Overview / Commentary
Union State Bank of West Salem is headquartered in West Salem and is the 168th largest bank in the state of Wisconsin. It is also the 4,165th largest bank in the nation. It was established in 1903 and as of December of 2019, it had grown to 17 employees at 2 locations. Union State Bank of West Salem has a B+ health rating.
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Health
B+
Data as of Q4 2019
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Union State Bank of West Salem has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 14560 |
| Year Established | 1903 |
| Employees | 17 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.49% |
| Return on Equity - YTD | 4.18% |
| Annual Interest Income | $3.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $89.6MM$88.6MM |
| Loans | Q4 2019vs Q4 2018 | $62.4MM$65.5MM |
| Deposits | Q4 2019vs Q4 2018 | $72.9MM$73.2MM |
| Equity Capital | Q4 2019vs Q4 2018 | $10.5MM$9.7MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $737.00K$579.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $1.6MM$652.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$792.00K |