United Community Bank of West Kentucky, Inc.

500 North Morgan Street
Morganfield, KY 42437

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 57301
Date Established 2001
Assets $0.26 billion
Loans $0.18 billion
Deposits $0.21 billion
Capital $0.03 billion

United Community Bank of West Kentucky, Inc. is an FDIC insured institution located in Morganfield, KY. It was founded in 2001 and has approximately $0.26 billion in assets. Customers can open an account at one of its 4 branches.

For a more detailed analysis of United Community Bank of West Kentucky, Inc.'s financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in United Community Bank of West Kentucky, Inc.’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks in Kentucky, United Community Bank of West Kentucky, Inc. has a significantly higher percent of Consumer Auto Loans, Commercial and Industrial Loans, Farm Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 30.15
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 6.13
Small Business Loans 12.22
Construction and Development Loans 0.79
Commercial Real Estate 18.78
Commercial and Industrial Loans 18.18
Farm Loans 11.83

Deposit Rates - June 25, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.03% $2,500 $9,999 Learn MoreShow Less
Money Market
0.13% $10,000 $24,999 Learn MoreShow Less
Money Market
0.15% $25,000 $49,999 Learn MoreShow Less
Premium Money Market Account
0.40% $10,000 - Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.10% $500 - Learn MoreShow Less
6 Mo CD
0.35% $500 - Learn MoreShow Less
12 Mo CD
1.80% $500 - Learn MoreShow Less
18 Mo CD
0.50% $500 - Learn MoreShow Less
24 Mo CD
2.00% $500 - Learn MoreShow Less
36 Mo CD
2.25% $500 - Learn MoreShow Less
48 Mo CD
1.00% $500 - Learn MoreShow Less
60 Mo CD
1.75% $500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.52% $500 - Learn MoreShow Less

Loan Rates - June 25, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for United Community Bank of West Kentucky, Inc.

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
4.500% 4.500% 0.00 $0 $1,267 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info

Note to United Community Bank of West Kentucky, Inc.
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Branches

United Community Bank of West Kentucky, Inc. branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


United Community Bank of West Kentucky, Inc. Locations


Financial Details

United Community Bank of West Kentucky, Inc. Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of United Community Bank of West Kentucky, Inc.. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
United Community Bank of West Kentucky, Inc. U.S. Bank Average
0.84% 6.97%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of December 31, 2018, United Community Bank of West Kentucky, Inc. had $268,000 in non-current loans and $39,000 in owned real estate. To cover these potential losses it had $34,106,000 in equity and $2,611,000 in loans loss reserves. That gives it a Texas Ratio of 0.84%.

Return on Equity
United Community Bank of West Kentucky, Inc. U.S. Bank Average
13.19% 8.80%

United Community Bank of West Kentucky, Inc. has a Return on Equity of 13.19% versus the BestCashCow average of 8.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
United Community Bank of West Kentucky, Inc. U.S. Bank Average
13.01% 12.29%

United Community Bank of West Kentucky, Inc. has a Capitalization of 13.01% versus the BestCashCow average of 12.29. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

United Community Bank of West Kentucky, Inc. Balance Sheet Analysis

As of December 31, 2018, United Community Bank of West Kentucky, Inc. had assets of $262,052,000, loans of $178,663,000, and deposits of $206,278,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

December 31, 2018
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.00 billion
Total securities $0.06 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.18 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.01 billion
     Total Assets $0.23 billion
LIABILITIES
Total deposits $0.21 billion
      Interest-bearing deposits $0.16 billion
      Deposits held in domestic offices $0.21 billion
      % insured (estimated) 74.54%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.02 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.23 billion
      Shareholders’ Equity $0.03 billion

Summary Income Statement

December 31, 2018
INCOME AND EXPENSES
Total Interest Income $0.01 billion
Total Interest Expense $0.00 billion
Net interest income $0.01 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.01 billion
Pre-tax Net Operating Income $0.01 billion

Frequently Asked Questions About United Community Bank Of West Kentucky, Inc.

Branches and Savings

Is United Community Bank Of West Kentucky, Inc. FDIC insured?

Yes. It is covered under FDIC Certificate #57301.

Why does United Community Bank Of West Kentucky, Inc. pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are United Community Bank Of West Kentucky, Inc. CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is United Community Bank Of West Kentucky, Inc. a commercial bank?

Yes

Where are United Community Bank Of West Kentucky, Inc. locations?

See branch locations nearby.

Is United Community Bank Of West Kentucky, Inc. open on Saturdays?

Is United Community Bank Of West Kentucky, Inc. open on Sundays?

What time does United Community Bank Of West Kentucky, Inc. open?

What time does United Community Bank Of West Kentucky, Inc. close?

Are United Community Bank Of West Kentucky, Inc. ATMs Open 24/7?

Do United Community Bank Of West Kentucky, Inc. ATMs accept cash deposits?

Can United Community Bank Of West Kentucky, Inc. customers use other ATMs?

Do United Community Bank Of West Kentucky, Inc. branches have notaries?

Will United Community Bank Of West Kentucky, Inc. notarize my document?

What address for United Community Bank Of West Kentucky, Inc. should I put for incoming ACH transfers?

Will the United Community Bank Of West Kentucky, Inc. branch print checks?

Do United Community Bank Of West Kentucky, Inc. checks expire?

Does United Community Bank Of West Kentucky, Inc. require US citizenship to open account?

Can United Community Bank Of West Kentucky, Inc. close my account?

Does United Community Bank Of West Kentucky, Inc. Report to credit bureaus?

Does United Community Bank Of West Kentucky, Inc. Use Equifax?

What is United Community Bank Of West Kentucky, Inc.'s ACH Routing Number?

What is United Community Bank Of West Kentucky, Inc.'s SWIFT code?

Products

Does United Community Bank Of West Kentucky, Inc. offer mortgages?

Compare mortgage rates here.

Does United Community Bank Of West Kentucky, Inc. offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does United Community Bank Of West Kentucky, Inc. offer personal loans?

Compare personal loan rates here.

Does United Community Bank Of West Kentucky, Inc. offer student loans?

Will United Community Bank Of West Kentucky, Inc. cash a check?

Will United Community Bank Of West Kentucky, Inc. redeem a savings bond?

Does United Community Bank Of West Kentucky, Inc. cash savings bonds?

Will United Community Bank Of West Kentucky, Inc. cash money orders?

Can United Community Bank Of West Kentucky, Inc. issue a money order?

Does United Community Bank Of West Kentucky, Inc. do currency exchange?

Background on The Bank

Who owns United Community Bank Of West Kentucky, Inc.?

How long has United Community Bank Of West Kentucky, Inc. been around?

Can United Community Bank Of West Kentucky, Inc. transfer to other banks?

Does United Community Bank Of West Kentucky, Inc. have quick pay?

Does United Community Bank Of West Kentucky, Inc. accept rolled coins?

Will United Community Bank Of West Kentucky, Inc. accept loose change?

Where is United Community Bank Of West Kentucky, Inc. headquarters?

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