United Community Bank Mortgage Rates, Fees & Info

Chatham, IL

LEI: 5493000XYE7QL54NMB52

Tax ID: 37-0863264

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    United Community Bank is a smaller bank specializing in Home Purchase, Refi, and Cash Out Refi loans. United Community Bank has a high proportion of conventional loans. They have a low ratio of USDA loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Springfield, St. Louis, Quincy, Fort Madison, and Chicago among others. We have data for 55 markets. (Some data included below & more in-depth data is available with an active subscription.)

    United Community Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. United Community Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.36% 11/21/24
    30 Year Conventional Purchase 6.73% 11/21/24
    30 Year Conventional Refi 6.69% 11/21/24
    30 Year Cash-out Refi 6.75% 11/21/24
    30 Year FHA Purchase 7.28% 11/21/24
    30 Year FHA Refi 7.03% 11/21/24
    30 Year VA Purchase 6.56% 11/21/24
    30 Year VA Refi 6.27% 11/21/24
    30 Year USDA Purchase 6.66% 11/21/24
    30 Year USDA Refi 6.67% 11/21/24
    15 Year Conventional Purchase 5.99% 11/21/24
    15 Year Conventional Refi 6.04% 11/21/24
    15 Year Cash-out Refi 6.04% 11/21/24
    15 Year FHA Purchase 7.10% 11/21/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    United Community Bank Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from United Community Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    2,371

    Origination Dollar Volume (All Markets)

    $321,545,000

    Employee count

    568 Show all (24) awards

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    SPRINGFIELD, IL (FHA|USDA|VA) 798 $119,480,000 $149,724 $1,554 2.84%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 514 $66,650,000 $129,669 $1,536 2.93%
    Quincy, IL-MO (FHA|USDA|VA) 330 $41,530,000 $125,848 $1,409 3.04%
    Outside of Metro Areas 182 $18,900,000 $103,846 $1,761 3.02%
    Fort Madison-Keokuk, IA-IL-MO (FHA|USDA|VA) 137 $14,675,000 $107,117 $1,610 2.94%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 42 $7,890,000 $187,857 $1,771 2.62%
    Hannibal, MO (FHA|USDA|VA) 46 $6,450,000 $140,217 $1,361 2.81%
    Macomb, IL (FHA|USDA|VA) 65 $6,125,000 $94,231 $1,891 2.92%
    Lincoln, IL (FHA|USDA|VA) 51 $5,325,000 $104,412 $2,113 2.83%
    Jacksonville, IL (FHA|USDA|VA) 26 $3,190,000 $122,692 $1,503 3.01%
    PEORIA, IL (FHA|USDA|VA) 23 $2,765,000 $120,217 $2,132 2.84%
    Taylorville, IL (FHA|USDA|VA) 21 $2,555,000 $121,667 $1,484 2.71%
    BLOOMINGTON, IL (FHA|USDA|VA) 16 $2,230,000 $139,375 $1,280 2.48%
    CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 13 $1,945,000 $149,615 $1,680 2.54%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $1,655,000 $1,655,000 $0 3.00%
    CARBONDALE-MARION, IL (FHA|USDA|VA) 13 $1,495,000 $115,000 $2,063 2.87%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 4 $1,460,000 $365,000 $3,057 3.66%
    DECATUR, IL (FHA|USDA|VA) 11 $1,325,000 $120,455 $1,653 2.60%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 5 $1,255,000 $251,000 $3,229 3.35%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 3 $1,195,000 $398,333 $1,220 3.22%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $1,030,000 $515,000 $2,543 2.78%
    ST. JOSEPH, MO-KS (FHA|USDA|VA) 7 $855,000 $122,143 $2,264 3.04%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 2 $850,000 $425,000 $1,929 2.86%
    Rochelle, IL (FHA|USDA|VA) 5 $835,000 $167,000 $5,598 3.18%
    Ottawa, IL (FHA|USDA|VA) 5 $835,000 $167,000 $2,544 3.31%
    ROCKFORD, IL (FHA|USDA|VA) 4 $690,000 $172,500 $4,265 3.24%
    COLUMBIA, MO (FHA|USDA|VA) 2 $680,000 $340,000 $1,640 2.26%
    SALT LAKE CITY, UT (FHA|USDA|VA) 2 $600,000 $300,000 $2,067 2.11%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 2 $580,000 $290,000 $3,396 2.94%
    RALEIGH-CARY, NC (FHA|USDA|VA) 2 $570,000 $285,000 $2,773 3.54%
    DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $545,000 $545,000 $2,032 2.10%
    Effingham, IL (FHA|USDA|VA) 3 $415,000 $138,333 $1,290 2.74%
    Bozeman, MT (FHA|USDA|VA) 1 $355,000 $355,000 $2,600 3.25%
    NILES, MI (FHA|USDA|VA) 1 $345,000 $345,000 $2,178 2.73%
    Warrensburg, MO (FHA|USDA|VA) 2 $340,000 $170,000 $761 3.64%
    Dixon, IL (FHA|USDA|VA) 3 $315,000 $105,000 $3,600 3.63%
    TUCSON, AZ (FHA|USDA|VA) 1 $295,000 $295,000 $3,939 2.43%
    Centralia, IL (FHA|USDA|VA) 2 $280,000 $140,000 $1,097 2.10%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $265,000 $265,000 $2,455 3.18%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 2 $250,000 $125,000 $1,062 3.68%
    Pontiac, IL (FHA|USDA|VA) 2 $250,000 $125,000 $1,495 2.40%
    MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 1 $245,000 $245,000 $1,444 2.73%
    KANKAKEE, IL (FHA|USDA|VA) 2 $230,000 $115,000 $1,298 3.23%
    IOWA CITY, IA (FHA|USDA|VA) 1 $225,000 $225,000 $7,909 2.88%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $205,000 $205,000 $2,030 2.13%
    SYRACUSE, NY (FHA|USDA|VA) 1 $185,000 $185,000 $3,124 3.73%
    Burlington, IA-IL (FHA|USDA|VA) 3 $165,000 $55,000 $1,317 3.47%
    Galesburg, IL (FHA|USDA|VA) 2 $160,000 $80,000 $3,211 3.25%
    Fort Payne, AL (FHA|USDA|VA) 1 $155,000 $155,000 $2,906 2.65%
    ALBUQUERQUE, NM (FHA|USDA|VA) 1 $145,000 $145,000 $2,553 2.08%
    PINE BLUFF, AR (FHA|USDA|VA) 1 $135,000 $135,000 $2,129 2.98%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $125,000 $125,000 $1,908 2.53%
    ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 1 $115,000 $115,000 $2,188 3.13%
    Paducah, KY-IL (FHA|USDA|VA) 1 $115,000 $115,000 $1,308 2.55%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $65,000 $65,000 $1,275 2.03%
    United Community Bank's top markets include Springfield, St. Louis, Quincy, Fort Madison, and Chicago among others.

    Their top states include:
  • Illinois (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Iowa (FHA|USDA|VA)
  • Indiana (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against United Community Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    First Savings Bank of Hegewisch
    Similarity Rank: 45
    Alliance Community Bank
    Similarity Rank: 128
    First Bankers Trust Company
    Similarity Rank: 144
    Liberty Bank for Savings
    Similarity Rank: 153
    HEARTLAND
    Similarity Rank: 161
    Morton Community Bank
    Similarity Rank: 238
    IOWA BANKERS MORTGAGE CORPORATION
    Similarity Rank: 316
    Prairie State Bank and Trust
    Similarity Rank: 319
    HomeBank
    Similarity Rank: 323
    Town & Country Bank
    Similarity Rank: 328

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,171 $297,755,000 $137,151 $1,406 2.92%
    USDA 105 $10,605,000 $101,000 $2,715 2.75%
    FHA 65 $7,405,000 $113,923 $4,529 2.94%
    VA 28 $5,490,000 $196,071 $5,392 2.60%
    HELOC 1 $35,000 $35,000 n/a 3.99%
    VA 1 $255,000 $255,000 $0 2.38%

    For 2021, United Community Bank's most frequently originated type of loan was Conventional, with 2,171 originations. Their 2nd most popular type was USDA, with 105 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,029 $148,095,000 $143,921 $2,041 3.06%
    Refi 770 $103,440,000 $134,338 $1,264 2.68%
    Cash Out Refi 469 $64,435,000 $137,388 $1,553 2.72%
    Home Improvement 72 $3,510,000 $48,750 $612 4.13%
    Other 30 $2,030,000 $67,667 $762 3.55%
    NA 1 $35,000 $35,000 $0 4.75%

    For 2021, United Community Bank's most frequently cited loan purpose was Home Purchase, with 1,029 originations. The 2nd most popular reason was Refi, with 770 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,119 $170,115,000 $152,024 $1,950 3.02%
    15 Year 595 $75,215,000 $126,412 $1,326 2.51%
    20 Year 205 $28,425,000 $138,659 $1,440 2.88%
    10 Year 195 $17,865,000 $91,615 $1,198 2.35%
    Other 118 $16,100,000 $136,441 $1,011 3.77%
    5 Year 109 $9,545,000 $87,569 $342 3.92%
    1 Year 26 $4,240,000 $163,077 $1,011 3.39%
    3 Year 4 $40,000 $10,000 $194 3.69%

    For 2021, United Community Bank's most frequently cited loan duration was 30 Year, with 1,119 originations. The 2nd most popular length was 15 Year, with 595 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,985 $267,315,000 $134,668
    $1k-2k 107 $16,665,000 $155,748
    $2k-3k 29 $6,455,000 $222,586
    $3k-4k 10 $2,760,000 $276,000
    $4k-5k 4 $1,600,000 $400,000

    United Community Bank's average total fees were $1,950, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,985 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 792 $107,500,000 $135,732
    2.5-3% 747 $112,345,000 $150,395
    <2.5% 728 $94,510,000 $129,821
    4-5% 103 $6,775,000 $65,777
    5-6% 1 $415,000 $415,000

    During 2021, United Community Bank's average interest rate for loans was 3.02%, while their most frequently originated rate bucket for loans was 3-4%, with 792 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 1,015 $63,755,000 $62,813 $1,362 3.01%
    $100k-200k 926 $129,010,000 $139,320 $1,688 2.82%
    $200k-400k 372 $98,450,000 $264,651 $1,966 2.85%
    $400k-600k 53 $25,465,000 $480,472 $2,221 2.88%
    $600k-1MM 4 $3,210,000 $802,500 $4,500 3.27%
    $1MM+ 1 $1,655,000 $1,655,000 $0 3.00%

    2021 saw United Community Bank place emphasis on $100,000 or less loans with 1,015 originations, totaling $63,755,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 557 $60,725,000 $109,022 $1,628 2.85%
    $100k-150k 491 $81,545,000 $166,079 $1,567 2.86%
    $50k or less 486 $39,950,000 $82,202 $1,681 2.88%
    $75k-100k 409 $50,895,000 $124,438 $1,564 2.90%
    $150k-250k 236 $50,160,000 $212,542 $1,656 2.84%
    $250k+ 94 $27,010,000 $287,340 $1,787 3.04%

    United Community Bank lent most frequently to those with incomes in the $50k-75k range, with 557 originations. The second most popular income band? $100k-150k, with 491 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 756 $101,690,000 $134,511 $1,549 2.78%
    30-36% 446 $59,130,000 $132,578 $1,665 2.85%
    <20% 423 $52,835,000 $124,905 $1,390 2.78%
    37% 71 $9,835,000 $138,521 $1,717 2.84%
    40% 70 $10,050,000 $143,571 $1,786 3.00%
    41% 69 $9,675,000 $140,217 $1,560 3.06%
    36% 62 $8,330,000 $134,355 $2,066 2.93%
    38% 58 $8,530,000 $147,069 $1,799 2.83%
    42% 57 $8,855,000 $155,351 $1,597 3.29%
    39% 57 $7,425,000 $130,263 $1,770 3.03%
    44% 37 $5,455,000 $147,432 $2,223 2.90%
    43% 31 $4,745,000 $153,065 $1,790 3.01%
    45% 27 $4,595,000 $170,185 $1,817 2.81%
    46% 26 $4,000,000 $153,846 $1,827 3.04%
    47% 18 $2,570,000 $142,778 $2,224 2.67%
    48% 17 $2,525,000 $148,529 $2,569 2.93%
    49% 10 $1,840,000 $184,000 $1,510 2.78%
    50-60% 6 $1,530,000 $255,000 $1,740 3.90%

    United Community Bank lent most frequently to those with DTI ratios of 20-30%, with 756 originations. The next most common DTI ratio? 30-36%, with 446 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,162 $291,440,000 $134,801 $1,620 2.87%
    Not provided 77 $11,615,000 $150,844 $1,608 2.96%
    Not applicable 70 $8,550,000 $122,143 $0 3.93%
    Asian 30 $5,880,000 $196,000 $1,546 2.82%
    Black 21 $2,675,000 $127,381 $1,713 3.05%
    American Indian 8 $890,000 $111,250 $1,283 2.57%
    Asian Indian 2 $400,000 $200,000 $1,164 3.46%
    Native Hawaiian or Islander 1 $95,000 $95,000 $499 3.25%

    Approval Rates

    Total approvals of all applications
    91.69%

    United Community Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    83.42%

    United Community Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,371 $321,545,000 $135,616

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    2,371 $321,545,000 $135,616

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 182 $15,180,000 $83,407 $1,093 2.90%
    40-60% 329 $40,905,000 $124,331 $1,334 2.62%
    60-80% 917 $136,675,000 $149,046 $1,464 2.86%
    80-100% 842 $124,040,000 $147,316 $2,054 2.96%
    Over 100% 11 $1,715,000 $155,909 $6,497 3.45%
    Under 20% 88 $2,840,000 $32,273 $560 3.86%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    UNITED COMMUNITY BANK Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 20.0%
    UNITED COMMUNITY BANK Home equity loan or line of credit (HELOC) Trouble during payment process 1 20.0%
    UNITED COMMUNITY BANK Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 20.0%
    UNITED COMMUNITY BANK Other type of mortgage Trouble during payment process 1 20.0%
    UNITED COMMUNITY BANK Conventional home mortgage Trouble during payment process 1 20.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    United Community Bank 1 Professional Plaza Pittsfield, IL 62363 Full Service B&M $63,815
    United Community Bank 101 N. 36th Street Quincy, IL 62301 Full Service B&M $16,449
    United Community Bank 101-103 East Main Street Mount Sterling, IL 62353 Full Service B&M $63,511
    United Community Bank 102 Church Street Loami, IL 62661 Limited, Drive-thru $0
    United Community Bank 105 West Franklin Hudson, IL 61748 Full Service B&M $25,288
    United Community Bank 109 East Depot Street Colchester, IL 62326 Full Service B&M $19,076
    United Community Bank 1111 Broadway Hamilton, IL 62341 Full Service B&M $63,990
    United Community Bank 120 Governor Oglesby Street Elkhart, IL 62634 Full Service B&M $9,573
    United Community Bank 120 Illini Boulevard Sherman, IL 62684 Full Service B&M $51,369
    United Community Bank 120 South Chatham Road Springfield, IL 62704 Full Service B&M $49,275
    United Community Bank 123 West Lafayette Palmyra, MO 63461 Full Service B&M $29,454
    United Community Bank 129 North Washington Bunker Hill, IL 62014 Full Service B&M $64,246
    United Community Bank 1700 East Jackson Street Macomb, IL 61455 Full Service B&M $5,434
    United Community Bank 190 East Hurst Bushnell, IL 61422 Full Service B&M $19,058
    United Community Bank 1900 West Iles Avenue Springfield, IL 62704 Full Service B&M $340,736
    United Community Bank 200 North 33rd Street Quincy, IL 62301 Full Service B&M $314,768
    United Community Bank 200 North Fifth Street Auburn, IL 62615 Limited, Administrative $0
    United Community Bank 200 Reichert Road Divernon, IL 62530 Full Service B&M $37,011
    United Community Bank 206 East Wood Camp Point, IL 62320 Full Service B&M $51,710
    United Community Bank 21 East Market Winchester, IL 62694 Full Service B&M $28,154
    United Community Bank 2120 North Peoria Road Springfield, IL 62702 Full Service B&M $21,077
    United Community Bank 215 South Morse Street Roodhouse, IL 62082 Full Service B&M $26,294
    United Community Bank 2201 Woodlawn Road, Suite 100 Lincoln, IL 62656 Full Service B&M $37,709
    United Community Bank 2403 Homer Adams Parkway Alton, IL 62002 Full Service B&M $146,791
    United Community Bank 2711 Godfrey Road Godfrey, IL 62035 Full Service B&M $108,101
    United Community Bank 301 North Main Street Chatham, IL 62629 Full Service B&M $299,030
    United Community Bank 301 South Macoupin Street Gillespie, IL 62033 Full Service B&M $87,033
    United Community Bank 3112 Godfrey Road Godfrey, IL 62035 Full Service B&M $59,374
    United Community Bank 3200 West Iles Avenue Springfield, IL 62711 Full Service B&M $51,874
    United Community Bank 321 Quincy Street Golden, IL 62339 Full Service B&M $23,207
    United Community Bank 353 West Bethalto Rd Bethalto, IL 62010 Full Service Retail $43,223
    United Community Bank 402 Main Street Greenfield, IL 62044 Full Service B&M $41,159
    United Community Bank 404 North Broad Street Carlinville, IL 62626 Full Service B&M $35,118
    United Community Bank 410 Buchanan Carthage, IL 62321 Full Service B&M $184,605
    United Community Bank 430 West Jackson Street Macomb, IL 61455 Full Service B&M $52,246
    United Community Bank 440 Maine Street Quincy, IL 62301 Full Service B&M $33,630
    United Community Bank 507 Main Street Augusta, IL 62311 Full Service B&M $40,041
    United Community Bank 5211 Broadway Street Quincy, IL 62301 Full Service Retail $14,192
    United Community Bank 600 West Main St. Mechanicsburg, IL 62545 Full Service B&M $16,164
    United Community Bank 617 Bruns Lane Springfield, IL 62702 Full Service B&M $34,937
    United Community Bank 619 Fifth Street Pawnee, IL 62558 Full Service B&M $98,742
    United Community Bank 700 Stevenson Drive Springfield, IL 62703 Full Service B&M $55,055
    United Community Bank 790 East Jackson Street Auburn, IL 62615 Full Service B&M $76,516
    United Community Bank Eighth And Jersey Streets Quincy, IL 62301 Limited, Drive-thru $40
    United Community Bank Route 159 And South Franklin Bunker Hill, IL 62014 Limited, Drive-thru $0
    United Community Bank West Jefferson Street And State Route 4 Auburn, IL 62615 Full Service B&M $21,057

    For 2021, United Community Bank had 46 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $85,301
    Net interest income $74,406
    Total noninterest income $34,455
    Gross Fiduciary activities income $2,473
    Service charges on deposit accounts $3,919
    Trading account gains and fees $0
    Additional Noninterest Income $28,063
    Pre-tax net operating income $42,101
    Securities gains (or losses, -) $165
    Income before extraordinary items $34,138
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $34,138
    Minority interest net income $0
    Net income $34,138
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $34,004

    United Community Bank's gross interest income from loans was $85,301,000.
    United Community Bank's net interest income from loans was $74,406,000.
    United Community Bank's fee based income from loans was $3,919,000.
    United Community Bank's net income from loans was $34,138,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $10,895
    Provision for credit losses $-1,519
    Total noninterest expense $68,279
    Salaries and employee benefits $36,557
    Premises and equipment expense $9,972
    Additional noninterest expense $21,750
    Applicable income taxes $8,128
    Net charge-offs $380
    Cash dividends $18,900

    United Community Bank's interest expense for loans was $10,895,000.
    United Community Bank's payroll and benefits expense were $36,557,000.
    United Community Bank's property, plant and equipment expenses $9,972,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 1.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 1.0%
    Multifamily residential loans 1.0%
    1-4 family residential loans 1.0%
    HELOC loans 0.0%
    All other family 1.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $3,012,176
    Deposits held in domestic offices $3,012,176
    Deposits by Individuals, partnerships, and corporations $2,389,300
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $581,912
    Deposits by Commercial banks and other depository institutions in U.S. $40,963
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $1,623,579
    Demand deposits $1,396,731
    Nontransaction accounts $1,388,596
    Money market deposit accounts (MMDAs) $556,929
    Other savings deposits (excluding MMDAs) $462,418
    Total time deposits $369,250
    Total time and savings deposits $1,615,444
    Noninterest-bearing deposits $751,427
    Interest-bearing deposits $2,260,749
    Retail deposits $2,908,272
    IRAs and Keogh plan accounts $70,776
    Brokered deposits $10,173
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $3,479,391
    Cash & Balances due from depository institutions $561,352
    Interest-bearing balances $466,112
    Total securities $1,052,571
    Federal funds sold & reverse repurchase $0
    Net loans and leases $1,730,303
    Loan and leases loss allowance $20,464
    Trading account assets $0
    Bank premises and fixed assets $29,391
    Other real estate owned $3,986
    Goodwill and other intangibles $38,844
    All other assets $62,944

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $3,479,391
    Total Liabilities $3,168,353
    Total deposits $3,012,176
    Interest-bearing deposits $2,260,749
    Deposits held in domestic offices $3,012,176
    % insured (estimated) $83
    Federal funds purchased and repurchase agreements $89,260
    Trading liabilities $0
    Other borrowed funds $50,000
    Subordinated debt $0
    All other liabilities $16,917

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,730,303
    Loan and leases loss allowance $20,464
    Total loans and leases (domestic) $1,750,767
    All real estate loans $1,145,518
    Real estate loans in domestic offices $1,145,518
    Construction and development loans $102,882
    Residential 1-4 family construction $15,535
    Other construction, all land development and other land $87,347
    Loans secured by nonfarm nonresidential properties $452,795
    Nonfarm nonresidential secured by owner-occupied properties $352,128
    Commercial real estate & other non-farm, non-residential $100,667
    Multifamily residential real estate $21,667
    1-4 family residential loans $376,192
    Farmland loans $191,982
    Loans held in foreign offices $0
    Farm loans $116,139
    Commercial and industrial loans $333,665
    To non-U.S. addressees $0
    Loans to individuals $28,083
    Credit card loans $2,185
    Related Plans $335
    Consumer Auto Loans $11,043
    Other loans to individuals $14,520
    All other loans & leases $127,362
    Loans to foreign governments and official institutions $0
    Other loans $86,365
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $1,133
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $9,200
    Non 1-4 family restructured loans & leases $7,227
    Total loans and leases (foreign) $0

    United Community Bank had $1,730,303,000 of loans outstanding in 2021. $1,145,518,000 of loans were in real estate loans. $102,882,000 of loans were in development loans. $21,667,000 of loans were in multifamily mortgage loans. $376,192,000 of loans were in 1-4 family mortgage loans. $116,139,000 of loans were in farm loans. $2,185,000 of loans were in credit card loans. $11,043,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 496 $83,795 $168,942
    Nonfarm, nonresidential loans - <$100k 176 $6,293 $35,756
    Nonfarm, nonresidential loans - $100-250k 158 $17,491 $110,703
    Nonfarm, nonresidential loans - $250k-1MM 162 $60,011 $370,438
    Commercial & Industrial, US addressed loans - <$1MM 1,572 $105,873 $67,349
    Commercial & Industrial, US addressed loans - <$100k 1,136 $24,538 $21,600
    Commercial & Industrial, US addressed loans - $100-250k 227 $19,399 $85,458
    Commercial & Industrial, US addressed loans - $250k-1MM 209 $61,936 $296,344
    Farmland loans - <$1MM 638 $71,948 $112,771
    Farmland loans - <$100k 223 $8,920 $40,000
    Farmland loans - $100-250k 253 $26,693 $105,506
    Farmland loans - $250k-1MM 162 $36,335 $224,290
    Agriculture operations loans - <$1MM 1,002 $55,398 $55,287
    Agriculture operations loans - <$100k 724 $15,994 $22,091
    Agriculture operations loans - $100-250k 185 $19,663 $106,286
    Agriculture operations loans - $250k-1MM 93 $19,741 $212,269