United Community Financial Corp. (UCFC) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
275 WEST FEDERAL STREET YOUNGSTOWN, OH 44503-1203 |
| State of Incorp. | OH |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6036 - Savings Institutions, Not Federally Chartered (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 28,212 | 42,586 | 34,744 | 31,042 | 32,584 | 27,683 | |||
| Cash and cash equivalent | 27,507 | 41,920 | 34,380 | 31,042 | 32,584 | 27,683 | |||
| Short-term investments | 705 | 666 | 364 | ||||||
| Total current assets: | 28,212 | 42,586 | 34,744 | 31,042 | 32,584 | 27,683 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | ✕ | ✕ | ✕ | ✕ | |||||
| Property, plant and equipment | 22,130 | 22,012 | 21,930 | 21,449 | 21,645 | 21,795 | |||
| Intangible assets, net (including goodwill) | 23,783 | 23,911 | 24,038 | 24,166 | 23,970 | 24,102 | |||
| Goodwill | 20,221 | 20,221 | 20,221 | 20,221 | 20,221 | 20,221 | |||
| Intangible assets, net (excluding goodwill) | 3,562 | 3,690 | 3,817 | 3,945 | 3,749 | 3,881 | |||
| Investment, proportional amortization method, elected, amount | 11,000 | 8,200 | 9,000 | 8,500 | 5,600 | 5,700 | |||
| Total noncurrent assets: | 56,913 | 54,123 | 54,968 | 54,115 | 51,215 | 51,597 | |||
| Other undisclosed assets | 2,783,991 | 2,755,332 | 2,721,645 | 2,704,026 | 2,686,759 | 2,611,427 | |||
| TOTAL ASSETS: | 2,869,116 | 2,852,041 | 2,811,357 | 2,789,183 | 2,770,558 | 2,690,707 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Debt | 233,000 | 204,000 | 243,224 | 46,000 | 248,000 | 245,000 | |||
| Total current liabilities: | 233,000 | 204,000 | 243,224 | 46,000 | 248,000 | 245,000 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 8,500 | 5,900 | 6,500 | 6,700 | 4,500 | 4,500 | |||
| Investment program, proportional amortization method, elected, commitment | 8,500 | 5,900 | 6,500 | 6,700 | 4,500 | 4,500 | |||
| Total noncurrent liabilities: | 8,500 | 5,900 | 6,500 | 6,700 | 4,500 | 4,500 | |||
| Other undisclosed liabilities | 2,310,062 | 2,327,432 | 2,252,299 | 2,430,440 | 2,216,574 | 2,145,012 | |||
| Total liabilities: | 2,551,562 | 2,537,332 | 2,502,023 | 2,483,140 | 2,469,074 | 2,394,512 | |||
| Equity | |||||||||
| Equity, attributable to parent | 317,554 | 314,709 | 309,334 | 306,043 | 301,484 | 296,195 | |||
| Common stock | 177,319 | 177,410 | 177,492 | 177,412 | 177,311 | 177,297 | |||
| Treasury stock, value | (48,940) | (41,571) | (38,784) | (31,586) | (31,715) | (31,846) | |||
| Accumulated other comprehensive loss | (15,180) | (18,416) | (21,436) | (25,783) | (24,077) | (22,675) | |||
| Retained earnings | 204,355 | 197,286 | 192,062 | 186,000 | 179,965 | 173,419 | |||
| Total equity: | 317,554 | 314,709 | 309,334 | 306,043 | 301,484 | 296,195 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,869,116 | 2,852,041 | 2,811,357 | 2,789,183 | 2,770,558 | 2,690,707 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 28,802 | 28,512 | 28,559 | 26,622 | 28,663 | 27,718 | ||
| Net investment income | 27,809 | 27,377 | 25,738 | 24,653 | 23,974 | |||
| Cost of revenue | (502) | (507) | (609) | (728) | (542) | (907) | ||
| Provision for loan, lease, and other losses | 51 | (61) | (179) | (251) | ||||
| Amortization of mortgage servicing rights (msrs) | (553) | (446) | (430) | (477) | (542) | (500) | ||
| Financial services costs | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | (407) | |
| Gross profit: | 28,300 | 28,005 | 27,950 | 25,894 | 28,121 | 26,811 | ||
| Operating expenses | (4,627) | (4,500) | (4,512) | (4,530) | (13,432) | (14,504) | ||
| Other operating income, net (Noninterest Income, Other Operating Income) | 83 | 58 | 363 | 557 | 499 | 474 | ||
| Operating income: | 23,756 | 23,563 | 23,801 | 21,921 | 15,188 | 12,781 | ||
| Nonoperating income (expense) | (599) | (114) | (44) | (6) | (20) | 9 | ||
| Bank owned life insurance income | 397 | 385 | ||||||
| Mortgage servicing rights (msr) impairment (recovery) | (996) | (499) | (44) | (6) | (20) | 9 | ||
| Interest and debt expense | (7,756) | (7,215) | (6,677) | (6,067) | (5,366) | (4,517) | ||
| Income from continuing operations before equity method investments, income taxes: | 15,401 | 16,234 | 17,080 | 15,848 | 9,802 | 8,273 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (2,612) | (5,710) | (5,357) | (4,102) | 1,953 | 2,072 | ||
| Income from continuing operations before income taxes: | 12,789 | 10,524 | 11,723 | 11,746 | 11,755 | 10,345 | ||
| Income tax expense | (2,303) | (1,868) | (2,171) | (2,217) | (2,214) | (1,789) | ||
| Income from continuing operations: | 10,486 | 8,656 | 9,552 | 9,529 | 9,541 | 8,556 | ||
| Income before gain (loss) on sale of properties: | 10,486 | 8,656 | 9,552 | 9,529 | 9,541 | 8,556 | ||
| Net income attributable to parent: | 10,486 | 8,656 | 9,552 | 9,529 | 9,541 | 8,556 | ||
| Undistributed earnings (loss) allocated to participating securities, basic | (27) | (30) | (42) | (49) | (41) | (41) | ||
| Other undisclosed net income available to common stockholders, basic | 182 | |||||||
| Net income available to common stockholders, diluted: | 10,459 | 8,626 | 9,692 | 9,480 | 9,500 | 8,515 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 10,486 | 8,656 | 9,552 | 9,529 | 9,541 | 8,556 | ||
| Other comprehensive loss | (30) | |||||||
| Other undisclosed comprehensive income | 132 | |||||||
| Comprehensive income: | 10,486 | 8,626 | 9,684 | 9,529 | 9,541 | 8,556 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 3,236 | 3,050 | 4,215 | (1,706) | (1,402) | (3,990) | ||
| Comprehensive income, net of tax, attributable to parent: | 13,722 | 11,676 | 13,899 | 7,823 | 8,139 | 4,566 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.