United Community Financial Corp.


United Community Financial Corp., incorporated on February 2, 1998, is financial services holding company. The Company’s subsidiaries include The Home Savings and Loan Company of Youngstown, Ohio (Home Savings or the Bank), HSB Insurance, LLC and HSB Capital, LLC. The principal business of Home Savings is the origination of mortgage loans, including construction loans, on residential and nonresidential real estate located in Home Savings’ primary market area, which consists of Ashland, Columbiana, Cuyahoga, Erie, Franklin, Geauga, Huron, Lake, Lucas, Mahoning, Portage, Richland, Stark, Summit and Trumbull Counties in Ohio, Allegheny and Beaver Counties in Pennsylvania and Monongalia County in West Virginia. In addition to real estate lending, Home Savings originates commercial loans and various types of consumer loans.

Home Savings invests in various financial instruments. Funds for lending and other investment activities are obtained primarily from retail deposits. Home Savings also provides consumer and business banking service to its market area in Ohio, western Pennsylvania and West Virginia. As of December 31, 2016, Home Savings was doing business through 31 full service banking branches and 12 loan production centers. HSB Insurance, LLC is an insurance agency that offers a range of insurance products for business and residential customers, which include, auto, homeowners, life-health, commercial, surety bonds and aviation. HSB Capital, LLC provides mezzanine funding for customers. Mezzanine loans are offered to customers in United Community’s market area.

Lending Activities

Home Savings’ principal lending activity is the origination of conventional residential real estate loans commercial real estate loans, commercial and industrial loans, and various types of consumer loans, including home equity loans, loans secured by savings accounts, motor vehicles, boats and recreational vehicles and unsecured loans, principally performed in Home Savings’ market area. Home Savings originates loans secured by multifamily properties that contain more than four units. As of December 31, 2016, loans secured by multifamily properties totaled approximately $93.6 million. Home Savings originates loans secured by nonresidential real estate, such as retail centers, office buildings and industrial buildings. As of December 31, 2016, approximately $231.4 million of Home Savings’ total loans, were secured by mortgages on nonresidential real estate. As of December 31, 2016, New originations in this loan category totaled $107.7 million.

Bank NameUnited Community Financial Corp.
Stock ExchangeLSE
SymbolUCFC
SectorFinancials
IndustryBanks
CountryUnited States
World Region"North America "
Chairman
CEOMr. Gary M. Small
Employees503
Websiteucfconline.com
Registered Year1889

  2017 2016 2015
  € m € m € m
Revenue
Total interest income 93 70 65
Total Interest Expenses 13 8 9
Net Interest income 79 62 56
Total Net Revenue
       
Earnings per share      
Basic 0.44 0.4 0.34
Diluted 0.44 0.4 0.34
       
Assets      
Total current assets
Other assets 90,848 89,043 84,236
Total assets 26,49,905 21,91,345 19,87,989
Total current liabilities
Total liabilities 23,55,64 19,41,539 17,43,744
Total Equity 2,94,265 2,49,806 2,44,245
       
Net income 21,785 18,828 16,282
Net cash provided by operating activities 50 9 14
Net cash used for investment activities 148 177 148
Net cash provided by financing activities 99 179 137
       
       
Source: http://www.ucfconline.com      
Currency in EUR, All numbers in million.      

United States
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