United Community Bank of West Kentucky
Overview / Commentary
United Community Bank of West Kentucky is headquartered in MORGANFIELD and is the 39th largest bank in the state of Kentucky. It is also the 1,913th largest bank in the nation. It was established in 2001 and as of March of 2024, it had grown to 61 employees at 6 locations. United Community Bank of West Kentucky has an A health rating.
Health
A
Data as of Q1 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 57301 |
| Year Established | 2001 |
| Employees | 61 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.96% |
| Return on Equity - YTD | 12.22% |
| Annual Interest Income | $5.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2024vs Q1 2023 | $452.1MM$455.8MM |
| Loans | Q1 2024vs Q1 2023 | $246MM$223.9MM |
| Deposits | Q1 2024vs Q1 2023 | $394.8MM$385.3MM |
| Equity Capital | Q1 2024vs Q1 2023 | $34.9MM$33.2MM |
| Loan Loss Allowance | Q1 2024vs Q1 2023 | $3.4MM$3.4MM |
| Unbacked Noncurrent Loans | Q1 2024vs Q1 2023 | $318K$383K |
| Real Estate Owned | Q1 2024vs Q1 2023 | $0$0 |