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Long-Term Borrowings (Tables)
 12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
FHLB Advances and Related Weighted Average Interest Rates
At December 31, 2025 and 2024, FHLB advances and the related weighted-average interest rates were as follows:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
2025
 
 
2024
 
(Dollars in thousands)
  
 Amount 
 
  
Weighted-
Average
Contractual
Rate
 
 
Weighted-
Average
Effective
Rate
 
 
 Amount 
 
  
Weighted-
Average
Contractual
Rate
 
 
Weighted-
Average
Effective
Rate
 
FHLB advances
    $ 250,000        4.05 %      0.59 %    $ 260,199        4.62 %      0.63 % 
Information Related to Statutory Trusts
Information related to United’s statutory trusts is presented in the table below:
 
(Dollars in thousands)
Description
   
Issuance Date
   
Amount of
Capital
Securities
Issued
    
Stated Interest Rate
(1)
   
Maturity Date
United Statutory Trust III
    December 17, 2003    $ 20,000     3-month CME Term SOFR + 2.85%    December 17, 2033
United Statutory Trust IV
    December 19, 2003    $ 25,000     3-month CME Term SOFR + 2.85%    January 23, 2034
United Statutory Trust V
    July 12, 2007    $ 50,000     3-month CME Term SOFR + 1.55%    October 1, 2037
United Statutory Trust VI
    September 20, 2007    $ 30,000     3-month CME Term SOFR + 1.30%    December 15, 2037
Premier Statutory Trust II
    September 25, 2003    $ 6,000     3-month CME Term SOFR + 3.10%    October 8, 2033
Premier Statutory Trust III
    May 16, 2005    $ 8,000     3-month CME Term SOFR + 1.74%    June 15, 2035
Premier Statutory Trust IV
    June 20, 2006    $ 14,000     3-month CME Term SOFR + 1.55%    September 23, 2036
Premier Statutory Trust V
    December 14, 2006    $ 10,000     3-month CME Term SOFR + 1.61%    March 1, 2037
Centra Statutory Trust I
    September 20, 2004    $ 10,000     3-month CME Term SOFR + 2.29%    September 20, 2034
Centra Statutory Trust II
    June 15, 2006    $ 10,000     3-month CME Term SOFR + 1.65%    July 7, 2036
VCBI Capital Trust II
    December 19, 2002    $ 15,000     6-month CME Term SOFR + 3.30%    December 19, 2032
VCBI Capital Trust III
    December 20, 2005    $ 25,000     3-month CME Term SOFR + 1.42%    February 23, 2036
Cardinal Statutory Trust I
    July 27, 2004    $ 20,000     3-month CME Term SOFR + 2.40%    September 15, 2034
UFBC Capital Trust I
    December 30, 2004    $ 5,000     3-month CME Term SOFR + 2.10%    March 15, 2035
Carolina Financial Capital Trust I
    December 19, 2002    $ 5,000     Prime + 0.50%    December 31, 2032
Carolina Financial Capital Trust II
    November 5, 2003    $ 10,000     3-month CME Term SOFR + 3.05%    January 7, 2034
Greer Capital Trust I
    October 12, 2004    $ 6,000     3-month CME Term SOFR + 2.20%    October 18, 2034
Greer Capital Trust II
    December 28, 2006    $ 5,000     3-month CME Term SOFR + 1.73%    January 30, 2037
First South Preferred Trust I
    September 26, 2003    $ 10,000     3-month CME Term SOFR + 2.95%    September 30, 2033
BOE Statutory Trust I
    December 12, 2003    $ 4,000     3-month CME Term SOFR + 3.00%    December 12, 2033
 
  (1)
The 3-month CME Term SOFR rates have a spread adjustment of 0.26161% and the 6-month CME Term SOFR rate has a spread adjustment of 0.42826%.
Debentures and Related Weighted Average Interest Rates
At December 31, 2025 and 2024, the Debentures and their related weighted-average interest rates were as follows:
 
    
2025
    
2024
  
(Dollars in thousands)
   
Amount
     
Weighted-
Average
Rate
    
Amount
     
Weighted-
Average
Rate
  
United Statutory Trust III
     $ 20,619        6.82 %     $  20,619        7.46 % 
United Statutory Trust IV
      25,774        6.95 %      25,774        7.70 % 
United Statutory Trust V
      51,547        5.80 %      51,547        6.40 % 
United Statutory Trust VI
      30,928        5.28 %      30,928        5.92 % 
Premier Statutory Trust II
      6,186        7.27 %      6,186        8.02 % 
Premier Statutory Trust III
      8,248        5.72 %      8,248        6.95 % 
Premier Statutory Trust IV
      14,433        5.50 %      14,433        6.15 % 
Premier Statutory Trust V
      10,310        5.66 %      10,310        6.37 % 
Centra Statutory Trust I
      10,000        6.25 %      10,000        6.91 % 
Centra Statutory Trust II
      10,000        5.82 %      10,000        6.57 % 
Virginia Commerce Trust II
      13,857        7.34 %      13,627        8.31 % 
Virginia Commerce Trust III
      20,425        5.56 %      19,899        6.20 % 
Cardinal Statutory Trust I
      17,209        6.38 %      16,812        7.02 % 
UFBC Capital Trust I
      4,182        6.08 %      4,076        6.72 % 
Carolina Financial Capital Trust I
      5,058        7.25 %      5,046        8.00 % 
Carolina Financial Capital Trust II
      9,706        7.22 %      9,641        7.97 % 
Greer Capital Trust I
      5,492        6.35 %      5,419        7.09 % 
Greer Capital Trust II
      4,360        5.83 %      4,275        6.58 % 
First South Preferred Trust I
      9,656        6.90 %      9,587        7.54 % 
BOE Statutory Trust I
      3,827        6.93 %      3,794        7.59 % 
  
 
 
     
 
 
    
 
 
     
 
 
  
Total
    $ 281,817        6.19 %    $ 280,221        6.88 % 
  
 
 
     
 
 
    
 
 
     
 
 
  
Schedule of Maturities of Long-term Borrowings
At December 31, 2025, the scheduled maturities of long-term borrowings were as follows:
 
Year
   
Amount
  
(Dollars in thousands)
  
2026
     $ 250,000  
2027
      0  
2028
      0  
2029
      0  
2030
      0  
2031 and thereafter
      281,817  
  
 
 
  
Total
    $  531,817