United Bank Earnings and Mortgage Banking Summary
LOAN SUMMARY (EXCLUDES LOANS HELD FOR SALE)
Loans, EOP
4Q22 % of Total LQ Change
Owner Occupied CRE
1,725
8.4% $
(23)
$22,000
$20,000
$18,000
$19,722 $20,580
Non Owner Occupied CRE
6,287
30.5% $
262
$18,994
$18,051
$18,419
Commercial
3,578
17.4% $
83
$16,000
Paycheck Protection Program $
35
0.2% $
(8)
$14,000
Residential Real Estate
4,663
22.7% $
272
$12,000
Construction & Land Dev.
2,927
14.2% $
303
$10,000
Bankcard
$
9
0.0% $
1
$8,000
Consumer
$
1,357
6.6% $
(31)
$6,000
Total Gross Loans
$
20,580
100.0% $
858
$4,000
$2,000
$-
•
4Q21
1Q22
2Q22
3Q22
4Q22
$ in millions
.
Non Owner Occupied CRE
•
Industrial
6%
Hospitality
11%
Other
17%
•
Retail
22%
Office
•
17%
Multifamily
19%
Linked-Quarter loan balances increased $858 million primarily driven by
Construction & Land Development loans, Residential Real Estate loans,
and Non Owner Occupied CRE loans.
Excluding the $8 million decline in PPP loans, total loans increased $866
million (17.6% annualized) compared to 3Q22.
Loan balances within the North Carolina & South Carolina markets were
up ~31.7% YTD (excluding PPP).
Non Owner Occupied CRE to Total Risk Based Capital was ~255% at
4Q22. CRE portfolio remains diversified among underlying collateral
types.
Total purchase accounting-related fair value discount on loans was $47
million as of 12/31/22.
9
Special
Purpose
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