United Community Banks, Inc. (UCB)

United Community Banks Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	740.04	1,004	646.85	2,319	1,609	515.21
Investment Securities	1,932	1,717	1,688	1,894	1,398	736.08
Trading Asset Securities	42.13	50.35	50.64	42.48	86.67	35.01
Mortgage-Backed Securities	4,595	4,213	4,651	3,812	2,247	1,822
Total Investments	6,569	5,981	6,389	5,749	3,732	2,593
Gross Loans	17,979	18,330	15,342	11,766	11,376	8,819
Allowance for Loan Losses	-205.29	-208.07	-159.36	-102.53	-137.01	-62.09
Other Adjustments to Gross Loans	-14.62	-11.71	-6.88	-5.43	-5.46	-6.09
Net Loans	17,759	18,111	15,175	11,658	11,234	8,750
Property, Plant & Equipment	396.7	421.23	338.46	274.72	249.89	235.87
Goodwill	916.15	919.91	751.17	452.01	367.81	327.43
Other Intangible Assets	58.96	70.17	28.07	20.4	14.01	14.82
Loans Held for Sale	49.8	33.01	13.6	44.11	105.43	58.48
Accrued Interest Receivable	59.5	87.78	72.81	43	47.67	32.66
Long-Term Deferred Tax Assets	-	113.21	129.31	41.32	38.41	34.06
Other Real Estate Owned & Foreclosed	2.58	1.19	0.05	0.04	0.65	0.48
Other Long-Term Assets	803.69	537.18	429.96	336.24	396.33	353.43
Total Assets	27,373	27,297	24,009	20,947	17,794	12,916
Accrued Expenses	322.17	255.28	235.71	168.78	154.87	129.4
Interest Bearing Deposits	17,031	15,625	12,233	11,284	9,842	7,052
Institutional Deposits	-	1,152	-	-	-	366.98
Non-Interest Bearing Deposits	6,223	6,534	7,643	6,957	5,390	3,478
Total Deposits	23,253	23,311	19,877	18,241	15,232	10,897
Short-Term Borrowings	64.59	84.81	258.48	25.15	29	15.52
Current Portion of Leases	-	11.42	-	-	-	-
Long-Term Debt	316.36	290.49	290.33	226.74	301.95	187.66
Federal Home Loan Bank Debt, Long-Term	-	-	550	-	-	-
Long-Term Leases	-	32.73	41.69	31.07	33.1	22.04
Trust Preferred Securities	-	34.33	34.33	20.62	25	25
Other Long-Term Liabilities	10.23	16.06	21.16	10.99	10.56	3.46
Total Liabilities	23,966	24,036	21,308	18,725	15,787	11,280
Preferred Stock, Redeemable	88.27	88.27	96.42	96.42	96.42	-
Total Preferred Equity	88.27	88.27	96.42	96.42	96.42	-
Common Stock	119.28	119.01	106.22	89.35	86.68	79.01
Additional Paid-In Capital	2,707	2,699	2,306	1,721	1,639	1,497
Retained Earnings	668.97	581.22	508.84	330.65	136.87	40.15
Comprehensive Income & Other	-177.1	-226.08	-317.18	-15.19	48.57	19.89
Total Common Equity	3,318	3,173	2,604	2,126	1,911	1,636
Shareholders' Equity	3,407	3,262	2,701	2,222	2,008	1,636
Total Liabilities & Equity	27,373	27,297	24,009	20,947	17,794	12,916
Total Debt	380.96	453.78	1,175	303.58	389.05	250.22
Net Cash (Debt)	401.21	600.45	-477.34	2,057	1,306	299.99
Net Cash Growth	16.05%	-	-	57.51%	335.42%	-
Net Cash Per Share	3.35	5.10	-4.47	23.35	15.69	3.76
Filing Date Shares Outstanding	119.29	119.08	115.03	105.98	86.74	78.94
Total Common Shares Outstanding	119.28	119.01	106.22	89.35	86.68	79.01
Book Value Per Share	27.82	26.66	24.52	23.79	22.05	20.70
Tangible Book Value	2,343	2,183	1,825	1,653	1,529	1,293
Tangible Book Value Per Share	19.64	18.34	17.18	18.50	17.64	16.37

Source: S&P Capital IQ. Banks template. Financial Sources.