United Bank: how it compares with its peers
Against 18 AL banks with half to twice its assets, United Bank's strongest measure in Q2 2026 is net interest margin (4.47% vs. a 3.70% peer median). Its weakest relative measure is assets per employee ($5.3M vs. $7.7M).
| Measure | United Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.31% | 1.22% | Middle third Ahead of 56% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.47% | 3.70% | Top third Ahead of 83% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 62.73% | 59.99% | Middle third Ahead of 39% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.3M | $7.7M | Bottom third Ahead of 11% of peers |
| Loans to deposits Net loans and leases over total deposits. | 75.94% | 69.41% | Context |
What it means for lending operations
Its efficiency ratio of 62.73% is above the 59.99% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- Peoples Bank of Alabama Cullman, AL · $1.42B
- First Bank of Alabama Talladega, AL · $1.36B
- SouthPoint Bank Birmingham, AL · $1.36B
- Troy Bank & Trust Company Troy, AL · $1.60B
- Citizens Bank & Trust Guntersville, AL · $1.20B
- Metro Bank Pell City, AL · $1.18B
Questions about United Bank
How big is United Bank?
United Bank, established in 1904, is headquartered in Atmore, AL. It reported $1.48B in total assets in its Q2 2026 FDIC call report and operates 20 offices.
What is United Bank's return on assets?
1.31% annualized in Q2 2026, against a 1.22% median for 18 AL banks with half to twice its assets, ahead of 56% of them.
What is United Bank's efficiency ratio?
62.73% in Q2 2026: it spent about 63 cents in noninterest expense for each dollar of revenue. The peer median is 59.99%, and lower is better.
Is United Bank growing its loans?
Net loans grew 5.6% over the year to Q2 2026, while deposits grew 3.9%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are AL banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Alabama bank ranked.