UNITED COMMUNITY BANKS, INC. UCBI Income Statement

United community banks, inc. (UCBI)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Interest revenue:
Loans, including fees
478,843	476,039	469,662	455,352	439,173	420,383	395,530	367,459	338,792	315,050	299,310	288,486	277,133	268,382	260,330	248,064	237,568	223,256	210,491	202,970	198,255	196,279	194,716	195,177	197,646	200,893	205,352	209,106	212,554	217,378	226,466	231,892	238,672	244,020	249,778	261,095	0	0	0
Investment securities:
Investment securities, including tax exempt of $1,523 and $1,169
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
Deposits in banks and short-term investments
2,834	2,183	1,604	1,865	1,925	2,012	1,982	2,195	2,289	2,282	2,078	1,959	2,173	2,611	3,283	3,555	3,573	3,428	3,363	3,444	3,629	3,660	3,753	3,826	3,762	3,789	3,686	3,664	3,844	3,986	3,582	2,858	2,514	2,321	2,551	3,049	0	0	0
Total interest revenue
552,737	552,706	550,141	538,247	521,306	500,080	472,983	443,101	414,052	389,720	370,741	357,341	345,257	335,020	326,604	311,993	296,719	278,532	263,125	255,230	250,828	248,432	245,855	243,915	244,229	245,840	248,769	253,335	257,951	265,977	278,116	286,680	296,846	302,601	310,004	323,080	0	0	0
Interest expense:
NOW and interest-bearing demand
-	-	-	11,887	-	-	-	4,549	3,881	-	2,454	2,206	2,015	1,903	1,807	1,692	1,596	1,505	1,514	1,542	1,605	1,651	1,689	1,737	1,745	1,759	1,748	1,782	1,866	2,049	2,394	2,778	3,311	3,998	4,896	5,810	0	0	0
Interest Expense, Money Market Deposits
-	-	-	16,469	-	-	-	8,806	7,782	-	6,259	5,653	5,300	4,982	4,667	4,301	3,901	3,466	3,328	3,219	3,170	3,060	2,761	2,434	2,211	2,210	2,258	2,312	2,439	2,518	2,701	3,231	4,069	5,456	6,586	7,286	0	0	0
Savings
-	-	-	140	-	-	-	164	157	-	122	131	133	135	129	111	107	98	91	86	81	81	85	102	117	133	147	147	149	150	153	168	194	234	276	307	0	0	0
Time
-	-	-	29,707	-	-	-	11,296	8,477	-	5,341	4,138	3,502	3,136	2,974	3,137	3,289	3,756	4,457	5,348	6,471	7,133	7,247	8,012	8,944	10,464	11,980	14,106	16,229	19,097	23,145	27,619	33,541	39,114	47,912	56,544	0	0	0
Deposits
65,974	66,856	64,375	58,203	49,207	39,543	31,199	24,815	20,297	17,062	14,176	12,128	10,950	10,156	9,577	9,241	8,893	8,825	9,390	10,195	11,327	11,925	11,782	12,285	13,017	14,566	16,133	18,347	20,683	23,814	28,393	33,796	41,115	48,802	59,670	69,947	0	0	0
Short-term borrowings
678	838	1,178	1,023	973	1,112	947	709	612	352	298	360	352	399	363	364	353	364	375	592	1,418	2,160	2,572	2,781	2,395	2,071	2,087	2,076	2,458	2,987	3,516	4,083	4,253	4,250	4,265	4,240	0	0	0
Federal Home Loan Bank advances
1,276	2,697	3,489	4,759	5,643	6,345	7,043	6,961	6,789	6,095	5,548	4,854	4,373	3,676	3,167	2,613	2,084	1,743	1,646	1,620	1,246	912	576	157	107	68	90	100	460	907	1,323	1,738	1,918	2,042	2,397	2,930	0	0	0
Long-term debt
12,443	12,921	13,464	13,855	14,384	14,330	12,415	11,572	10,638	10,226	11,317	11,383	11,196	11,005	10,874	10,715	10,256	10,177	10,121	10,094	10,526	10,554	10,560	10,921	10,949	10,977	11,413	10,782	10,491	10,201	9,494	9,764	10,136	10,544	10,834	10,859	0	0	0
Total interest expense
80,371	83,312	82,506	77,840	70,207	61,330	51,604	44,057	38,336	33,735	31,339	28,725	26,871	25,236	23,981	22,933	21,586	21,109	21,532	22,501	24,517	25,551	25,490	26,144	26,468	27,682	29,723	31,305	34,092	37,909	42,726	49,381	57,422	65,638	77,166	87,976	0	0	0
Net interest revenue
472,366	469,394	467,635	460,407	451,099	438,750	421,379	399,044	375,716	355,985	339,402	328,616	318,386	309,784	302,623	289,060	275,133	257,423	241,593	232,729	226,311	222,881	220,365	217,771	217,761	218,158	219,046	222,030	223,859	228,068	235,390	237,299	239,424	236,963	232,838	235,104	0	0	0
Provision for Loan, Lease, and Other Losses
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for credit losses
-	-	11,750	10,450	-	9,500	8,600	7,800	6,800	3,800	2,600	1,300	200	-800	-500	500	1,700	3,700	5,200	6,500	7,800	8,500	9,700	10,700	57,000	65,500	76,500	89,000	58,500	62,500	62,500	83,000	76,000	251,000	287,500	313,000	0	0	0
Net interest revenue after provision for credit losses
440,325	456,244	455,885	449,957	442,099	429,250	412,779	391,244	368,916	352,185	336,802	327,316	318,186	310,584	303,123	288,560	273,433	253,723	236,393	226,229	218,511	214,381	210,665	207,071	160,761	152,658	142,546	133,030	165,359	165,568	172,890	154,299	163,424	-14,037	-54,662	-77,896	0	0	0
Noninterest income:
Securities gains (losses), net
-	-	-	-	-	-	-	-	-	-	0	323	601	-	1,300	1,364	1,095	2,255	2,085	1,771	6,193	4,871	4,733	4,722	287	186	147	147	6,637	7,078	7,051	7,051	1,344	842	3,329	0	0	0	-
Losses on prepayment of borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,294	-5,740	0	0	-	-	0	-	-	-	-	-	-6,681	-6,681	-7,472	0	-	0	0	-	0	-
Service charges and other related fees
-	-	-	-	-	-	-	-	19,200	-	16,291	17,705	17,642	16,485	15,483	12,126	10,237	9,834	8,727	8,387	7,703	7,114	7,448	7,441	9,585	10,025	9,418	10,117	7,841	10,480	6,604	6,025	9,058	7,341	11,687	11,106	0	0	0
Brokerage fees
6,453	6,150	6,217	6,043	5,656	5,191	4,666	4,150	4,095	4,633	4,476	4,666	4,637	4,280	4,427	4,428	4,543	5,041	5,159	5,168	5,181	4,807	4,992	5,057	4,875	4,465	3,855	3,290	3,036	3,082	3,113	3,240	3,122	2,986	2,935	2,685	0	0	0
Goodwill impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Gains from sales of other loans, net
0	-	-	7,871	0	-	-	10,087	10,312	10,493	10,419	10,092	10,267	9,545	8,512	7,679	6,372	6,276	5,226	4,324	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Debt Securities, Available-for-sale, Realized Gain (Loss)
-754	-1,021	528	530	17	-656	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
27,933	28,775	26,107	24,989	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total noninterest income
109,559	104,713	97,575	92,724	91,533	92,961	91,844	88,237	88,582	88,260	91,565	97,353	97,165	93,697	89,748	81,684	75,453	72,529	66,068	62,183	59,060	55,554	54,331	54,063	55,863	56,598	57,100	56,720	53,644	56,112	49,676	47,410	48,448	44,907	50,102	50,183	0	0	0
Total revenue
549,884	560,957	553,460	542,681	533,632	522,211	504,623	479,481	457,498	440,445	428,367	424,669	415,351	404,281	392,871	370,244	348,886	326,252	302,461	288,412	277,571	269,935	264,996	261,134	216,624	209,256	199,646	189,750	219,003	221,680	222,566	201,709	211,872	30,870	-4,560	-27,713	0	0	0
Noninterest expenses:
Salaries and employee benefits
200,295	196,440	191,792	188,437	185,643	181,015	176,426	167,307	159,282	153,098	147,733	146,184	142,418	138,789	136,051	128,915	123,304	116,688	110,341	106,665	102,991	100,941	99,166	96,590	97,037	96,233	95,002	94,830	94,393	96,026	95,913	98,257	100,396	100,095	101,513	99,841	0	0	0
Communications and equipment
24,771	24,613	24,439	23,806	22,433	21,277	20,288	19,245	19,374	19,660	19,196	19,568	18,983	18,355	18,337	17,381	16,292	15,273	13,691	12,822	12,555	12,523	12,784	12,995	13,426	13,233	13,139	13,088	12,831	12,940	12,749	12,779	12,946	13,135	13,626	13,853	0	0	0
Occupancy
23,480	23,350	23,266	23,124	22,752	22,781	22,481	21,647	21,008	20,344	20,012	20,199	19,829	19,603	19,059	17,940	16,817	15,372	14,154	13,566	13,413	13,513	13,800	13,754	13,941	13,930	13,650	13,810	13,900	14,304	14,821	15,076	15,342	15,645	15,393	15,435	0	0	0
Advertising and public relations
6,158	6,170	5,906	5,974	5,762	5,991	5,236	4,820	4,696	4,242	4,498	4,560	4,623	4,426	4,253	3,977	3,781	3,667	3,491	3,573	3,585	3,461	3,440	3,508	3,406	3,718	3,924	3,896	3,947	3,855	3,812	3,930	4,159	4,291	4,475	4,775	0	0	0
Postage, printing and supplies
6,454	6,370	6,253	6,209	6,365	6,416	6,721	6,558	6,219	5,952	5,480	5,520	5,472	5,382	5,322	4,920	4,615	4,273	4,066	3,893	3,704	3,542	3,338	3,106	3,196	3,283	3,451	3,761	3,783	3,899	3,866	3,948	4,117	4,256	4,258	3,987	0	0	0
Professional fees
17,964	17,028	16,035	15,247	14,657	15,540	15,118	14,167	13,074	12,074	11,164	11,348	12,166	11,822	12,380	11,888	10,956	10,175	8,878	8,484	8,399	7,907	7,975	8,351	8,678	9,617	10,200	9,730	9,183	8,792	8,103	7,974	8,372	9,727	9,848	9,975	0	0	0
Lending and loan servicing expense
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Outside services - electronic banking
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FDIC assessments and other regulatory charges
4,675	4,901	5,385	7,299	7,725	8,491	8,453	8,352	7,727	6,534	6,171	5,456	5,625	5,866	5,916	5,640	5,421	5,106	4,526	4,521	4,648	4,792	5,713	6,987	8,067	9,219	9,920	10,052	10,092	10,097	10,191	10,257	11,356	14,259	14,916	15,879	0	0	0
Amortization of intangibles
4,685	4,938	5,265	5,736	6,241	6,846	7,186	6,717	5,770	4,845	4,151	4,058	4,145	4,182	4,157	3,752	3,212	2,444	0	0	0	-	-	-	-	2,031	2,350	2,651	2,890	2,917	2,936	2,956	2,986	3,016	3,063	3,109	0	0	0
Foreclosed property
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,869	12,289	15,801	12,501	13,993	18,684	17,791	17,831	78,905	89,355	101,082	0	0	0
Merger-related and other charges
7,169	6,907	7,946	5,520	3,906	5,414	11,290	14,351	13,901	13,901	8,201	8,177	7,523	8,122	12,725	12,746	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
15,430	15,092	13,513	13,242	14,147	17,194	16,727	14,718	13,210	12,962	26,444	26,329	25,446	24,742	23,890	22,606	20,984	20,213	16,220	15,396	15,357	14,204	15,745	14,782	14,971	15,171	19,491	20,483	20,069	19,951	16,053	15,897	15,778	18,270	18,978	19,277	0	0	0
Total noninterest expenses
327,699	322,245	319,063	313,857	308,894	306,285	303,925	291,881	278,260	267,611	253,050	251,399	246,230	241,289	245,456	235,702	226,062	211,238	187,669	174,764	166,876	162,865	162,560	161,293	169,584	174,304	183,416	188,102	183,589	186,774	187,128	188,865	193,283	261,599	486,015	543,152	0	0	0
Net income before income taxes
222,185	238,712	234,397	228,824	224,738	215,926	200,698	187,600	179,238	172,834	175,317	173,270	169,121	162,992	147,415	134,542	122,824	115,014	114,792	113,648	110,695	107,070	102,436	99,841	47,040	34,952	16,230	1,648	35,414	34,906	35,438	12,844	18,589	-230,729	-490,575	-570,865	0	0	0
Income tax expense
48,842	52,991	52,623	51,723	52,023	49,815	91,618	94,246	97,283	105,013	68,359	68,384	67,236	62,336	55,772	50,886	46,621	43,436	43,175	42,302	40,805	39,450	37,152	36,673	-229,735	-238,188	-246,260	-255,910	1,321	1,050	-3,058	-3,745	-3,529	-3,983	-17,513	-49,610	0	0	0
Net income (loss) from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Net Income (Loss) Attributable to Parent
173,343	185,721	181,846	177,166	172,715	166,111	109,058	93,322	81,955	67,821	106,958	104,886	101,885	100,656	91,643	83,656	76,203	71,578	71,617	71,346	69,890	67,620	65,284	63,168	276,775	273,140	262,490	257,558	34,093	33,856	38,496	16,589	22,118	-226,746	-473,062	-521,255	0	0	0
Preferred stock dividends and discount accretion
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	-	439	3,351	6,410	9,465	12,078	12,211	12,193	12,170	12,148	12,128	12,106	12,090	11,838	11,394	10,952	0	0	0
Net income available to common shareholders
172,040	184,346	180,533	175,903	171,493	164,927	107,861	92,199	81,107	67,250	106,731	104,886	101,885	100,635	91,597	83,585	76,115	71,511	71,575	71,329	69,890	67,181	61,933	56,758	267,310	261,062	250,279	245,365	21,923	21,708	26,368	4,483	10,028	-238,584	-484,456	-532,207	0	0	0
Earnings Per Share [Abstract]
Earnings (loss) from continuing operations per common share - Basic
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-12.62	-3.29
Earnings (loss) from continuing operations per common share - Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-12.62	-3.29
Basic (in dollars per share)
0.40	0.61	0.60	0.55	0.55	0.57	0.54	0.49	0.47	-0.18	0.38	0.39	0.33	0.38	0.36	0.35	0.31	0.25	0.27	0.28	0.29	0.30	0.29	0.27	0.25	0.18	0.21	3.90	0.15	-	0.13	-	-	-	-	0.35	-	-12.62	-3.29
Diluted (in dollars per share)
0.40	0.61	0.60	0.55	0.55	0.57	0.54	0.49	0.47	-0.18	0.38	0.39	0.33	0.38	0.36	0.35	0.31	0.25	0.27	0.28	0.29	0.30	0.29	0.27	0.25	0.18	0.21	3.90	0.15	-	0.13	-	-	-	-	0.16	-	-12.62	-3.29
Weighted average common shares outstanding:
Basic (in shares)
79,340	79,657	79,663	79,673	79,807	79,892	79,806	79,745	79,205	147,955	73,151	71,810	71	143,849	71,556	72	72,162	133,048	66,294	62,549	60	121,456	60,776	60	60,059	59,826	59,100	58,141	58,081	-	57,880	-	-	-	-	25,427	-	18,936	18,905
Diluted (in shares)
79,446	79,674	79,667	79,678	79,813	79,896	79,818	79,755	79,215	147,982	73,162	71,820	71	143,860	71,561	72	72,166	133,054	66,300	62,553	60	121,459	60,779	60	60,061	59,956	59,202	58,141	58,081	-	57,880	-	-	-	-	57,543	-	18,936	18,905
Earnings per common share - basic / diluted (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.06	0.15	-	-0.25	-	-13.00	-	-
Weighted average common shares outstanding - basic / diluted (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	57,840	57,764	-	57,599	-	18,466	-	-
Service charges and fees
Service charges and other related fees
36,982	36,797	36,595	35,791	35,525	35,997	35,601	34,709	36,616	38,295	40,178	42,777	42,591	42,113	42,960	41,476	39,336	36,825	33,771	32,638	32,790	33,073	32,793	33,047	32,492	31,997	32,206	31,446	31,290	31,670	30,543	30,381	30,173	29,110	29,510	29,969	0	0	0
Mortgage loan gains and other related fees
Service charges and other related fees
31,707	27,145	20,832	17,436	17,399	19,010	20,813	19,751	19,255	18,320	19,951	21,790	21,427	20,292	17,066	14,867	14,126	13,592	12,413	10,751	8,921	7,520	7,122	7,498	8,624	9,925	11,474	11,720	11,039	10,483	9,046	7,394	6,024	5,419	5,665	6,118	0	0	0
SBA/USDA loans
Gains from sales of SBA/USDA loans
-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-