---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-096053"
form_type: "8-K"
ticker: "UCB"
cik: "0000857855"
company_name: "UNITED COMMUNITY BANKS INC"
filed_at: "2024-09-03T23:59:59+00:00"
generated_at: "2026-05-31T06:43:29.090022+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# United Community Banks sells $318.2M manufactured housing loan portfolio to 21st Mortgage

## Summary
- Portfolio sold on August 30, 2024 to 21st Mortgage Corporation, a Clayton Homes division.
- Sale accelerates exit from runoff portfolio; originations had ceased in Q3 2023.
- Estimated $0.18 per share impact to Q3 results, including $11.5M reserve release.
- CEO cites removal of management distraction and reduced risk profile; portfolio was 11% of YTD charge-offs and 18% of NPAs.
- Transaction slightly accretive to regulatory capital ratios; no ongoing earnings effect expected.

## SEC filing metadata
- accession: 0001104659-24-096053
- form_type: 8-K
- ticker: UCB
- cik: 0000857855
- company_name: UNITED COMMUNITY BANKS INC
- filed_at: 2024-09-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/857855/000110465924096053/0001104659-24-096053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/857855/000110465924096053/tm2423187d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-096053
- JSON: https://secwatch.observer/filing/0001104659-24-096053.json
- Plain text: https://secwatch.observer/filing/0001104659-24-096053.txt

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