United Bank Earnings and Mortgage Banking Summary
CREDIT QUALITY
End of Period Balances
(000s)
9/30/22
12/31/22
Non-Accrual Loans
$28,244
$23,685
90-Day Past Due Loans
$18,254
$15,565
Restructured Loans
$23,155
$19,388
Total Non-performing Loans
$69,653
$58,638
Other Real Estate Owned
$10,779
$2,052
Total Non-performing Assets
$80,432
$60,690
Non-performing Loans / Loans
0.35%
0.29%
Non-performing Assets / Total Assets
0.28%
0.21%
Annualized Net Charge-offs / Average Loans
0.04%
0.02%
Allowance for Loan & Lease Losses (ALLL)
ALLL/Loans, net of earned income
Allowance for Credit Losses (ACL)*
ACL / Loans, net of earned income
$219,611
$234,746
1.11%
1.14%
$259,309
1.32%
$280,935
1.37%
NPAs decreased $19.7 million (24.5%) compared to 3Q22 and decreased $44.9 million (42.5%) YTD.
ACL increased $21.6 million LQ primarily due to loan growth and the impact of reasonable and
supportable forecasts of future macroeconomic conditions.
PPP loans are included within the ratios above ($43 million at 9/30/22 and $35 million at 12/31/22).
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*ACL is comprised of ALLL and the reserve for lending-related commitmentsView entire presentation