How profitable a bank is has an effect on its safety and soundness. Earnings may be retained by the bank, boosting its capital buffer, or be used to deal with problematic loans, potentially making the bank more resilient in times of trouble. Losses, on the other hand, reduce a bank's ability to do those things.
On Bankrate's test of earnings, United Bank scored 10 out of a possible 30, failing to reach the national average of 15.12.
One important way to measure a bank's earnings is return on equity, or net income (profit, basically) divided by total equity. United Bank's most recent annualized quarterly return on equity was 5.47 percent, below the national average of 8.10 percent.
For the twelve months ended December 31, 2017, the bank recorded net income of $165.6 million on total equity of $3.44 billion. The bank experienced an annualized return on average assets, or ROA, of 0.94 percent, below the 1 percent deemed satisfactory in accordance with industry standards and below the average for U.S. banks of 1.00 percent.