United Community Banks (UCB) S-3ASR Automatic shelf registration

Exhibit 12.1

UNITED COMMUNITY BANKS, INC.

RATIO OF EARNINGS TO FIXED CHARGES (Regulation S-K 503(d))

	12/31/17		12/31/16			12/31/15			12/31/14			12/31/13
EARNINGS
Net Income Before Taxes		172,834		162,992			115,014			107,070			34,952
Fixed Charges		35,172		26,637			22,110			26,936			47,044
Amortization of Capitalized Interest		-		-			-			-			-
Capitalized Interest		-		-			-			-			-
Preferred Series A Dividends (pre-tax equivalent)		-		(32	)		(103	)		-			(20	)
Preferred Series B Dividends (pre-tax equivalent)		-		-			-			(245	)		(16,002	)
Preferred Series D Dividends (pre-tax equivalent)		-		-			-			(431	)		(2,562	)
Total Earnings		208,006		189,597			137,021			133,331			63,413
Interest on Deposits		17,062		10,156			8,825			11,925			14,566
Total Earnings Excluding Deposit Interest		190,944		179,441			128,196			121,406			48,847
FIXED CHARGES
Interest Expense		33,735		25,234			21,108			25,549			27,680
Interest Capitalized		-		-			-			-			-
Interest Included in Rental Expense		1,437		1,371			899			712			781
Preferred Series A Dividends (pre-tax equivalent)		-		32			103			-			20
Preferred Series B Dividends (pre-tax equivalent)		-		-			-			245			16,002
Preferred Series D Dividends (pre-tax equivalent)		-		-			-			431			2,562
Total Fixed Charges		35,172		26,637			22,110			26,936			47,044
Interest on Deposits		17,062		10,156			8,825			11,925			14,566
Total Fixed Charges Excluding Deposit Interest		18,110		16,481			13,285			15,011			32,478
RATIO OF EARNINGS TO FIXED CHARGES
Including Interest on Deposits		5.91 x		7.12 x			6.20 x			4.95 x			1.35 x
Excluding Interest on Deposits		10.54 x		10.89 x			9.65 x			8.09 x			1.50 x
DEFICIENCY (503(d) 1(A)) with deposit interest		-		-			-			-			-
DEFICIENCY (503(d) 1(A)) without deposit interest		-		-			-			-			-