2013 Q4 Form 10-K Financial Statement

#000119312515072491 Filed on March 02, 2015

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2013 Q2
Revenue $77.64M $76.71M $75.49M
YoY Change -2.55% -5.69% -6.93%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $8.453M $9.075M $9.282M
YoY Change -15.44% -19.85% -22.97%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $28.90M $32.60M $31.80M
YoY Change -7.37% 14.67% 2.72%
Income Tax $9.252M $10.43M $9.576M
% Of Pretax Income 32.01% 32.0% 30.12%
Net Earnings $19.66M $22.17M $22.22M
YoY Change -7.33% 14.67% 5.56%
Net Earnings / Revenue 25.32% 28.9% 29.43%
Basic Earnings Per Share $0.39 $0.44 $0.44
Diluted Earnings Per Share $0.39 $0.44 $0.44
COMMON SHARES
Basic Shares Outstanding 50.42M shares 50.38M shares 50.35M shares
Diluted Shares Outstanding 50.56M shares 50.47M shares 50.40M shares

Balance Sheet

Concept 2013 Q4 2013 Q3 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $416.6M $342.0M $379.0M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $69.90M $69.50M $69.84M
YoY Change -3.15% -5.33% -6.0%
Goodwill $375.5M $375.6M $375.6M
YoY Change -0.01% -0.01% 1.06%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $49.00M
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $8.735B $8.514B $8.480B
YoY Change 3.74% 1.58% 0.28%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $63.00M $64.00M $61.00M
YoY Change -13.7% 0.0% 5.17%
Deferred Revenue
YoY Change
Short-Term Debt $215.8M $191.0M $197.0M
YoY Change 0.37% -33.68% -25.66%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $63.00M $64.00M $61.00M
YoY Change -13.7% 0.0% 5.17%
LONG-TERM LIABILITIES
Long-Term Debt $199.0M $199.0M $199.0M
YoY Change 0.0% 0.51% -2.45%
Other Long-Term Liabilities $2.000M $2.000M $2.000M
YoY Change 0.0% 0.0% 0.0%
Total Long-Term Liabilities $201.0M $201.0M $201.0M
YoY Change 0.0% 0.5% -2.43%
TOTAL LIABILITIES
Total Short-Term Liabilities $63.00M $64.00M $61.00M
Total Long-Term Liabilities $201.0M $201.0M $201.0M
Total Liabilities $7.694B $7.496B $7.474B
YoY Change 3.58% 1.4% -0.02%
SHAREHOLDERS EQUITY
Retained Earnings $734.9M $731.4M $724.9M
YoY Change 3.18% 3.5% 3.12%
Common Stock $127.2M $127.2M $127.2M
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $15.01M $16.02M $17.41M
YoY Change -25.73% -20.76% -13.88%
Treasury Stock Shares 437.4K shares 466.7K shares 507.3K shares
Shareholders Equity $1.042B $1.018B $1.006B
YoY Change
Total Liabilities & Shareholders Equity $8.735B $8.514B $8.480B
YoY Change 3.74% 1.58% 0.28%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2013 Q2
OPERATING ACTIVITIES
Net Income $19.66M $22.17M $22.22M
YoY Change -7.33% 14.67% 5.56%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $35.50M $34.40M $28.30M
YoY Change -11.69% 22.42% 0.35%
INVESTING ACTIVITIES
Capital Expenditures -$2.900M -$1.600M -$900.0K
YoY Change 262.5% 33.33% -52.63%
Acquisitions
YoY Change
Other Investing Activities -$141.0M -$74.30M -$170.7M
YoY Change 161.6% -53.74% 217.88%
Cash From Investing Activities -$143.9M -$75.90M -$171.6M
YoY Change 162.59% -53.06% 208.63%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 183.0M 4.600M 159.6M
YoY Change 1676.7% -104.45% -279.12%
NET CHANGE
Cash From Operating Activities 35.50M 34.40M 28.30M
Cash From Investing Activities -143.9M -75.90M -171.6M
Cash From Financing Activities 183.0M 4.600M 159.6M
Net Change In Cash 74.60M -36.90M 16.30M
YoY Change -1834.88% -84.42% -113.99%
FREE CASH FLOW
Cash From Operating Activities $35.50M $34.40M $28.30M
Capital Expenditures -$2.900M -$1.600M -$900.0K
Free Cash Flow $38.40M $36.00M $29.20M
YoY Change -6.34% 22.87% -2.99%

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861000
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245566000
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235529000
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6.29
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50000000 shares
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0.0300 pure
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830335000
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3894000
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UNITED BANKSHARES INC/WV
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CY2014 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Estimated Range Not Possible
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United cannot reasonably estimate the amount of tax benefits it may recognize over the next 12 months
CY2014 dei Entity Filer Category
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Large Accelerated Filer
CY2014 dei Entity Voluntary Filers
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CY2014 dei Amendment Flag
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CY2014 dei Entity Central Index Key
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CY2014 dei Document Fiscal Period Focus
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CY2014 dei Entity Current Reporting Status
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8413000
CY2014 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
0
CY2014 us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
8930000
CY2014 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
14455000
CY2014 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
396461000
CY2014 us-gaap Occupancy Net
OccupancyNet
25796000
CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
17510000
CY2014 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
11577000
CY2014 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
11430000
CY2014 us-gaap Cash Dividends Paid To Parent Company By Consolidated Subsidiaries
CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries
54212000
CY2014 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Reclassifications From Nonaccretable Difference
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldReclassificationsFromNonaccretableDifference
9928000
CY2014 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3900000
CY2014 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
2160000
CY2014 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
1000
CY2014 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1761000
CY2014 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
262989000
CY2014 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-204799000
CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-14223000
CY2014 us-gaap Other Noninterest Expense
OtherNoninterestExpense
60084000
CY2014 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions Additional Credit Losses
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses
6442000
CY2014 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
20457000
CY2014 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
9878000
CY2014 us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
7513000
CY2014 us-gaap Advertising Expense
AdvertisingExpense
4759000
CY2014 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
0
CY2014 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
432000
CY2014 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
1574000
CY2014 us-gaap Federal Home Loan Bank Advances General Debt Obligations Disclosures Repayment And Penalties
FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresRepaymentAndPenalties
1971000
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
2523000
CY2014 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
14239000
CY2014 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
1134000
CY2014 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
12610000
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
3357000
CY2014 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
25241000
CY2014 us-gaap Interest Expense Deposits
InterestExpenseDeposits
27461000
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesTax
2944000
CY2014 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Including Portion Attributable To Noncontrolling Interest Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities
6478000
CY2014 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
440240000
CY2014 us-gaap Financing Receivables Impaired Troubled Debt Restructuring Write Down
FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown
22234000
CY2014 ubsi Other Than Temporarily Impaired Collateralization Ratios Median
OtherThanTemporarilyImpairedCollateralizationRatiosMedian
1.357 pure
CY2014 ubsi Consumer Credit Exposures Period Past Due Required To Classify Loans As Special Mention Maximum
ConsumerCreditExposuresPeriodPastDueRequiredToClassifyLoansAsSpecialMentionMaximum
89 days
CY2014 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
235000
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
1994000
CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
28876000
CY2014 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
6478000
CY2014 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
52804000
CY2014 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
14223000
CY2014 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
94249000
CY2014 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
93869000
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
2195000
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
4832000
CY2014 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0
CY2014 us-gaap Available For Sale Securities Gross Unrealized Loss
AvailableForSaleSecuritiesGrossUnrealizedLoss
17467000
CY2014 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
5379000
CY2014 us-gaap Dividends Common Stock
DividendsCommonStock
1133000
CY2014 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-4460000
CY2014 us-gaap Loans And Leases Receivable Related Parties Additions
LoansAndLeasesReceivableRelatedPartiesAdditions
112130000
CY2014 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
0
CY2014 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
42000
CY2014 ubsi Other Comprehensive Income Reclassification Of Unrealized Gain To Income Statement Tax Expense Benefit
OtherComprehensiveIncomeReclassificationOfUnrealizedGainToIncomeStatementTaxExpenseBenefit
1769000
CY2014 ubsi Other Comprehensive Income Accretion Accretion On Unrealized Loss For Securities Transferred From Available For Sale To Held To Maturity Tax
OtherComprehensiveIncomeAccretionAccretionOnUnrealizedLossForSecuritiesTransferredFromAvailableForSaleToHeldToMaturityTax
3000
CY2014 ubsi Other Than Temporarily Impaired Collateralization Ratios High
OtherThanTemporarilyImpairedCollateralizationRatiosHigh
2.422 pure
CY2014 ubsi Amortization Expense Related To Fair Value Adjustment Of Bank Premises
AmortizationExpenseRelatedToFairValueAdjustmentOfBankPremises
136000
CY2014 ubsi Consumer Credit Exposures Period Past Due Required To Classify Loans As Substandard
ConsumerCreditExposuresPeriodPastDueRequiredToClassifyLoansAsSubstandard
90 days
CY2014 ubsi Sensitivity Analysis Decrease In Fair Value Of Securities
SensitivityAnalysisDecreaseInFairValueOfSecurities
7600000
CY2014 ubsi Undistributed Earnings Allocated To Common Stockholders
UndistributedEarningsAllocatedToCommonStockholders
41305000
CY2014 ubsi Retail Credits Amount Deemed Unrecoverable Charged Off Period
RetailCreditsAmountDeemedUnrecoverableChargedOffPeriod
P60D
CY2014 ubsi Other Comprehensive Income Held To Maturity Securities Adjustment Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeHeldToMaturitySecuritiesAdjustmentNetOfTaxPeriodIncreaseDecrease
5000
CY2014 ubsi Other Comprehensive Income Accretion Accretion On Unrealized Loss For Securities Transferred From Available For Sale To Held To Maturity Before Tax
OtherComprehensiveIncomeAccretionAccretionOnUnrealizedLossForSecuritiesTransferredFromAvailableForSaleToHeldToMaturityBeforeTax
8000
CY2014 ubsi Number Of Directors
NumberOfDirectors
2 Directors
CY2014 ubsi Other Comprehensive Income Reclassification Adjustment For Held To Maturity Transferred From Available For Sale Securities Before Tax
OtherComprehensiveIncomeReclassificationAdjustmentForHeldToMaturityTransferredFromAvailableForSaleSecuritiesBeforeTax
0
CY2014 ubsi Amortization Of Net Periodic Pension Costs
AmortizationOfNetPeriodicPensionCosts
432000
CY2014 ubsi Maximum Time To Defer Payment Of Interest On Subordinate Debt
MaximumTimeToDeferPaymentOfInterestOnSubordinateDebt
P5Y
CY2014 ubsi Automated Teller Machine Expense
AutomatedTellerMachineExpense
6626000
CY2014 ubsi Retail Credits Charged Off Period After Discovery Of Fraud
RetailCreditsChargedOffPeriodAfterDiscoveryOfFraud
P90D
CY2014 ubsi Other Comprehensive Income Loss Reclassification Adjustment Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentBeforeTax
5056000
CY2014 ubsi Troubled Debt Restructurings Post Modification Outstanding Recorded Investment
TroubledDebtRestructuringsPostModificationOutstandingRecordedInvestment
14426000
CY2014 ubsi Proceeds From Maturities Sales And Calls Of Available For Sale Securities
ProceedsFromMaturitiesSalesAndCallsOfAvailableForSaleSecurities
534489000
CY2014 ubsi Average Pay Rate
AveragePayRate
0.0507 pure
CY2014 ubsi Unrecognized Tax Benefits Increases Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesDecreasesResultingFromPriorPeriodTaxPositions
0
CY2014 ubsi Maximum Period Related To Accrual Of Interest On Discontinued Commercial And Consumer Loans
MaximumPeriodRelatedToAccrualOfInterestOnDiscontinuedCommercialAndConsumerLoans
P120D
CY2014 ubsi Maximum Number Of Shares Of Restricted Shares Per Individual Per Year
MaximumNumberOfSharesOfRestrictedSharesPerIndividualPerYear
50000 shares
CY2014 ubsi Number Of Additional Offices On Lease From Related Parties
NumberOfAdditionalOfficesOnLeaseFromRelatedParties
3 Office
CY2014 ubsi Maximum Number Of Options And Stock Appreciation Rights Per Individual Per Year
MaximumNumberOfOptionsAndStockAppreciationRightsPerIndividualPerYear
100000 shares
CY2014 ubsi Deferred State And Federal Income Tax Expense Benefit
DeferredStateAndFederalIncomeTaxExpenseBenefit
10097000
CY2014 ubsi Other Than Temporarily Impaired Collateralization Ratios Low
OtherThanTemporarilyImpairedCollateralizationRatiosLow
0.973 pure
CY2014 ubsi Loans Receivable Gains Losses
LoansReceivableGainsLosses
7349000
CY2014 ubsi Trust Preferred Securities Percentage Of Tier One Capital
TrustPreferredSecuritiesPercentageOfTierOneCapital
0.25 pure
CY2014 ubsi Federal Income Tax Expense Applicable To Sales And Calls Of Securities
FederalIncomeTaxExpenseApplicableToSalesAndCallsOfSecurities
1178000
CY2014 ubsi Defined Benefit Plan Future Amortization Of Gain Loss Net Of Tax
DefinedBenefitPlanFutureAmortizationOfGainLossNetOfTax
3162000
CY2014 ubsi Bankcard Processing Expense
BankcardProcessingExpense
1391000
CY2014 ubsi Other Comprehensive Income Reclassification Adjustment For Held To Maturity Transferred From Available For Sale Securities Tax
OtherComprehensiveIncomeReclassificationAdjustmentForHeldToMaturityTransferredFromAvailableForSaleSecuritiesTax
0
CY2014 ubsi Distribution Of Treasury Stock For Deferred Compensation Plan
DistributionOfTreasuryStockForDeferredCompensationPlan
81000
CY2014 ubsi Troubled Debt Restructurings Number Of Contracts
TroubledDebtRestructuringsNumberOfContracts
7 Contract
CY2014 ubsi Principal Or Interest Collecting Duration
PrincipalOrInterestCollectingDuration
P90D
CY2014 ubsi Other Than Temporarily Impaired Collateralization Percentage Maximum
OtherThanTemporarilyImpairedCollateralizationPercentageMaximum
1.00 pure
CY2014 ubsi Nonrecurring Fair Value Adjustments On Loans Held For Sale
NonrecurringFairValueAdjustmentsOnLoansHeldForSale
0
CY2014 ubsi Financing Receivable Allowance And Provisions For Credit Losses
FinancingReceivableAllowanceAndProvisionsForCreditLosses
97653000
CY2014 ubsi Effective Income Tax Rate Reconciliation Before Adjustments
EffectiveIncomeTaxRateReconciliationBeforeAdjustments
0.363 pure
CY2014 ubsi Minimum Period Related To Accrual Of Interest On Discontinued Commercial And Consumer Loans
MinimumPeriodRelatedToAccrualOfInterestOnDiscontinuedCommercialAndConsumerLoans
P90D
CY2014 ubsi Other Real Estate Owned Expense
OtherRealEstateOwnedExpense
7740000
CY2014 ubsi Other Comprehensive Income Accretion On Unrealized Loss For Securities Transferred From Available For Sale To Held To Maturity After Tax
OtherComprehensiveIncomeAccretionOnUnrealizedLossForSecuritiesTransferredFromAvailableForSaleToHeldToMaturityAfterTax
5000
CY2014 ubsi Number Of Metropolitan Statistical Areas
NumberOfMetropolitanStatisticalAreas
5 Region
CY2014 ubsi Sustained Period Of Repayment Performance In Restructured Loans
SustainedPeriodOfRepaymentPerformanceInRestructuredLoans
P6M
CY2014 ubsi Minimum Collection Period For Home Equity Loan Or High Loan To Value Loan
MinimumCollectionPeriodForHomeEquityLoanOrHighLoanToValueLoan
P180D
CY2014 ubsi Distributed Earnings Allocated To Common Stock
DistributedEarningsAllocatedToCommonStock
88353000
CY2014 ubsi Financing Receivable Allowance For Credit Losses Write Offs Net
FinancingReceivableAllowanceForCreditLossesWriteOffsNet
20606000
CY2014 ubsi Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Grant Date Estimated Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateEstimatedFairValue
6.42
CY2014 ubsi Increase Decrease In Federal Funds Purchased Securities Sold Under Agreements To Repurchase And Other Short Term Borrowings Net
IncreaseDecreaseInFederalFundsPurchasedSecuritiesSoldUnderAgreementsToRepurchaseAndOtherShortTermBorrowingsNet
-258918000
CY2014 ubsi Troubled Debt Restructurings Pre Modification Outstanding Recorded Investment
TroubledDebtRestructuringsPreModificationOutstandingRecordedInvestment
14516000
CY2014 ubsi Defined Benefit Plan Future Amortization Of Prior Service Cost Credit Net Of Tax
DefinedBenefitPlanFutureAmortizationOfPriorServiceCostCreditNetOfTax
1000
CY2014 ubsi Weighted Average Assumptions Discount Rate
WeightedAverageAssumptionsDiscountRate
0.0520 pure
CY2014 ubsi Loss Allocations Calculated For Loans
LossAllocationsCalculatedForLoans
500000
CY2014 ubsi Income Tax Reconciliation Income Tax Expense Benefit Before Adjustments
IncomeTaxReconciliationIncomeTaxExpenseBenefitBeforeAdjustments
70733000
CY2014 ubsi Consumer Credit Exposures Period Past Due Required To Classify Loans As Special Mention Minimum
ConsumerCreditExposuresPeriodPastDueRequiredToClassifyLoansAsSpecialMentionMinimum
30 days
CY2014 ubsi Other Than Temporarily Impaired Collateralization Ratios Weighted Average
OtherThanTemporarilyImpairedCollateralizationRatiosWeightedAverage
1.758 pure
CY2014 ubsi Provision For Credit Losses
ProvisionForCreditLosses
21312000
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50298019 shares
CY2012 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.64
CY2012 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50265620 shares
CY2012 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
131000
CY2014 ubsi Minimum Period Required To Be Eligible For Participation In Plan
MinimumPeriodRequiredToBeEligibleForParticipationInPlan
P90D
CY2014 ubsi Bank Owned Life Insurance Cash Flow
BankOwnedLifeInsuranceCashFlow
3375000
CY2014 ubsi Other Comprehensive Income Reclassification Adjustment Net Of Tax
OtherComprehensiveIncomeReclassificationAdjustmentNetOfTax
3287000
CY2014 ubsi Other Real Estate Owned Gains Losses
OtherRealEstateOwnedGainsLosses
3307000
CY2014 ubsi Other Than Temporary Impairment Losses Gain
OtherThanTemporaryImpairmentLossesGain
-1935000
CY2014 ubsi Percentage Of Share Based Compensation Awards Vest
PercentageOfShareBasedCompensationAwardsVest
0.25 pure
CY2014 ubsi Maximum Vesting Amount Of Awards
MaximumVestingAmountOfAwards
1/3 per year
CY2014 ubsi Restructured Loans Modified By Reduction In Interest Rate And Change In Terms Amount During Period
RestructuredLoansModifiedByReductionInInterestRateAndChangeInTermsAmountDuringPeriod
5572000
CY2014 ubsi Restructured Loans Modified By Change In Terms Amount During Period
RestructuredLoansModifiedByChangeInTermsAmountDuringPeriod
8854000
CY2013 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1969000
CY2008 us-gaap Defined Contribution Plan Employers Matching Contribution Annual Vesting Percentage
DefinedContributionPlanEmployersMatchingContributionAnnualVestingPercentage
1.00 pure
CY2008 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
1.00 pure
CY2008 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.03 pure
CY2008 ubsi Second Percentage Of Salary Deferred Under Condition Two Of Contribution By Company
SecondPercentageOfSalaryDeferredUnderConditionTwoOfContributionByCompany
0.01 pure
CY2008 ubsi Percentage Of Salary Deferred Under Condition Two Of Contribution By Company
PercentageOfSalaryDeferredUnderConditionTwoOfContributionByCompany
0.25 pure
CY2012 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.0800 pure
CY2012 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.64
CY2012 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
32399 shares
CY2012 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.320 pure
CY2012 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
129439000
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
6.86
CY2012 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.005 pure
CY2012 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.24
CY2012 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.001 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
-0.034 pure
CY2012 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
1926898000
CY2012 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Tax Portion Attributable To Parent Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParentAvailableforsaleSecurities
-2582000
CY2012 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
1360000
CY2012 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
259845000
CY2012 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
277707000
CY2012 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
3524000
CY2012 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
301840000
CY2012 us-gaap Defined Benefit Plan Amounts Recognized In Other Comprehensive Income Loss Net Gain Loss Before Tax
DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeLossNetGainLossBeforeTax
-4199000
CY2012 us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
10765000
CY2012 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0
CY2012 us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
55398000
CY2012 us-gaap Payments Of Dividends
PaymentsOfDividends
62333000
CY2012 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
146966000
CY2012 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold
2671000
CY2012 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1010000
CY2012 us-gaap Noninterest Income
NoninterestIncome
64842000
CY2012 us-gaap Held To Maturity Securities Gross Gains Derivatives
HeldToMaturitySecuritiesGrossGainsDerivatives
352000
CY2012 us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
41832000
CY2012 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
298474000
CY2012 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-17264000
CY2012 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-262000
CY2012 us-gaap Fees And Commissions Credit Cards
FeesAndCommissionsCreditCards
2996000
CY2012 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
115000
CY2012 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
5120000
CY2012 us-gaap Interest Income Federal Funds Sold And Securities Purchased Under Agreements To Resell
InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell
1169000
CY2012 us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
446000
CY2012 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Portion Attributable To Parent Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParentAvailableforsaleSecurities
-7376000
CY2012 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
17862000
CY2012 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
15973000
CY2012 us-gaap Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
71402000
CY2012 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
13000
CY2012 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
2471000
CY2012 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
7999000
CY2012 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
83617000
CY2012 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
5471000
CY2012 us-gaap Increase Decrease In Interest And Dividends Receivable
IncreaseDecreaseInInterestAndDividendsReceivable
-159000
CY2012 us-gaap Income Taxes Paid
IncomeTaxesPaid
27057000
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
121481000
CY2012 us-gaap Fees And Commissions Fiduciary And Trust Activities
FeesAndCommissionsFiduciaryAndTrustActivities
15845000
CY2012 us-gaap Fees And Commissions Other
FeesAndCommissionsOther
2229000
CY2012 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
5665000
CY2012 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
12000
CY2012 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
3572000
CY2012 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesBeforeTax
5887000
CY2012 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
-6930000
CY2012 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
323897000
CY2012 us-gaap Fees And Commissions Mortgage Banking
FeesAndCommissionsMortgageBanking
2471000
CY2012 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
5039000
CY2012 us-gaap Available For Sale Securities Change In Net Unrealized Holding Gain Loss Net Of Tax
AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLossNetOfTax
3546000
CY2012 us-gaap Payments For Repurchase Of Trust Preferred Securities
PaymentsForRepurchaseOfTrustPreferredSecurities
5155000
CY2012 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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CY2012 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
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