United bankshares inc/wv (UBSI)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Dec'09
Assets
Cash and due from banks

248

185

228

198

201

187

191

230

178

196

212

203

184

175

165

179

151

136

143

173

158

175

186

197

196

134

160

137

138

157

138

158

135

128

126

122

143

115

125

128

134

Interest-bearing deposits with other banks

1,087

651

747

1,054

970

831

1,062

861

960

1,468

1,533

1,207

1,482

1,258

951

921

752

719

864

742

508

576

403

517

382

281

181

240

223

273

297

514

653

506

541

385

386

345

586

321

314

Federal funds sold

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

1

1

0

1

1

1

0

0

0

0

0

0

Total cash and cash equivalents

1,336

837

976

1,253

1,172

1,020

1,254

1,092

1,139

1,666

1,747

1,411

1,667

1,434

1,118

1,101

904

857

1,008

917

667

753

591

715

579

416

342

379

362

432

436

673

789

636

668

508

530

461

712

450

449

Securities available for sale at estimated fair value (amortized cost-$2,417,521 at March 31, 2020 and $2,426,924 at December 31, 2019, allowance for credit losses of $0 at March 31, 2020)

2,417

2,437

2,452

2,345

2,384

2,337

2,178

2,060

2,085

1,888

1,649

1,606

1,229

1,259

1,311

1,323

1,068

1,066

1,107

1,126

1,165

1,180

1,162

1,137

1,241

775

747

704

650

625

650

607

665

696

738

608

669

653

745

769

811

Securities held to maturity, net of allowance for credit losses of $10 at March 31, 2020 (estimated fair value-$1,223 at March 31, 2020 and $1,447 at December 31, 2019)

1

1

1

6

8

19

20

20

20

20

20

20

30

33

33

34

39

39

38

39

39

39

39

40

40

40

42

42

43

43

52

53

58

59

62

63

64

67

67

68

77

Equity securities at estimated fair value

9

8

8

9

9

9

9

9

11

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other investment securities

245

222

210

201

190

176

166

175

152

162

166

163

113

111

117

125

100

98

90

92

90

96

104

104

84

73

69

67

56

60

63

62

66

68

71

69

72

74

78

79

77

Loans held for sale (at fair value-$495,932 at March 31, 2020 and $384,375 at December 31, 2019)

503

387

412

370

245

249

234

285

193

265

315

339

3

8

10

6

5

10

11

14

8

8

5

9

3

4

3

8

7

17

12

9

7

3

7

1

0

6

1

0

5

Loans

13,856

13,713

13,637

13,639

13,578

13,429

13,286

13,529

12,998

13,027

13,156

13,410

10,424

10,356

10,451

10,437

9,393

9,398

9,187

9,097

9,057

9,119

9,030

8,885

8,781

6,713

6,603

6,574

6,473

6,517

6,428

6,326

6,212

6,234

6,264

5,255

5,226

5,263

5,327

5,466

5,740

Less: Unearned income

0

1

3

4

5

7

9

12

14

15

16

17

15

15

15

14

14

14

14

15

14

14

14

13

13

9

8

7

6

6

5

11

12

3

5

3

3

3

3

3

3

Loans net of unearned income

13,855

13,712

13,633

13,635

13,572

13,422

13,276

13,516

12,984

13,011

13,140

13,392

10,409

10,341

10,435

10,422

9,378

9,384

9,173

9,082

9,043

9,104

9,015

8,872

8,768

6,704

6,595

6,567

6,466

6,511

6,422

6,314

6,200

6,230

6,259

5,252

5,222

5,260

5,324

5,463

5,736

Less: Allowance for loan losses

154

77

77

76

76

76

76

77

76

76

74

72

72

72

72

72

75

75

75

75

75

75

75

74

74

74

74

74

74

73

73

73

74

73

73

73

72

73

70

69

67

Net loans

13,700

13,635

13,556

13,558

13,495

13,345

13,199

13,439

12,907

12,934

13,065

13,319

10,336

10,268

10,363

10,350

9,302

9,308

9,098

9,006

8,967

9,029

8,940

8,797

8,693

6,630

6,520

6,492

6,392

6,437

6,348

6,241

6,126

6,156

6,185

5,178

5,149

5,187

5,253

5,394

5,668

Bank premises and equipment

96

96

94

94

94

95

99

100

103

104

104

96

75

75

76

77

72

73

73

74

76

77

78

78

78

69

69

69

70

72

73

74

75

76

76

56

55

55

55

56

57

Operating lease right-of-use assets

57

57

60

63

63

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

1,478

1,478

1,478

1,478

1,478

1,478

1,478

1,478

1,478

1,478

1,487

1,485

863

863

867

866

710

710

710

710

710

709

712

710

709

375

375

375

375

375

375

371

371

375

372

311

311

311

311

311

312

Accrued interest receivable

49

58

57

60

64

60

60

57

54

52

51

48

39

39

38

37

36

35

35

33

34

32

32

32

35

26

25

26

26

26

27

26

26

26

27

23

23

23

24

24

27

Other assets

475

441

442

439

438

457

485

488

473

484

522

545

402

414

406

415

368

378

382

399

382

402

417

426

419

322

317

314

327

329

339

337

341

351

367

312

312

314

322

306

317

TOTAL ASSETS

20,370

19,662

19,751

19,882

19,645

19,250

19,187

19,207

18,619

19,058

19,129

19,035

14,762

14,508

14,344

14,338

12,606

12,577

12,556

12,414

12,141

12,328

12,085

12,051

11,886

8,735

8,513

8,480

8,313

8,420

8,381

8,457

8,529

8,451

8,577

7,133

7,191

7,155

7,573

7,463

7,805

Liabilities
Deposits:
Noninterest-bearing

4,837

4,621

4,572

4,330

4,370

4,416

4,470

4,331

4,344

4,294

4,134

4,013

3,339

3,171

3,250

3,141

2,792

2,699

2,703

2,652

2,568

2,591

2,538

2,466

2,357

1,874

1,827

1,743

1,810

1,824

1,807

1,743

1,689

1,619

1,613

1,435

1,357

1,203

1,156

1,135

1,108

Interest-bearing

9,176

9,231

9,523

10,073

9,788

9,577

9,620

9,498

9,301

9,535

9,741

9,957

7,722

7,625

7,327

7,174

6,531

6,641

6,801

6,629

6,508

6,453

6,214

6,279

6,224

4,747

4,777

4,834

4,872

4,928

4,946

5,117

5,192

5,199

5,314

4,292

4,354

4,510

4,542

4,479

4,862

Total deposits

14,014

13,852

14,095

14,404

14,159

13,994

14,091

13,830

13,646

13,830

13,875

13,971

11,062

10,796

10,578

10,315

9,324

9,341

9,504

9,282

9,076

9,045

8,753

8,746

8,581

6,621

6,605

6,577

6,682

6,752

6,753

6,860

6,881

6,819

6,927

5,728

5,711

5,713

5,698

5,614

5,971

Borrowings:
Federal funds purchased

-

-

0

0

0

23

25

14

17

16

25

8

18

22

32

8

27

22

32

51

48

53

30

16

26

27

12

7

13

5

15

14

23

7

20

10

13

8

22

9

7

Securities sold under agreements to repurchase

124

124

129

122

127

152

153

185

250

311

316

313

210

237

359

377

315

341

341

384

325

434

396

466

581

188

178

189

215

209

273

251

240

247

239

190

256

183

304

293

211

Federal Home Loan Bank borrowings

2,326

1,851

1,672

1,548

1,603

1,439

1,284

1,560

1,060

1,271

1,272

1,122

887

897

1,023

1,295

885

850

664

704

705

830

930

861

756

592

435

438

126

186

86

86

141

141

151

151

152

202

511

512

587

Other short-term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1

2

2

3

Other long-term borrowings

236

236

235

235

235

234

234

234

233

242

242

241

224

224

224

223

223

223

223

223

222

222

249

249

249

198

198

198

198

198

198

203

203

203

203

184

184

184

184

184

184

Reserve for lending-related commitments

7

1

1

1

1

1

1

0

0

0

0

0

0

1

1

1

1

0

1

1

1

1

1

2

2

2

2

2

1

1

1

2

1

1

1

2

2

2

1

2

2

Operating lease liabilities

60

61

63

66

66

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses and other liabilities

256

170

197

170

163

152

145

139

158

145

133

140

105

93

96

102

93

84

78

79

83

84

69

69

72

63

63

60

75

73

63

57

61

61

59

61

70

67

62

66

75

TOTAL LIABILITIES

17,026

16,298

16,397

16,548

16,358

15,998

15,936

15,965

15,368

15,818

15,866

15,798

12,509

12,273

12,316

12,324

10,871

10,865

10,847

10,726

10,463

10,672

10,431

10,412

10,270

7,693

7,496

7,474

7,313

7,427

7,392

7,475

7,553

7,482

7,605

6,329

6,391

6,362

6,788

6,685

7,043

Shareholders' Equity
Preferred stock, $1.00 par value; Authorized-50,000,000 shares, none issued

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock, $2.50 par value; Authorized-200,000,000 shares; issued-105,684,479 and 105,494,290 at March 31, 2020 and December 31, 2019, respectively, including 3,960,879 and 3,940,619 shares in treasury at March 31, 2020 and December 31, 2019, respectively

264

263

263

263

263

263

263

263

262

262

262

262

202

202

191

190

174

174

173

173

173

173

173

172

172

127

127

127

127

127

127

127

127

127

127

110

110

110

110

110

110

Surplus

2,141

2,140

2,138

2,137

2,135

2,134

2,133

2,131

2,130

2,129

2,126

2,125

1,206

1,205

1,007

1,004

754

752

751

748

746

742

740

738

739

237

237

237

237

238

238

237

237

238

238

93

93

93

93

93

95

Retained earnings

1,092

1,132

1,104

1,073

1,040

1,013

984

954

924

891

909

887

885

872

859

842

836

824

814

801

788

776

765

754

742

734

731

724

718

712

706

702

697

692

687

682

678

673

667

662

653

Accumulated other comprehensive loss

-16

-34

-15

-20

-39

-57

-76

-70

-64

-42

-34

-36

-40

-44

-28

-23

-28

-38

-28

-34

-29

-35

-23

-25

-34

-43

-62

-66

-64

-65

-63

-66

-65

-66

-57

-59

-59

-60

-62

-64

-68

Treasury stock, at cost

138

137

136

120

114

101

52

37

1

1

0

0

0

0

0

0

0

0

0

0

0

0

0

1

4

15

16

17

18

20

20

20

20

22

22

22

22

23

24

25

29

TOTAL SHAREHOLDERS' EQUITY

3,343

3,363

3,354

3,333

3,286

3,251

3,251

3,242

3,251

3,240

3,263

3,237

2,252

2,235

2,028

2,013

1,735

1,712

1,709

1,688

1,678

1,656

1,653

1,639

1,616

1,041

1,017

1,006

1,000

992

988

981

976

968

972

804

799

793

784

777

761

TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY

20,370

19,662

19,751

19,882

19,645

19,250

19,187

19,207

18,619

19,058

19,129

19,035

14,762

14,508

14,344

14,338

12,606

12,577

12,556

12,414

12,141

12,328

12,085

12,051

11,886

8,735

8,513

8,480

8,313

8,420

8,381

8,457

8,529

8,451

8,577

7,133

7,191

7,155

7,573

7,463

7,805