United Community Banks (UCBI) Tops Q2 EPS by 1c

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United Community Banks, Inc. Reports Net Operating Income of $20.0 Million for Second Quarter 2015, Up 22 Percent From a Year Ago

July 22, 2015 5:30 AM EDT

Operating earnings per diluted share of 32 cents, up 19 percent from a year ago Completed merger with MoneyTree Corporation and its wholly owned subsidiary, First National Bank, on May 1st Loans up $142 million from first quarter, or 12 percent annualized, excluding loans acquired in the merger Core transaction deposits up $109 million, or 11 percent annualized, excluding deposits acquired in the merger Net interest margin holds steady at 3.30 percent Regulatory approvals received for acquisition of Palmetto Bancshares

BLAIRSVILLE, Ga., July 22, 2015 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ:... More