United Bancorp Inc (UBMI) financial statements (2020 and earlier)

Company profile

Business Address 2723 SOUTH STATE STREET
ANN ARBOR, MI 48104
State of Incorp. MI
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2671
Cash and cash equivalents2671
Deferred tax assets89
Total current assets:3479
Noncurrent Assets
Property, plant and equipment1011
Total noncurrent assets:1011
Other undisclosed assets854818
TOTAL ASSETS:899908
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities817810
Total liabilities:817810
Stockholders' equity
Stockholders' equity attributable to parent, including:8297
Preferred stock 20
Accumulated other comprehensive income (loss)(1)2
Accumulated deficit(3)(10)
Other undisclosed stockholders' equity attributable to parent8686
Total stockholders' equity:8297
TOTAL LIABILITIES AND EQUITY:899908

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

12/31/2013
12/31/2012
Gross profit:(2)(8)
Operating expenses(25)(22)
Operating loss:(27)(31)
Interest and debt expense(3)(5)
Other undisclosed income from continuing operations before equity method investments, income taxes4241
Income from continuing operations before income taxes:136
Income tax expense(4)(2)
Net income attributable to parent:94
Preferred stock dividends and other adjustments(1)(1)
Net income available to common stockholders, diluted:83

Comprehensive Income ($ in millions)

12/31/2013
12/31/2012
Net income:94
Other comprehensive income (loss)(3)0
Comprehensive income, net of tax, attributable to parent:64

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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