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Midas Edge

UNITED BANCORP INC /OH/

For the period ended Sep 30, 2025. Filed Nov 12, 2025.

View on SEC.gov

About this filing

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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Contents

Condensed Consolidated Statements of Income

(In thousands, except per share data)

​​​​​​​​​​​​​
​ · Three months ended September 30, · Nine months ended September 30,
​2025202420252024
Interest and Dividend Income​​​​​​​​​​​​
Loans, including fees​$7,760​$7,232​$22,767​$20,980
Taxable​​388​​484​​1,163​​1,557
Non-taxable​​1,957​​1,878​​5,711​​5,439
Federal funds sold​​439​​254​​972​​1,179
Dividends on Federal Home Loan Bank stock and other stock​​91​​96​​275​​288
Total interest and dividend income​​10,635​​9,944​​30,888​​29,443
Interest expense​​​​​​​​​​​​
Deposits​​2,260​​2,081​​7,776​​6,065
Borrowings​​1,646​​1,724​​3,541​​4,922
Total interest expense​​3,906​​3,805​​11,317​​10,987
Net Interest Income​​6,729​​6,139​​19,571​​18,456
Credit Loss Expense​​​​​​​​​​​​
Provision for credit loss expense - loans​​186​​69​​488​​304
Reversal of credit loss expense - off balance sheet commitments​​—​​—​​—​​(130)
Provision for Credit Loss Expense​​186​​69​​488​​174
Net interest income after provision for credit losses​​6,543​​6,070​​19,083​​18,282
Noninterest Income​​​​​​​​​​​​
Service charges on deposit accounts​​857​​767​​2,391​​2,187
Realized gains (losses) on sale of available-for-sale securities​​—​​—​​144​​(116)
Realized gains on sales of loans​​118​​168​​343​​363
Earnings on bank-owned life insurance​​192​​189​​572​​574
Other income​​181​​91​​569​​257
Total noninterest income​​1,348​​1,215​​4,019​​3,265
Noninterest expense​​​​​​​​​​​​
Salaries and employee benefits​​3,049​​2,757​​8,755​​7,219
Occupancy and Equipment​​639​​573​​1,889​​1,739
Professional services​​449​​398​​1,299​​1,465
Data processing and related electronic services​​426​​396​​1,201​​1,210
FDIC Insurance​​94​​108​​282​​324
Insurance​​168​​157​​489​​464
Franchise and other taxes​​145​​148​​417​​441
Advertising​​138​​124​​398​​361
Stationery and office supplies​​23​​30​​92​​86
Amortization of intangibles​​38​​38​​113​​113
Other expenses​​811​​800​​2,474​​2,613
Total noninterest expense​​5,980​​5,529​​17,409​​16,035
Income Before Federal Income Taxes​​1,911​​1,756​​5,693​​5,512
Provision (Benefit) for Federal Income Taxes​​(20)​​(64)​​(24)​​(41)
Net Income​$1,931​$1,820​$5,717​$5,553
Basic Earnings Per Share​$0.34​$0.31​$0.99​$0.95
Diluted Earnings Per Share​$0.34​$0.31​$0.99​$0.95
Dividends Per Share​$0.1875​$0.1775​$0.730​$0.6750
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.