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 Union Bank
Union Bank
| RSSD ID 390840 | CERTIFICATE 14722 | ABA NUMBER 72404320 |
| 670 Cascade West Pkwy Se |
Quarter Ended : |
2025-09-30 |
| Grand Rapids, Michigan, 49546 |
Updated : |
2025-11-12 |
| 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 : |
94 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 380,029 |
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Total Interest Income | 14,854 |
| Total Liabilities | 349,343 |
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Total NonInterest Income | 3,542 |
| Total Bank Equity Capital | 30,686 |
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Total Interest Expense | 4,703 |
| Total Deposits | 306,292 |
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Total NonInterest Expense | 11,456 |
| Net Loans & Leases | 296,787 |
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Net Income | 1,397 |
| Loan Loss Allowance | 3,298 |
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Net Charge Offs | 877 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 34,932 |
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Total loans | 296,783 |
| Total assets for the leverage ratio | 379,516 |
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Loans secured by real estate: | 249,962 |
| Tier 1 Leverage Ratio | 8.3 |
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Commercial and industrial loans | 31,279 |
| Tier 1 Capital Ratio | 9.51 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 10.55 |
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Loans to individuals - Other | 3,770 |
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:· Union Bank
