UNITED BANCORP INC /OH/
For the period ended Dec 31, 2024. Filed Mar 14, 2025.
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FY2024 · Filed Mar 14, 2025
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, except share data)
(In thousands, except share data)
| | | | | | | |
|---|---|---|---|---|---|---|
| | 2024 | 2023 | ||||
| Assets | | | | | | |
| Cash and due from banks | | $8,171 | | $7,352 | ||
| Interest-bearing demand deposits | | 11,437 | | | 33,418 | |
| Cash and cash equivalents | | 19,608 | | | 40,770 | |
| | | | | | ||
| Available-for-sale securities, amortized cost of $252,761 and $251,683 at December 31, 2024 and 2023 | | 240,631 | | 242,760 | ||
| Loans, net of allowance for credit losses of $4,026 and $3,918 at December 31, 2024 and 2023, respectively | | 486,945 | | | 479,318 | |
| Premises and equipment | | 23,599 | | | 14,984 | |
| Federal Home Loan Bank stock | | 4,026 | | | 3,979 | |
| Foreclosed assets held for sale, net | | 3,363 | | | 3,377 | |
| Core deposit intangible assets | | 122 | | | 260 | |
| Goodwill | | 682 | | | 682 | |
| Accrued interest receivable | | 4,322 | | | 4,098 | |
| Deferred federal income tax | | 4,011 | | | 2,409 | |
| Bank-owned life insurance | | 19,852 | | | 19,423 | |
| Other assets | | | 9,495 | | | 7,389 |
| Total Assets | | $816,656 | | $819,449 | ||
| Liabilities and Stockholders’ Equity | | | ||||
| Liabilities | | | ||||
| Deposits | | | | | | |
| Demand | | $320,690 | | $339,280 | ||
| Savings | | 125,120 | | | 130,821 | |
| Time | | 167,684 | | | 151,358 | |
| Total deposits | | 613,494 | | | 621,459 | |
| Securities sold under repurchase agreements | | 30,494 | | | 26,781 | |
| Subordinated debentures | | 23,847 | | | 23,787 | |
| Advances Federal Home Loan Bank | | | 75,000 | | | 75,000 |
| Lease liability – finance lease | | | 2,873 | | | 2,764 |
| Interest payable and other liabilities | | 7,491 | | | 6,065 | |
| Total liabilities | | 753,199 | | 755,856 | ||
| Stockholders’ Equity | | | | | ||
| Preferred stock, no par value, authorized 2,000,000 shares; no shares issued | | –– | | | –– | |
| Common stock, $1 par value; authorized 10,000,000 shares; issued 2024 – 6,203,141 shares, 2023 - 6,063,851 shares; outstanding 2024 – 5,793,611 shares, 2023 – 5,702,685 shares | | 6,203 | | | 6,064 | |
| Additional paid-in capital | | 26,373 | | | 25,913 | |
| Retained earnings | | 46,307 | | | 44,018 | |
| Stock held by deferred compensation plan; 2024 – 172,667 shares, 2023 – 181,803 shares | | (2,078) | | | (2,363) | |
| Accumulated other comprehensive loss | | (10,100) | | (7,478) | ||
| Treasury stock, at cost 2024 – 236,863 shares, 2023 – 179,363 shares | | (3,248) | | | (2,561) | |
| Total stockholders’ equity | | 63,457 | | | 63,593 | |
| Total liabilities and stockholders’ equity | | $816,656 | | $819,449 | ||
| | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.