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750 North Central Avenue
Umatilla, FL 32784

United Southern Bank (FL) is headquartered in Umatilla and is the 60th largest bank in the state of Florida. It is also the 1,673rd largest bank in the nation. It was established in 1937 and as of December of 2013, it had grown to 124 employees at 13 locations. United Southern Bank (FL) has a B health rating.

Reviews (1)

Customer Service

Uninted Southern Bank Is A True "Home Town" Bank. They Treat You Like Family And Have Excellent Customer Service. United Southern Bank Values Their Customers, Unlike Most Larger Chain Banks.


Data for Q4 2013

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 United Southern Bank (FL) had $13.74 million in non-current loans and owned real-estate with $47.52 million in equity and loan loss allowances on hand to cover it. This gives United Southern Bank (FL) a Texas Ratio of 28.90% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for United Southern Bank (FL) experienced no significant changes from 26.17% as of December 31, 2012 to 28.90% as of December 31, 2013, resulting in a negative change of 10.44%. This indicates that the balance sheet and financial strength for United Southern Bank (FL) has had no significant changes in recent periods.

Deposit Growth


In the past year, United Southern Bank (FL) has increased its total deposits by $13.74 million, resulting in 4.04% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth United Southern Bank (FL) has shown is excellent.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. United Southern Bank (FL) has $398.21 million in assets with $47.52 million in equity, resulting in a capitalization level of 11.93%, which is excellent.

Institution Statistics

FDIC Certificate #15465
Year Established1937
Primary RegulatorFDIC
Assets and Liabilities
Assets$398.21 million
Loans$265.18 million
Deposits$353.69 million
Equity Capital$41.36 million
Loan Loss Allowance$6.16 million
Unbacked Noncurrent Loans$10.55 million
Real Estate Owned$3.19 million
Historic Data - December 2012
Assets$385.99 million
Equity Capital$41.10 million
Loan Loss Allowance$7.08 million
Unbacked Noncurrent Loans$10.55 million
Real Estate Owned$3.84 million
Profit Margin - Quarterly
Net Interest Margin3.93%
Return on Assets0.42%
Return on Equity4%
Interest Income$15.00 million

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United Southern Bank (FL) Savings Account Rates

0.20%--Regular Savings
0.20%--Holiday Club

United Southern Bank (FL) Money Market Rates

0.30%$250k-Money Market Account

United Southern Bank (FL) Checking Account Rates

0.10%--Interest-bearing Checking
0.10%--Choice 50 Checking

United Southern Bank (FL) CD Rates

0.76%$1k-60 Month CD
0.61%$1k-48 Month CD
0.46%$1k-36 Month CD
0.31%$1k-24 Month CD
0.31%$1k-30 Month CD
0.21%$1k-12 Month CD
0.21%$1k-18 Month CD
0.11%$1k-91 Day CD
0.11%$1k-182 Day CD

United Southern Bank (FL) IRA Rates

0.81%$1k-60 Month IRA
0.66%$1k-48 Month IRA
0.51%$1k-36 Month IRA
0.36%$1k-24 Month IRA
0.36%$1k-30 Month IRA
0.26%$1k-12 Month IRA
0.26%$1k-18 Month IRA
0.20%$1k-18 Month Variable IRA
0.16%$1k-91 Day IRA
0.16%$1k-182 Day IRA

United Southern Bank (FL) has 13 locations. Click to view all United Southern Bank (FL) locations.