---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-019787"
form_type: "8-K"
ticker: "UCB"
cik: "0000857855"
company_name: "UNITED COMMUNITY BANKS INC"
filed_at: "2023-02-13T23:59:59+00:00"
generated_at: "2026-06-19T17:06:42.677216+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# United Community Banks to acquire First Miami Bancorp in $115.9M all-stock deal

## Summary
- All-stock transaction valued at ~$115.9M; exchange ratio 40.2685 UCBI shares per FMIA share.
- First Miami has $1.0B assets, $594M loans, $867M deposits, and $310M in AUM.
- Deal expected to be accretive to UCBI EPS by ~$0.09 (3%) in 2024, excluding transaction costs.
- Closing expected in Q3 2023, subject to regulatory and First Miami shareholder approval.
- First Miami shareholders also to receive special cash dividend from sale of investment securities.

## SEC filing metadata
- accession: 0001104659-23-019787
- form_type: 8-K
- ticker: UCB
- cik: 0000857855
- company_name: UNITED COMMUNITY BANKS INC
- filed_at: 2023-02-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/857855/000110465923019787/0001104659-23-019787-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/857855/000110465923019787/tm236564d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-019787
- JSON: https://secwatch.observer/filing/0001104659-23-019787.json
- Plain text: https://secwatch.observer/filing/0001104659-23-019787.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.