C
Union Bank
Rating Date
October 2025
Risk Based
Capital Ratio
10.35
Leverage
Ratio
8.48
Return On
Assets
0.55%
Total
Assets
381.54M
Capital
29.82M
Total
Deposits
299.73M
Net
Income
1.00M
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Weiss Ratings Union Bank
Grand Rapids, MI 		Click to
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Rating C
Asset Quality Index 1.60
Capitalization Index 6.50
Liquidity Index 2.00
Profitability Index 3.50
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 8.21%
5-Year Asset Growth 16.57%
5-Year Charge-Offs to Average Loans 0.08%
Charge-Offs to Average Loans 0.27%
Non-Performing Assets to Assets 1.32%
Non-Performing Loans to Capital 17.48%
Non-Performing Loans to Loans 1.70%
Balance Sheet Union Bank
Grand Rapids, MI 		Click to
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Total Assets 381.54M
Total Deposits 299.73M
Capital and Reserves Union Bank
Grand Rapids, MI 		Click to
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Capital 29.82M
Leverage Ratio 8.48
Loan Loss Reserves to Loans 1.15%
Risk-Based Capital Ratio 10.35
Liquidity Union Bank
Grand Rapids, MI 		Click to
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Hot Money Ratio 18.84%
Liquidity Ratio 8.71%
Profitability Union Bank
Grand Rapids, MI 		Click to
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5-Year Return on Average Assets 0.54%
Net Income 1.00M
Net Interest Spread 3.93%
Operating Profit to Average Assets 0.68%
Overhead Efficiency Ratio 84.78%
Return on Assets 0.55%
Return on Equity 6.92%