secwatch.observer — SEC 8-K summary
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Issuer:     UNITED BANCORP INC /OH/ (UBCP)
CIK:        0000731653
Form:       8-K
Filed at:   2023-01-27T23:59:59+00:00
Accession:  0001104659-23-007277
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

United Bancorp Q4 2022 EPS $0.40, down $0.01 YoY; FY EPS $1.50, down $0.12
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- Net income Q4 2022 $2.306M ($0.40 diluted EPS) vs $2.456M ($0.41) in Q4 2021.
- Full-year 2022 net income $8.657M ($1.50 diluted EPS), second highest in company history.
- Net interest margin expanded 19 bps to 3.67%; net interest income up 10.3% for the year.
- Total assets grew 4.6% to $757.4M; deposits up 7.4% to $649.9M; non-accrual loans only 0.04% of loans.
- Book value declined due to $9.3M AOCI loss; well-capitalized with equity/assets of 7.9%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/731653/000110465923007277/0001104659-23-007277-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/731653/000110465923007277/tm234572d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-007277

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