UNITED BANCORP INC /OH/
For the period ended Sep 30, 2025. Filed Nov 12, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 12, 2025
UBCP$14.05-3.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
Nine Months Ended September 30, 2025 and 2024
(In thousands except per share data)
| | | | | | | |
|---|---|---|---|---|---|---|
| · · Nine months ended | ||||||
| · · September 30, | ||||||
| | 2025 | 2024 | ||||
| Operating Activities | | | | | | |
| Net income | | $5,717 | | $5,553 | ||
| Items not requiring (providing) cash | | | | | | |
| Depreciation and amortization | | 878 | | 802 | ||
| Amortization of intangible asset | | | 113 | | | 100 |
| Premium amortization on securities | | | 328 | | | 329 |
| Provision for credit loss expense | | 488 | | 174 | ||
| Gain on sale of loans | | (343) | | | (363) | |
| (Gain) loss on sale of available-for-sale securities | | | (144) | | | 116 |
| Expense related to share based compensation programs | | 265 | | 721 | ||
| Increase in value of bank-owned life insurance | | (303) | | (327) | ||
| Originations of loans held for sale | | | (11,255) | | | (11,337) |
| Proceeds from sale of loans held for sale | | | 11,598 | | | 11,700 |
| Amortization of debt instrument costs | | | 45 | | | 45 |
| Loss on sale or write down of foreclosed assets | | | 37 | | | 7 |
| Net change in accrued interest receivable and other assets | | 265 | | (579) | ||
| Net change in accrued expenses and other liabilities | | | 321 | | | 295 |
| | | | | | ||
| Net cash provided by operating activities | | | 8,010 | | | 7,236 |
| | | | | | | |
| Investing Activities | | | | | | |
| Purchase of available-for-sale securities | | | (20,608) | | | (44,911) |
| Sales of available-for-sale securities | | | 7,734 | | | 27,431 |
| Maturities of available-for-sale securities | | | 1,510 | | | 10,040 |
| Net change in loans | | | (5,434) | | | 8,452 |
| Purchase of Federal Home Loan Bank Stock | | | (4) | | | (47) |
| Proceeds from sales of foreclosed and fixed assets | | | 107 | | | 42 |
| Purchases of premises and equipment, net | | | (7,507) | | | (10,210) |
| | | | | | | |
| Net cash used in investing activities | | | (24,202) | | | (9,203) |
| | | | | | | |
| Financing Activities | | | | | | |
| Net change in deposits | | | 31,699 | | | (5,640) |
| Net change in securities sold under repurchase agreements | | 15,020 | | 9,342 | ||
| Repurchase of common stock | | | (129) | | | (687) |
| Cash dividends paid | | (4,354) | | | (4,040) | |
| | | | | | | |
| Net cash provided by (used in) financing activities | | 42,236 | | | (1,025) | |
| | | | | | | |
| Increase (Decrease) in Cash and Cash Equivalents | | | 26,044 | | | (2,992) |
| | | | | | | |
| Cash and Cash Equivalents, Beginning of Period | | | 19,608 | | | 40,770 |
| | | | | | | |
| Cash and Cash Equivalents, End of Period | | $45,652 | | $37,778 | ||
| | | | | | | |
| Supplemental Cash Flows Information | | | | | | |
| Federal income taxes paid | | $— | | $— | ||
| Interest paid on deposits and borrowings | | $11,316 | | $10,979 | ||
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