UNITED COMMUNITY BANKS INC
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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FY2024 · Filed Feb 27, 2025
UCB$37.47+1.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Glossary of Defined Terms
The following terms may be used throughout this report, including the consolidated financial statements and related notes.
| Term | Definition |
|---|---|
| ACL | Allowance for credit losses |
| AFS | Available-for-sale |
| ALCO | Asset/Liability Management Committee |
| ANB | ANB Holdings, Inc. and its wholly owned subsidiary, American National Bank |
| AOCI | Accumulated other comprehensive income (loss) |
| ASC | Accounting Standards Codification |
| ASU | Accounting standards update |
| BHC Act | Bank Holding Company Act of 1956, as amended |
| Bank | United Community Bank |
| Board | United Community Banks, Inc., Board of Directors |
| BOLI | Bank owned life insurance |
| CECL | Current expected credit losses |
| CET1 | Common equity tier 1 |
| CFPB | Consumer Financial Protection Bureau |
| CME | Chicago Mercantile Exchange |
| CODM | Chief operating decision maker |
| Company | United Community Banks, Inc. (interchangeable with "United" below) |
| CRA | Community Reinvestment Act |
| CRE | Commercial real estate |
| CVA | Credit valuation adjustment |
| Dodd-Frank Act | Dodd-Frank Wall Street Reform and Consumer Protection Act |
| DRIP | Dividend Reinvestment and Stock Purchase Plan |
| DTA | Deferred tax asset |
| DTL | Deferred tax liability |
| Fannie Mae | Federal National Mortgage Association |
| FASB | Financial Accounting Standards Board |
| FDIC | Federal Deposit Insurance Corporation |
| FDM | Modification made to borrowers experiencing financial difficulty |
| Federal Reserve | Federal Reserve Bank |
| FHLB | Federal Home Loan Bank |
| FinCEN | Financial Crimes Enforcement Network |
| FinTrust | Collectively, FinTrust Brokerage Services, LLC and FinTrust Capital Advisors, LLC |
| First Miami | First Miami Bancorp, Inc. and its wholly-owned subsidiary, First National Bank of South Miami |
| Freddie Mac | Federal Home Loan Mortgage Corporation |
| FTE | Fully taxable equivalent |
| GAAP | Accounting principles generally accepted in the United States of America |
| GLB Act | Gramm-Leach-Bliley Act |
| GSE | U.S. government-sponsored enterprise |
| Holding Company | United Community Banks, Inc. on an unconsolidated basis |
| HTM | Held-to-maturity |
| LIHTC | Low income housing tax credits |
|---|---|
| MBS | Mortgage-backed securities |
| MD&A | Management's Discussion and Analysis of Financial Condition and Results of Operations |
| Modified Retirement Plan | United's unfunded noncontributory defined benefit pension plan |
| Navitas | Navitas Credit Corp. |
| NOW | Negotiable order of withdrawal |
| NPA | Nonperforming asset |
| NYSE | New York Stock Exchange |
| OCI | Other comprehensive income |
| OREO | Other real estate owned |
| Patriot Act | Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001 |
| PCD | Purchased credit deteriorated loans |
| Progress | Progress Financial Corporation and its wholly-owned subsidiary, Progress Bank & Trust |
| PSU | Performance based restricted stock unit awards with market conditions |
| Reliant | Reliant Bancorp, Inc. and its wholly-owned subsidiary, Reliant Bank |
| ROU asset | Right-of-use asset |
| RWA | Risk-weighted assets |
| SBA | United States Small Business Administration |
| SCBFI | South Carolina Board of Financial Institutions |
| SEC | Securities and Exchange Commission |
| SOFR | Secured Overnight Financing Rate |
| Term SOFR | Forward-looking term rate based on SOFR |
| U.S. Treasury | United States Department of the Treasury |
| UCBI | United Community Banks, Inc. and its direct and indirect subsidiaries |
| UCMS | United Community Mortgage Services |
| UCPS | United Community Payment Systems, LLC |
| United | United Community Banks, Inc. and its direct and indirect subsidiaries |
| USDA | United States Department of Agriculture |
| VIE | Variable interest entity |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.