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Union Bank

Morrisville, VT
IDRSSD: 333203
Total Assets
$1.57B
Latest filing
Total Deposits
$1.19B
Latest filing
Net Interest Margin
3.20%
Profitability
0

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

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Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date01/01/1891
Community BankYes
Ownership TypeNot Mutual
ZIP05661
State and County Number50015
Subchapter S CorporationsNo
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number01
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictNew York
Core Based Statistical Area NameN/A

Operational Info

Number of Employees193
Domestic Offices21
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date11/17/2024
Date of Deposit Insurance03/31/1934
Primary Insurance AgencyDIF
Websitewww.ublocal.com
Data Updated11/14/2025
CERT14158
Office of The Comptroller District:—
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$1.57B
Total Deposits$1.19B
Total Liabilities$1.48B
Total Equity Capital$93.36M
Net Income$3.66M
Net Loans and Leases$1.17B
Assets Per Employee ($Millions)$7.83M
Bank Premises and Fixed Assets$22.18M
Cash and Balances due from Depository Institutions$43.84M
Deposits Held in Domestic Offices$1.19B

Key Performance Ratios

Return on Assets (ROA)0.96%
Return on Equity (ROE)16.26%
Net Interest Margin3.2%
Efficiency Ratio70.09%
Tier 1 Risk-Based Capital Ratio11.978%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.08%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets5.935%
Earning Assets to total Assets93.31%

Income and Expense

Total Interest Income$19.21M
Total Noninterest Income$3.27M
Total Interest Expense$7.91M
Total Noninterest Expense$10.21M
Net Interest Income$11.30M
Pre-tax Net Operating Income$4.05M
Provision for Credit Losses$313.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$270.84M
Federal Funds Sold & Reverse Repurchase Agreement$165.00k
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$15.28M
Total Liabilities and Capital$1.57B

Securities

Securities$262.23M
Available-for-sale debt securities$260.40M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Union Bank?
$1.57B as of the latest filing.
How much are Union Bank's total deposits?
$1.19B in total deposits.
Where is Union Bank located?
Morrisville, VT.
What is the Net Interest Margin?
3.20%.
How many domestic offices does it operate?
21.
When was it established?
01/01/1891.
What is the Return on Assets (ROA)?
0.96%.
How much are total loans and leases?
$1.17B (latest filing).
What is the total interest income (latest filing)?
$19.21M.