Union State Bank (West Salem, WI)
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Data as of · sourced from FFIEC call reports. How we update
Union State Bank is an FDIC-insured commercial bank headquartered in West Salem, WI, established in 1903 (FDIC certificate 14560), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $117.6M, up 4.1% from Q2 2025, the 138th largest of 153 banks headquartered in Wisconsin. It reports no CET1 ratio; its Tier 1 leverage ratio was 12.15% 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
- 14560
- Headquarters
- West Salem, WI
- Established
- 1903
- Total assets, Q2 2026
- $117.6M
- Assets vs Q2 2025
- +4.1%
- Tier 1 leverage ratio, Q2 2026
- 12.15%
- Domestic offices
- 2 FDIC institution directory, current count
- Routing number
- 091803818
- Asset rank in state
- 138th of 153 in Wisconsin
Union State Bank, based in West Salem, Wisconsin, reported $118 million in assets at June 30, 2026, up 4.1% from a year earlier. It holds commercial real estate loans equal to only 33% 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.
Earnings jumped: net income for the quarter was $380,000, 65% above the same quarter a year earlier. Its $8.7 million commercial and industrial book is improving, with 0.88% past due or on nonaccrual, down from 2.50% a year earlier.
As of June 30, 2026, Union State Bank reported a return on assets of 1.27%, a nonperforming-loan ratio of 0.14% and a Texas ratio of 0.83%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, Union State Bank is the 138th largest of the 153 banks headquartered in Wisconsin. From Q1 2026 to Q2 2026, its total assets fell 1.2% to $117.6M, loans rose 4.8% and deposits fell 1.7%. Its loan book on June 30, 2026 was led by 1-4 family residential loans, at 44.9% of total loans, followed by owner-occupied commercial real estate loans at 14.9%. Its 2 offices in the FDIC Summary of Deposits are in West Salem, WI. On its Q2 2026 call report, Union State Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 120 Mill St S, West Salem, WI 54669
- County
- La Crosse
- Metro Area
- La Crosse-Onalaska, WI-MN
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- No
- Federal Reserve district
- District 9, Minneapolis
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- August 25, 1903
- Domestic offices
- 2 FDIC institution directory, current count
- Employees (FTE)
- 16
- Domestic deposits
- $97.4M
- Allowance for credit losses
- $693K
- Net charge-offs (YTD)
- $0
- Average total assets
- $119.9M
- Average total loans
- $76.4M
- Average interest-bearing deposits
- $79.4M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 14560
- Fed RSSD
- 903754
- Website
- www.usbwestsalem.com →
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, Union State 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, Union State Bank's total assets ran between $109.8M (Q1 2024) and $125.3M (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
$117.6M total assets against $113.0M; $105.3M total liabilities against $102.6M.
$77.5M net loans and leases against $72.3M; $97.4M total deposits against $93.2M.
$30.5M securities against $30.7M; $5.0M cash and balances due against $5.2M.
$1.6M total interest income against $1.5M; $511K total interest expense against $554K.
$1.1M net interest income against $904K.
$126K total noninterest income against $122K; $703K total noninterest expense against $718K.
$23K provision for credit losses against $17K.
$380K net income against $230K.
1.27% return on assets against 0.80%; 3.83% net interest margin against 3.31%.
12.15% tier 1 leverage ratio against 11.53%.
Inside the full Union State Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeUnion State Bank rankings
Its closest position to the top of a national ranking is 1,523 of 3,606, for efficiency ratio; its furthest is 3,534 of 4,196, for total assets.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.40% (Q3 2024) to 1.38% (Q1 2026) and its net interest margin ran from 3.11% (Q3 2024) to 3.83% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 12.15% | 1.27% | 0.14% | 0.83% | 3.83% |
| Q1 2026 | 11.40% | 1.38% | 0.15% | 0.89% | 3.61% |
| Q4 2025 | 11.47% | 1.21% | 0.17% | 1.05% | 3.66% |
| Q3 2025 | 11.72% | 0.84% | 0.25% | 1.57% | 3.49% |
| Q2 2025 | 11.53% | 0.80% | 0.33% | 2.18% | 3.31% |
| Q1 2025 | 11.04% | 0.69% | 0.00% | 0.00% | 3.36% |
| Q4 2024 | 11.37% | 0.80% | 0.05% | 0.35% | 3.31% |
| Q3 2024 | 11.27% | 0.40% | 0.00% | 0.00% | 3.11% |
Swipe the table sideways to see every column.
Branch Network
View all 2 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 |
|---|---|---|---|
| Union State Bank (main office) | West Salem , WI | 54669 | $77.4M |
| Union Station Branch | West Salem , WI | 54669 | $20.0M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in WI, rank 157 of 185 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Not on file
- Enforcement actions, Mortgage lending (HMDA), SBA 7(a) lending, Consumer complaints, 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 Union State Bank
What are Union State Bank's total assets?
As of the Q2 2026 filing, Union State Bank reported total assets of $117.6 million in its FFIEC call report.
Where is Union State Bank headquartered?
It is headquartered in West Salem, WI, United States.
When was Union State Bank founded?
It was established in 1903, per the FDIC institution directory.
Is Union State Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #14560). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Union State Bank?
Union State Bank's primary federal regulator is the FDIC.
How many branches does Union State Bank operate?
It operates 2 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Union State Bank's Texas Ratio?
Its Texas Ratio is 0.83% 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.
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