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Short-Term Borrowings | 12 Months Ended
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Dec. 31, 2025
Debt Disclosure [Abstract] |
Short-Term Borrowings | NOTE K—SHORT-TERM BORROWINGS At December 31, 2025 and 2024, short-term borrowings were as follows:
|  | December 31 |
(In thousands) |  | 2025 |  |  | 2024 |
Federal funds purchased |  | $ | 0 |  |  | $ | 0 |
Securities sold under agreements to repurchase |  |  | 198,573 |  |  |  | 176,090 |
Total short-term borrowings |  | $ | 198,573 |  |  | $ | 176,090 |
Federal funds purchased and securities sold under agreements to repurchase have not been a significant source of funds for the company. United has various unused lines of credit available from certain of its correspondent banks in the aggregate amount of $280,000,000. These lines of credit, which bear interest at prevailing market rates, permit United to borrow funds in the overnight market, and are renewable annually subject to certain conditions. At December 31, 2025, all the repurchase agreements were in overnight accounts. The rates offered on these funds vary according to movements in the federal funds and short-term investment market rates. United has a $20,000,000 line of credit with an unrelated financial institution to provide for general liquidity needs. The line is an unsecured, revolving line of credit. The line is renewable on a 360 day basis and carries an indexed, floating-rate of interest. The line requires compliance with various financial and nonfinancial covenants. At December 31, 2025, United had no outstanding balance under this credit. Interest paid on short-term borrowings approximated $5,786,000, $8,063,000, and $6,390,000 in 2025, 2024 and 2023, respectively.

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- Definition The entire disclosure for short-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 470 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/470/tableOfContent + Details
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