Atlantic Union Bankshares Corporation Annual report [Section 13 and 15(d), not S-K Item 405]

Annual report [Section 13 and 15(d), not S-K Item 405]

COMMITMENTS AND CONTINGENCIES (Tables)

COMMITMENTS AND CONTINGENCIES (Tables)

12 Months Ended

Dec. 31, 2025

Commitments and Contingencies Disclosure [Abstract]

Balances of Commitments and Contingencies

The following table presents the balances of commitments and contingencies as of December 31, (dollars in thousands):


		2025			2024
Commitments with off-balance sheet risk:
Commitments to extend credit ⁽¹⁾		$	9,733,175		$	5,987,562
Letters of credit			224,068			145,985
Total commitments with off-balance sheet risk		$	9,957,243		$	6,133,547

⁽¹⁾Includes unfunded overdraft protection.

Schedule of Pledged Assets, Not Separately Reported on Statement of Financial Position

Pledged Assets 2025

 

AFS

 

HTM

 

Cash

Securities ⁽¹⁾

Loans

Total

Public deposits

—

1,249,969

607,061

—

1,857,030

Repurchase agreements

—

203,404

—

203,404

FHLB advances ⁽²⁾

—

518,895

9,486

8,832,269

9,360,650

Derivatives

120,697

64,037

—

184,734

Federal Reserve Discount Window ⁽³⁾

—

3,363,761

Other purposes

—

63,924

—

63,924

Total pledged assets

120,697

2,100,229

616,547

12,196,030

15,033,503

⁽¹⁾Balance represents market value.

⁽²⁾The loan balance pledged to FHLB represents unpaid principal balance.

⁽³⁾The loan balance pledged to Federal Reserve Discount Window represents unpaid principal balance.


		Pledged Assets 2024
					AFS			HTM
		Cash			Securities ⁽¹⁾			Securities ⁽¹⁾			Loans			Total
Public deposits		$	—		$	771,486		$	601,421		$	—		$	1,372,907
Repurchase agreements			—			93,667			—			—			93,667
FHLB advances ⁽²⁾			—			579,947			9,417			4,089,049			4,678,413
Derivatives			134,668			62,199			—			—			196,867
Federal Reserve Discount Window ⁽³⁾			—			—			—			4,358,701			4,358,701
Other purposes			—			18,713			—			—			18,713
Total pledged assets		$	134,668		$	1,526,012		$	610,838		$	8,447,750		$	10,719,268

⁽¹⁾Balance represents market value.

⁽²⁾The loan balance pledged to FHLB represents unpaid principal balance.

⁽³⁾The loan balance pledged to Federal Reserve Discount Window represents unpaid principal balance.