Atlantic Union Bank
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Data as of · sourced from FFIEC call reports. How we update
Atlantic Union Bank is an FDIC-insured commercial bank headquartered in Richmond, VA, established in 1997 (FDIC certificate 34589), and it is supervised by the Federal Reserve. At Q2 2026 it reported total assets of $38.02B, up 2.2% from Q2 2025, the 3rd largest of 56 banks headquartered in Virginia. Its CET1 capital ratio was 13.02% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- Federal Reserve
- Deposit insurance
- FDIC
- FDIC certificate
- 34589
- Headquarters
- Richmond, VA
- Established
- 1997
- Total assets, Q2 2026
- $38.02B
- Assets vs Q2 2025
- +2.2%
- CET1 ratio, Q2 2026
- 13.02%
- Domestic offices
- 184 FDIC institution directory, current count
- Routing number
- 051403164
- Latest call report
- Q2 2026, FFIEC 041 · Atlantic Union Bank call report
- Holding company
- ATLANTIC UNION BANKSHARES CORPORATION
- Asset rank in state
- 3rd of 56 in Virginia
Atlantic Union Bank, based in Richmond, Virginia, reported $38.0 billion in assets at June 30, 2026, up 2.2% from a year earlier. It lost 1.6% of its deposits over the year, lower than about 9 in 10 of the 127 banks with $10 billion to $100 billion in assets (median 5.7%). It also spends about 43 cents to bring in each dollar of revenue, lower than about three-quarters of banks its size (median 53 cents).
Loans and deposits moved in opposite directions: over the year loans rose 4.9% and deposits fell 1.6%. Problem loans eased: loans on nonaccrual or 90 or more days past due, net of government guarantees, were 0.49% of loans, down from 0.73% a year earlier. Concentration is the risk to watch: it holds commercial real estate loans worth 2.7 times its capital, higher than about three-quarters of banks its size (median 2.2 times).
As of June 30, 2026, Atlantic Union Bank reported a CET1 capital ratio of 13.02%, a return on assets of 1.81%, a nonperforming-loan ratio of 0.50% and a Texas ratio of 3.64%. The figures come from its call report filed with the FFIEC.
Atlantic Union Bank ranks as the 3rd largest of the 56 banks based in Virginia, by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 2.1% to $38.02B, loans rose 2.6% and deposits rose 0.5%. Non-owner-occupied commercial real estate loans made up 25.5% of its total loans on June 30, 2026, its largest category; next came commercial and industrial loans at 19.6%. Judged on its Q2 2026 call report, Atlantic Union Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 1051 E Cary St, Richmond, VA 23219
- County
- Richmond City
- Metro Area
- Richmond, VA
- Charter
- Commercial bank, state charter, Fed member, FRB-supervised
- Primary Regulator
- Federal Reserve
- FDIC Region
- Atlanta (Region 5)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 5, Richmond
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 041
- Established
- November 4, 1997
- Former names
- Union Bank & Trust (2015-2019); Union First Market Bank (2010-2015); First Market Bank (2010)
- Domestic offices
- 184 FDIC institution directory, current count
- Employees (FTE)
- 3,073
- Domestic deposits
- $30.58B
- Allowance for credit losses
- $298.8M
- Net charge-offs (YTD)
- $3.6M
- Average total assets
- $37.63B
- Average total loans
- $27.56B
- Average interest-bearing deposits
- $29.57B
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- No
- FDIC-insured since
- November 4, 1997
- FDIC Cert
- 34589
- Fed RSSD
- 693224
- SEC CIK
- 883948 → filed by ATLANTIC UNION BANKSHARES CORPORATION
- Website
- www.atlanticunionbank.com →
- Parent Holding Company
- ATLANTIC UNION BANKSHARES CORPORATION (RSSD 1971693) · AUB
Management
Senior officers at parent holding company, from SEC Form 3/4/5 disclosures
| Name | Role | Title |
|---|---|---|
| John C Asbury | CEO | PRESIDENT AND CEO |
| Gorman Robert Michael | CFO | EVP AND CFO |
| Douglas F. Woolley Iii | CCO | EVP & CCO |
| Bradley S. Haun | CRO | EVP and Chief Risk Officer |
| Rachael R Lape | GC | EVP & GENERAL COUNSEL |
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, Atlantic Union Bank's total assets ranged from $20.62B (Q3 2023) to $38.02B (Q2 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$38.02B total assets against $37.20B; $32.23B total liabilities against $31.73B.
$28.40B net loans and leases against $27.05B; $30.58B total deposits against $31.07B.
$4.73B securities against $4.63B; $993.9M cash and balances due against $1.59B.
$486.8M total interest income against $510.3M; $151.9M total interest expense against $175.7M.
$334.9M net interest income against $334.6M.
$94.2M total noninterest income against $71.5M; $199.5M total noninterest expense against $268.4M.
$11.7M provision for credit losses against $105.7M.
$170.0M net income against $31.8M.
1.81% return on assets against 0.33%; 3.97% net interest margin against 3.90%.
13.02% CET1 capital ratio against 12.48%; 11.45% tier 1 leverage ratio against 10.46%.
Inside the full Atlantic Union Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
Atlantic Union Bank rankings
Its closest position to the top of a national ranking is 58 of 4,196, for total assets; its furthest is 1,394 of 2,134, for CET1 ratio.
Banks merged into Atlantic Union Bank
- Sandy Spring Bank, effective April 1, 2025
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.33% (Q2 2025) to 1.81% (Q2 2026) and its net interest margin ran from 3.34% (Q4 2024) to 4.06% (Q4 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 13.02% | 1.81% | 0.50% | 3.64% | 3.97% |
| Q1 2026 | 13.10% | 1.44% | 0.44% | 3.25% | 3.87% |
| Q4 2025 | 13.02% | 1.30% | 0.54% | 3.84% | 4.06% |
| Q3 2025 | 12.80% | 1.12% | 0.55% | 3.90% | 3.93% |
| Q2 2025 | 12.48% | 0.33% | 0.74% | 5.43% | 3.90% |
| Q1 2025 | 12.40% | 0.96% | 0.41% | 3.28% | 3.39% |
| Q4 2024 | 12.44% | 1.15% | 0.39% | 3.20% | 3.34% |
| Q3 2024 | 12.25% | 1.32% | 0.28% | 2.46% | 3.40% |
Swipe the table sideways to see every column.
Branch Network
View all 177 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Atlantic Union Bank (main office) | Richmond City , VA | 23219 | $4.46B |
| Reston Branch | Reston , VA | 20190 | $1.30B |
| Bowling Green Branch | Bowling Green , VA | 22427 | $1.21B |
| Rockville Branch | Rockville , MD | 20852 | $539.7M |
| Olney Georgia Avenue Branch | Olney , MD | 20832 | $455.9M |
| American National Bank Branch | Danville , VA | 24541 | $448.0M |
| Clarksville Branch | Clarksville , MD | 21029 | $374.5M |
| Arbor Drive Branch | Christiansburg , VA | 24073 | $341.0M |
| Catoctin Circle Branch | Leesburg , VA | 20175 | $328.1M |
| Chantilly Branch | Chantilly , VA | 20151 | $308.2M |
| Chancellor Branch | Fredericksburg , VA | 22407 | $301.1M |
| Ellicot City Branch | Ellicott City , MD | 21043 | $300.4M |
| Staples Mill Square Branch | Richmond , VA | 23228 | $299.4M |
| Gaithersburg Square Branch | Gaithersburg , MD | 20877 | $286.7M |
| Ashland Branch | Ashland , VA | 23005 | $285.1M |
| Bethesda Branch | Bethesda , MD | 20814 | $278.8M |
| Three Chopt Branch | Richmond , VA | 23226 | $269.9M |
| Four Mile Fork Branch | Fredericksburg , VA | 22408 | $269.4M |
| Wildwood Branch | Bethesda , MD | 20814 | $263.3M |
| Colesville Branch | Colesville , MD | 20904 | $259.4M |
| Airpark Community Branch | Gaithersburg , MD | 20879 | $252.6M |
| New Tysons Corner Branch | Vienna , VA | 22182 | $244.2M |
| Fairfax Branch | Fairfax , VA | 22031 | $239.9M |
| Broadview Branch | Warrenton , VA | 20186 | $237.2M |
| Kenmore Avenue Branch | Fredericksburg , VA | 22401 | $225.7M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| April 1, 2025 | Structure Change | Acquired Sandy Spring Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| April 1, 2025 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| April 1, 2024 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| April 1, 2024 | Structure Change | Acquired American National Bank and Trust Company Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| February 1, 2019 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| February 1, 2019 | Structure Change | Acquired Access National Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| January 1, 2018 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| January 1, 2018 | Structure Change | Acquired Xenith Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| May 10, 2014 | Structure Change | Acquired StellarOne Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| May 10, 2014 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| October 12, 2010 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| October 12, 2010 | Structure Change | Acquired Northern Neck State Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| March 20, 2010 | Structure Change | Acquired another institution Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| March 20, 2010 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| November 1, 2008 | Structure Change | Acquired Bay Community Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| March 15, 2008 | Structure Change | Acquired Prosperity Bank and Trust Company Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| September 11, 2004 | Structure Change | Acquired Guaranty Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| June 26, 1999 | Structure Change | Acquired King George State Bank, Inc. Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 18 events, scroll the table for the full history.
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- None against the institution on file; 2 against individuals associated with it
- Period: Most recent action May 19, 2026. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 7.1% of deposits in VA, rank 5 of 102 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 7,817 applications, 5,109 loans originated, $1.54B originated, across 27 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 58 loans, $42.4M approved, $730K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Consumer complaints
- 64 complaints in the last 4 full quarters. Raw counts, not adjusted for size
- Period: 2025-Q4 to 2026-Q3. Source: CFPB consumer complaint database.
- Not on file
- CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Atlantic Union Bank
What are Atlantic Union Bank's total assets?
As of the Q2 2026 filing, Atlantic Union Bank reported total assets of $38.02 billion in its FFIEC call report.
Where is Atlantic Union Bank headquartered?
It is headquartered in Richmond, VA, United States.
When was Atlantic Union Bank founded?
It was established in 1997, per the FDIC institution directory.
Is Atlantic Union Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #34589). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Atlantic Union Bank?
Atlantic Union Bank's primary federal regulator is the Federal Reserve.
What is Atlantic Union Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 13.02% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Atlantic Union Bank operate?
It operates 184 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Atlantic Union Bank's Texas Ratio?
Its Texas Ratio is 3.64% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
What was Atlantic Union Bank previously called?
The charter now named Atlantic Union Bank has also operated as Union Bank & Trust (2015-2019), Union First Market Bank (2010-2015), First Market Bank (2010), per FDIC structure-change records.
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