United Community Bank
Milford, Iowa · FDIC Cert #13656
United Community Bank is an FDIC-insured bank (Certificate #13656) with $272M in total assets and $227M in total deposits as of the Q2 2024 Call Report. Headquartered in Milford, Iowa, the bank maintains a Tier 1 capital ratio of 10.65% (Well-Capitalized) and a nonperforming loan ratio of 1.58%. BankHealthData assigns a composite Health Grade of C (61/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
United Community Bank (FDIC cert 13656) is a community bank — $272M in total assets, $227M in deposits, serving the Milford, Iowa area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is adequate: Tier 1 capital ratio of 10.65% meets the 8% well-capitalized threshold but does not provide substantial buffer above it. Adequate capital is regulatory-acceptable but leaves less room for absorbing unexpected losses. Asset quality is normal: non-performing loan ratio of 1.58% sits in the typical 0.5-2% range for healthy U.S. banks. Some NPL is unavoidable in any meaningful lending portfolio. Liquidity is in the normal range: 18.1% liquid assets relative to total assets — adequate for standard operating needs and routine deposit outflows.
Profitability is thin: ROA of 0.48% runs below the 1% benchmark. Thin margins can reflect cyclical net-interest-margin pressure, elevated provisions for loan losses, or operating-cost inefficiency. Health-score trend is declining materially over the most recent quarters. Declining trends warrant attention — banks in this pattern often face follow-on regulatory engagement and elevated supervisory scrutiny. United Community Bank carries a composite BankHealth grade of C (61/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: United Community Bank
- Total Assets
- $272M
- Total Deposits
- $227M
- Tier 1 Capital Ratio
- 10.65%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 1.58%
- Liquidity Ratio
- 18.06%
- Return on Assets
- 0.48%
- Headquarters
- Milford, Iowa
- FDIC Certificate
- #13656
- Health Grade
- C (61/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, United Community Bank holds a Tier 1 capital ratio of 10.65%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning United Community Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
United Community Bank shows average financial health. While not alarming, its Health Score of 61/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How United Community Bank Compares
United Community Bank’s Health Score of 61 is 7 points below the Iowa state average of 68 across 162 FDIC-insured banks. Its 10.65% Tier 1 capital ratio is 3.4 points below the US banking industry average near 14%. The 1.58% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 0.48% is below the national ROA benchmark of ~1.1%. Among 1584 similarly-sized banks, the average Health Score is 69, meaning this bank ranks below its size cohort. Site-wide, United Community Bank is 9 points below the portfolio average of 70.
Frequently Asked Questions
United Community Bank has a Bank Health Score of C (61/100), placing it in average financial health. It holds a Tier 1 capital ratio of 10.65%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. United Community Bank's Tier 1 capital ratio of 10.65% and nonperforming loan ratio of 1.58% indicate an average risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at United Community Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #13656). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
United Community Bank holds $272M in total assets and $227M in total deposits. It is headquartered in Milford, Iowa (FDIC Certificate #13656).
United Community Bank has a Tier 1 capital ratio of 10.65%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 1.58%, and the return on assets is 0.48%.
Yes. United Community Bank is FDIC-insured (Certificate #13656). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An C grade on our Bank Health Score means 55-69/100 — average across capital, loan quality, and profitability. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
United Community Bank's metrics are around average for the industry. There's no urgent action needed for FDIC-insured deposits, but it's worth monitoring quarterly updates. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.