Vitals
  • Total Assets
    690.5M 10.0 %
  • Total Deposits
    598.4M 6.5 %
  • Total Net Loans
    536.5M 7.0 %
  • Net Income
    8.8M 7.9 %
  • Book Value
    56.0M 5.3 %
  • Book Value x2
    112.0M 5.3 %
  • Book Value x3
    168.0M 5.3 %
ROAA

1.349

ROAE

15.943

Efficiency Ratio

66.501

Net Interest Margin

4.168

Balance Sheet Highlights
Financial Highlights Union Bank All Insured Commercial Banks in Vermont
Balance Sheet $(000)
Total Assets 690,498 648,794
Total Net Loans 536,498 463,383
Total Deposits 598,381 516,277
Total Equity 56,007 57,514
Profitability
Net Income 8,784 5,772
Return on Average Assets 1.349 .886
Return on Average Equity 15.943 9.667
Net Interest Margin 4.168 3.729
Efficiency Ratio 66.501 71.728
Noninterest Income/Revenue 26.467 22.603
Balance Sheet Ratios
Loan-to-Deposit 89.658 86.778
Securities/Assets .097 .19
Total Equity/Total Assets .081 .089
Tangible Equity/Tangible Assets .074 .083
Capital Adequacy
Tier 1 Common Capital 55,281 55,438
Tier 1 Capital 55,281 55,438
Tier 2 Capital 5,247 4,741
Total Capital 60,528 60,179
Total Risk Weighted Assets 464,747 415,994
Leverage Ratio 8.17 9.017
Common Equity Tier 1 Capital Ratio 11.89 13.669
Tier 1 Capital Ratio 11.89 13.669
Total Capital Ratio 13.02 14.839

Timeline for Union Bank

Citizens Savings Bank And Trust Company

Acquisition: Union Bank acquired a new subsidiary, Citizens Savings Bank And Trust Company, 20 years

View Profile May 17 2003

Union Bankshares, Inc.

Union Bankshares, Inc. became a new parent organization for Union Bank.

View Profile Jan 05 1983

Union Bank

Union Bank was established 133 years ago and is currently headquartered in Morrisville, VT.

Jan 01 1891
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Citizens Savings Bank And Trust Company Seller 103,129 Pooling of Interests Discontinued 5/17/2003
Relationships Role Relationship Start Relationship End
Union Bankshares, Inc. Parent 1/5/1983
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