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Press Releases
All Releases
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United Community Banks, Inc. Reports Net Operating Loss for Fourth Quarter 2009
Jan 29, 2010
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BLAIRSVILLE, GA, Jan 29, 2010 (MARKETWIRE via COMTEX News Network) -- United Community Banks, Inc. (NASDAQ: UCBI)
-- Non-performing assets down $30 million to $385 million from last
quarter
-- Provision for loan losses of $90 million exceeded charge-offs by $5.4
million
-- Allowance-to-loans ratio of 3.02 percent, up from 2.80 ...
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United Community Banks, Inc. Announces Date for Fourth Quarter and Year End 2009 Earnings Release and Conference Call
Jan 6, 2010
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BLAIRSVILLE, GA, Jan 06, 2010 (MARKETWIRE via COMTEX News Network) -- United Community Banks, Inc. (NASDAQ: UCBI) today announced it would release its fourth quarter and year end 2009 financial results on Friday, January 29, 2010, before the stock market opens. The company also will hold a conference call at 11:00 a.m. ET on the same day to discuss...
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United Community Banks, Inc. to Temporarily Suspend Stock Dividend
Dec 29, 2009
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BLAIRSVILLE, GA, Dec 29, 2009 (MARKETWIRE via COMTEX News Network) -- United Community Banks, Inc. (NASDAQ: UCBI) announces that its Board of Directors has voted to temporarily suspend the company's common stock dividend.
"We recognize the importance our stock dividend is to many of our shareholders," said Jimmy Tallent, United's president and ...
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United Community Banks, Inc. to Present at the Sandler O'Neill + Partners, L.P. 2009 East Coast Financial Services Conference
Nov 5, 2009
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BLAIRSVILLE, GA, Nov 05, 2009 (MARKETWIRE via COMTEX News Network) -- United Community Banks, Inc. (NASDAQ: UCBI) announced that it will participate in the Sandler O'Neill + Partners, L.P. 2009 East Coast Financial Services Conference, which will be held November 11 through 13, 2009 in Manalapan, Florida.
Jimmy Tallent, president and chief exec...
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United Community Banks, Inc. Reports Net Operating Loss for Third Quarter 2009
Oct 23, 2009
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BLAIRSVILLE, GA, Oct 23, 2009 (MARKETWIRE via COMTEX News Network) -- United Community Banks, Inc. (NASDAQ: UCBI)
-- Capital significantly strengthened by $222.5 million public common
offering
-- Provision for loan losses of $95.0 million exceeded charge-offs by
$4.5 million
-- Allowance-to-loans ratio of 2.80 percent, up from ...
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United Community Banks, Inc. Announces Date for Third Quarter 2009 Earnings Release and Conference Call
Oct 2, 2009
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BLAIRSVILLE, GA - October 2, 2009 - United Community Banks, Inc. (Nasdaq: UCBI) today announced it would release its third quarter 2009 financial results on Friday, October 23, 2009, before the stock market opens. The company also will hold a conference call at 11:00 a.m. ET on the same day to discuss its financial results, business highlights a...
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United Community Banks, Inc. Closes $222.5 Million Public Offering of Common Stock
Sep 30, 2009
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BLAIRSVILLE, GA, Sep 30, 2009 (MARKETWIRE via COMTEX News Network) -- United Community Banks, Inc. (NASDAQ: UCBI) announced today that it has closed the sale of 44,505,000 shares of common stock at $5.00 per share, including 5,805,000 shares sold pursuant to the over-allotment option to purchase additional shares in connection with its previously a...
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United Community Banks, Inc. Announces Pricing of Public Common Stock Offering
Sep 24, 2009
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BLAIRSVILLE, GA, Sep 24, 2009 (MARKETWIRE via COMTEX News Network) -- United Community Banks, Inc. (NASDAQ: UCBI) announced today that it has priced a public offering of 38,700,000 shares of common stock at $5.00 per share for gross proceeds of $193.5 million. United expects to close the sale of the shares of common stock on or about September 30, ...
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United Community Banks, Inc. Announces $175 Million Public Common Stock Offering
Sep 23, 2009
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BLAIRSVILLE, GA, Sep 23, 2009 (MARKETWIRE via COMTEX News Network) -- United Community Banks, Inc. (NASDAQ: UCBI), announced today that it will commence an underwritten public offering of approximately $175 million of its common stock. The net proceeds from the offering will be used to provide capital to support its subsidiary bank and for general ...
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United Community Banks, Inc. Declares Quarterly Stock Dividend
Aug 6, 2009
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BLAIRSVILLE, GA, Aug 06, 2009 (MARKETWIRE via COMTEX News Network) -- United Community Banks, Inc. (NASDAQ: UCBI), Georgia's third-largest bank holding company, announced that its Board of Directors declared a regular quarterly dividend that will be paid in shares of common stock on October 1, 2009 to shareholders of record as of September 10, 2009...
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United Community Banks, Inc. Reports Net Operating Loss for Second Quarter 2009
Jul 24, 2009
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BLAIRSVILLE, GA, Jul 24, 2009 (MARKETWIRE via COMTEX News Network) -- United Community Banks, Inc. (NASDAQ: UCBI)
-- Provision for loan losses of $60 million exceeded charge-offs by $1.7
million
-- Allowance-to-loans ratio of 2.64 percent, up from 2.56 percent last
quarter
-- Further margin improvement of 20 basis points this q...
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United Community Banks, Inc. to Present at the Keefe, Bruyette & Woods 10th Annual Community Bank Conference
Jul 20, 2009
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BLAIRSVILLE, GA, Jul 20, 2009 (MARKETWIRE via COMTEX News Network) -- United Community Banks, Inc. (NASDAQ: UCBI) announced that it will participate in the Keefe, Bruyette & Woods 10th Annual Community Bank Conference, which will be held July 28 through July 29, 2009 in New York.
Jimmy Tallent, president and chief executive officer of United Co...
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United Community Banks, Inc. Announces Date for Second Quarter 2009 Earnings Release and Conference Call
Jul 1, 2009
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BLAIRSVILLE, GA - July 1, 2009 - United Community Banks, Inc. (Nasdaq: UCBI) today announced it would release its second quarter 2009 financial results on Friday, July 24, 2009, before the stock market opens. The company also will hold a conference call at 11:00 a.m. ET on the same day to discuss its financial results, business highlights and ou...
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United Community Banks, Inc. Announces Acquisition of Southern Community Bank
Jun 19, 2009
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BLAIRSVILLE, GA, Jun 19, 2009 (MARKETWIRE via COMTEX News Network) -- United Community Banks, Inc. (NASDAQ: UCBI) announced today that its wholly-owned subsidiary, United Community Bank, has entered into an agreement with the Federal Deposit Insurance Corporation (FDIC) to purchase the assets and assume the deposit liabilities and secured wholesale...
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United Community Banks, Inc. to Present at the Fox-Pitt Kelton Cochran Caronia Waller Small & Mid-Cap Banks and Insurance Conference
Jun 9, 2009
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BLAIRSVILLE, GA, Jun 09, 2009 (MARKETWIRE via COMTEX News Network) -- United Community Banks, Inc. (NASDAQ: UCBI) announced that they will participate in the Fox-Pitt Kelton Cochran Caronia Waller Small & Mid-Cap Banks and Insurance Conference, which will be held June 17 through 18 in New York.
Jimmy Tallent, president and chief executive offic...
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United Community Banks, Inc. Declares Quarterly Stock Dividend
Jun 3, 2009
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BLAIRSVILLE, GA, Jun 03, 2009 (MARKETWIRE via COMTEX News Network) -- United Community Banks, Inc. (NASDAQ: UCBI), Georgia's third-largest bank holding company, announced that its Board of Directors declared a regular quarterly dividend that will be paid in shares of common stock on July 1, 2009 to shareholders of record as of June 13, 2009. Each s...
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United Community Banks, Inc. Reports Net Operating Loss for First Quarter 2009
Apr 23, 2009
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United Community Banks, Inc. Announces Date for First Quarter 2009 Earnings Release and Conference Call
Apr 1, 2009
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BLAIRSVILLE, GA, Apr 01, 2009 (MARKET WIRE via COMTEX News Network) -- United Community Banks, Inc. (NASDAQ: UCBI) today announced it would release its first quarter 2009 financial results on Thursday, April 23, 2009, before the stock market opens. The company also will hold a conference call at 11:00 a.m. ET on the same day to discuss its financia...
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United Community Banks, Inc. Announces Annual Shareholders' Meeting
Mar 27, 2009
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BLAIRSVILLE, GA, Mar 27, 2009 (MARKET WIRE via COMTEX News Network) -- United Community Banks, Inc. (NASDAQ: UCBI) today announced that it will host its annual shareholders' meeting at 2:00 p.m. on Wednesday, April 29, 2009, at Brasstown Valley Resort in Young Harris, Georgia.
Jimmy Tallent, president and chief executive officer, will review an...
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United Community Banks, Inc. to Present at the Raymond James 30th Annual Institutional Investors Conference
Mar 4, 2009
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BLAIRSVILLE, GA, Mar 04, 2009 (MARKET WIRE via COMTEX News Network) -- United Community Banks, Inc. (NASDAQ: UCBI), announced that they will participate in the Raymond James 30th Annual Institutional Investors Conference, which will be held March 8 through March 11 in Orlando, Florida.
Jimmy Tallent, president and chief executive officer of Uni...
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