The Union Bank
BankRegReports is independent of The Union Bank and never asks for online banking logins or passwords.
Data as of · sourced from FFIEC call reports. How we update
The Union Bank is an FDIC-insured commercial bank headquartered in Beulah, ND, established in 1899 (FDIC certificate 9420), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $312.2M, up 0.8% from Q2 2025, the 29th largest of 60 banks headquartered in North Dakota. It reports no CET1 ratio; its Tier 1 leverage ratio was 10.12% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 9420
- Headquarters
- Beulah, ND
- Established
- 1899
- Total assets, Q2 2026
- $312.2M
- Assets vs Q2 2025
- +0.8%
- Tier 1 leverage ratio, Q2 2026
- 10.12%
- Domestic offices
- 6 FDIC institution directory, current count
- Routing number
- 091310741
- Latest call report
- Q2 2026, FFIEC 051 · The Union Bank call report
- Holding company
- UNION HOLDING COMPANY
- Asset rank in state
- 29th of 60 in North Dakota
The Union Bank, based in Beulah, North Dakota, reported $312 million in assets at June 30, 2026. It holds commercial real estate loans equal to only 17% of its capital, a small fraction of the median of 1.2 times for the 2,660 banks with $100 million to $1 billion in assets. It also lost 3.0% of its deposits over the year, lower than about three-quarters of banks its size (median 4.0%).
Problem loans eased: loans on nonaccrual or 90 or more days past due, net of government guarantees, were 1.38% of loans, down from 2.24% a year earlier. Loans and deposits moved in opposite directions: over the year loans rose 2.9% and deposits fell 3.0%. Credit is the area to watch: it carries problem assets equal to 8.7% of the capital and reserves that would absorb them, about triple the median of 2.6% for banks its size.
As of June 30, 2026, The Union Bank reported a return on assets of 1.06%, a nonperforming-loan ratio of 1.38% and a Texas ratio of 8.71%. The figures come from its call report filed with the FFIEC.
The Union Bank ranks as the 29th largest of the 60 banks based in North Dakota, by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets fell 4.1% to $312.2M, loans fell 0.6% and deposits fell 9.5%. Its loan book on June 30, 2026 was led by farmland and other real estate loans, at 35.3% of total loans, followed by agricultural production loans at 21.0%. The FDIC Summary of Deposits lists 6 offices for it, in 5 cities in ND; its Halliday office books 25% of its branch deposits. Judged on its Q2 2026 call report, The Union Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 1700 Highway 49 N, Beulah, ND 58523
- County
- Mercer
- Metro Area
- Dickinson, ND
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- No
- Federal Reserve district
- District 9, Minneapolis
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- January 1, 1899
- Former names
- The Union Bank (1933)
- Domestic offices
- 6 FDIC institution directory, current count
- Employees (FTE)
- 53
- Domestic deposits
- $266.2M
- Allowance for credit losses
- $2.1M
- Net charge-offs (YTD)
- $1K
- Average total assets
- $322.4M
- Average total loans
- $195.9M
- Average interest-bearing deposits
- $235.7M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 9420
- Fed RSSD
- 852254
- SEC CIK
- 1589668 → filed by UNION HOLDING COMPANY
- Website
- www.theunionbank.com →
- Parent Holding Company
- UNION HOLDING COMPANY (RSSD 1126372)
Profitability
Q2 annualizedBalance 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. As a community bank leverage ratio filer, The Union Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, The Union Bank's total assets ran between $266.7M (Q3 2023) and $327.2M (Q4 2025), 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
$312.2M total assets against $309.7M; $282.0M total liabilities against $283.3M.
$193.0M net loans and leases against $187.7M; $266.2M total deposits against $274.3M.
$96.8M securities against $97.6M; $5.3M cash and balances due against $7.1M.
$4.5M total interest income against $4.5M; $1.3M total interest expense against $1.4M.
$3.3M net interest income against $3.1M.
$145K total noninterest income against $140K; $2.3M total noninterest expense against $2.1M.
$60K provision for credit losses against $60K.
$856K net income against $889K.
1.06% return on assets against 1.14%; 4.30% net interest margin against 4.26%.
10.12% tier 1 leverage ratio against 9.52%.
Inside the full The Union Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeThe Union Bank rankings
Its closest position to the top of a national ranking is 752 of 3,640, for Texas Ratio; its furthest is 2,362 of 3,611, for ROA.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.70% (Q3 2024) to 1.70% (Q1 2026) and its net interest margin ran from 3.53% (Q3 2024) to 4.30% (Q4 2025).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 10.12% | 1.06% | 1.38% | 8.71% | 4.30% |
| Q1 2026 | 9.58% | 1.70% | 1.38% | 9.22% | 4.22% |
| Q4 2025 | 9.43% | 1.19% | 1.74% | 11.97% | 4.30% |
| Q3 2025 | 9.18% | 0.95% | 2.67% | 18.40% | 4.06% |
| Q2 2025 | 9.52% | 1.14% | 2.24% | 15.88% | 4.26% |
| Q1 2025 | 9.34% | 0.76% | 2.83% | 19.96% | 3.75% |
| Q4 2024 | 9.42% | 0.81% | 2.44% | 18.35% | 3.74% |
| Q3 2024 | 9.76% | 0.70% | 2.59% | 18.02% | 3.53% |
Swipe the table sideways to see every column.
Branch Network
View all 6 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 |
|---|---|---|---|
| Halliday Branch | Halliday , ND | 58636 | $65.4M |
| Glen Ullin Branch | Glen Ullin , ND | 58631 | $61.4M |
| The Union Bank | Beulah , ND | 58523 | $53.1M |
| The Union Bank - Wilton Branch | Wilton , ND | 58579 | $52.3M |
| The Union Bank - Hazen Branch | Hazen , ND | 58545 | $28.3M |
| South Beulah Branch | Beulah , ND | 58523 | $5.6M |
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 |
|---|---|---|---|
| October 31, 2020 | Structure Change | Acquired Bank of Glen Ullin Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| October 30, 2020 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| August 1, 2013 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| August 1, 2013 | Structure Change | Acquired First State Bank of Wilton 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 4 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.6% of deposits in ND, rank 31 of 70 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 5 loans, $1.4M approved, $286K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2020 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
Add this badge to your website
Free to use. It shows The Union Bank’s latest filed figures and updates each quarter.
Similar banks
Frequently asked about The Union Bank
What are The Union Bank's total assets?
As of the Q2 2026 filing, The Union Bank reported total assets of $312.2 million in its FFIEC call report.
Where is The Union Bank headquartered?
It is headquartered in Beulah, ND, United States.
When was The Union Bank founded?
It was established in 1899, per the FDIC institution directory.
Is The Union Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #9420). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates The Union Bank?
The Union Bank's primary federal regulator is the FDIC.
How many branches does The Union Bank operate?
It operates 6 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is The Union Bank's Texas Ratio?
Its Texas Ratio is 8.71% 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 The Union Bank previously called?
The charter now named The Union Bank has also operated as The Union Bank (1933), per FDIC structure-change records.
Go deeper on The Union Bank.
Get an email when The Union Bank files its next call report, and benchmark it against any peer you choose.
Unlock The Union Bank, freeFree account