United Community Financial Corp. (UCFC) financial statements (2021 and earlier)

Company profile

Business Address 275 WEST FEDERAL STREET
YOUNGSTOWN, OH 44503-1203
State of Incorp. OH
Fiscal Year End December 31
SIC 6036 - Savings Institutions, Not Federally Chartered (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

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 investments40284335313328
Cash and cash equivalents39284234313328
Short-term investments1110   
Total current assets:40284335313328
Noncurrent Assets
Operating lease, right-of-use asset5  
Property, plant and equipment21222222212222
Intangible assets, net (including goodwill)24242424242424
Goodwill20202020202020
Intangible assets, net (excluding goodwill)3444444
Amortization method qualified affordable housing project investments111189966
Total noncurrent assets:60575455545152
Other undisclosed assets2,8062,7842,7552,7222,7042,6872,611
TOTAL ASSETS:2,9072,8692,8522,8112,7892,7712,691
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt42223320424346248245
Total current liabilities:42223320424346248245
Noncurrent Liabilities
Liabilities, other than long-term debt9967755
Qualified affordable housing project investments, commitment9967755
Total noncurrent liabilities:9967755
Other undisclosed liabilities2,1492,3102,3272,2522,4302,2172,145
Total liabilities:2,5802,5522,5372,5022,4832,4692,395
Stockholders' equity
Stockholders' equity attributable to parent327318315309306301296
Common stock177177177177177177177
Treasury stock, value(49)(49)(42)(39)(32)(32)(32)
Accumulated other comprehensive loss(13)(15)(18)(21)(26)(24)(23)
Retained earnings211204197192186180173
Total stockholders' equity:327318315309306301296
TOTAL LIABILITIES AND EQUITY:2,9072,8692,8522,8112,7892,7712,691

Income statement (P&L) ($ in millions)

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
Revenues29292929272928
Net investment income272827 262524
Cost of revenue(1)(1)(1)(1)(1)(1)(1)
Provision for loan, lease, and other losses(1)0(0)(0)(0)  
Amortization of mortgage servicing rights (msrs)(1)(1)(0)(0)(0)(1)(1)
Financial services costs(0)
Gross profit:27282828262827
Operating expenses(5)(5)(5)(5)(5)(13)(15)
Other operating income, net
(Noninterest Income, Other Operating Income)
0000100
Operating income:23242424221513
Nonoperating income (expense)0(1)(0)(0)(0)(0)0
Bank owned life insurance income000    
Mortgage servicing rights (msr) impairment (recovery)(0)(1)(0)(0)(0)(0)0
Interest and debt expense(8)(8)(7)(7)(6)(5)(5)
Income from continuing operations before equity method investments, income taxes:1515161716108
Other undisclosed income (loss) from continuing operations before income taxes(2)(3)(6)(5)(4)22
Income from continuing operations before income taxes:13131112121210
Income tax expense(2)(2)(2)(2)(2)(2)(2)
Net income attributable to parent:111091010109
Undistributed earnings (loss) allocated to participating securities, basic(0)(0)(0)(0)(0)(0)(0)
Other undisclosed net income available to common stockholders, basic   0   
Net income available to common stockholders, diluted:10109109109

Comprehensive Income ($ in millions)

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:111091010109
Other comprehensive loss  (0)    
Other undisclosed comprehensive income   0   
Comprehensive income:111091010109
Other undisclosed comprehensive income (loss), net of tax, attributable to parent3334(2)(1)(4)
Comprehensive income, net of tax, attributable to parent:13141214885

Statements sources

The financial statements are based on the company's filings with the 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.

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