v3.26.3
Segment Information
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Segment Information
19. SEGMENT INFORMATION
United operates in one reportable segment, community banking. Through its community banking segment, United offers a full range of products and services through various delivery channels. Included among the banking products and services offered are the acceptance of deposits in checking, savings, time and money market accounts; the making and servicing of personal, credit card, commercial, and floor plan loans; and the making of construction and real estate loans as well as the origination and sale of residential mortgages in the secondary market. Also offered are trust and brokerage services, safe deposit boxes, and wire transfers. The community banking segment derives revenues mainly from interest income on loans to customers, investment securities held and other short-term investments in addition to fees and income derived related to the services listed above.
The accounting policies of the community banking segment are the same as those described in the summary of significant accounting policies. United’s chief operating decision maker (“CODM”) is its chief executive officer who maintains responsibility for the day-to-day management of the Company including regularly reviewing the operating results of the community banking segment in order to assess performance and make decisions about resource allocation based on net income that also is reported on the income statement as consolidated net income. The measure of community banking segment assets is reported on the Consolidated Balance Sheets as total assets.
The CODM uses net income to evaluate income generated from segment assets (return on assets) in deciding whether to reinvest profits into the community banking segment or into other parts of the entity, such as for acquisitions or to pay dividends. Net income is used to monitor budget versus actual results as well as comparing to prior year’s results. The comparative analysis along with the monitoring of budgeted versus actual results are used in assessing performance of the segment.
Information about the community banking segment net income for the three and nine months ended September 30, 2026 and 2025 is as follows:
 
     For the Three Months Ended
September 30		      For the Nine Months Ended
September 30		  
     2026      2025      2026      2025  
Net interest income
    $ 294,251      $ 280,115      $ 862,078      $ 814,707  
Provision for credit losses
      6,241        12,095        18,978        47,087  
Other income
      30,845        43,204        103,414        104,218  
Other expense
            
Employee compensation
      69,391        64,092        199,433        187,887  
Employee benefits
      12,621        14,641        44,897        41,366  
Net occupancy expense
      12,809        12,488        38,930        37,614  
OREO expense
      298        201        1,289        459  
Net losses on the sales of OREO properties
      20        0        57        5  
Software and equipment expense
      9,597        8,540        27,772        25,673  
Data processing expense
      7,142        8,135        21,291        24,542  
Bankcard processing expense
      635        576        1,889        1,764  
FDIC insurance expense
      4,425        4,345        13,451        13,605  
Other segment expense (a)
     39,776        33,723        115,234        115,419  
  
 
 
     
 
 
     
 
 
     
 
 
  
Total other expense
      156,714        146,741        464,243        448,334  
  
 
 
     
 
 
     
 
 
     
 
 
  
Income before income taxes
      162,141        164,483        482,271        423,504  
Income taxes
      33,437        33,735        97,990        87,729  
  
 
 
     
 
 
     
 
 
     
 
 
  
Segment net income
      128,704        130,748        384,281        335,775  
Reconciliation of profit or loss
            
Adjustments and reconciling items
      0        0        0        0  
  
 
 
     
 
 
     
 
 
     
 
 
  
Consolidated net income
    $ 128,704      $ 130,748      $ 384,281      $ 335,775  
  
 
 
     
 
 
     
 
 
     
 
 
  
 
(a)
Other segment expense includes legal, consulting and other professional services expense, franchise and other taxes not on income, expense for reserve on lending-related commitments, ATM expenses, marketing expense, core deposits amortization, and other general operating expenses.
Information about community banking segment total assets as of September 30, 2026 and 2025 is as follows:
                 
     As of September 30,
2026		      As of September 30,
2025		  
Total Assets
    $ 34,228,531      $ 33,407,181