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Union Bank
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Union Bank
| RSSD ID 390840 | CERTIFICATE 14722 | ABA NUMBER 72404320 |
| 670 Cascade West Pkwy Se |
Quarter Ended : |
2026-03-31 |
| Grand Rapids, Michigan, 49546 |
Updated : |
2026-04-29 |
| www.ubmich.com |
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| Institution Profile |
| Year Opened : |
1934 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
9 |
Number of Employees : |
96 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 381,118 |
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Total Interest Income | 5,185 |
| Total Liabilities | 349,033 |
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Total NonInterest Income | 999 |
| Total Bank Equity Capital | 32,085 |
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Total Interest Expense | 1,430 |
| Total Deposits | 304,424 |
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Total NonInterest Expense | 3,733 |
| Net Loans & Leases | 310,691 |
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Net Income | 225 |
| Loan Loss Allowance | 4,297 |
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Net Charge Offs | (2) |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 36,761 |
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Total loans | 310,891 |
| Total assets for the leverage ratio | 379,974 |
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Loans secured by real estate: | 260,077 |
| Tier 1 Leverage Ratio | 8.55 |
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Commercial and industrial loans | 31,275 |
| Tier 1 Capital Ratio | 9.53 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 10.78 |
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Loans to individuals - Other | 6,068 |
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