Union Bank and Trust Company: how it compares with its peers
Against 98 MN banks with half to twice its assets, Union Bank and Trust Company's strongest measure in Q2 2026 is net interest margin (4.02% vs. a 3.99% peer median). Its weakest relative measure is efficiency ratio (73.86% vs. 62.17%).
| Measure | Union Bank and Trust Company | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.87% | 1.31% | Bottom third Ahead of 20% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.02% | 3.99% | Middle third Ahead of 53% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 73.86% | 62.17% | Bottom third Ahead of 17% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.8M | $7.4M | Bottom third Ahead of 21% of peers |
| Loans to deposits Net loans and leases over total deposits. | 49.16% | 76.51% | Context |
What it means for lending operations
Its efficiency ratio of 73.86% is above the 62.17% 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
- VisionBank Saint Louis Park, MN · $254M
- Drake Bank Saint Paul, MN · $247M
- Cornerstone State Bank Montgomery, MN · $247M
- Grand Rapids State Bank Grand Rapids, MN · $261M
- Security Bank USA Bemidji, MN · $264M
- First Farmers & Merchants National Bank Luverne, MN · $243M
Questions about Union Bank and Trust Company
How big is Union Bank and Trust Company?
Union Bank and Trust Company, established in 1976, is headquartered in Minneapolis, MN. It reported $253M in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is Union Bank and Trust Company's return on assets?
0.87% annualized in Q2 2026, against a 1.31% median for 98 MN banks with half to twice its assets, ahead of 20% of them.
What is Union Bank and Trust Company's efficiency ratio?
73.86% in Q2 2026: it spent about 74 cents in noninterest expense for each dollar of revenue. The peer median is 62.17%, and lower is better.
Is Union Bank and Trust Company growing its loans?
Net loans grew 7.4% over the year to Q2 2026, while deposits grew 28.3%.
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 MN 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 Minnesota bank ranked.