United Bank & Trust Reports – 990352

United Bank & Trust Financial Reports

Quater Ended: 2024-03-31

United Bank & Trust is a N/A located in Marysville, KS. Established on 07/01/1890, the bank is regulated by the FED and has 16 domestic offices. It operates in the N/A.

The bank has 108 employees and holds $871,556k in total assets. With a focus on community banking, the bank has been serving its customers since 07/01/1890.

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United Bank & Trust Institution Profile

Established Date 07/01/1890 Institution Class N/A
Primary Regulator FED Number of Domestic Offices 16
Number of Foreign Offices 0 Number of US Offices 0
Number of Employees 108 Directly owned by another bank (CERT) No
Community Bank Yes ZIP 66508
Ownership Type Not Mutual City Marysville
State Alpha code KS State and County Number 20117
Subchapter S Corporations No Trust Powers Trust Powers Not Known
Federal Reserve ID Number 10 Federal Reserve ID Number Description KANSAS CITY
Office of The Comptroller District: WESTERN DISTRICT Office of Thrift Supervision Region Western
Last Structure Change Effective Date 08/31/2022 Date of Deposit Insurance 07/28/1955
Primary Insurance Agency DIF

Institution Profile Overview

Delve into the foundational details of United Bank & Trust with our “Institution Profile” table. The 07/01/1890 marks the bank’s inception, providing historical context. Categorized as a N/A, the bank operates under the oversight of FED, ensuring compliance and regulatory adherence.

16 domestic offices reflect the bank’s physical footprint, while insights into ownership type, trust powers, and regulatory affiliations contribute to understanding its operational structure. Details such as Marysville, KS, and 66508 provide geographic context. Explore these attributes to gain a holistic view of United Bank & Trust in the financial landscape.

United Bank & Trust Financials

(USD, in thousands)

Total Assets 871,556 Total Liabilities 785,757
Total Equity Capital 85,799 Total Deposits 665,387
Net Loans and Leases 621,110 Total Interest Income 10,060
Total Noninterest Income 603 Total Interest Expense 3,684
Total Noninterest Expense 4,238 Tier 1 Risk-Based Capital Ratio 0
Net Loans and Leases to Core Deposits 100 Return on Assets 1
Return on Equity 10 Efficiency Ratio 60

Financial Performance Overview

Gain a comprehensive perspective on United Bank & Trust’s financial landscape through our “Financials” table. The bank boasts total assets of $871,556k, showcasing its substantial scale and influential market presence. A nuanced breakdown reveals insights into the bank’s financial structure and stability, with total liabilities standing at $785,757k and total equity capital at $85,799k.

Delve into key operational metrics, including total deposits of $665,387k, net loans and leases at $621k, and a meticulous analysis of income and expense components. Explore vital ratios such as the Tier 1 Risk-Based Capital Ratio, standing at 0, and Return on Assets at 0.93. These metrics provide valuable insights into the bank’s risk management strategies and overall profitability.

This detailed financial overview is designed to enhance your understanding of United Bank & Trust’s performance and competitive positioning within the financial industry.

United Bank & Trust Additional Financial Information

(USD, in thousands)

Earnings Coverage of Net Loan Charge-Offs(x) 1,371 Net Loans and Leases to Core Deposits 100
Tier 1 Risk-Based Capital Ratio 0 Securities Gains (Losses) 2
Goodwill and Other Intangibles N/A Cost of Funding Earning Assets 2
Yield on Earning Assets 5 Total Interest Income 10,060
Applicable Income Taxes 558 Loss Allowance to Loans and Leases 1
Net Loans and Leases 621,110 Loss Allowance to Noncurrent Loans and Leases 3,404
Noncurrent Loans to Loans 0 Net Income Attributable to Bank and Noncontrolling Interests 2,035
Net Interest Income 6,376 Net Interest Margin 3
Net Operating Income to Assets 1 Noninterest Income to Average Assets 0
Total Noninterest Income 603 Noninterest Expense to Average Assets 2
Total Noninterest Expense 4,238 Net Charge-Offs to Loans and Leases 0
All Other Assets 33,244 Other Real Estate Owned 1,006
Other borrowed funds 101,449 Pre-tax Net Operating Income 2,591
Pretax Return on Assets 1 Return on Assets 1
Retained Earnings to Average Equity (YTD only) 2

Insights into Financial Metrics

Enhance your understanding of United Bank & Trust’s financial standing through our “Additional Financial Information” table. Explore key metrics such as Net Loans and Leases: $621,110k and Net Interest Income $6,376k to gain valuable insights into the bank’s core operations and revenue streams. Assess the Tier 1 Risk-Based Capital Ratio: 0 for in-depth insights into capital adequacy and risk management strategies.

Delve into the intricacies of Net Charge-Offs to Loans and Leases: 0 to evaluate the bank’s asset quality and risk mitigation efforts. Examine the composition of income through Total Noninterest Income:$603k and evaluate operational efficiency using metrics like Efficiency Ratio: 59.92. This nuanced financial overview empowers a comprehensive analysis of United Bank & Trust’s strategic financial position and performance in the industry.

This table provides key financial information about United Bank & Trust. Get more data about United Bank & Trust on Visbanking Report Portal.