Call reports 2024
UNITED COMMUNITY BANK — 2024
What UNITED COMMUNITY BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 3,484,463,000 | 3,564,501,000 | 3,644,871,000 | 3,859,236,000 |
| Total loans | 2,092,959,000 | 2,193,592,000 | 2,304,998,000 | 2,433,574,000 |
| Allowance for loan losses | 26,436,000 | 28,376,000 | 29,896,000 | 31,733,000 |
| Securities available for sale | 733,867,000 | 715,121,000 | 697,972,000 | 640,729,000 |
| Securities held to maturity | 312,938,000 | 309,500,000 | 306,036,000 | 302,733,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,995,274,000 | 3,044,231,000 | 3,101,417,000 | 3,295,898,000 |
| Interest-bearing deposits | 2,318,911,000 | 2,404,589,000 | 2,479,912,000 | 2,644,108,000 |
| Noninterest-bearing deposits | 676,363,000 | 639,642,000 | 621,505,000 | 651,790,000 |
| Equity capital | 318,593,000 | 326,113,000 | 348,811,000 | 349,437,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 39,121,000 | 80,788,000 | 124,572,000 | 169,605,000 |
| Interest expense | 14,812,000 | 31,308,000 | 49,344,000 | 68,254,000 |
| Net interest income | 24,309,000 | 49,480,000 | 75,228,000 | 101,351,000 |
| Noninterest income | 6,390,000 | 14,381,000 | 21,293,000 | 28,701,000 |
| Noninterest expense | 17,285,000 | 35,443,000 | 54,598,000 | 73,050,000 |
| Provision for loan losses | 2,206,000 | 4,196,000 | 5,798,000 | 7,818,000 |
| Pretax income | 12,839,000 | 24,011,000 | 35,726,000 | 49,760,000 |
| Income tax | 2,840,000 | 4,537,000 | 6,821,000 | 9,922,000 |
| Net income | 9,999,000 | 19,474,000 | 28,905,000 | 39,838,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 327,783,000 | 337,366,000 | 346,034,000 | 357,278,000 |
| Total capital | 356,683,000 | 369,821,000 | 379,472,000 | 392,084,000 |
| Risk-weighted assets | 2,503,201,000 | 2,596,131,000 | 2,674,080,000 | 2,784,019,000 |