UNITED COMMUNITY BANKS INC company info

CIK 857855
IRS Number 581807304
State of incorporation GA
Business address P O BOX 398, 59 HIGHWAY 515
None
BLAIRSVILLE
GA
30512
Mail address P O BOX 398
HIGHWAY 515
BLAIRSVILLE
GA
30512

Short summary

UNITED COMMUNITY BANKS INC is a Georgia company, with head office located at P O Box 398, 59 Highway 515 Blairsville, Georgia 30512. The company achieved a record breaking net income in 2013 - 273.14 million USD. In 2017 the company owned a total of 12.26 billion USD worth of assets. The company amassed the most assets last year, totalling up to 12.26 billion USD.

UNITED COMMUNITY BANKS INC Income Statement

Name [in Millions USD]2008200920102011201220132014201520162017Trends
Operating Expenses 174.30162.87211.24
Interest expense 159.73100.0765.6837.9127.6825.5521.1125.2433.74
Income Tax Expense (Benefit) -90.6671.22-3.981.05-238.1939.4543.4462.34105.01
Net income -228.33-502.34-226.7533.86273.1467.6271.58100.6667.82

UNITED COMMUNITY BANKS INC Balance Sheet

Name [in Millions USD]2008200920102011201220132014201520162017Trends
Cash and cash equivalents 493.42368.50380.19304.45260.58240.06204.90207.64233.19314.28
Collateral Already Posted, Aggregate Fair Value 19.1018.50
Property, Plant and Equipment, Gross 262.21263.15258.42254.32279.28300.29322.87
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 87.1294.2394.8394.93101.11110.36114.02
Goodwill 210.5914.53131.31142.03306.42
Total assets 7,652.487,409.676,737.117,162.647,352.078,246.309,928.4710,837.4112,264.26
Long-term Debt, Excluding Current Maturities -1.78-4.98
Long-term Debt 150.11150.19120.27124.85129.87113.90164.07175.36325.96
Total liabilities 6,748.076,549.696,161.116,333.336,630.107,419.078,868.749,704.7710,907.50
Common Stock, Value, Issued 18.8641.5641.7343.3650.0654.4269.8670.9879.12
Retained Earnings (Accumulated Deficit) -77.59-476.23-718.90473.53418.58-358.29-293.42-212.61-181.88
Accumulated Other Comprehensive Income (Loss), Net of Tax 44.7330.33-17.11-13.7916.02-16.97-4.00-11.62-46.19

UNITED COMMUNITY BANKS INC Cash Flow

Name [in Millions USD]2008200920102011201220132014201520162017Trends
Net income -228.33-502.34-226.7533.86273.1467.6271.58100.6667.82
Amortization of Intangible Assets 3.103.163.022.922.031.352.444.184.85
Depreciation and amortization 14.5516.3921.0832.5626.3919.9522.6529.9727.49
Deferred Income Tax Expense (Benefit) -49.9969.250-241.6638.2338.3059.7399.56
Net Cash Provided by (Used in) Operating Activities 139.56123.39185.45183.08191.65101.90
Payments to Acquire Property, Plant, and Equipment 14.877.137.214.128.145.0510.5317.3822.18
Net Cash Provided by (Used in) Investing Activities 403.95373.29-397.54-102.01-482.79-237.50
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -482.79-234.88-400.44-732.33-45.51
Proceeds from Issuance of Long-term Debt 354083.92
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures -0.11
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures -0.11
Proceeds from Stock Plans 2.151.831.450.89
Payments for Repurchase of Common Stock 13.66
Payments of Ordinary Dividends, Common Stock 1.8114.8215.8526.21
Net Cash Provided by (Used in) Financing Activities -660.56-223.59-58.95-208.33268.8999.36
Cash and Cash Equivalents, Period Increase (Decrease) -117.05273.09-271.04-127.27-22.25-36.2447.71-23.0296.93