Category Archives : Loan Loss

United Bank and Trust- Loan Discussion

I want to talk about the Bank's Balance Sheet, and (in my opinion) the most important Balance sheet item is the Loan Portfolio and the Loan activity of the bank.  Some might argue that deposits and liquidity are more important, but the Loan Portfolio and the accompanying loan loss accruals have been the source of […]

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United Bank and Trust- Can it Sell its Impaired Loans?

Can the Bank Sell some Impaired Loans? One thing to watch for as Second Quarter Financial are about to be released is whether the bank has been able to sell its impaired loans.  As the economy improves, this option may be available to the bank.  Indeed, maybe it's been trying to do that for a […]

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United Bank and Trust- Loan Loss Detail

I apologize because lately I have been very busy and I have not had much time lately to give any comments. Today I was studying the Proxy statement and I noticed something.  Note 5 talks about Allowance for Loan Losses.  Similarly, in last year's Proxy statement, Note 5 also talked about Loan Losses.  (The templates […]

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UBT- Revision to 2010 Financials

I try to look at www.sec.gov every Monday, because there are generally several additions that companies make on Friday, just before the weekend.  Speaking of which, United Bank and Trust just announced that it is revising its Financial Statements for 2010, because it decided last week, that one loan was impaired by another $1.38M.  This […]

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