Overview / Commentary
Union State Bank of West Salem is headquartered in West Salem and is the 143rd largest bank in the state of Wisconsin. It is also the 3,708th largest bank in the nation. It was established in 1903 and as of March of 2021, it had grown to 18 employees at 2 locations. Union State Bank of West Salem has a B+ health rating.
Health
B+
Data as of Q1 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 14560 |
| Year Established | 1903 |
| Employees | 18 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.06% |
| Return on Equity - YTD | 11.36% |
| Annual Interest Income | $1.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2021vs Q1 2020 | $134.7MM$84.2MM |
| Loans | Q1 2021vs Q1 2020 | $65.2MM$58.9MM |
| Deposits | Q1 2021vs Q1 2020 | $116.8MM$68.6MM |
| Equity Capital | Q1 2021vs Q1 2020 | $11.1MM$10.8MM |
| Loan Loss Allowance | Q1 2021vs Q1 2020 | $954.00K$785.00K |
| Unbacked Noncurrent Loans | Q1 2021vs Q1 2020 | $1.3MM$1.7MM |
| Real Estate Owned | Q1 2021vs Q1 2020 | $0$0 |