Skip to main content
Midas Edge

UNITED BANCORP INC /OH/

For the period ended Jun 30, 2025. Filed Aug 14, 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.

Jun 30, 2025 · Filed Aug 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.

See the whole filing, with its images and exhibits
Contents

Condensed Consolidated Statements of Income

Three Months and Six Months Ended June 30, 2025 and 2024

(In thousands, except per share data)

​​​​​​​​​​​​​
​ · Three months ended June 30, · Six months ended June 30,
​2025202420252024
Interest and Dividend Income​​​​​​​​​​​​
Loans, including fees​$7,680​$6,986​$15,007​$13,748
Taxable​​388​​513​​775​​1,073
Non-taxable​​1,858​​1,847​​3,754​​3,561
Federal funds sold​​395​​438​​533​​925
Dividends on Federal Home Loan Bank stock and other stock​​90​​94​​184​​192
Total interest and dividend income​​10,411​​9,878​​20,253​​19,499
Interest expense​​​​​​​​​​​​
Deposits​​2,188​​2,022​​4,203​​3,984
Borrowings​​1,628​​1,654​​3,208​​3,198
Total interest expense​​3,816​​3,676​​7,411​​7,182
Net Interest Income​​6,595​​6,202​​12,842​​12,317
Credit Loss Expense​​​​​​​​​​​​
Provision for credit loss expense - loans​​206​​234​​302​​234
Reversal of credit loss expense - off balance sheet commitments​​—​​(130)​​—​​(130)
Provision for Credit Loss Expense​​206​​104​​302​​104
Net interest income after credit for credit losses​​6,389​​6,098​​12,540​​12,213
Noninterest Income​​​​​​​​​​​​
Service charges on deposit accounts​​801​​717​​1,534​​1,420
Realized gains (losses) on sale of available-for-sale securities​​—​​78​​144​​(116)
Realized gains on sales of loans​​141​​118​​225​​195
Earnings on bank-owned life insurance​​187​​188​​380​​385
Other income​​261​​83​​388​​166
Total noninterest income​​1,390​​1,184​​2,671​​2,050
Noninterest expense​​​​​​​​​​​​
Salaries and employee benefits​​2,869​​2,675​​5,706​​4,462
Occupancy and Equipment​​620​​542​​1,250​​1,166
Professional services​​508​​457​​850​​1,067
Data processing and related electronic services​​409​​431​​775​​814
FDIC Insurance​​94​​157​​188​​307
Insurance​​159​​108​​321​​216
Franchise and other taxes​​127​​145​​272​​293
Advertising​​130​​124​​260​​237
Stationery and office supplies​​38​​30​​69​​56
Amortization of intangibles​​38​​38​​75​​75
Other expenses​​851​​963​​1,663​​1,814
Total noninterest expense​​5,843​​5,670​​11,429​​10,507
Income Before Federal Income Taxes​​1,936​​1,612​​3,782​​3,756
Provision (Benefit) for Federal Income Taxes​​22​​(127)​​(4)​​24
Net Income​$1,914​$1,739​$3,786​$3,732
Basic Earnings Per Share​$0.33​$0.30​$0.65​$0.65
Diluted Earnings Per Share​$0.33​$0.30​$0.65​$0.65
Dividends Per Share​$0.1850​$0.1750​$0.5425​$0.4975
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.