C
Union Bank
Rating Date
June 2025
Risk Based
Capital Ratio
10.94
Leverage
Ratio
8.22
Return On
Assets
0.37%
Total
Assets
366.75M
Capital
28.96M
Total
Deposits
297.07M
Net
Income
335.00K
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Weiss Ratings Union Bank
Grand Rapids, MI 		Click to
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Rating C
Asset Quality Index 1.80
Capitalization Index 6.20
Liquidity Index 1.90
Profitability Index 2.50
Stability Index 4.00
Company Info Union Bank
Grand Rapids, MI 		Click to
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FDIC Number 14722
Phone Number (616) 374-3278
Website www.ubmich.com
Asset Quality Union Bank
Grand Rapids, MI 		Click to
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1-Year Asset Growth 6.75%
5-Year Asset Growth 16.57%
5-Year Charge-Offs to Average Loans 0.08%
Charge-Offs to Average Loans 0.00%
Non-Performing Assets to Assets 1.75%
Non-Performing Loans to Capital 15.89%
Non-Performing Loans to Loans 2.25%
Balance Sheet Union Bank
Grand Rapids, MI 		Click to
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Total Assets 366.75M
Total Deposits 297.07M
Capital and Reserves Union Bank
Grand Rapids, MI 		Click to
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Capital 28.96M
Leverage Ratio 8.22
Loan Loss Reserves to Loans 1.32%
Risk-Based Capital Ratio 10.94
Liquidity Union Bank
Grand Rapids, MI 		Click to
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Hot Money Ratio 17.97%
Liquidity Ratio 8.07%
Profitability Union Bank
Grand Rapids, MI 		Click to
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5-Year Return on Average Assets 0.54%
Net Income 335.00K
Net Interest Spread 3.86%
Operating Profit to Average Assets 0.45%
Overhead Efficiency Ratio 87.54%
Return on Assets 0.37%
Return on Equity 4.70%