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This document outlines the Annual Report for United Bancorporation of Alabama as of December 31, 2022, including required disclosures about the organization and its branches.
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FR Y-6 is a report that bank holding companies and certain other financial institutions file with the Federal Reserve to provide information on their organizational structure and ownership.
Bank holding companies with total consolidated assets of $500 million or more are required to file the FR Y-6.
To fill out the FR Y-6, institutions need to provide information about their organizational structure, including reports on affiliates, shareholders, and the company's financial condition, adhering to the guidelines provided by the Federal Reserve.
The purpose of the FR Y-6 is to collect information that helps the Federal Reserve assess the employment of financial institutions and the adequacy of their capital and resources.
The FR Y-6 requires information about the reporting institution's structure, shareholder information, and annual financial highlights.
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