Accounting standard newly cited
Filing comparison
UNITED COMMUNITY BANKS INC cited accounting standard ASU 2025-08 for the first time in this filing series
On January 1, 2026, United adopted ASU 2025-08 Financial Instruments - Credit Losses (Topic 326): Purchased Loans, which expanded the population of acquired financial assets subject to the gross-up approach in Topic 326 to include purchased seasoned loans without credit deterioration, which previously only applied to PCD loans.
Evidence
- Adopted
- 2025-08
- Contexts
- On January 1, 2026, United adopted ASU 2025-08 Financial Instruments - Credit Losses (Topic 326): Purchased Loans, which expanded the population of acquired financial assets subject to the gross-up approach in Topic 326 to include purchased seasoned loans without credit deterioration, which previously only applied to PCD loans.
- New standards
- 2025-08
- Prior filed
- 2026-08-05
- Prior form
- 10-Q
- Restates existing policy
- No
- Source
- accounting standards update (ASU) reference comparison
- Why
- An accounting standard (ASU) appears in this filing that did not appear in the previous comparable one, in a sentence describing it as adopted. That is a change in what the company discloses, which is not always a change of policy in the current period: the filing may state an adoption date years earlier.