United Bank
Zebulon, Georgia, Pike County
$2.2B in total assets, the 587th largest of 4,309 US banks and 9th of 125 headquartered in Georgia.
- FDIC certificate
- 172
- Established
- 1905
- Owned by
- United Bk Employee Stk Ownership Plan Tr
- Primary regulator
- FDIC
- Website
- www.accessunited.com
At a glance
Compared with 11 banks headquartered in Georgia with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $2.2B | 36% | $2.3B | |
| Loans | $946M | 18% | $1.9B | |
| Deposits | $1.9B | 46% | $2.1B | |
| Return on assets | 2.58% | 98% | 1.44% | |
| Net interest margin | 4.95% | 91% | 4.12% | |
| Efficiency ratio | 46.3% | 36% | 63.9% | |
| Equity to assets | 12.04% | 82% | 10.39% | |
| Loans to deposits | 50% | 2% | 86% |
Growth
Total assets grew 0.7% a year over the last 5 years and 6.2% a year over 10 years, including 1 acquisition in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Aug 2016 | The Woodbury Banking Company Woodbury, GA | $21M |
| Jul 2014 | Monroe County Bank Forsyth, GA | $94M |
| Oct 2010 | The First National Bank of Barnesville Barnesville, GA | $127M |
| Aug 2009 | First Coweta Bank Newnan, GA | $164M |
| Dec 2008 | First Georgia Community Bank Jackson, GA | $256M |
| Jan 1997 | United Bank Barnesville, GA | $80M |
| Jan 1997 | United Bank of Griffin Griffin, GA | $117M |
Where they operate
17 branches in 10 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Spalding County, GA | $424M | 35.7% | 1 of 7 |
| Lamar County, GA | $280M | 100.0% | 1 of 1 |
| Butts County, GA | $215M | 47.3% | 2 of 2 |
| Pike County, GA | $193M | 71.3% | 1 of 2 |
| Monroe County, GA | $184M | 65.1% | 1 of 3 |
| Newton County, GA | $177M | 15.5% | 4 of 9 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
No net change since 2016 (17 branches then and now). 1 opened, 1 acquired, 2 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 17 | |||
| 2016 | Acquired The Woodbury Banking Company | 1 | 0 | +1 | 18 |
| 2019 | Opened Newnan | 1 | 0 | +1 | 19 |
| 2020 | Closed Griffin | 0 | 1 | −1 | 18 |
| 2025 | Closed Locust Grove | 0 | 1 | −1 | 17 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| 1-4 family residential | 33% | 34% | |
| Commercial real estate | 31% | 34% | |
| Construction and land | 21% | 11% | |
| Business (C&I) | 6% | 8% | |
| Consumer | 6% | 2% | |
| Multifamily | 1% | 3% | |
| Farmland | 1% | 4% | |
| Other | 1% | 4% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 52% | 54% | |
| Noninterest-bearing | 40% | 22% | |
| Time deposits | 8% | 24% |
Brokered deposits are 0.0% of deposits (peers 3.9%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.23% | 0.51% |
| Net charge-offs, annualized | -0.00% | 0.04% |
| Reserves to loans | 2.02% | 1.12% |
| Leverage ratio | 12.75% | 10.75% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Georgia
Largest competitors in Spalding County, GA
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/united-bank-zebulon-ga