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Union Banking Company, The

West Mansfield, OH · Cert 15326 · Union Bcorp Inc.

State charter, non-member · FDIC · 2 branches

Q2 2026

$54.5MAssets
$8.5MLoans
$45.4MDeposits
$1.3MEquity
Loan mix
98%RE $8.0M1%C&I $0.1M2%Consumer $0.1MQ2 2025Q2 2026
Deposit mix
82%Interest-bearing $37.4M18%Noninterest $8.0MQ2 2025Q2 2026

NIM

3.19%Q2 ’243.21%Q2 ’253.29%Q2 ’26-5%+12%

Non-interest income vs. expense

1.37%Q2 ’241.44%Q2 ’251.51%Q2 ’26+5%+6%

Executive Summary

  • Earnings: ROA of 0.28%, up 6 bps year over year; NIM at 1.76%.
  • Asset quality: problem loans at 0.67% of loans (-29 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 10.77%, down 44 bps from a year ago.
  • Funding: loans stand at 18.66% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

0.28%+6 bps YoY

Net Interest Margin (quarter, annualized)

1.76%+19 bps YoY

Efficiency Ratio (quarter, annualized)

80.65%-448 bps YoY

Tier 1 Leverage Ratio

10.77%-44 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.22%0.09%0.07%0.09%0.28%+6 bps
Return on Equity67.19%6.88%2.72%4.00%13.54%-5,365 bps
Net Interest Margin1.57%1.52%1.54%1.64%1.76%+19 bps
Efficiency Ratio85.12%93.94%95.38%94.07%80.65%-448 bps
Non-Interest Burden1.32%1.42%1.47%1.54%1.40%+7 bps
Growth
Asset Growth (YoY)-4.12%-2.46%2.58%3.53%8.45%+1,258 bps
Loan Growth (YoY)-16.67%-11.40%-0.42%18.86%38.70%+5,537 bps
Deposit Growth (YoY)-2.90%-2.29%-0.66%3.26%8.07%+1,097 bps
Asset Quality
Nonperforming Loans / Loans0.97%0.95%0.81%1.74%0.67%-29 bps
Net Charge-Offs / Loans-0.13%0.00%0.00%0.00%0.00%+13 bps
Allowance / Loans1.29%1.29%1.12%0.94%0.99%-30 bps
Allowance Coverage of NPLs1.3x1.4x1.4x0.5x1.5x+0.1x
Capital
Tier 1 Leverage Ratio11.20%11.32%11.16%11.12%10.77%-44 bps
Total Risk-Based Capital38.70%37.75%37.68%34.40%34.34%-437 bps
Equity / Assets0.21%2.29%2.68%1.82%2.38%+217 bps
Liquidity & Funding
Loans / Deposits14.54%14.62%16.78%18.56%18.66%+412 bps
Liquid Assets / Assets0.92%0.91%0.80%0.78%0.77%-15 bps
CRE / Total Capitaln/a9.01%14.10%18.80%n/an/a