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Union Bank
Morrisville, VT · State-chartered bank (not a Fed member) · Part of Union Bankshares Inc
- Total assets
- $1.56B
- Q2 2026
- Deposits
- $1.1B
- Net income
- $6.41M
- first half of 2026
- Return on assets
- 0.80%
- Annualized
SEC company page: Union Bankshares Inc (UNB) · financials and records from other agencies
Bank details
As reported to the FDIC
- FDIC certificate
- 14158
- Main office
- Morrisville, VT
- Holding company
- Union Bankshares Inc
- Charter
- State-chartered bank (not a Fed member)
- Primary federal regulator
- Federal Deposit Insurance Corporation (FDIC)
- Established
- 01/01/1891
- FDIC insured since
- 03/31/1934
- U.S. offices
- 21
- Employees (full-time equivalent)
- 190
- Specialty
- Commercial Lending Specialization
- Website
- www.ublocal.com
Quarterly financials
From the bank's Call Reports. Income figures are year to date; ratios are annualized.
| Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $1.56B | $1.62B | $1.62B | $1.57B | $1.48B | $1.52B | $1.53B | $1.52B |
| Deposits | $1.1B | $1.2B | $1.22B | $1.19B | $1.11B | $1.19B | $1.17B | $1.18B |
| Net loans and leases | $1.12B | $1.18B | $1.17B | $1.17B | $1.11B | $1.16B | $1.16B | $1.12B |
| Securities | $307.8M | $315.4M | $328.1M | $262.2M | $242.3M | $249.5M | $252.1M | $246.5M |
| Equity capital | $106.1M | $96.4M | $97.02M | $93.36M | $86.52M | $85.66M | $82.44M | $88.13M |
| Net income (year to date) | $6.41M | $3.24M | $11.94M | $8.98M | $5.32M | $2.71M | $9.66M | $6.44M |
| Return on assets | 0.80% | 0.80% | 0.77% | 0.78% | 0.70% | 0.71% | 0.66% | 0.59% |
| Return on equity | 12.83% | 13.40% | 13.42% | 13.76% | 12.54% | 12.92% | 11.71% | 10.41% |
| Net interest margin | 3.12% | 3.02% | 3.04% | 3.04% | 3.00% | 2.93% | 2.86% | 2.81% |
| Efficiency ratio | 76.0% | 75.9% | 75.0% | 74.3% | 76.6% | 75.0% | 75.3% | 76.9% |
| Noncurrent loans | 1.36% | 1.13% | 1.18% | 1.15% | 1.38% | 1.29% | 0.16% | 0.18% |
| Net charge-off rate | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Leverage (core capital) ratio | 7.82% | 7.39% | 7.36% | 7.49% | 7.30% | 7.31% | 7.31% | 7.44% |
| Total risk-based capital ratio | 13.73% | 12.94% | 12.81% | 12.94% | 12.62% | 12.57% | 12.51% | 12.73% |
Assets grew 5.3% from Q2 2025.
Loan mix
Share of gross loans, Q2 2026
- Real estate loans$1.05B94.6%
- Commercial and industrial loans$30.61M2.7%
- Consumer loans$1.99M0.2%
Find bank branches in Vermont · Employees: 190
Frequently asked questions
- What is Union Bank's FDIC certificate number?
- Union Bank's FDIC certificate number is 14158.
- How big is Union Bank?
- Union Bank reported total assets of $1.56B and deposits of $1.1B as of Q2 2026.
- Is Union Bank FDIC insured?
- Yes. Union Bank has been insured by the FDIC since 03/31/1934. Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
Source: Federal Deposit Insurance Corporation, BankFind Suite (Call Report data) · Last updated 06/30/2026