Union State Bank of Hazen
Also written as USB of Hazen
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Data as of · sourced from FFIEC call reports. How we update
Union State Bank of Hazen is an FDIC-insured commercial bank headquartered in Hazen, ND, supervised by the FDIC, with $257.4M in total assets at Q2 2026, up 9.1% from Q2 2025, the 31st largest of 60 banks headquartered in North Dakota. It was established in 1908 and holds FDIC certificate 13195. It reports no CET1 ratio; its Tier 1 leverage ratio was 8.96% at Q2 2026, not above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 13195
- Headquarters
- Hazen, ND
- Established
- 1908
- Total assets, Q2 2026
- $257.4M
- Assets vs Q2 2025
- +9.1%
- Tier 1 leverage ratio, Q2 2026
- 8.96%
- Domestic offices
- 4 · Union State Bank of Hazen branches FDIC institution directory, current count
- Routing number
- 091302788
- Safety and soundness
- Is Union State Bank of Hazen safe?
- Latest call report
- Q2 2026, FFIEC 051 · Union State Bank of Hazen Q3 2026 call report, filed October 16, 2026 (preliminary)
- Holding company
- HAZEN BANCORPORATION, INC.
- Asset rank in state
- 31st of 60 in North Dakota
Union State Bank of Hazen operates with a thinner capital cushion than most banks of its size. It reported $257 million in assets at June 30, 2026, up 9.1% from a year earlier. It funds 8.96% of its assets with Tier 1 capital, lower than about three-quarters of the 2,627 banks with $100 million to $1 billion in assets (median 10.99%). It also grew its loan book 11.1% over the year, about double the median of 5.5% for banks its size.
Its $15 million commercial and industrial book is improving, with 5.30% past due or on nonaccrual, down from 8.05% a year earlier. Earnings jumped: net income for the quarter was $665,000, 31% above the same quarter a year earlier. One more trend to watch: loans are outrunning deposits: over the year loans rose 11.1% and deposits rose 3.5%.
As of June 30, 2026, Union State Bank of Hazen reported a return on assets of 1.02%, a nonperforming-loan ratio of 0.88% and a Texas ratio of 6.97%. The figures come from its call report filed with the FFIEC.
Of the 60 banks headquartered in North Dakota, Union State Bank of Hazen is the 31st largest by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets rose 2.2% to $257.4M, loans rose 3.4% and deposits fell 2.2%. Its loan book on June 30, 2026 was led by 1-4 family residential loans, at 25.1% of total loans, followed by farmland and other real estate loans at 14.7%. The FDIC Summary of Deposits lists 4 offices for it, in Hazen, ND, Beulah, ND and Stanton, ND; its Hazen 2 offices book 79% of its branch deposits. Judged on its Q2 2026 call report, Union State Bank of Hazen is inside the community bank leverage ratio grace band.
Headquarters Profile
- Address
- 209 Central Ave N, Hazen, ND 58545
- County
- Mercer
- 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, 1908
- Domestic offices
- 4 FDIC institution directory, current count
- Employees (FTE)
- 43
- Domestic deposits
- $226.7M
- Allowance for credit losses
- $2.5M
- Net charge-offs (YTD)
- $6K
- Average total assets
- $259.9M
- Average total loans
- $146.6M
- Average interest-bearing deposits
- $200.0M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 13195
- Fed RSSD
- 855956
- Website
- www.betterstate.com →
- Parent Holding Company
- HAZEN BANCORPORATION, INC. (RSSD 1128590)
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 of Hazen reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Union State Bank of Hazen's total assets moved between a low of $215.5M (Q3 2023) and a high of $257.4M (Q2 2026) from Q3 2023 to Q2 2026, and it earned a profit in 11 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$257.4M total assets against $236.0M; $238.4M total liabilities against $219.7M.
$146.0M net loans and leases against $131.4M; $226.7M total deposits against $219.0M.
$95.9M securities against $89.0M; $7.4M cash and balances due against $8.1M.
$3.2M total interest income against $2.8M; $966K total interest expense against $940K.
$2.2M net interest income against $1.9M.
$229K total noninterest income against $236K; $1.6M total noninterest expense against $1.5M.
$150K provision for credit losses against $53K.
$665K net income against $508K.
1.02% return on assets against 0.87%; 3.65% net interest margin against 3.40%.
8.96% tier 1 leverage ratio against 9.19%.
Inside the full Union State Bank of Hazen terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeUnion State Bank of Hazen rankings
Its closest position to the top of a national ranking is 954 of 3,640, for Texas Ratio; its furthest is 2,452 of 3,611, for ROA.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.22% (Q4 2024) to 1.98% (Q3 2024) and its net interest margin ran from 2.98% (Q3 2024) to 3.65% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 8.96% | 1.02% | 0.88% | 6.97% | 3.65% |
| Q1 2026 | 9.08% | 1.13% | 0.82% | 6.34% | 3.64% |
| Q4 2025 | 9.17% | 0.92% | 1.02% | 6.57% | 3.58% |
| Q3 2025 | 9.16% | 1.00% | 1.08% | 7.05% | 3.38% |
| Q2 2025 | 9.19% | 0.87% | 1.25% | 8.99% | 3.40% |
| Q1 2025 | 9.23% | 0.75% | 1.36% | 9.27% | 3.32% |
| Q4 2024 | 8.95% | 0.22% | 1.15% | 8.62% | 3.14% |
| Q3 2024 | 8.70% | 1.98% | 1.03% | 7.52% | 2.98% |
Swipe the table sideways to see every column.
Branch Network
View all 4 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 of Hazen (main office) | Hazen , ND | 58545 | $179.8M |
| Union State Bank - Beulah Branch | Beulah , ND | 58523 | $30.4M |
| Paying and Receiving Branch | Stanton , ND | 58571 | $16.5M |
| Union State Bank | Hazen , ND | 58545 | $0 |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.5% of deposits in ND, rank 34 of 70 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $80K approved, $80K 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).
- 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
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Frequently asked about Union State Bank of Hazen
What are Union State Bank of Hazen's total assets?
As of the Q2 2026 filing, Union State Bank of Hazen reported total assets of $257.4 million in its FFIEC call report.
Where is Union State Bank of Hazen headquartered?
It is headquartered in Hazen, ND, United States.
When was Union State Bank of Hazen founded?
It was established in 1908, per the FDIC institution directory.
Is Union State Bank of Hazen FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #13195). 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 of Hazen?
Union State Bank of Hazen's primary federal regulator is the FDIC.
How many branches does Union State Bank of Hazen operate?
It operates 4 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 of Hazen's Texas Ratio?
Its Texas Ratio is 6.97% 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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