United Bancorp Q1 EPS $0.33 (+10% YoY); net interest margin expands to 3.75%

UNITED BANCORP INC /OH/

2023-Q1 EPS reported $0.33

Net income $1.889M vs $1.751M YoY; diluted EPS $0.33 vs $0.30.
Net interest income up 16.6%; net interest margin 3.75% (+30bps YoY).
Total assets $847.5M (+15.6% YoY); deposits $653.4M (+6.7%).
Nonaccrual/past-due loans $529k (0.11% of gross loans), down 87% YoY.
Regular dividend $0.1625 plus special $0.15; forward yield 5.52%.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

UNITED BANCORP INC /OH/ reported three months ended March 31, 2023 results: net income $1,889,000, EPS $0.33.

Period: three months ended March 31, 2023
Net income: $1,889,000
EPS: $0.33
Result: reported results

Exact text from the filing

United Bancorp, Inc. (NASDAQ: UBCP) reported diluted earnings per share of $0.33 and net income of $1,889,000 for the three months ended March 31, 2023.

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Source: SEC EDGAR

accession 0001104659-23-056613

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