Regulatory Matters

3 Months Ended

Mar. 31, 2020

Banking and Thrift [Abstract]

Regulatory Matters

Regulatory Matters

As of March 31, 2020, United and the Bank were categorized as well-capitalized under the regulatory framework for prompt corrective action in effect at such time. To be categorized as well-capitalized at March 31, 2020, United and the Bank must have exceeded the well-capitalized guideline ratios in effect at such time, as set forth in the table below and have met certain other requirements. Management believes that United and the Bank exceeded all well-capitalized requirements at March 31, 2020, and there have been no conditions or events since year-end that would change the status of well-capitalized.

Through the CARES Act, federal banking regulatory agencies have provided relief, which United has adopted, for the delay of the adverse capital impact of CECL at adoption and during the subsequent two-year period after adoption. This optional two-year delay is followed by an optional three-year transition period to phase out the aggregate amount of capital benefit provided during the initial two-year delay. Under the transition provision, the amount of aggregate capital benefit is phased out by 25% each year with the full impact of adoption completely recognized by the beginning of the sixth year.

Regulatory capital ratios at March 31, 2020 and December 31, 2019, along with the minimum amounts required for capital adequacy purposes and to be well-capitalized under prompt corrective action provisions in effect at such times are presented below for United and the Bank (dollars in thousands):

	Basel III Guidelines				United Community Banks, Inc. (Consolidated)						United Community Bank
	Minimum (1)		Well Capitalized		March 31, 2020			December 31, 2019			March 31, 2020			December 31, 2019
Risk-based ratios:
Common equity tier 1 capital	4.5	%	6.5	%	12.85		%	12.97		%	13.58		%	14.87		%
Tier 1 capital	6.0		8.0		13.09			13.21			13.58			14.87
Total capital	8.0		10.0		14.93			15.01			14.30			15.54
Leverage ratio	4.0		5.0		10.40			10.34			10.78			11.63
Common equity tier 1 capital					$	1,283,068		$	1,275,148		$	1,351,820		$	1,458,720
Tier 1 capital					1,307,318			1,299,398			1,351,820			1,458,720
Total capital					1,490,998			1,476,302			1,424,147			1,524,267
Risk-weighted assets					9,983,839			9,834,051			9,957,388			9,810,477
Average total assets for the   leverage ratio					12,570,521			12,568,563			12,538,532			12,545,254

⁽¹⁾ As of March 31, 2020 and December 31, 2019 the additional capital conservation buffer in effect was 2.50%