The Union Banking Company: how it compares with its peers
Against 27 OH banks with half to twice its assets, The Union Banking Company's strongest measure in Q2 2026 is assets per employee ($6.1M vs. a $4.8M peer median). Its weakest relative measure is net interest margin (1.98% vs. 3.72%).
| Measure | The Union Banking Company | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.24% | 0.75% | Bottom third Ahead of 15% of peers |
| Net interest margin Annualized net interest income over earning assets. | 1.98% | 3.72% | Bottom third Ahead of 4% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 87.03% | 78.74% | Bottom third Ahead of 19% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.1M | $4.8M | Top third Ahead of 70% of peers |
| Loans to deposits Net loans and leases over total deposits. | 18.48% | 76.28% | Context |
What it means for lending operations
Its efficiency ratio of 87.03% is above the 78.74% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- The Pioneer Savings Bank Cleveland, OH · $55M
- Liberty Bank Ironton, OH · $56M
- Community First Bank, National Association Forest, OH · $56M
- Fortuna Bank Grandview Heights, OH · $57M
- The Waterford Commercial and Savings Bank Waterford, OH · $60M
- The Peoples Bank Gambier, OH · $60M
Questions about The Union Banking Company
How big is The Union Banking Company?
The Union Banking Company, established in 1928, is headquartered in West Mansfield, OH. It reported $55M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is The Union Banking Company's return on assets?
0.24% annualized in Q2 2026, against a 0.75% median for 27 OH banks with half to twice its assets, ahead of 15% of them.
What is The Union Banking Company's efficiency ratio?
87.03% in Q2 2026: it spent about 87 cents in noninterest expense for each dollar of revenue. The peer median is 78.74%, and lower is better.
Is The Union Banking Company growing its loans?
Net loans grew 39.1% over the year to Q2 2026, while deposits grew 8.1%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are OH banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Ohio bank ranked.