# WEST UNION BANK
WEST UNION, WV · FDIC certificate 2452 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. Composite score 1 (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 | $300.3M | |
| Deposits | $263.7M | |
| Loans and leases | $155.6M | |
| Total equity | $19.9M | |
| Loans / deposits | 58.21% (p11 of band) | 82.04% |
| Liquid assets / assets | 44.93% (p88 of band) | |
| Uninsured deposits / deposits | 30.95% (p69 of band) | 25.97% |
| Brokered deposits | 0.84% | |
| Wholesale funding | 5.99% (p63 of band) | |
| FHLB advances / assets | 3.01% | |
| Tier 1 leverage | 8.73% (p9 of band) | 10.81% |
| Unrealized securities loss / equity | -48.36% (p5 of band) | -8.10% |
| AOCI / equity | -3.98% (p2 of band) | |
| ROA (annualized) | 1.03% (p34 of band) | 1.28% |
| Net interest margin | 3.62% (p34 of band) | 3.91% |
| Efficiency ratio | 58.89% (p42 of band) | |
| Noncurrent loans | 0.13% (p27 of band) | 0.43% |
| Net charge-offs (annualized) | 0.13% (p87 of band) | |
| Reserve coverage of noncurrent | 966.19% | |
| Real estate % of loans | 61% | |
| Construction % of loans | 14.64% (p19 of band) | |
| Auto loans | $828,000 (0.53% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | -1.1% | |
| Employees | 47 | |

## Flags firing in the latest filing

- **securities losses >30% of equity** (`cap_secloss`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 0 |  | reserve under noncurrent |
| 2011-09 | 0 |  |  |
| 2011-12 | 1 | reserve under noncurrent |  |
| 2012-03 | 2 | capital falling |  |
| 2012-06 | 2 |  |  |
| 2012-09 | 2 |  |  |
| 2012-12 | 1 |  | reserve under noncurrent |
| 2013-03 | 0 |  | capital falling |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 0 |  |  |
| 2015-03 | 1 | capital falling |  |
| 2015-06 | 1 |  |  |
| 2015-09 | 0 |  | capital falling |
| 2015-12 | 0 |  |  |
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 1 | reserve under noncurrent |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 0 |  | reserve under noncurrent |
| 2018-09 | 0 |  |  |
| 2018-12 | 1 | charge-offs p90 |  |
| 2019-03 | 0 |  | charge-offs p90 |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 0 |  |  |
| 2020-09 | 0 |  |  |
| 2020-12 | 0 |  |  |
| 2021-03 | 0 |  |  |
| 2021-06 | 0 |  |  |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 2 | AOCI drag >20% of equity, charge-offs p90 |  |
| 2022-06 | 3 | securities losses >30% of equity |  |
| 2022-09 | 4 | capital falling |  |
| 2022-12 | 4 |  |  |
| 2023-03 | 1 |  | AOCI drag >20% of equity, charge-offs p90, capital falling |
| 2023-06 | 1 |  |  |
| 2023-09 | 2 | AOCI drag >20% of equity |  |
| 2023-12 | 3 | deposits shrinking, assets shrinking | AOCI drag >20% of equity |
| 2024-03 | 2 | charge-offs p90 | deposits shrinking, assets shrinking |
| 2024-06 | 1 |  | charge-offs p90 |
| 2024-09 | 1 |  |  |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 1 |  |  |
| 2026-06 | 1 |  |  |

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

- 2025-12-15 [West Union Bank announces Michael Malfregeot as new president & CEO in Executive Promotions - WV News](https://news.google.com/rss/articles/CBMihAJBVV95cUxNaXlfbHRuZWs4WGpaRm9mM1FiU2hjZnRBRkZ3Mm5YU18xNnB3NUtzVWlvTnZ5N0IyZDJfSi1JbkhSTnAxV1Y5MFhSOUVHQ0s1ZU5zTTNxOUp3b0hxazg0RHhjS3VVZzhkRW9MNlVrZnk5dm1ZS2Y5d3RKS1BMMUI3MTZyRWtZbXdLb0tsVkFmQk5SY2pMa3ZMQm1ZamNyYlBienVNZE1LX3UtRi1ScUp2ZTBtanZXeng4ekdQSFhwVlhxWlkxOGxqYWM0dEd2VlRjMkY1UmxJUVVIeTRLZGJTZUpsTFNFajNwOGFobW5FN29vRkRuRVc1ZTVlNm5vZVNYOWIxNA?oc=5) · WV News
- 2025-12-06 [Whaling retiring from West Union Bank after 27 years - - The Parkersburg News and Sentinel](https://news.google.com/rss/articles/CBMiqwFBVV95cUxQcml4VTVGQ1FRbGNQRmR0SG81RWdCMm5vd2lxRDIwUXdpRnF4ZVZTOFh5d1Y4cjdCcU9wdVV1bXBicktVUTVaTTh4eVd1Zm5NekV2YWZXSXBFcElCcGJfQldhUjlUUy1HSW5DRzFWX3B5WEtsc2RDb0NSczNhaXlaUnhENGNqVDF5VURzSE4yOUNkaG43QVVJV2dLT2NZMmYwclY5RlZ5bGsybEE?oc=5) · The Parkersburg News and Sentinel
- 2026-05-30 [Gallery: Heartland Region - West Virginia Explorer](https://news.google.com/rss/articles/CBMie0FVX3lxTE5WdmZZZkNnb1RkSWQ5UFd0SDJnUE9pUnhNOFhyZ3oxa01EY3JFRGI1aWVQX3llekNNZE1rZnJJUjBPVW5SNVFoMFZFWFR1RE1RNTEtVEVGMTBIZmUxNy1SMGVoSHJWVkg0ZHB4MlNnWWQ5Y1VmRTNTd1hpMA?oc=5) · West Virginia Explorer
- 2025-10-30 [Week 9 West Union Bank Player of the Week: Lincoln’s AJ Bart - WDTV 5](https://news.google.com/rss/articles/CBMijAFBVV95cUxOSEhSVlVWbm9rWjFPVVFqSUUxRWF4WmJhSE45ZEFXaV84YTA0dWV6bjF6eW1LWHVUZTRUNVRQekJTbTRBRUFWZ0tKTlVlVjh5YVE1R0N2WDRPUjB5NTc3RThjZ19pRmtseGhRcG5IRGxoRDFMTU5pblhHVUNfSGVtX2xHTlY1Ni12dXV1ONIBoAFBVV95cUxOb1pVbndmdTNacDRxVk9GRk9hcENJcFh3N0c2ZXR4NUE5Wi1TNjNMcWdsSHplbjVuWUU5bWRNNFpLSzNPbFZVa3EzcE1DckJaMnlxY0NyWkJfT1UwZFdGMXlmSGZrOWFkdUlLbXJTNXBCQlBBZS1tdk5zVVVnSGppSUZoU3hnSTBZYl9PckU1OFpMU3g4djdySXpIaTJwNGNa?oc=5) · WDTV 5
- 2025-09-25 [Week 5 West Union Bank Player of the Week: Doddridge County’s Lyric Blake - WDTV 5](https://news.google.com/rss/articles/CBMingFBVV95cUxQT2JoRHJTcVllX2pCVjJ1SFNuZ2ZvNFpRV0ZoMzhwMS00VkxMdFloc1JRclMyWjd6UFZLaXNRUDdFN2Fad1BvSkNNZDYydllVamxBNnBXeXUxTWVIQlhVWC1VQWZMWVRUWlR1ZTFKVzlaczZ3QS1EN0hMSVRqVW8wSGJmdEZQTGktd09TMF9EN2d1X0RjakN3NkF1UTBtZ9IBsgFBVV95cUxPbU9salJldWVkVEdwbUU0VkxpWmZSSHM5Y1ROWnFVZjFLOXdKOEEwbkhtczFOM1pnVzdLT2pzZTVETjZyZ0ttUGJqbXJhZXhXV2UwTExZR0UwMVpCVGhtNHFPWTVsamtMWF9yQzVzMGg1SkhLNm4tTG15VFVMbkszSGJsbGVhTHhLTUJPZ2dUMXh0ekxzNkpKVXRLbzZKSkdzbXE2Z1hSUTdhYzQ5Z3NpZzVR?oc=5) · WDTV 5
- 2021-07-14 [Obituary for Rudy Francis Torjak, Jr. "Cookie" - Davis Funeral Home and Onsite Crematory](https://news.google.com/rss/articles/CBMicEFVX3lxTE4tbjBJUlpqbWVmSFdLSHRLX21yNno1ckVYdEhOdHZwRTVFQWk4a3ZtODJfeE82Q1B0QVJhbDdYbUFfaWlISW02aUV2V2E2TXZHWFpxWHNIbVA0S2NZYlVwT1dUWVRuRDFReHZLOVRJaDA?oc=5) · Davis Funeral Home and Onsite Crematory
- 2025-07-02 [West Union Bank announces new president & CEO - WDTV 5](https://news.google.com/rss/articles/CBMiggFBVV95cUxQZHo4d0VtdG1nbndSMnd4VHlrejAtQjlNY3lmWHJnNzJtQjJsWVI0RVI5N1RaQm9UZDFKaVd3SkZPeDNpT2RYQTJud1Z5dWxtLWxPZFhSVkhaSDc5Z3UwSVJidHVwWlJJMjhST0hBa1d0NXRpcWVjUERVWFZuSVAxQVpn0gGWAUFVX3lxTE9JMVA3ZGx2cjk1eWwwOHJVcTBLaG5iLUlydXFBNE9wdmJ5a1V4NDA5aUlja1lnNzB2WVZFRHZsY0dwWl9jQTNqd0lxbk1BcHBGdkw1YXRjLUlEVFhLZ0NfRUFqLXh0dElaaXF0R2pSN1JBTkpvdzNmTzFJaUFwTnVSWFVDZXhFUWtpa0dhVW1pS0NoX3pLdw?oc=5) · WDTV 5
- 2020-09-21 [Obituary: Karen Ann Shepherd - WTAP](https://news.google.com/rss/articles/CBMibEFVX3lxTE5yem9SVjhCRURoWmtFOXRGV2xfcGNLU2YzWXdsU1lKY2lmZ3dYcDNRd3RxaUg3aDlwVXNoY2ZhR2Y3cmNsdDJLQkUwSEFwdjFGZFNXWDdWYkhkamV5ZVJZRWhzUWdqeHdaUHd6UdIBgAFBVV95cUxNZldoOHlVOFRLQlVYU2pnOEpiUlNudVItc0RWalFjWlZqLXNlRFctUVBZZ3JoU1l4T3RobDFMU0djZlBvaldlcVpyWUZsOUFrWjBJUWYtQTZfMUJyazBQUmdQdTVxbXZ1U2lpYTFUSUQ2ekRQR2dsdkdhUkZGWXAxRw?oc=5) · WTAP

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=2452 (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/20.json (key "2452", 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