UNITED BANCORP INC OH
For the period ended Mar 31, 2025. Filed May 14, 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.
Mar 31, 2025 · Filed May 14, 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 Income
(In thousands, except per share data)
| | | | | | | |
|---|---|---|---|---|---|---|
| | 2025 | 2024 | ||||
| Interest and Dividend Income | | | | | | |
| Loans, including fees | | $7,327 | | $6,762 | ||
| Securities: | | | | | | |
| Taxable | | | 387 | | | 560 |
| Non-taxable | | | 1,896 | | | 1,714 |
| Federal funds sold | | | 138 | | | 487 |
| Dividends on Federal Home Loan Bank and other stock | | | 94 | | | 98 |
| Total interest and dividend income | | | 9,842 | | | 9,621 |
| Interest Expense | | | | | | |
| Deposits | | | 2,015 | | | 1,962 |
| Borrowings | | | 1,580 | | | 1,544 |
| Total interest expense | | | 3,595 | | | 3,506 |
| Net Interest Income | | | 6,247 | | | 6,115 |
| Credit Loss Expense | | | | | | |
| Provision for credit loss expense - loans | | | 96 | | | — |
| Provision for credit loss expense - off balance sheet commitments | | | — | | | — |
| Provision for Credit Loss Expense | | | 96 | | | — |
| Net Interest Income After Provision for Credit Losses | | | 6,151 | | | 6,115 |
| Noninterest Income | | | | | | |
| Service charges on deposit accounts | | | 733 | | | 703 |
| Realized gain (loss) on sale of available-for-sale securities | | | 143 | | | (194) |
| Realized gains on sales of loans | | | 84 | | | 77 |
| Earnings on bank-owned life insurance | | | 193 | | | 197 |
| Other income | | | 128 | | | 83 |
| Total noninterest income | | | 1,281 | | | 866 |
| Noninterest Expense | | | | | | |
| Salaries and employee benefits | | | 2,837 | | | 1,787 |
| Occupancy and equipment | | | 630 | | | 624 |
| Professional services | | | 342 | | | 610 |
| Data processing and related electronic services | | | 366 | | | 383 |
| FDIC insurance | | | 94 | | | 108 |
| Insurance | | | 162 | | | 150 |
| Franchise and other taxes | | | 145 | | | 148 |
| Advertising | | | 130 | | | 113 |
| Stationery and office supplies | | | 31 | | | 26 |
| Amortization of intangibles | | | 37 | | | 38 |
| Other expenses | | | 812 | | | 851 |
| Total noninterest expense | | | 5,586 | | | 4,838 |
| Income Before Federal Income Taxes | | | 1,846 | | | 2,143 |
| (Benefit) provision for Federal Income Taxes | | | (26) | | | 150 |
| Net Income | | $1,872 | | $1,993 | ||
| Basic Earnings Per Share | | $0.32 | | $0.35 | ||
| Diluted Earnings Per Share | | $0.32 | | $0.35 | ||
| Dividends Per Share (including special dividend of $0.175 in March 2025 and $0.15 in March 2024) | | $0.3575 | | $0.3225 | ||
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