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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	47.5	182.97	236.41	280.68	120.18	262.88
Investment Securities	404.96	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	404.96	269.98	272.57	339.4	293.05	159.56
Gross Loans	906.61	874.88	815.41	726.02	660.66	529.79
Allowance for Loan Losses	-11.89	-12.38	-11.63	-12.1	-10.2	-7.82
Net Loans	894.72	862.5	803.78	713.91	650.45	521.96
Property, Plant & Equipment	16.5	16.59	13.84	16.95	16.62	15.76
Goodwill	6.52	6.52	6.52	6.52	6.47	-
Other Intangible Assets	0.39	0.44	0.51	0.58	0.64	-
Loans Held for Sale	-	-	-	-	0.06	2.82
Accrued Interest Receivable	9.87	9.14	8.27	6.26	5.25	4.18
Other Real Estate Owned & Foreclosed	1.31	2.84	1.1	-	0.15	0.16
Other Long-Term Assets	44.75	48.52	45.81	42.14	27.18	20.42
Total Assets	1,427	1,401	1,390	1,407	1,121	988.71
Accrued Expenses	7.75	6.87	7.37	4.98	3.41	1.18
Interest Bearing Deposits	656.56	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	453.09	473.85	513.76	582.6	424.24	486.41
Total Deposits	1,110	1,090	1,090	1,169	982.73	868.88
Accrued Interest Payable	1.45	1.12	0.79	0.18	0.16	0.22
Long-Term Debt	30.58	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	1,150	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	20.44	22.55	30.11	34.84	34.14	33.58
Retained Earnings	151.58	145.3	122.16	96.56	79.33	61.86
Treasury Stock	-	-	-	-5.4	-0	-0
Comprehensive Income & Other	-19.37	-25.92	-27.42	-37.18	-3.79	1.38
Total Common Equity	152.68	141.96	124.89	88.86	109.71	96.85
Shareholders' Equity	276.43	265.71	248.64	212.61	109.71	96.85
Total Liabilities & Equity	1,427	1,401	1,390	1,407	1,121	988.71
Total Debt	30.58	33.97	40.79	18.94	23.51	20.22
Net Cash (Debt)	128.53	149	195.61	261.74	96.67	242.66
Net Cash Growth	3.40%	-23.83%	-25.26%	170.75%	-60.16%	305.35%
Net Cash Per Share	38.36	42.29	54.63	71.62	25.39	64.21
Filing Date Shares Outstanding	3.24	3.37	3.54	3.6	3.7	3.74
Total Common Shares Outstanding	3.24	3.37	3.54	3.6	3.7	3.74
Book Value Per Share	47.20	42.11	35.32	24.66	29.62	25.88
Tangible Book Value	145.77	135	117.86	81.76	102.59	96.85
Tangible Book Value Per Share	45.06	40.05	33.33	22.69	27.70	25.88

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