UNITED COMMUNITY BANKS, INC. (NASDAQ:UCBI) Files An 8-K Results of Operations and Financial Condition

Item 2.02

On April 26, 2017, United Community Banks, Inc. (the Registrant)
issued a news release announcing its financial results for the
quarter ended March 31, 2017 (the News Release). The News
Release, including financial schedules, is attached as Exhibit
99.1 to this Current Report on Form 8-K and is incorporated
herein by reference. In connection with issuing the News Release,
on April 26, 2017 at 11:00 a.m. ET, the Registrant intends to
hold a conference call/webcast to discuss the News Release. In
addition to the News Release, during the conference call the
Registrant intends to discuss certain financial information
contained in the First Quarter 2017 Investor Presentation (the
Investor Presentation), which will be posted to the Registrants
website at www.ucbi.com. The Investor Presentation is attached as
Exhibit 99.2 to this Current Report on Form 8-K and is
incorporated herein by reference.

The presentation of the Registrants financial results includes
financial information determined by methods other than in
accordance with generally accepted accounting principles, or
GAAP. This financial information includes certain operating
performance measures, which exclude merger-related and other
charges that are not considered part of recurring operations,
such as operating net income, operating net income available to
common shareholders, operating earnings per share, operating
diluted earnings per share, tangible book value per share,
operating return on common equity, operating return on tangible
common equity, operating return on assets, operating efficiency
ratio, operating expenses, tangible common equity to
risk-weighted assets, and average tangible equity to average
assets. In addition, management has included the presentation of
pre-tax, pre-credit earnings, which excludes the provision for
credit losses, income taxes and merger-related and other charges.
Management has included these non-GAAP measures because it
believes they may provide useful supplemental information for
evaluating the Registrants underlying performance trends.
Further, management uses these measures in managing and
evaluating the Registrants business and intends to refer to them
in discussions about the Registrants operations and performance.

Operating performance measures should be viewed in addition to,
and not as an alternative to or substitute for, measures
determined in accordance with GAAP, and are not necessarily
comparable to non-GAAP measures that may be presented by other
companies. To the extent applicable, reconciliations of these
non-GAAP measures to the most directly comparable measures as
reported in accordance with GAAP are included in the News Release
and the Investor Presentation attached as Exhibit 99.1 and
Exhibit 99.2, respectively, to this Current Report on Form 8-K.

About UNITED COMMUNITY BANKS, INC. (NASDAQ:UCBI)

United Community Banks, Inc. is a bank holding company. The Company’s principal business is conducted by its subsidiary, United Community Bank (the Bank). The Bank is a chartered commercial bank that serves markets throughout north Georgia, coastal Georgia, the Atlanta-Sandy Springs-Roswell, Georgia and Gainesville, Georgia metropolitan statistical areas, western North Carolina, upstate South Carolina and east Tennessee. The Bank provides a full range of banking services. The Bank, through its full-service retail mortgage lending division, United Community Mortgage Services (UCMS), is approved as a seller/servicer for the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), and provides fixed and adjustable-rate home mortgages. The Bank owns an insurance agency, United Community Insurance Services, Inc. (UCIS), known as United Community Advisory Services, which is a subsidiary of the Bank.

UNITED COMMUNITY BANKS, INC. (NASDAQ:UCBI) Recent Trading Information

UNITED COMMUNITY BANKS, INC. (NASDAQ:UCBI) closed its last trading session 00.00 at 27.84 with 301,845 shares trading hands.