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Fair Value Measurements (Tables)
 12 Months Ended
Dec. 31, 2021
Fair Value Disclosures [Abstract]  
Schedule of assets and liabilities measured at fair value on a recurring basis
The table below presents United’s assets and liabilities measured at fair value on a recurring basis, aggregated by the level in the fair value hierarchy within which those measurements fall (in thousands):
December 31, 2021Level 1Level 2Level 3Total
Assets:    
AFS debt securities:    
U.S. Treasuries$217,520 $— $— $217,520 
U.S. Government agencies & GSEs— 187,032 — 187,032 
State and political subdivisions— 275,844 — 275,844 
Residential MBS— 2,145,134 — 2,145,134 
Commercial MBS— 873,851 — 873,851 
Corporate bonds— 190,771 2,395 193,166 
Asset-backed securities— 604,277 — 604,277 
Equity securities with readily determinable fair values— 1,302 — 1,302 
Mortgage loans held for sale— 44,109 — 44,109 
Deferred compensation plan assets11,769 — — 11,769 
Servicing rights for SBA/USDA loans— — 6,513 6,513 
Residential mortgage servicing rights— — 25,161 25,161 
Derivative financial instruments— 35,722 6,758 42,480 
Total assets$229,289 $4,358,042 $40,827 $4,628,158 
Liabilities:
Deferred compensation plan liability$11,795 $— $— $11,795 
Derivative financial instruments— 20,097 5,048 25,145 
Total liabilities$11,795 $20,097 $5,048 $36,940 

December 31, 2020Level 1Level 2Level 3Total
Assets:    
AFS debt securities:    
U.S. Treasuries$128,072 $— $— $128,072 
U.S. Government agencies & GSEs— 152,972 — 152,972 
State and political subdivisions— 274,472 — 274,472 
Residential MBS— 1,485,585 — 1,485,585 
Commercial MBS— 549,131 — 549,131 
Corporate bonds— 70,017 1,750 71,767 
Asset-backed securities— 562,722 — 562,722 
Equity securities with readily determinable fair values774 913 — 1,687 
Mortgage loans held for sale— 105,433 — 105,433 
Deferred compensation plan assets9,584 — — 9,584 
Servicing rights for SBA/USDA loans— — 6,462 6,462 
Residential mortgage servicing rights— — 16,216 16,216 
Derivative financial instruments— 75,887 10,779 86,666 
Total assets$138,430 $3,277,132 $35,207 $3,450,769 
Liabilities:
Deferred compensation plan liability$9,590 $— $— $9,590 
Derivative financial instruments— 26,595 2,408 29,003 
Total liabilities$9,590 $26,595 $2,408 $38,593 
Schedule of assets measured at fair value on a recurring basis using significant unobservable inputs The following table shows a reconciliation of the beginning and ending balances for all other assets measured at fair value on a recurring basis using significant unobservable inputs that are classified as Level 3 values (in thousands):
 Derivative
Asset		Derivative
Liability		Corporate Bonds
December 31, 2018$11,841 $15,732 $995 
Sales and settlements(1,135)(2,330)— 
Fair value adjustments included in OCI— — 3 
Fair value adjustments included in earnings (3,468)(4,843)— 
December 31, 20197,238 8,559 998 
Transfers into Level 3 (1)
583 — — 
Additions368 — 1,750 
Sales and settlements— — (1,000)
Fair value adjustments included in OCI— — 2 
Fair value adjustments included in earnings2,590 (6,151)— 
December 31, 202010,779 2,408 1,750 
Transfers into Level 3 (1)
74 — — 
Additions261 170 500 
Fair value adjustments included in OCI— — 145 
Fair value adjustments included in earnings(4,356)2,470 — 
December 31, 2021$6,758 $5,048 $2,395 
(1) Certain derivative assets were transferred from Level 2 to Level 3 of the fair value hierarchy due to a change in the assessment of significance of the CVA.
Schedule of liabilities measured at fair value on a recurring basis using significant unobservable inputs The following table shows a reconciliation of the beginning and ending balances for all other assets measured at fair value on a recurring basis using significant unobservable inputs that are classified as Level 3 values (in thousands):
 Derivative
Asset		Derivative
Liability		Corporate Bonds
December 31, 2018$11,841 $15,732 $995 
Sales and settlements(1,135)(2,330)— 
Fair value adjustments included in OCI— — 3 
Fair value adjustments included in earnings (3,468)(4,843)— 
December 31, 20197,238 8,559 998 
Transfers into Level 3 (1)
583 — — 
Additions368 — 1,750 
Sales and settlements— — (1,000)
Fair value adjustments included in OCI— — 2 
Fair value adjustments included in earnings2,590 (6,151)— 
December 31, 202010,779 2,408 1,750 
Transfers into Level 3 (1)
74 — — 
Additions261 170 500 
Fair value adjustments included in OCI— — 145 
Fair value adjustments included in earnings(4,356)2,470 — 
December 31, 2021$6,758 $5,048 $2,395 
(1) Certain derivative assets were transferred from Level 2 to Level 3 of the fair value hierarchy due to a change in the assessment of significance of the CVA.
Schedule of quantitative information about Level 3 fair value measurements for fair value on a recurring basis
The following table presents quantitative information about recurring Level 3 fair value measurements, excluding servicing rights which are detailed in Note 10 (in thousands): 
Level 3 Assets and LiabilitiesValuation Technique December 31,
Significant Unobservable Inputs20212020
RangeWeighted AverageRangeWeighted Average
Derivative assets - mortgageInternal modelPull through rate
45.9% - 100%
87.2%
65.6% - 100%
83.9%
Derivative assets - customer derivative positionsInternal modelEstimated loss rate
33.4 - 44.0
36.0
100 - 100
100
Derivative assets & liabilities - otherDealer pricedDealer pricedN/AN/AN/AN/A
Corporate bondsIndicative bid provided by a brokerMultiple factors, including but not limited to, current operations, financial condition, cash flows, and similar financing transactions executed in the marketN/AN/A
Discounted cash flowDiscount rate
3.6 - 3.8
3.6 
Schedule of loans held for sale at fair value under the fair value option The following tables present the fair value and outstanding principal balance of these loans, as well as the gain or loss recognized resulting from the change in fair value for the periods indicated (in thousands).
Mortgage Loans Held for Sale
December 31,
20212020
Outstanding principal balance$42,581 $99,746 
Fair value44,109 105,433 
Amount of Gain (Loss) Recognized on
Mortgage Loans Held for Sale
Location202120202019
 Mortgage loan gains and other related fees$(4,159)$3,815 $1,177 
Schedule of presentation of assets measured at fair value on nonrecurring basis
The following table presents the fair value hierarchy and carrying value of all assets that were still held as of December 31, 2021 and 2020, for which a nonrecurring fair value adjustment was recorded during the periods presented (in thousands).
December 31, 2021Level 1Level 2Level 3Total
Loans$— $— $2,536 $2,536 
December 31, 2020
Loans$— $— $29,404 $29,404 
Schedule of carrying amount and fair values for other financial instruments that are not measured at fair value on a recurring basis
The carrying amount and fair values for other financial instruments that are not measured at fair value on a recurring basis in United’s consolidated balance sheets are as follows (in thousands):
 Carrying AmountFair Value Level
December 31, 2021Level 1Level 2Level 3Total
Assets:     
HTM debt securities $1,156,098 $— $1,148,804 $— $1,148,804 
Loans, net11,657,814 — — 11,607,821 11,607,821 
Liabilities:
Deposits18,241,179 — 18,239,934 — 18,239,934 
Long-term debt247,360 — — 267,064 267,064 
December 31, 2020
Assets:
HTM debt securities$420,361 $— $437,193 $— $437,193 
Loans, net11,233,805 — — 11,209,717 11,209,717 
Liabilities:
Deposits15,232,358 — 15,232,274 — 15,232,274 
Long-term debt326,956 — — 336,763 336,763