Union Bank and Trust Company
Lincoln, Nebraska, Lancaster County
$9.2B in total assets, the 179th largest of 4,309 US banks and 2nd of 139 headquartered in Nebraska.
- FDIC certificate
- 13421
- Established
- 1917
- Owned by
- Farmers&merchants Inv Inc
- Primary regulator
- FDIC
- Website
- www.ubt.com
At a glance
Compared with 20 banks headquartered in Nebraska with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $9.2B | 98% | $1.2B | |
| Loans | $7.0B | 98% | $915M | |
| Deposits | $7.5B | 95% | $1.1B | |
| Return on assets | 1.75% | 90% | 1.23% | |
| Net interest margin | 3.68% | 70% | 3.43% | |
| Efficiency ratio | 54.7% | 35% | 61.6% | |
| Equity to assets | 10.82% | 80% | 9.78% | |
| Loans to deposits | 93% | 80% | 90% |
Growth
Total assets grew 9.1% a year over the last 5 years and 10.1% a year over 10 years, without acquisitions.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Apr 2006 | Commercial State Bank of Bonner Springs Bonner Springs, KS | $108M |
| Aug 1998 | First National Bank Lincoln, NE | $12M |
| Dec 1990 | Heritage Federal Savings Bank of Omaha Omaha, NE | $137M |
| Jan 1989 | Northwest National Bank Grand Island, NE | $13M |
| Oct 1988 | Pawnee County Bank Pawnee City, NE | $14M |
| Oct 1987 | Security State Bank Oxford, NE | $12M |
| Aug 1985 | Farmers State Bank Rising City, NE | $13M |
| May 1985 | Bank of Taylor Taylor, NE | $15M |
Where they operate
37 branches in 18 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Lancaster County, NE | $5.9B | 39.5% | 1 of 31 |
| Douglas County, NE | $474M | 1.4% | 12 of 43 |
| Wyandotte County, KS | $181M | 7.0% | 3 of 19 |
| Johnson County, KS | $135M | 0.5% | 32 of 60 |
| Cherry County, NE | $110M | 28.7% | 2 of 5 |
| Saunders County, NE | $102M | 10.5% | 3 of 13 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 3 branches since 2016 (34 to 37, +8.8%). 5 opened, 0 acquired, 2 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 34 | |||
| 2016 | Closed Lincoln | 0 | 1 | −1 | 33 |
| 2022 | Opened 3 in Nebraska | 3 | 0 | +3 | 36 |
| 2023 | Closed Lincoln | 0 | 1 | −1 | 35 |
| 2024 | Opened Lincoln | 1 | 0 | +1 | 36 |
| 2025 | Opened Fort Collins | 1 | 0 | +1 | 37 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 35% | 28% | |
| Business (C&I) | 19% | 13% | |
| Construction and land | 10% | 8% | |
| Consumer | 9% | 1% | |
| 1-4 family residential | 7% | 17% | |
| Farmland | 6% | 12% | |
| Multifamily | 5% | 7% | |
| Agricultural | 3% | 10% | |
| Other | 6% | 2% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 67% | 54% | |
| Time deposits | 20% | 32% | |
| Noninterest-bearing | 12% | 14% |
Brokered deposits are 11.9% of deposits (peers 10.0%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.30% | 0.42% |
| Net charge-offs, annualized | 0.10% | 0.00% |
| Reserves to loans | 1.58% | 1.34% |
| Leverage ratio | 10.65% | 10.34% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Nebraska
Largest competitors in Lancaster County, NE
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/union-bank-trust-lincoln-ne