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Letter portraitLegal landscapeQuarterYTD

United Bank

Atmore, AL · Cert 58 · United Bcorp of Alabama Inc.

State charter, non-member · FDIC · 19 branches

Q2 2026

$1.5BAssets
$942.2MLoans
$1.2BDeposits
$221.1MEquity
Loan mix
71%RE $571.0M25%C&I $197.7M4%Consumer $31.7MQ2 2025Q2 2026
Deposit mix
57%Interest-bearing $694.1M43%Noninterest $530.3MQ2 2025Q2 2026

NIM

5.12%Q2 ’245.20%Q2 ’255.09%Q2 ’26-1%-3%

Non-interest income vs. expense

2.61%Q2 ’242.77%Q2 ’252.94%Q2 ’26+6%+12%

Market Position · Daphne-Fairhope-Foley, AL · 2026 SOD (annual) · 5.8% share · #6 of 32 inst. · $0.4B of $6.7B

5.8% Baldwin
33.6% Escambia
11.3% Santa Rosa
30.8% Monroe

Executive Summary

  • Earnings: ROA of 1.31%, down 8 bps year over year; NIM at 4.02%.
  • Asset quality: problem loans at 1.35% of loans (+27 bps YoY), with net charge-offs at 0.03%.
  • Capital: tier 1 leverage ratio of 15.79%, up 89 bps from a year ago.
  • Funding: loans stand at 76.95% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.31%-8 bps YoY

Net Interest Margin (YTD, annualized)

4.02%-14 bps YoY

Efficiency Ratio (YTD, annualized)

62.73%+634 bps YoY

Tier 1 Leverage Ratio

15.79%+89 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.39%1.35%1.32%1.13%1.31%-8 bps
Return on Equity10.04%9.63%9.33%7.62%8.81%-123 bps
Net Interest Margin4.16%4.18%4.14%3.88%4.02%-14 bps
Efficiency Ratio56.39%58.74%60.63%65.22%62.73%+634 bps
Non-Interest Burden2.01%2.14%2.22%2.29%2.26%+25 bps
Growth
Asset Growth (YoY)19.57%3.46%3.74%4.17%4.53%-1,504 bps
Loan Growth (YoY)13.18%5.42%2.40%2.22%5.54%-764 bps
Deposit Growth (YoY)17.15%2.02%2.27%3.46%3.91%-1,324 bps
Asset Quality
Nonperforming Loans / Loans1.09%0.89%1.77%1.78%1.35%+27 bps
Net Charge-Offs / Loans0.78%0.66%0.55%0.01%0.03%-76 bps
Allowance / Loans1.35%1.31%1.32%1.37%1.31%-4 bps
Allowance Coverage of NPLs1.2x1.5x0.7x0.8x1.0x-0.3x
Capital
Tier 1 Leverage Ratio14.89%15.20%15.38%15.49%15.79%+89 bps
Total Risk-Based Capital21.77%21.48%21.89%22.06%21.86%+9 bps
Equity / Assets14.13%14.59%14.73%14.87%14.93%+80 bps
Liquidity & Funding
Loans / Deposits75.76%76.86%74.85%75.29%76.95%+119 bps
Liquid Assets / Assets8.07%8.06%6.55%5.36%4.14%-393 bps
CRE / Total Capitaln/a187.18%181.29%178.96%n/an/a