United Bank

Established in 1979

About United Bank

United Bank was established on 1979. The bank's headquarters are located at 11185 Fairfax Blvd in Fairfax, Virginia. It has 5 branches.

United Bank is an FDIC insured bank with FDIC number 22858 managing assets to the value of $28,735,887 as of 9/30/2022.

United Bank has a Texas ratio of 1.52%.
The bank Texas Ratio is an indicator of the bank's health developed at RBC Capital Markets to measure a financial institution's credit troubles. The lower the Texas Ratio, the healthier the bank.

About the Bank

1.52%
Texas Ratio
FDIC Certificate #

22858

Active Insured Since #

10/5/1979

Financial Profile

Dollar figures in thousands (000's)

As of 9/30/2022
Total Assets $28,735,887
Equity Capital $4,592,388
Total Deposits $23,246,717
Total Liabilities $24,143,499
Total Securities $4,801,438
Net Loans And Leases $18,977,355
Loan Loss Allowance $213,729
Total Loans And Leases $19,191,084
YTD (as of 9/30/2022)
Return On Assets 123,092,900.00%
Return On Equity 7,657,312,800.00%
Total Interest Income $430,407
Total Interest Expense $19,215
Total Non Interest Income $88,451
Total Non Interest Expense $269,935

Headquarters

11185 Fairfax Blvd 22030, Fairfax

United Bank branches near me

24.97 miles
26.05 miles
26.23 miles
22.21 miles

Total Loans and Leases Statistics

Total Loans and Leases $19,191,084 In thousands (000's) * All data provided by fdic.gov updated 9/30/2022

United Bank Mortgage Loans Profile

Classic Bank

47.36%

Application Approval Rate

Classic Bank

$267,070

Average Mortgage Loan Amount

Classic Bank

3,560

Number of Loan Applications

Classic Bank

$256,992

Average Income of Applicants with Approved Loans

Classic Bank

1,306,477,800.00%

Average Cost of Loans

Classic Bank

300,500.00%

Average Debt to Income Ratio

* All data provided by the Home Mortgage Disclosure Act, at cfpb.gov updated 12/31/2019

Distribution of Mortgage Loans

Top Counties by Number of Mortgage Loan Applications

1 Fairfax

Number of Loan Applications
334
Average Loan Amount
$311,154
Approval Rate
35.03%
Average Income of Approved Loans’ Applicants
$307,177

2 Monongalia

Number of Loan Applications
220
Average Loan Amount
$223,276
Approval Rate
65.91%
Average Income of Approved Loans’ Applicants
$177,565

3 Montgomery

Number of Loan Applications
209
Average Loan Amount
$300,250
Approval Rate
19.14%
Average Income of Approved Loans’ Applicants
$353,278

4 Washington

Number of Loan Applications
202
Average Loan Amount
$810,192
Approval Rate
25.74%
Average Income of Approved Loans’ Applicants
$527,700

5 Kanawha

Number of Loan Applications
155
Average Loan Amount
$196,456
Approval Rate
66.45%
Average Income of Approved Loans’ Applicants
$181,753

6 Loudoun

Number of Loan Applications
134
Average Loan Amount
$174,259
Approval Rate
40.30%
Average Income of Approved Loans’ Applicants
$210,434

Top States by Number of Mortgage Loan Applications

1 West Virginia

Number of Loan Applications
1,313
Average Loan Amount
$199,768
Approval Rate
69.00%
Average Income of Approved Loans’ Applicants
$267,291

2 Virginia

Number of Loan Applications
1,300
Average Loan Amount
$223,188
Approval Rate
32.69%
Average Income of Approved Loans’ Applicants
$221,513

3 Maryland

Number of Loan Applications
371
Average Loan Amount
$474,130
Approval Rate
31.00%
Average Income of Approved Loans’ Applicants
$354,591

4 District of Columbia

Number of Loan Applications
202
Average Loan Amount
$810,192
Approval Rate
25.74%
Average Income of Approved Loans’ Applicants
$527,700

5 Pennsylvania

Number of Loan Applications
139
Average Loan Amount
$185,208
Approval Rate
69.06%
Average Income of Approved Loans’ Applicants
$108,079

6 Ohio

Number of Loan Applications
76
Average Loan Amount
$166,220
Approval Rate
53.95%
Average Income of Approved Loans’ Applicants
$111,436