UNITED BANCORP INC /OH/
For the period ended Dec 31, 2025. Filed Mar 18, 2026.
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FY2025 · Filed Mar 18, 2026
UBCP$14.55+2.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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EX-13 · (In thousands)
(In thousands)
| | | | | | | |
|---|---|---|---|---|---|---|
| · · 2025 · · 2024 | ||||||
| Operating Activities · · · · | ||||||
| Net income | | $7,753 | | $7,402 | ||
| Items not requiring (providing) cash: | | | | | ||
| Depreciation and amortization | | 1,226 | | | 1,079 | |
| Provision for (reversal of) credit loss expense - loans | | 624 | | | 429 | |
| Provision for (reversal of) credit loss expense – off balance sheet | | | 50 | | | (130) |
| Amortization of premiums and discounts on securities-net | | 422 | | | 435 | |
| Amortization of intangible assets | | 122 | | | 150 | |
| Deferred income taxes | | (633) | | | (904) | |
| Originations of loans held for sale | | (16,591) | | | (15,556) | |
| Proceeds from sale of loans held for sale | | 17,092 | | | 16,038 | |
| Net gains on sales of loans | | (501) | | | (482) | |
| Expense related to share-based compensation plans | | 357 | | | 884 | |
| Realized (gain) loss on sale of available-for-sale securities | | | (841) | | | 116 |
| Net loss (gain) or on sale or write-down of foreclosed assets and other repossessed assets | | 771 | | | 7 | |
| Increase in cash surrender value of bank-owned life insurance | | (401) | | (429) | ||
| Amortization of debt issuance costs | | | 62 | | | 61 |
| Changes in: | | | | | ||
| Accrued interest receivable | | 370 | | | (254) | |
| Other assets | | (349) | | | (2,154) | |
| Interest payable and other liabilities | | 923 | | | 1,756 | |
| Net cash provided by operating activities | | 10,456 | | 8,448 | ||
| Investing Activities | | | | | ||
| Purchases of available-for-sale securities | | (35,934) | | | (46,120) | |
| Sales of available-for-sale securities | | 48,521 | | | 27,431 | |
| Maturities, prepayments and calls | | 5,715 | | | 17,060 | |
| Net change in loans | | (491) | | | (8,155) | |
| Purchase of Federal Home Loan Bank Stock | | | (4) | | | (47) |
| Purchase of bank-owned life insurance | | | (10,667) | | | — |
| Purchases of premises and equipment, net | | (11,778) | | | (9,695) | |
| Proceeds from sale of premises and equipment | | 56 | | | — | |
| Proceeds from sales of foreclosed assets | | 67 | | | 61 | |
| Net cash used in investing activities | | (4,515) | | | (19,465) | |
| | |
| 34 | |
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