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Union Bank, Financial Information

About Union Bank

 Address:
933 4th Avenue
Lake Odessa, MI
Ionia County, Michigan
 Established:
Jan 1934
 Number of domestic offices:
8
Agriculture bank
Total assets$296M
Net income$2M
Net income, quarterly$0M
Total deposits$270M
Domestic deposits$270M
Equity capital$21M
ROA0.74%
ROAQ, quarterly0.65%
ROA, pretax0.65%
ROAQ, quarterly, pretax0.8%
ROE8.67%
ROEQ, quarterly8.43%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Historical Data