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Union State Bank of Hazen

Hazen, ND
IDRSSD: 855956
Total Assets
$240.89M
Latest filing
Total Deposits
$221.62M
Latest filing
Net Interest Margin
3.39%
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 Date01/01/1908
Community BankYes
Ownership TypeNot Mutual
ZIP58545
State and County Number38057
Subchapter S CorporationsYes
Trust PowersN/A
Federal Reserve ID Number09
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictKansas City
Core Based Statistical Area NameN/A

Operational Info

Number of Employees45
Domestic Offices4
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitewww.betterstate.com
Data Updated11/14/2025
CERT13195
Office of The Comptroller District:—
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$240.89M
Total Deposits$221.62M
Total Liabilities$222.42M
Total Equity Capital$18.47M
Net Income$599.00k
Net Loans and Leases$133.81M
Assets Per Employee ($Millions)$6.51M
Bank Premises and Fixed Assets$4.46M
Cash and Balances due from Depository Institutions$5.74M
Deposits Held in Domestic Offices$221.62M

Key Performance Ratios

Return on Assets (ROA)1%
Return on Equity (ROE)13.77%
Net Interest Margin3.39%
Efficiency Ratio68.49%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.19%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets7.667%
Earning Assets to total Assets94.92%

Income and Expense

Total Interest Income$2.96M
Total Noninterest Income$372.00k
Total Interest Expense$1.05M
Total Noninterest Expense$1.57M
Net Interest Income$1.91M
Pre-tax Net Operating Income$599.00k
Provision for Credit Losses$112.00k
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$0
Federal Funds Sold & Reverse Repurchase Agreement$500.00k
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$800.00k
Total Liabilities and Capital$240.89M

Securities

Securities$92.66M
Available-for-sale debt securities$92.66M
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 State Bank of Hazen?
$240.89M as of the latest filing.
How much are Union State Bank of Hazen's total deposits?
$221.62M in total deposits.
Where is Union State Bank of Hazen located?
Hazen, ND.
What is the Net Interest Margin?
3.39%.
How many domestic offices does it operate?
4.
When was it established?
01/01/1908.
What is the Return on Assets (ROA)?
1%.
How much are total loans and leases?
$133.81M (latest filing).
What is the total interest income (latest filing)?
$2.96M.