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Union Bank
Grand Rapids, MI · FDIC Certificate #14722 · Chartered 01/0
Total assets
$396.66M
Total deposits
$313.48M
Total equity
$33.41M
Net loans
$315.26M
Branches (offices)
8
Net income (YTD)
$1.47M
Rank: #2,068 of 4,213 U.S. banks by assets · #43 of 72 in Michigan. Assets changed 4.0% and deposits 4.6% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 0.75% |
| Return on equity | 9.03% |
| Net interest margin (YTD) | 4.33% |
| Equity to assets | 8.42% |
| Tier 1 leverage ratio | 8.83% |
| Uninsured deposits (share of deposits) | 25.0% |
| Noncurrent loans (share of loans) | 1.07% |
| Net charge-offs (share of loans) | -0.00% |
| Loans to deposits | 100.6% |
| Real estate loans (share of loans) | 82.5% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $260.10M | 82.5% | |
| Commercial & industrial | $32.92M | 10.4% | |
| Consumer / individual | $7.26M | 2.3% | |
| Construction & development | $23.96M | 7.6% | |
| Agricultural | $19.09M | 6.1% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $315.36M | $288.43M | $426.00K | $21.82M |
| Jun 2023 | $326.20M | $279.61M | $550.00K | $23.85M |
| Jun 2024 | $352.60M | $287.12M | $771.00K | $26.85M |
| Jun 2025 | $381.54M | $299.73M | $1.00M | $29.82M |
| Jun 2026 | $396.66M | $313.48M | $1.47M | $33.41M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Michigan | $313.48M | 8 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $313.48M.
Similar-sized banks
The Shelby State Bank ($396.97M) · Community Bank Of Santa Maria ($396.52M)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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