United Bankshares reports earnings increase - WBOY.com: Clarksburg, Morgantown: News, Sports, Weather

United Bankshares reports earnings increase

Posted: Updated:
  • BusinessBusinessMore>>

  • City-wide scavenger hunt in Wheeling

    City-wide scavenger hunt in Wheeling

    Sunday, April 20 2014 2:00 PM EDT2014-04-20 18:00:09 GMT
    A new fundraising event in the Upper Ohio Valley to raise funds for Youth Services System is in the works for June 21 in downtown Wheeling.
    A new fundraising event in the Upper Ohio Valley to raise funds for Youth Services System is in the works for June 21 in downtown Wheeling.
  • Barboursville plans to grow its recreation opportunities

    Barboursville plans to grow its recreation opportunities

    Sunday, April 20 2014 1:00 PM EDT2014-04-20 17:00:13 GMT
    Commercial growth in Barboursville has allowed for improved services, and now village officials plan to build on the village's role in recreational opportunities in the region.
    Commercial growth in Barboursville has allowed for improved services, and now village officials plan to build on the village's role in recreational opportunities in the region.
  • University of Charleston students take time to give back

    University of Charleston students take time to give back

    Sunday, April 20 2014 8:00 AM EDT2014-04-20 12:00:16 GMT
    At the University of Charleston, Enactus team members Sa Le, Adam DeBriae, Marc Jn-louis, Jordan Wallace and Rhys Batt do much more than merely keep up with their course loads.
    At the University of Charleston, Enactus team members Sa Le, Adam DeBriae, Marc Jn-louis, Jordan Wallace and Rhys Batt do much more than merely keep up with their course loads.

United Bankshares reported second-quarter net income of $22.2 million on July 18, up from $21.0 million in the second quarter of 2012.

First-half net income was $43.8 million, up from $42.1 million a year ago.

Assets at the end of the quarter totaled $8.36 billion, up from $8.48 billion a year ago.

On Jan. 30, United announced an agreement to acquire Virginia Commerce Bancorp of Arlington, Va. VCBI has 28 banking offices, one residential mortgage origination office and one wealth management office located in the Northern Virginia suburbs of Washington, D.C.

United currently has 115 full service offices in West Virginia, Virginia, Maryland, Ohio, Pennsylvania and Washington, D.C.