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Get filing alertsUnited Community Banks closes Peach State acquisition, adds $784M in assets
Filed August 3, 2026 · Period ending August 3, 2026 · ~1 min read
Key Changes
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Completed merger with Peach State Bancshares effective August 1, 2026, adding $784M in assets, $524M in loans, and $707M in deposits to United's balance sheet.
Item 8.01 — Other Events verify on EDGAR → -
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Acquisition deepens presence in Hall County, Georgia (northeast of Atlanta) through two branches in Gainesville and Braselton, expanding United's footprint in a fast-growing market.
Exhibit 99.1 view on EDGAR → -
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Peach State Bank will operate under the United Community brand following systems conversion expected in Q1 2027; experienced management team led by CEO Ron Quinn joins United.
Exhibit 99.1 view on EDGAR →
Summary
United Community Banks completed its acquisition of Peach State Bancshares on August 1, 2026, adding $784 million in assets, $524 million in loans, and $707 million in deposits. The transaction brings two branches in Hall County, Georgia—a fast-growing market approximately 50 miles northeast of Atlanta—and an experienced management team led by Peach State CEO Ron Quinn. The acquired bank, founded in 2005, will operate under the United Community brand after systems conversion in Q1 2027.
For United shareholders, the deal represents a modest but strategic expansion. The acquired assets add approximately 2.7% to United's $29.1 billion balance sheet and deepen the company's presence in a high-growth Georgia market. The acquisition is consistent with United's regional banking strategy and should contribute to loan and deposit growth in 2027 once integration is complete.
Section-by-Section Diff
Event · Item 8.01 — Other Events
United Community Banks closed its acquisition of Peach State Bancshares and Peach State Bank & Trust on August 3, 2026.
Added in current filing · verify on EDGAR →
On August 3, 2026, United Community Banks, Inc., a Georgia corporation (“United” or the “Company”) issued a press release (the “Press Release”) announcing the closing of its previously announced acquisition of Peach State Bancshares, Inc. and its wholly-owned subsidiary, Peach State Bank & Trust.
United Community Banks completed its acquisition of Peach State Bancshares and its subsidiary Peach State Bank & Trust. The transaction, which had been previously announced, closed on August 3, 2026. This expands United's franchise and deposit base through the addition of Peach State's banking operations.
Event · Exhibit 99.1
Added in current filing · view on EDGAR →
United Community Banks, Inc. (NYSE: UCB) (“United”) completed its merger with Peach State Bancshares, Inc. (“Peach State”) effective August 1, 2026 whereby Peach State merged with and into United with United continuing as the surviving company (the “Merger”). Immediately following the Merger, Peach State’s wholly-owned subsidiary, Peach State Bank & Trust (“Peach State Bank”), was merged with and into United’s wholly-owned bank subsidiary, United Community Bank (“United Community”).
United Community Banks completed its acquisition of Peach State Bancshares on August 1, 2026. Peach State merged into United, and Peach State Bank merged into United Community Bank. The acquired bank will operate under the United Community brand after systems conversion expected in Q1 2027.
Added in current filing · view on EDGAR →
Peach State Bank is headquartered in Gainesville, Georgia, a fast-growing city in Hall County, located approximately fifty miles northeast of Atlanta. Founded in 2005, Peach State Bank has been built on a foundation of exceptional customer service and community commitment. It is an established and respected franchise with an experienced management team led by President and Chief Executive Officer Ron Quinn. Peach State Bank’s high-touch, personalized approach to customer service is delivered to retail and business customers across two locations in Hall County, with branches in Gainesville and Braselton.
The acquisition adds two branches in Hall County, Georgia (Gainesville and Braselton), deepening United's presence in a fast-growing market approximately 50 miles northeast of Atlanta. Peach State Bank, founded in 2005, brings an established franchise with experienced management led by CEO Ron Quinn.
Show 1 minor / wording change
Added in current filing · view on EDGAR →
As of June 30, 2026, United Community Banks, Inc. had $29.1 billion in assets and operated 200 offices across Alabama, Florida, Georgia, North Carolina, South Carolina and Tennessee.
United Community Banks had $29.1 billion in assets and 200 offices as of June 30, 2026. The Peach State acquisition adds approximately 2.7% to total assets and expands the branch network in Georgia.
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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 4, 2026 · How we verify