EX-FILING FEES 6 tm2219182d2_ex-filingfees.htm EX-FILING FEES

 

EX-FILING FEES

 

Calculation of Filing Fee Tables

 

Form S-4

(Form Type)

 

United Community Banks, Inc.

(Exact Name of Registrant as Specified in its Charter)

 

Table 1: Newly Registered and Carry Forward Securities

 

    Security
Type
  Security Class
Title
  Fee
Calculation
or Carry
Forward
Rule
  Amount
Registered
  Proposed
Maximum
Offering
Price Per
Unit
  Maximum
Aggregate
Offering Price
  Fee Rate   Amount of
Registration
Fee
  Carry
Forward
Form Type
  Carry
Forward
File Number
  Carry
Forward
Initial
Effective
Date
  Filing Fee
Previously
Paid In
Connection
with Unsold 
Securities to
be Carried
Forward
 
Newly Registered Securities  
Fees to be Paid   Equity   Common Stock,
par value $1.00
per share
  Other   9,335,761 (1) N/A   $ 188,782,347 (2) 0.0000927   $ 17,500.12 (3)                
Fees Previously Paid   -   -   -   -   -   -     -                  
Carry Forward Securities  
Carry Forward Securities   -   -   -   -   -   -     -                  
    Total Offering Amounts   $ 17,500.12                  
    Total Fees Previously Paid   0.00                  
    Total Fee Offsets   0.00                  
Net Fee Due   $ 17,500.12                  

 

(1)       The number of shares of common stock, par value $1.00 per share (“United common stock”), of United Community Banks, Inc. (“United”) being registered is based upon an estimate of (x) the maximum number of shares of common stock, par value $1.00 per share (“Progress common stock”), of Progress Financial Corporation (“Progress”) outstanding as of May 31, 2022, or issuable or expected to be cancelled or exchanged in connection with the merger of Progress with and into United, collectively equal to 12,124,365, multiplied by (y) the exchange ratio of 0.770 shares of United common stock for each share of Progress common stock.

(2)       Estimated solely for the purpose of calculating the registration fee required by Section 6(b) of the Securities Act of 1933, as amended (the “Securities Act”), and calculated based upon the book value of shares of Progress common stock in accordance with Rule 457(f) under the Securities Act as follows: (a) the product of (i) $15.57, the book value per share of Progress common stock as calculated on March 31, 2022, and (ii) 12,124,365, the estimated maximum number of shares of Progress common stock to be exchanged in connection with the merger, including shares reserved for issuance under various equity plans.

(3)       Pursuant to Rule 457(o) of the Securities Act, the registration fee has been calculated on the basis of the maximum aggregate offering price. The fee has been determined in accordance with Section 6(b) of the Securities Act at a rate equal to $92.70 per $1,000,000 of the proposed maximum aggregate offering price.