Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Bad
|
New words:
affirmative, andfive, aone, appetite, ascash, Bachelor, big, Bulletin, channel, chose, CIRO, CIS, CISO, clarity, CME, CSF, delisting, deploy, depositor, disaggregated, disaggregation, EITF, erroneously, fairvalue, FDI, fiftieth, firstthree, formulated, fromthree, GSC, hybrid, IDI, insight, intelligence, invoice, levied, LIHTC, linked, LMI, nineteen, NIST, oversee, penetration, proactive, Science, shutdown, Signature, Silicon, stay, Steering, Task, ted, thedate, therela, TPO, umbrella, user, VCBI, venture, Window
Removed:
ARRC, Atlanta, bill, broader, broadly, brought, CAA, calculate, case, chapter, compelling, concession, concessionary, consummation, content, converted, deferring, discounting, disruptive, duration, eligibility, emergency, exempt, extending, Facilitation, fractional, GNMA, ICE, identifiable, independently, intention, involvement, language, leased, lengthened, lessor, lifecycle, merged, moratorium, motivate, operated, outbreak, output, partial, perspective, persuading, phasing, predicted, properly, prospective, publisher, put, qualify, realizable, recommended, renegotiated, restructuring, round, satisfaction, SBA, separation, showed, splitting, stimulate, stop, survived, TDR, tied, trillion, twelve, unclear, unintended, UPB, Volcker, watch, weekly
Financial report summary
?Management Discussion
- United’s total assets as of December 31, 2023 were $29.93 billion, which was an increase of $437.10 million or 1.48% from December 31, 2022. This increase was mainly due to a $800.92 million or 3.90% increase in portfolio loans, a $422.29 million or 35.89% increase in cash and cash equivalents, a $16.53 million or 17.42% increase in interest receivable, and a $15.84 million or 22.27% increase in the operating lease asset. These increases in assets were partially offset by a $746.85 million or 15.33% decrease in investment securities and a $16.47 million or 78.34% decrease in mortgage servicing rights. Total liabilities increased $182.06 million or less than 1% from year-end 2022. This increase was due to a $516.15 million or 2.31% increase in deposits, a $17.14 million or 22.62% increase in the operating lease liability, and a $23.41 million or 12.34% increase in accrued expenses and other liabilities. Partially offsetting these increases in liabilities was a $373.16 million or 15.82% decrease in borrowings. Shareholders’ equity increased $255.05 million or 5.65%.