secwatch.observer — SEC 8-K summary
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Issuer:     UNITED COMMUNITY BANKS INC (UCB)
CIK:        0000857855
Form:       8-K
Filed at:   2022-07-19T23:59:59+00:00
Accession:  0001104659-22-080861
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UCBI Q2 net income $66.8M; EPS $0.61 (+42% linked Q); NIM expands 22bps
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- Net income $66.8M, diluted EPS $0.61 (+42% QoQ, -22% YoY); operating EPS $0.66.
- Pre-tax pre-provision income $91.6M; net interest margin 3.19% (+22bps QoQ).
- Core annualized loan growth 7.0% ex-PPP; deposits down $183M.
- Provision for credit losses $5.6M; ACL/loans 1.05%; NPAs 0.14% of assets.
- Quarterly dividend $0.21/share (+11% YoY); merger with Progress Financial announced.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/857855/000110465922080861/0001104659-22-080861-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/857855/000110465922080861/tm2221339d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-080861

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