UNITED BANCORP INC /OH/
For the period ended Dec 31, 2025. Filed Mar 18, 2026.
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FY2025 · Filed Mar 18, 2026
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EX-13 · Provision for (Reversal of) Credit Loss Expense – Loans
Provision for (Reversal of) Credit Loss Expense**–**** Loans**
The provision for (reversal of) credit losses is a charge or credit to expense recorded to maintain the related balance sheet allowance for credit losses at an amount considered adequate by Management and the Board of Directors to cover expected future credit losses in the portfolio. In 2025 the Company had a provision for credit loss expense of $674,000 as compared to a $299,000 credit release in 2024. At December 31, 2025, our total non-accrual loans were $2,266,000 or 0.46% of total loans. This level of non-accrual loans was an increase of $1.5 million over the previous year. In addition, other real estate and repossession (OREO) decreased by $823,000 year-over-year. At year-end, nonaccrual loans and OREO to total assets was a very solid.
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