Union Bank and Trust
Bartlesville, OK · Owner: Ubt Bcorp Inc
$115M
total assets, March 31, 1988
$115M
total assets, March 31, 1988
Union Bank and Trust was a state nonmember bank in Bartlesville, OK, owned by Ubt Bcorp Inc. It failed on Jul 21, 1988, and First NB In Bartlesville took over its deposits. At its last report it held $115.4 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1988
This bank failed
- Failed on
- Jul 21, 1988
- Assets
- $115M
- Deposits
- $129M
- Estimated cost
- $33.1M
- Deposits went to
- First NB In Bartlesville, Bartlesville, OK
Total assets
$115M
-28.5% in a year · -3.8% in a quarter
Deposits
$129M
-16.1% in a year · -2.9% in a quarter
Loans
$95.3M
-17.7% in a year · -3.5% in a quarter
Profit so far
-$67K
Jan 1 to Mar 31, 1988 · -844.4% in a year
Capital ratio
-13.76%
-15.52 pts in a year
Return on assets
-0.23%
-0.25 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 100 East Frank Phillips Boulevard, Bartlesville, OK, 74003
- County
- Washington
- Holding company
- Ubt Bcorp Inc
- Established
- Oct 1, 1909
- Failed
- Jul 21, 1988
- Employees
- 109
- Id
- b4040
Quarter by quarter
March 31, 1984 to March 31, 1988
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Union Bank and Trust?
$115.4 million in total assets and $129.0 million in deposits as of March 31, 1988, with assets down 28.5% from a year before. Its loans were $95.3 million.
Is Union Bank and Trust profitable?
No: it lost $67,000 from January 1 to March 31, 1988. Its return on assets was -0.23% a year; about 1% is typical.
Who owns Union Bank and Trust?
Union Bank and Trust is owned by Ubt Bcorp Inc, its holding company.
When did Union Bank and Trust fail?
Jul 21, 1988. First NB In Bartlesville of Bartlesville, OK took over its deposits. The estimated cost of the failure was $33.1 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.