# UNION BANK
JAMESTOWN, TN · FDIC certificate 6088 · asset band <$300M · 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 | $247.0M | |
| Deposits | $223.5M | |
| Loans and leases | $99.5M | |
| Total equity | $21.9M | |
| Loans / deposits | 44.21% (p14 of band) | 73.59% |
| Liquid assets / assets | 53.38% (p82 of band) | |
| Uninsured deposits / deposits | 15.65% (p34 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p23 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 10.68% (p35 of band) | 11.76% |
| Unrealized securities loss / equity | -48.74% (p7 of band) | -6.57% |
| AOCI / equity | -1.43% (p20 of band) | |
| ROA (annualized) | 0.51% (p18 of band) | 1.17% |
| Net interest margin | 3.18% (p18 of band) | 3.93% |
| Efficiency ratio | 80.19% (p79 of band) | |
| Noncurrent loans | 0.49% (p55 of band) | 0.36% |
| Net charge-offs (annualized) | 0.01% (p67 of band) | |
| Reserve coverage of noncurrent | 146.12% | |
| Real estate % of loans | 89% | |
| Construction % of loans | 76.78% (p89 of band) | |
| Auto loans | $949,000 (0.95% of loans; DQ 3.69%, NCO 0.01%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 4.1% | |
| Employees | 41 | |

## 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 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 2 | noncurrent p90 |  |
| 2013-03 | 5 | capital falling, losing money, charge-offs p90 |  |
| 2013-06 | 2 |  | noncurrent p90, capital falling, losing money |
| 2013-09 | 3 | noncurrent p90 |  |
| 2013-12 | 3 |  |  |
| 2014-03 | 3 | capital falling | charge-offs p90 |
| 2014-06 | 3 | charge-offs p90 | capital falling |
| 2014-09 | 2 |  | noncurrent p90 |
| 2014-12 | 2 |  |  |
| 2015-03 | 4 | capital falling, noncurrent p90 |  |
| 2015-06 | 2 |  | capital falling, noncurrent p90 |
| 2015-09 | 2 |  |  |
| 2015-12 | 2 |  |  |
| 2016-03 | 1 |  | charge-offs p90 |
| 2016-06 | 1 |  |  |
| 2016-09 | 2 | noncurrent p90 |  |
| 2016-12 | 1 |  | noncurrent p90 |
| 2017-03 | 2 | charge-offs p90 |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 2 |  |  |
| 2018-06 | 2 |  |  |
| 2018-09 | 3 | noncurrent p90 |  |
| 2018-12 | 5 | deposits shrinking, assets shrinking |  |
| 2019-03 | 3 |  | charge-offs p90, assets shrinking |
| 2019-06 | 2 |  | deposits shrinking |
| 2019-09 | 2 |  |  |
| 2019-12 | 3 | charge-offs p90 |  |
| 2020-03 | 4 | expense ratio p90 |  |
| 2020-06 | 5 | capital falling, losing money | charge-offs p90 |
| 2020-09 | 6 | charge-offs p90 |  |
| 2020-12 | 6 |  |  |
| 2021-03 | 4 |  | losing money, charge-offs p90 |
| 2021-06 | 4 |  |  |
| 2021-09 | 2 |  | expense ratio p90, capital falling |
| 2021-12 | 2 |  |  |
| 2022-03 | 3 | securities losses >30% of equity |  |
| 2022-06 | 4 | AOCI drag >20% of equity |  |
| 2022-09 | 4 |  |  |
| 2022-12 | 6 | deposits shrinking, assets shrinking |  |
| 2023-03 | 6 | uninsured deposits leaving | AOCI drag >20% of equity |
| 2023-06 | 7 | expense ratio p90 |  |
| 2023-09 | 7 |  |  |
| 2023-12 | 5 | capital falling | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2024-03 | 6 | losing money, NIM <2.5% | noncurrent p90 |
| 2024-06 | 5 |  | reserve under noncurrent |
| 2024-09 | 5 |  |  |
| 2024-12 | 4 |  | losing money |
| 2025-03 | 3 |  | NIM <2.5% |
| 2025-06 | 3 | reserve under noncurrent | expense ratio p90 |
| 2025-09 | 1 |  | capital falling, reserve under noncurrent |
| 2025-12 | 2 | reserve under noncurrent |  |
| 2026-03 | 2 | capital falling | reserve under noncurrent |
| 2026-06 | 1 |  | capital falling |

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

- 2026-08-15 [Local History: Mitchell’s Gazetteer reports on Hamilton County in 1860 - Chattanooga Times Free Press](https://news.google.com/rss/articles/CBMimAFBVV95cUxQVDBLUFFoM05fVjMwRnZBdTF4ZjBSVWkycS1YWFZRLVp5ZzNvRXl6SGNrdWE0Nk5FcnFsTEY4WVpuQlRfR0pzV0tJRXZnVElMZ1BLU3NITDdzOGV2elJMWDZBVElBYU5YOGNKRGdxcHh4YTdPOUtfci1od1NnZzBBQnB4ZWtpU2pvTkdrakFwSy1uSElqdC12dQ?oc=5) · Chattanooga Times Free Press
- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2025-12-01 [2025 Virginia Business Person of the Year: John Asbury | Atlantic Union Bank - Virginia Business](https://news.google.com/rss/articles/CBMikAFBVV95cUxQZ2JpMDNQcUJwb21JZnk1TThhU1VkX1BoU0I3bGhMS1dQN2dtZWEtUEFiM2FVNGdCZkNyYnRIb0Zna0NIbm5YbnVPeml2S1ZXeVRhMjEtVWN5TnA0THZrNF9zY0lFVnIxTHRCc2Y3NmktSFctRV9vZjh2ZG5XNmZQNGI2Z3BVWnBVT18xdUZzNTc?oc=5) · Virginia Business
- 2024-10-24 [Tennessee credit union crosses state line in bank purchase - Banking Dive](https://news.google.com/rss/articles/CBMisAFBVV95cUxNcUlsTE5JMDdoSWIxcUhZTFc1SUVvYW16ZjdHem9ybUtSYlREc005SV9CcldzcWVpVnhyYjFFTzl5LW9CVmFSN3l6NjNQdGxXZ21DZldVLTZ2Ry05N0dGWWh2RkNjZE94WGhES1JObEpiQ1FCeTR1VnZudjJzbmVzYWVyakVFOWlGTk9BX2oyNnVZdENVbER2a1dOaEFDcHNZTVNOd1J3aXpnN1BSVzFPYg?oc=5) · Banking Dive
- 2025-01-02 [How many credit unions acquired banks in 2024? An industry M&A analysis | Credit Union Journal - American Banker](https://news.google.com/rss/articles/CBMiuwFBVV95cUxQRXVobmhmLTlwUVhUSGhzUFNydE44NGZZekt6VlJsa0E0a2cxOV9fTEgwa2tHV0dpTXIxSEI2NUxQTERjeDNLSUlfWkJ4QXdzQzJ4QU9fN2RSUjVpTmJGQmJQSmxJd3NXQ04zSXJWMDU0cC1VenNxcXM4Y3hGXzUwUTAzYzZzeGtzeWU0X2RKN1RVWjhCaUg2QVl4U0xOV01vcUVrOTR1dHFYbTFiMmR0QWtkSzI2TzlLYzJn?oc=5) · American Banker
- 2024-09-26 [Credit Unions Buying Banks to Get Added Scrutiny in FDIC Reviews - Bloomberg Law News](https://news.google.com/rss/articles/CBMiqgFBVV95cUxOZWhxVktSMlFTOGRhVXE3My1maFVFRjJieWFIbmVXdU9tTWplSnd3aXdUSkpWTm5wZHdkdm5UZUVfdHdPU3FmbDR2cjltZzJ5OENkc0VVZVhwT0FzRWg4dE9xWWVWNGw4UGRkUmJKT2k2YkMzX1RHeGtibnVFV3BvMnJLVTVtTVY3VWF6QVF4MkFIa1FhUVNwR2haQ1FKa1RoQk9qT1RZT3pJdw?oc=5) · Bloomberg Law News
- 2025-04-30 [States Lose When Credit Unions Acquire Banks - Tax Foundation](https://news.google.com/rss/articles/CBMibkFVX3lxTE9kUmRIaUpEYXlWMG9ZQ01lbi0yVjQ0bDMxR2swelMxNlRiWVd4X0NKcVY3U0NiMEpqLXJkS0JGSHhCLUJPSjIzZzBCdjM1cmhDZnNUR2N2eWVFM3ZnaU1BT2taWUZKeE9XbktQcWpB?oc=5) · Tax Foundation
- 2026-04-27 [CUB Q4 net rises 25% to ₹360 cr., opens 1,000th branch at Kumbakonam, T.N. - thehindu.com](https://news.google.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?oc=5) · thehindu.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=6088 (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/8.json (key "6088", 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