Atlantic Union Bank is an FDIC insured institution headquartered at
1051 E Cary St, Richmond City, VA 23219.
It was founded in
1997 and has approximately $21 billion in
assets. Customers can open an account at one of its 174 branches.
Deposit Rates - March 19, 2024
Loan Rates - March 19, 2024
Overview 2024
General Bank Information
FDIC Insured
Yes
FDIC Certificate
# 34589
Date Established
1997
Assets
$ 20.62 billion
Loans
$ 15.16 billion
Deposits
$ 16.81 billion
Capital
$ 2.68 billion
Summary Balance Sheet as of June 30, 2023
ASSETS
Cash & Balances due from depository institutions
$ 393.24 million
Interest-bearing balances
$ 159.72 million
Total securities
$ 2.93 billion
Federal funds sold and reverse repurchase
$ 5.70 million
Net loans and leases
$ 15.16 billion
Loan loss allowance
$ 125.63 million
Trading account assets
$ 115.88 million
Bank premises and fixed assets
N.A.
Other real estate owned
$ 1.41 million
Goodwill and other intangibles
$ 946.49 million
All other assets
$ 834.83 million
Total Assets
$ 17.94 billion
LIABILITIES
Total deposits
$ 16.81 billion
Interest-bearing deposits
$ 12.69 billion
Deposits held in domestic offices
$ 16.81 billion
% insured (estimated)
68.30%
Federal funds purchased and repurchase agreements
$ 134.94 million
Trading liabilities
$ 272.48 million
Other borrowed funds
$ 305.82 million
Subordinated debt
N.A.
All other liabilities
$ 132.68 millionn
Total Liabilities
$ 17.94 billion
Shareholders’ Equity
$ 2.68 billion
Summary Income Statement as of June 30, 2023
INCOME AND EXPENSES
Total Interest Income
$ 694.86 million
Total Interest Expense
$ 222.87 million
Net interest income
$ 471.99 million
Provision for loan and lease losses
$ 22.91 million
Total non interest income
$ 112.80 million
Total non interest expense
$ 322.65 million
Pre-tax Net Operating Income
$ 138.87 million
Customer Reviews for Atlantic Union Bank
There are currently no comments for Atlantic Union Bank. Be the first to share your experience. Please provide comments that will help others.