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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	54.67	182.97	236.41	280.68	120.18	262.88
Investment Securities	394.9	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	394.9	269.98	272.57	339.4	293.05	159.56
Gross Loans	885.84	874.88	815.41	726.02	660.66	529.79
Allowance for Loan Losses	-14.66	-12.38	-11.63	-12.1	-10.2	-7.82
Net Loans	871.18	862.5	803.78	713.91	650.45	521.96
Property, Plant & Equipment	16.7	16.59	13.84	16.95	16.62	15.76
Goodwill	6.52	6.52	6.52	6.52	6.47	-
Other Intangible Assets	0.42	0.44	0.51	0.58	0.64	-
Loans Held for Sale	-	-	-	-	0.06	2.82
Accrued Interest Receivable	8.94	9.14	8.27	6.26	5.25	4.18
Other Real Estate Owned & Foreclosed	0.79	2.84	1.1	-	0.15	0.16
Other Long-Term Assets	46.9	48.52	45.81	42.14	27.18	20.42
Total Assets	1,401	1,401	1,390	1,407	1,121	988.71
Accrued Expenses	4.97	6.87	7.37	4.98	3.41	1.18
Interest Bearing Deposits	629.51	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	456.95	473.85	513.76	582.6	424.24	486.41
Total Deposits	1,086	1,090	1,090	1,169	982.73	868.88
Accrued Interest Payable	1.09	1.12	0.79	0.18	0.16	0.22
Long-Term Debt	33.66	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	1,127	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	22.76	22.55	30.11	34.84	34.14	33.58
Retained Earnings	150.07	145.3	122.16	96.56	79.33	61.86
Treasury Stock	-	-	-	-5.4	-0	-0
Comprehensive Income & Other	-22.43	-25.92	-27.42	-37.18	-3.79	1.38
Total Common Equity	150.44	141.96	124.89	88.86	109.71	96.85
Shareholders' Equity	274.19	265.71	248.64	212.61	109.71	96.85
Total Liabilities & Equity	1,401	1,401	1,390	1,407	1,121	988.71
Total Debt	33.66	33.97	40.79	18.94	23.51	20.22
Net Cash (Debt)	126.25	149	195.61	261.74	96.67	242.66
Net Cash Growth	-30.15%	-23.83%	-25.26%	170.75%	-60.16%	305.35%
Net Cash Per Share	36.36	42.29	54.63	71.62	25.39	64.21
Filing Date Shares Outstanding	3.37	3.37	3.54	3.6	3.7	3.74
Total Common Shares Outstanding	3.37	3.37	3.54	3.6	3.7	3.74
Book Value Per Share	44.58	42.11	35.32	24.66	29.62	25.88
Tangible Book Value	143.5	135	117.86	81.76	102.59	96.85
Tangible Book Value Per Share	42.53	40.05	33.33	22.69	27.70	25.88

Updated Feb 4, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.