United Bank
Atmore, Alabama, Escambia County
$1.5B in total assets, the 765th largest of 4,309 US banks and 9th of 93 headquartered in Alabama.
- FDIC certificate
- 58
- Established
- 1904
- Owned by
- United Bcorp Of Alabama Inc
- Primary regulator
- FDIC
- Website
- http://www.unitedbank.com
At a glance
Compared with 15 banks headquartered in Alabama 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 | $1.5B | 60% | $1.4B | |
| Loans | $942M | 53% | $923M | |
| Deposits | $1.2B | 47% | $1.2B | |
| Return on assets | 1.28% | 53% | 1.18% | |
| Net interest margin | 4.47% | 87% | 3.69% | |
| Efficiency ratio | 62.7% | 60% | 61.4% | |
| Equity to assets | 14.93% | 98% | 9.08% | |
| Loans to deposits | 77% | 73% | 72% |
Growth
Total assets grew 7.9% a year over the last 5 years and 10.4% a year over 10 years, including 1 acquisition in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Sep 2024 | Town Country United Bank Camden, AL, an affiliate under the same holding company | $120M |
| Jul 2004 | Premier Community Bank of Southwest Florida Fort Myers, FL | $58M |
| Mar 1984 | United Bank of Frisco City Frisco City, AL | n/a |
Where they operate
19 branches in 6 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Baldwin County, AL | $393M | 5.8% | 6 of 32 |
| Escambia County, AL | $372M | 33.6% | 1 of 10 |
| Santa Rosa County, FL | $210M | 11.3% | 2 of 12 |
| Monroe County, AL | $129M | 30.8% | 1 of 6 |
| Wilcox County, AL | $80M | 43.1% | 2 of 3 |
| Mobile County, AL | $40M | 0.4% | 22 of 25 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 1 branch since 2016 (18 to 19, +5.6%). 4 opened, 1 acquired, 4 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 18 | |||
| 2017 | Opened Brewton | 1 | 0 | +1 | 19 |
| 2019 | Opened Daphne and East Brewton | 2 | 0 | +2 | 21 |
| 2020 | Opened SemmesClosed Greensboro | 1 | 1 | 0 | 21 |
| 2022 | Closed Spanish Fort | 0 | 1 | −1 | 20 |
| 2023 | Closed East Brewton | 0 | 1 | −1 | 19 |
| 2024 | Acquired Town Country United BankClosed Atmore | 1 | 1 | 0 | 19 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 24% | 36% | |
| Business (C&I) | 21% | 16% | |
| Construction and land | 15% | 10% | |
| 1-4 family residential | 13% | 23% | |
| Multifamily | 7% | 6% | |
| Farmland | 5% | 1% | |
| Agricultural | 5% | 1% | |
| Consumer | 4% | 5% | |
| Other | 6% | 3% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Noninterest-bearing | 43% | 22% | |
| Other interest-bearing | 31% | 53% | |
| Time deposits | 25% | 25% |
Brokered deposits are 0.0% of deposits (peers 2.5%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 1.24% | 0.48% |
| Net charge-offs, annualized | 0.03% | 0.20% |
| Reserves to loans | 1.31% | 1.15% |
| Leverage ratio | 15.79% | 9.82% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Alabama
Largest competitors in Baldwin County, AL
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-atmore-al