United Bancorporation of Alabama, Inc. (UBAB)

UBAB Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	57.97	182.97	236.41	280.68	120.18	262.88
Investment Securities	401.91	127.76	158.54	215.5	185.92	103.05
Mortgage-Backed Securities	-	142.22	114.04	123.9	107.13	56.5
Total Investments	401.91	269.98	272.57	339.4	293.05	159.56
Gross Loans	894.31	874.88	815.41	726.02	660.66	529.79
Allowance for Loan Losses	-12.08	-12.38	-11.63	-12.1	-10.2	-7.82
Net Loans	882.23	862.5	803.78	713.91	650.45	521.96
Property, Plant & Equipment	16.78	16.59	13.84	16.95	16.62	15.76
Goodwill	6.52	6.52	6.52	6.52	6.47	-
Other Intangible Assets	0.41	0.44	0.51	0.58	0.64	-
Loans Held for Sale	-	-	-	-	0.06	2.82
Accrued Interest Receivable	9.53	9.14	8.27	6.26	5.25	4.18
Other Real Estate Owned & Foreclosed	2.01	2.84	1.1	-	0.15	0.16
Other Long-Term Assets	46.3	48.52	45.81	42.14	27.18	20.42
Total Assets	1,424	1,401	1,390	1,407	1,121	988.71
Accrued Expenses	8.1	6.87	7.37	4.98	3.41	1.18
Interest Bearing Deposits	650.61	542.14	520.79	557.42	521.14	360.91
Institutional Deposits	-	74.13	55.3	29.02	37.36	21.57
Non-Interest Bearing Deposits	457.37	473.85	513.76	582.6	424.24	486.41
Total Deposits	1,108	1,090	1,090	1,169	982.73	868.88
Accrued Interest Payable	1.24	1.12	0.79	0.18	0.16	0.22
Long-Term Debt	33.34	29.53	35.69	13.17	6.76	2.8
Federal Home Loan Bank Debt, Long-Term	-	4.44	5.1	5.77	6.44	7.11
Trust Preferred Securities	-	-	-	-	10.31	10.31
Pension & Post-Retirement Benefits	-	1.99	1.64	1.49	1.42	1.36
Other Long-Term Liabilities	0.68	0.91	0.91	-	-	-
Total Liabilities	1,151	1,135	1,141	1,195	1,011	891.86
Preferred Stock, Non-Redeemable	123.75	123.75	123.75	123.75	-	-
Total Preferred Equity	123.75	123.75	123.75	123.75	-	-
Common Stock	0.03	0.03	0.04	0.04	0.04	0.04
Additional Paid-In Capital	20.25	22.55	30.11	34.84	34.14	33.58
Retained Earnings	150.35	145.3	122.16	96.56	79.33	61.86
Treasury Stock	-	-	-	-5.4	-0	-0
Comprehensive Income & Other	-22.06	-25.92	-27.42	-37.18	-3.79	1.38
Total Common Equity	148.57	141.96	124.89	88.86	109.71	96.85
Shareholders' Equity	272.32	265.71	248.64	212.61	109.71	96.85
Total Liabilities & Equity	1,424	1,401	1,390	1,407	1,121	988.71
Total Debt	33.34	33.97	40.79	18.94	23.51	20.22
Net Cash (Debt)	135.51	149	195.61	261.74	96.67	242.66
Net Cash Growth	-9.34%	-23.83%	-25.26%	170.75%	-60.16%	305.35%
Net Cash Per Share	39.58	42.29	54.63	71.62	25.39	64.21
Filing Date Shares Outstanding	3.29	3.37	3.54	3.6	3.7	3.74
Total Common Shares Outstanding	3.29	3.37	3.54	3.6	3.7	3.74
Book Value Per Share	45.18	42.11	35.32	24.66	29.62	25.88
Tangible Book Value	141.64	135	117.86	81.76	102.59	96.85
Tangible Book Value Per Share	43.08	40.05	33.33	22.69	27.70	25.88

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.