM |
| Loans | Q1 2022vs Q1 2021 | $93.8MM$80.4MM |
| Deposits | Q1 2022vs Q1 2021 | $163.8MM$91.7MM |
| Equity Capital | Q1 2022vs Q1 2021 | $18.5MM$18.1MM |
| Loan Loss Allowance | Q1 2022vs Q1 2021 | $1.4MM$1.1MM |
| Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $34.00K$12.00K |
| Real Estate Owned | Q1 2022vs Q1 2021 | $0$0 |