# UNION STATE BANK
FLORENCE, TX · FDIC certificate 11886 · asset band $300M-1B · latest filing 2018-09 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 3 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $467.3M | |
| Deposits | $407.5M | |
| Loans and leases | $247.9M | |
| Total equity | $47.5M | |
| Loans / deposits | 60.74% (p11 of band) | 86.40% |
| Liquid assets / assets | 39.86% (p86 of band) | |
| Uninsured deposits / deposits | 31.02% (p77 of band) | 21.53% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 2.30% (p32 of band) | |
| FHLB advances / assets | 0.19% | |
| Tier 1 leverage | 8.21% (p3 of band) | 10.49% |
| Unrealized securities loss / equity | -7.28% (p20 of band) | -3.26% |
| AOCI / equity | -5.75% (p11 of band) | |
| ROA (annualized) | 0.55% (p11 of band) | 1.12% |
| Net interest margin | 3.36% (p24 of band) | 3.75% |
| Efficiency ratio | 72.58% (p73 of band) | |
| Noncurrent loans | 2.43% (p94 of band) | 0.51% |
| Net charge-offs (annualized) | 0.02% (p48 of band) | |
| Reserve coverage of noncurrent | 6.48% | |
| Real estate % of loans | 88% | |
| Construction % of loans | 105.88% (p92 of band) | |
| Auto loans | $668,000 (0.27% of loans; DQ 0.90%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p44 of band) | |
| Deposits YoY | -0.8% | |
| Employees | 83 | |

## Flags firing in the latest filing

- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)
- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 1 | capital falling |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 0 |  | capital falling |
| 2013-03 | 0 |  |  |
| 2013-06 | 1 | AOCI drag >20% of equity |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 0 |  | AOCI drag >20% of equity |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 0 |  |  |
| 2015-03 | 1 | capital falling |  |
| 2015-06 | 0 |  | capital falling |
| 2015-09 | 0 |  |  |
| 2015-12 | 2 | deposits shrinking, uninsured deposits leaving |  |
| 2016-03 | 3 | assets shrinking |  |
| 2016-06 | 0 |  | deposits shrinking, uninsured deposits leaving, assets shrinking |
| 2016-09 | 0 |  |  |
| 2016-12 | 1 | construction >100% equity |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 0 |  | construction >100% equity |
| 2017-12 | 0 |  |  |
| 2018-03 | 1 | reserve under noncurrent |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 3 | noncurrent p90, construction >100% equity |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2018-03-12 [Union State Bank branches sold to Citizens National Bank - lhindependent.com](https://news.google.com/rss/articles/CBMi5AFBVV95cUxPb0tMa2RNME9vQXFrbXVUeGNqNVFrbzR5VHczd19GeHdmRFJfeW5kRE1xdjV3VVQ3T1hTcmlWZ3VKWXZ2LWVQTDJNQWdTMm1CVGNGeE9PZ1pPRUNHcFZpS2wwZFoyNVJ5U3lYcWNLVlBTZFFhN1V3TGVvQ0lYS3EwUWI3cmVCSDF6eUJOSDVjRDVJbzExNlFqVmQwanRjbjZSVGk0Q08xNkpnb1hCdTZlU2FoYjNlNXp3MlJfaGNDWlpZT055M3Z5dUQ2WVdVaHE4MEc4MFhubzNlU1VtcFoydVRfMW0?oc=5) · lhindependent.com
- 2019-03-07 [Union State Bank completes name change to VeraBank with new signage - The Killeen Daily Herald](https://news.google.com/rss/articles/CBMi3wFBVV95cUxQZjBzQkNDRGdLeHh4dGpfRzMtdldfMGwtOU5nZnhNTHZRRjUyQW1Dd093ZXFZNDVXMFlKM25XQjlucmVPZU54ZVAxUVJpQlQ4bGVTWldEd1Q1VFAtNHQ2c3pVLTNhT2NLOUVHNkt5cmY0TjNpdkhpdmpvUDBYNXpndjNxVlJpbWdlbXBtaWdCXzZjdUJ0UEJhb2VGNFlJckZPeHF2QUJ0ZkZKeWIyeWh4ajVOVEFFeWJWeGRSaS1PbTVNSjJUUEpNaktSMXlYbE5USXpoM0JuVVlSXzc3M2dV?oc=5) · The Killeen Daily Herald
- 2026-02-03 [Union State Bank Data Breach Exposes Personal Information of Customers - Claim Depot](https://news.google.com/rss/articles/CBMibEFVX3lxTFBYWE9PanFNSEVpT3VLT1VuN0FRWkp3N0gzZ0hpRHVWRmozSEE2UzNyMVVxOU9uR3pmR2FYb0lwa3BfRFQ5Q21ESHo5eEZOVldQelNNMllqajF6UUF2ekNOTWhTaTN1QU5QdHcxMg?oc=5) · Claim Depot
- 2017-08-17 [Heartland Data Breach Update: Thousands of Institutions Impacted - BankInfoSecurity](https://news.google.com/rss/articles/CBMiogFBVV95cUxNWVEyRWhPeVlpYXZaX19sN1VhVk5zZ1RJb2xUMlNFUmhWdnU2c1NxVXRJcVBxYTJXM0ptVjFreVRaQjJQNkdoQmFKWmQxU3ZNMU5ROGRsbVVreFdIeUhHMmEwSjdnaHVoaDd3ZmhWQmdDX1huU3UyeFlYakxsMW1DTEJEMmVsR3BLelpjd0xENjB1eFBqOXFFcFdtc1lqVE44YlE?oc=5) · BankInfoSecurity
- 2013-03-12 [FBI seeks 'Loan Ranger Bandit' suspected of 10 robberies in Arkansas, Mississippi and Texas - GulfLive.com](https://news.google.com/rss/articles/CBMilgFBVV95cUxPRlU0QmZQejVUMUh5ZzBUNGVjYW9ITmx3ZU9hTVMxbkhCbm1Ec1VBam9HRnpEM1ZIektoeHNVa1plUlR2SzhrbjEyTC1vQW9obGUzUG8ySmJOSjRJblZKNjR1LUhzUzk4cEpjYm9GSFFBZFNoLTdaRWlsVS1VM3ROM2ZfQ3dwR0VMWmNNeGE4T0VCV1R2ZWc?oc=5) · GulfLive.com
- 2025-01-11 [David Lee Forbes - View Obituary & Service Information - Mission Park Funeral Chapels & Cemeteries](https://news.google.com/rss/articles/CBMibEFVX3lxTE9ndWJ2Ulc2VFcxWFRKOVpSOC1iWXp0QU1tNTRIVGEzaE5PWjBUZjFPZVU2YmZPSk1pdVd0dzg3OTNZdU9Qam1mQWQ4Z2ZyTzBMU1FQRE93NldCckZxZTJXd2N2WFJVeWRlZ2k3Mw?oc=5) · Mission Park Funeral Chapels & Cemeteries
- 2014-05-03 [Central Texas-based Pioneer Bank works to keep its community roots - Austin American-Statesman](https://news.google.com/rss/articles/CBMiywFBVV95cUxOOURNbmNwWmFWNW1JYUg4T25kUEFYWXI4VHpMcWNRa2hvMTZfdTdmWUhfMjVLaVFtbE91aEEtSHFxRGZJRE9kTzJVQWd3azYtQUVJcUVkM0p4TGUzSUJpdi1leWE0SXVHdlMtOTI0VnhUbUw0QzNFUHhoblY2cDdDcGdHT1FTOF9Jc2lWcU9NX2huVzE5N25OLXBOVE14NWxkaFdTV0wtV0FFVXVZQmZSYWlHd0pObkhLX0IxcGpsTFo3aS1lX29MNGtROA?oc=5) · Austin American-Statesman
- 2025-06-29 [Eula Beck Obituary - Killeen, TX - Dignity Memorial](https://news.google.com/rss/articles/CBMifEFVX3lxTE1iZTM5MTdOQ0s5VkF3cTZWdkNpVXZxMGFsc1cxZ2htZDhhWjJfLXhMdVd2QXpQMzRrNEgyaXAzSG4ycUhIdlNYdkFKUEF0T3ZoMzJlcmt1cDhScmpSWVZfdmZZWF95QTdJcUJ5MGVnOV9fbFFUTEZWSEp3X0s?oc=5) · Dignity Memorial

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=11886 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/46.json (key "11886", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide