UCBI - Earnings call 3 2023 | United Community Banks, Inc.

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Operator

Good morning, and welcome to United Community Bank's Third Quarter 2023 Earnings Call. Hosting our call today are our Chairman and Chief Executive Officer, Lynn Harton; Chief Financial Officer, Jefferson Harralson, President and Chief Banking Officer, Rich Bradshaw; and Chief Risk Officer, Rob Edwards.

United's presentation today includes references to operating earnings, pretax, pre-credit earnings and other non-GAAP financial information.

For these non-GAAP financial measures, United has provided a reconciliation to the corresponding GAAP financial measure in the Financial Highlights section of the earnings release as well as at the end of the investor presentation. Both are included on the website at ucbi.com.

will quarter's on and SEC the Form replay this third filed presentation and company's the the of morning in this X-K call website of at earnings section investor release were a Investor ucbi.com. Copies Relations available of be with the may be Please statements that representatives by this during made aware of forward-looking call, be United. well considered and as and uncertainties Form Pages X X Any the the its risks XX-K information company forward-looking on described filings SEC other of website. as statements provided by with in light should and XXXX of be its company's in on included the

At this Harton. time, Lynn turn I'll over to call the

Herbert Harton

and morning, today. you call our Good for thank joining

quarter. would continue As expect, of to we a influences environment you see this higher rate

we deposit into see XX%, first the sold branches as falling liquidity. a quarter. positive down million in strong percentage do $XXX grew of Tennessee. total from the X and to products deposits acquisition X% growth annualized to movement quarter, slightly On or . We we last higher-yielding DDA and XX% deposit the Customer side, with this excellent Miami excluding had continue

very liquidity continues Our position strong. be to

no over quarter, borrowings. deposits million annualized, fund of to During while equivalents short-term were at in cash and in All million organic growth essentially paying loan we the still with able reaching $XXX down $XXX broker X.X% over end. quarter

needs. customers' Our ample remained our to borrowing ratio loan-to-deposit at providing XX%, meet liquidity

the to of continued by Our margin slowed. change, competition be impacted rate mix rate change has and but

rates customers credit of XX basis XXX a basis are last Higher to a points from perspective. basis this XXX fell margin decline. some from quarter, our also impacting interest points net Our weaker point quarter

locally a on we share disclosed, based previously an X.X% $XX of charge-off credit. national shared a took As million

have nonaccrual properties. for We on also $X care expected reflecting value X been by the million, market centers, which down memory wrote

quarter. basis our ratio, points, charges, With excluding bank XX last XX from was the points up basis charge-off net Navitas

charge-offs Navitas' increased coming small had higher segment. Our this the relatively Navitas quarter charge-off to quarter X.XX%. from annualized for losses subsidiary a trucking to exposure rate long-haul due the was

segment, XX the long-haul charge-offs quarter. the Excluding Navitas points were basis for in approximately

Taken the strong. quarter. are basis The portfolio basis losses for somewhat XX ratio XX continue majority well very consolidated together, economies quarter from continues up last These of points, and unique. points perform our to to our local charge-off be our was

know combination of in we rapid rate that However, least earnings performance, can conditions credit strategies management down lending some cautious compared XX% were this portfolio segments. in summary, history per quarter. the tightening reason. to In or quarter our $X.XX and and increases weaken interest We're for business operating last from credit at share, our $X.XX this

points Our down points basis operating on basis the quarter, was and XX for XX assets return ROA points, pre-provision XXX was pretax quarter. last from our basis

closed front, integrated and deal fully their announced strategic National year. First February XX weekend, of look on having July this company. the Conversion we South we outstanding this the scheduled On for Bank Miami, is to with team on X, forward we a of

our on performance the Now for to detail Jefferson ask more quarter. I'll provide

Jefferson Harralson

Thank morning deposits. on details start am everyone. Lynn, X. you, Page to I and more on into and to going good some go my And comments

. with we $XXX of driving the our up had Miami, In million South balances consumer loan National growth total deposit $XXX million, in of quarter, than more our which $XXX and quarter mentioned, Lynn million business growth. deposit very As First of strong were the addition of Bank increase. funded the the

our in $XXX us deposits X targeted deposit proceeds million totaling to footprint. strong $XXX in to had of branches of we sale the addition also deposits pay broker the also million Tennessee that In sale of the million that down offset book securities were outside of $XXX South and growth, allowed the Miami's

total to We XX and the to basis of XXXX. see our in increased to fourth points deposits cumulative quarter since of our beta X.XX% price took up quarter that drove continue deposit third cost XX% competition the

to Moving X. Page

mix a percentage in moved continued slower the quarter, change our saw from quarter. albeit DDA as at third pace also to last XX% deposit We XX%

Our deposit diversified base granular. very industries growing, our to and geographies is and Page loan X. We portfolio on between turn

As $XXX I is quarter in the by which annualized. mentioned, we third grew loans million, X.X%

lay heavy and Page is and generally also loan X, we that it estate to diversified less commercial peers. more as our On granular portfolio, compared out real

Turning balance we XX, of some highlight our where Page our of strength to sheet.

million broker leaves our the XX%. paying us down customer loan-to-deposit virtually in than our funding remaining, ratio chart pushed on bottom wholesale our ratios, of of of While our deposits higher our ratio no grew loans, with a the deposits, the CETX to this effect faster -- and of $XXX We for But the ratio. our page, positive X TCE XXXX. which capital is

but Miami tangible basis They under a we in On peer impact down XXX waterfall value XX, quarter and our were book higher than remain look just Page we the with take a South points show deeper slightly chart. medians. capital, just of at the

and Our slightly ratios Miami. investment mostly South regulatory also with the into remain just decreased above peers

paying leverage the of Our with increased ratio effect the book XX points paying brokered down Miami's basis and South down securities delevering funds.

XX. the margin on to on Moving Page

XX decreased basis to points quarter. margin last compared The

also balance last estimated, XX on points had quarter The of the deposits the loans competitive up total the cost in increased cost more in on we basis us but net positive was of of increase of coming deposits was our deposit changes. mix but increase than higher basis yield main liquid with the to offset points cost points, to X other tougher margin and range, of basis XX which a loan new was mid-X% driver the the our X.XX%. similar total environment sheet we form rates, saw Our

and quarter. income XX. Noninterest $X.X mostly mentioned investments $X.X was items to expect do not on Expenses and fee $X.X repeat unrealized million we on up that absence Page $X.X at and $XXX.X relative I regularly. million last in XX, of came write-up Notable million. quarter, MSR the due million to Page down one-timers equity to Moving income to included of last losses in million,

Excluding that estimate were core our just South expenses Miami, up modestly. we

$X.X XXXX. We half QX to in begin but remarks, will Page are XX. million on $X.X expecting covered to extracted credit first million in fully for cover talk set when allowance of cost $XX.X charge-offs. to losses in net in materialize the to credit We and in aside his the million savings quarterly well be on charge-off trends and I the

reserve to Miami addition that into In the $X.X with difference, PCD South million we added another the $X.X million mark.

our loans the with flat as NPAs and a of improved remained essentially coverage of of Our allowance for losses credit improvement NPAs. percentage

I'll pass that, With Lynn. it back to

Herbert Harton

our And purpose, for our you, United . forward the Jefferson. thanks communities, on the continuing focus to questions. Thank many to your open I to appreciate look like together. floor I building to succeed And I'd team, and now living

Operator

will We Raymond first will take Instructions] Rose Michael [Operator our come with from which question, James.

Michael Rose

Maybe home we touch could we and moving in Express quality. there were pieces on like just what's if wanted specifically the within looks start credit some to And exclude going Credit, equity. charge-offs on on Mountain and NPAs

a were was but up. So NPAs there then recovery,

forward, can I And if on of you just move the just you but this know as given -- then we can touched delve some challenges you quarter. if into Navitas just it,

be XX I here, loss being you business memory talked obviously that what there. points some business to then the you that just when but get about kind that And I won't of some for given the above a think guys thoughts wanted through business, think you off XX the announced might of expectations quarter content I basis this challenges we going referenced, to forward? as move but this, updated cycle

Robert Edwards

increasing Rob credit and to losses made expect while we economically really Titan Edwards. seeing anything comment, struggle the interest rates. not to tightening the We're the and because just we say It's -- of and would the yet. I expect the speak to in do -- credit future Lynn of do credit rapidly

space. seeing equity drivers the a circumstance and And home a large have from quarter the recovery acquired, points in kind scale space. basis equity down, was credit are back, a XX points from did so single XX quarter. we losses to if any home We you had -- in last That really -- you not you Navitas credit this that everything basis unique mentioned the include if of our but

business. continues well. Actually, perform to lien of It XX% first our equity business is home

rest strong remember business, number. are in a I above very seems recent take portion of of the as when think expectations. relates X% out were So long-haul And is sort comment point Lynn guidance XX trucking as what of we to portfolio. they portfolio. X% been But business be to the a of I far range. the basis that if made performing it's it at thinking of the think loss quarter, our XX Navitas, outside within And transportation has so aspect this the clearly, purchased you our that basis the points I for And it, it that it of we

Michael Rose

would potential some deposit peak of Okay. of face you of about you maybe last and a about a if and And to that Great. help, you late, peak sorry on still basis least kind of you or at greater a maybe the this, every the I to other moving not gears. I getting rates certainly if quarter. then kind still against again, missed will Maybe FHLB any but Is a tailwinds, close quarter, color. bank as fourth pricing I increases having assume, talked that question, and the just hopped I some but can moved some talk of quarter, on the switching core Obviously, forward. guys follow-up know headwinds hopefully love this and expectations? expansion kind in

Jefferson Harralson

in which of of down I not we were the happened the down the the was. third, seeing but a slowdown will points the fourth some mid-quarter that as our existing benefit quarter, customers more little basis it will mix money expensive the the DDA of bit paying moving we brokered here, I fourth margin positive. positives are, rates what XX in raise X cases. about saw to quarter, some which was we And a do and as get by some moving but CDs -- CDs, to Talking our a a with this we think in to we trends from in we're -- be quarter, much from be do what quarter margin are choosing we rates, bit seeing. the of is market And the change XX% have moving this what guess didn't the promotional in really

we're similar we're rates. yield So but rates, actually is is that making high -- finding kind we're it continue the are they at which our higher sure some out I pace. mix change do and cases, about customers within calling moving reasonable and about. because of getting the and there. We're loans a happy you're should putting still on coming was them seeking cost at In we're at new customer slower think a be an new loan a know of at existing pace But funds rates on higher rates bank, we seeing to moving what higher going the have customers

QX So in stabilization compression I what think year. hire you'll see to next again, slight is, and

Michael Rose

then plans to helpful. Very wanted a know next The higher percent final plan remains a talked to scenario X-ish we year? possibility positive operating or environment. as kind leverage just expenses and about type target there me. experience But could outlook see maybe and a just you any is kind one And obviously, look reduce of for I formally revenue if one for informally where expense to of that challenged other longer under forward. you to previously you've maybe and banks, there's either move for

Jefferson Harralson

So our right think so. budget I in We're now. process yes,

of July. we segments we can and expenses, revenue where X actively we There to branches. lot of that apply the mentioned had a in cutting that business are a before We on X to has have mortgage, a branches it are. -- our certain that impact namely banks closed sold some like savings Rich are cost obviously. We off,

have an we we front the you thinking now expense things because So executing. in to it's number, it's target, And of our piece through of going it, budgets okay and now. also the but kind a and on of give hard give many number period individual a the kind X% time sounds an of that are yes, budget about middle but we're we're to right like inflationary that

I So model think my but for X%, higher that. we're to going than shoot

Operator

Our Mueler next come question Catherine with will from KBW.

Catherine Mealor

I to growth just about want ask loan outlook. your

feel I maintained the growth few past pace, You kind of -- pretty you like steady a quarters. over

year. next quarter. Navitas year into bit that that this a continue well? through Is about then next I thinking slowed something you're to that And conversation, that also how noticed curious you Just plan little as within that growth

Richard Bradshaw

Catherine, but looking kind we still this little of interest the growth, in recognizing some there. of is a bit We're than higher And and loan Bradshaw. into probably QX. Rich the the at continue QX, the out expect pace mid-single-digit less that to stress rates

However, optimistic real on banks the side. doing, about of create opportunities we some are are the that to the going of downsizing opportunity that's customer

optimistic So we about remain very that.

Jefferson Harralson

And more. this the little sold the you'll growth take quarter, of trends pretty we Navitas is bit Jefferson. but were more selling this a question. on loans leaned I'll Navitas we kind notice into front, that similar

is target that X% We We've are have XX%, our Navitas We talked like loans range. ratio. keeping of below it our total about but the loans. X%

-- accommodative quarter. higher of that selling amenable, loans as continue we'll as I continue long and selling you'll So a see is each think market us number

Catherine Mealor

your outlook of do for kind or elevated just quarters? kind do charge-off? of couple back How the expect next the do bit? Or normalize it that little feel long to a Navitas given level part see of -- of for feel you we'll like you What's this you trucking

Robert Edwards

way No, this next thinking begin the to then . we're subside the you're in will similar quarters. to definitely think will year. be but of it thinking couple next same thinking next early quarter, We quarter

Operator

Sandler. next Scouten with our come And will from Stephen question Piper

Stephen Scouten

think like and and mean, maybe sounds Maybe and know to quarter, taking downside and of XX transactional back the kind said if to we had so rates margin stabilization existing I I accounts was said to saw here maybe expected forth. customers a last I I bps could lot in XQ you briefly. maybe higher closer But of now X then Jettyou XXXX. it it and go

other yields than just out? phenomenon So existing any loan I'm mean pushing prices. the seeing other to look that deposit I anything good. you not move are with pretty there about talked is decipher there's there -- lumen I'm trying that's if on customers that

Jefferson Harralson

Yes, that's pretty much it.

phenomena we it's you're the at other be Now are -- pace. market been a here we growing at rates. when good deposits, deposits have going is pretty to And growing

make study a of faster it bit negative and it feel like But call banks rates a I get moving from promotional a is -- the our -- the deposits main growth rates the they're we So has in customers of offer more the the existing sure as to our our near-term also into current is offer. on margin. own often with of impact best the to banks people a that the kind -- drivers

So It's moving we customers our of promotional up rates. mostly really existing impact haven't rates. the moved into

Stephen Scouten

at longer the do mortgage higher securities And we any that this Has about view in Okay. if point wasn't point? at think really a changed you kind think the restructuring environment Or said you at really table. of for quarter, last this I mean, I all? longer-dated the are math on of on backs

Jefferson Harralson

math We see We numbers. the haven't -- it. on we run the

We with capital it's have investing that now. the reinvest do securities, do ability seriously capital ratios hit the into of take have higher seriously that have as this something a yet. to considered and higher We not right we that this but considered not

Stephen Scouten

term? of anything is mid- Or Any And of guess you we expect were 'XX kind any out other And level, see? changing activity Okay. lastly that other that parsing there kind of the then market. know near footprint said more endeavor? of would conversely kind I precipitate of to me, late -- then I just for branches might Tennessee maybe potential to a high branch is still M&A

Richard Bradshaw

the is branch question. base budget the I'll now. going process We're through first on this touch Stephen, Rich.

profitability We market. makes always what this the sense in on continue in and place evaluate to

seems So every be it that -- happens, will it to happen year.

So we'll that process. continue on

Herbert Harton

is Lynn. This

happen. slow side, don't normal always with two, flat might two have what it's marks. marks you growth On the coming but we the for. you But a budget these One for things big people mean you take. be shoot in new -- yes, still because I change I M&A in that environment, the for great teams dealing of really we to initially Number have the M&A transaction just loan a is policies, always because really expect . for it primarily and It's you reasons that's have an pretty on. difficult -- just franchise,

it's honestly, upfront. And typically, of to our so you've environment, larger got in in loan the this growth all but marks environment, can in then products And that. through bring slower and just and that, we kind other through grow grow harder and a then

or be think a for of now year M&A. something, kind for it's math probably question traditional to right it's I and overall mid-next going slow So

Operator

question will come next Marinac Janney. from with . Our Christopher

Christopher Marinac

is on wanted things club shared to I an and sort internal of ask of if and credits there national deals nature. that limit the

if Just a experience. quarter's change curious as to is kind going last that of at all result of

Robert Edwards

. All Rob. are internal it's quite would do low be credit this and that segments from of and consider really to triggers we really a have right established very Chris, limit the the bit portfolio now expect of We limits we have and outlier portfolio. an what representative X established, an have the limit. we that not and below we

Christopher Marinac

this of Great. would you charge-off given the reserve were kind I general reserve year? about the I cover And next level reserve question comments increasing reserves level. guess of just made see or mean that? Rob, gradually the that earlier, a kind does Or

Robert Edwards

forecast. been forecast. million quality the economic the the $XX driven mix, more And and portfolio reserve million increase loan and this it's asset So about is we we by economic year, sort growth by have now $XX about general, really last of by in reserve increased the did reserve the recently, the year,

personal growing. be years, economic with the low probably up ends could . moderate projecting see I growth if forecasting be allowance to loan economic opinion any. the experience growth my driving sort I there would more -- so would And of it that X And the be likely given last that and is

Christopher Marinac

those then to And company is kind substandard about last But year? numbers would on combined and just know compare past it. combined, the more stable? I because it's special your think criticized terms different credit those hard to just so related scale. of portfolio and next the Got could question you cycles managing Or in the of is radically of kind is mention. with elevate

Robert Edwards

-- and chart, look I if the on So you at of XXXX. beginning was the X.X back it if look

combine numbers, of X.X. now, at X right the portfolio. you X.X% If loan were you're at the And

would I So expect I feels at more we're a numbers would call the of at the sort anything else. of increase. it It a normalization than to moment. low like spot

Operator

And from our will next come Stephens. with question Gunther . Russell

Russell Elliott Gunther

appreciate Just follow-up. that you'd the how expect I trend. to and Navitas a losses commentary on

are So normalizing that as guys about you beginning range migration of charge-offs and core How credit bank. in 'XX? the we in year, thinking about in think potential on appropriate aggregate the next

Robert Edwards

think So the basis loss I we would a point said we that through of have what cycle rate XX see experience. previously ourselves type is as

And of think I it if how normalize. things so of that is sort

transportation if quarter quarter, take this and out the basis this sort higher Navitas with I last Now losses at from basis outlier, points sector points included. we of were XX and that's XX

is what we've So point a in -- the of that's business. . sort basis but said XX past

Russell Elliott Gunther

Okay.

what manage Do to XX%, Just a that appreciate perspective for Could thoughts. around in commentary. So there how the the higher? a Peer. ratio just then on to could you're want it. to bit from anticipating And some then drift trend expect out I the would just follow-up you continued Jefferson, the of no actively loan-to-deposit there. conversation. updated noninterest-bearing you change margin a high-level guys outlook about Got share remix you and

Jefferson Harralson

Yes.

to be element in change the So year I half have for at mix for first portfolio least believe, to favor, should our modestly. continuing shrink of continuing securities loans where in you the the generally the the grow

little The on DDA asset mix have you a piece should is So tougher. a positive change side. the

from you we continue the number it's That here. a could a been rates said, forecast seeing customers most may currently given lot and be another some are have products. question that that if but encouraging see especially recent that I making, ratio. rise And results that. it has could encouragement our -- We there slowdown, more towards moving of also this than that we have better been a had a that we're maybe But part slowdown our the the trend that modeling again, are to -- don't and and feel seeing, of rate into we better loan-to-deposit higher me than like

-- ratio that I a loan-to-deposit higher. would little So could yes. think inch

a good base. have funding We

think the strength are by we're and seeing that of been be deposit some what our and deposit I to in October. we've seeing, seeing going growth balance growth, We sheet good and been of using -- we're we've the here encouraged

year. can be have we a that think there out the few the into in you conservative are next into months little putting I us rates next more

So manage can would you growth if a this down want deposit little I we the slow to see think exactly how bit. we

of The have better fund loan-to-deposit little cost for ratio a better inch a experience. us and bit to

Russell Elliott Gunther

Really outlook, any on Okay. you I class loan mid-single How think contribution there? then particular saying strength just asset And guys via digits. growth the you geographies the believe and do helpful. about of are which lastly,

Richard Bradshaw

change mix from working CRE different a into it, of is C&I. think, that little bit see I initiatives the Ross, this away Rich. little a through. got several to bit We'll we're We've

past geography biggest C&I. Our bank Carolina, and the led North quarter they this was in contributor

kind leveraging footprint, we're and their experience So across how that. think that's of about I so

Jefferson Harralson

of some the... and Tennessee about talk to Want

Richard Bradshaw

that ship. positive story but already last it's Key Tennessee, professionals quarter and turn very put in not seeing we're President I we've if It's to dividends. time bit to X But year. a Kelly quarter, the certainly next us. We And Yes. months, pipelines, take state of the closings, . have results going XX our little hired a more first second that, there, paid good those good for really start new going think over to commercial not

Michael Rose

That's for That's great it SPXXXXXXXXX me.

Operator

Truist. will Our from come Brandon next King with question

Brandon King

deposits was the customers? the of at spot deposit is relationships could for rate and And of new cost then Jefferson, quarter? the what you So new new quantify what end the

Jefferson Harralson

Yes.

So spot deposit was the head probably basis in, call to that quarter was for -- X -- have the of the cost the new exactly and Well, X September. deposits of $X.XX spot not than higher average that want was get -- month for the points I I floating relationships numbers but the and my here. On I in want for came -- average, -- I

the don't off-line. I'll right you number. that the I don't to have do I wrong I my number, have talk in Let's want I it. but head get actual have say number X numbers are that now.

I make you the I right get So one. to sure want

Richard Bradshaw

It's probably worth noting...

Jefferson Harralson

Hang second on Brandon. one

Richard Bradshaw

noting, worth probably requests deposit pricing had we their committee surveying each and presidents state had past all this It's pricing down. individually, exception are we them Monday, and on certainly the

it . here. -- see water is we little a So of coming do the

Brandon King

for think I a thoughts think beta, then you when be what rates you Good. given longer? are deposit would know XX%. before, higher that But about talked cumulative And about essentially just I now are your

Jefferson Harralson

a great question. That's Yes.

of doing we we and have right out our XX right now, to there or our forecast Let's -- margin cost are our a want -- don't talk budget funds. I now for

can you in so we're this then about And of And being maybe back of up points. let's quarter. increase gave be into outlook. the amount a think what XX half last see, I'll that that call one. loan on yields you a I thinking cost down you that do our this last basis So going deposit shorter-term margin quarter, you're touch I as much quarter, think do that guidance as a with to give stay I as similar will

think forecast into I and to quarter. talk than is it And grow faster is continuing our budget is season about -- So we'll what it loans. get 'XX going then next

Brandon King

a sense. to Makes And Okay. up for be and on following next [indiscernible], going losses but expectations ease Novitas to year. of not just kind

confidence Just more segment ease sense function of a wanted kind and of is it that trucking just gives will get you what just a maybe running of more off? of that losses of to

Robert Edwards

it, it's the if I all level segment trucking the XX% I Brandon, than trucking highest describe that. specific add I together, exactly Yes, it that where is this the And way portfolio. the think X%. smaller of experiencing would aspects so stress that's piece I probably is of the we're then total think much is think you different

book, performance a So basis of in the small portion performance continuing the see third it's of the the XX just evidenced and . the remainder overall of by consistent we're quarter. such book, points of to

Operator

come will from question Hovde with Group. David Bishop next Our

David Bishop

Jefferson, I a mention you where operating you higher from you term. with here of you little that short-term maybe some guys think you off I being Obviously, in last some quarter, the heard that elevated deployed a borrowings. paid were see near the bit cash liquidity of think lot -- of

where the you see to opportunity employ curious Just that is.

Jefferson Harralson

not inverted yield a there. with ton Yes, the opportunity of seeing curve, I'm

to in likely most are We short or cash. cash hold roll treasuries with that

David Bishop

income from side, Got fourth merger you it. expense here normalizing those And fee perspective curious quarter? maybe then a might in final question. There's on lots see just the operating the of obviously, and given unpack the on where the dollar --

Jefferson Harralson

right. All

did I question. that of not So hear piece completely a

didn't it's I you an -- So can I know you David. said Apologies, there. totally but expense-related hear what question,

David Bishop

Sure. Yes.

layered this see in expenses operating basis dollar next might of income being fully quarter fee the in Just First fourth of you quarter, and near normalizing term? where with the a Miami, impact on

Jefferson Harralson

expect I Yes. be an would expenses the on in absolute to quarter. down fourth basis

Miami As should X savings, we share items. lion's get from South nonoperating quarter. -- laid the be this of cost And we cost up a I fees, the savings -- we think,

see base is the you $X here. about what than higher million So

of . management in But base out businesses. growth our of a is that seeing higher treasury with wealth management net in see slightly laid our that we the We growth wildcard. I bit a Mortgage underlying good should are adjustments X off think for you you.

Operator

And Lynn to conference the turn Harton over concludes like closing our I'd for this any question-and-answer remarks. back session. to

Herbert Harton

to be to once up glad Great. just reach joining will all the and we'll questions, you out, any additional Thank Well, and talk we thank . follow for call, soon. again with you you.

Operator

has Thank very now concluded. attending today's much presentation. conference for The you

now lines. disconnect may You your

United Community Banks (UCB) 18 Oct 232023 Q3 Earnings call transcript