---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-056613"
form_type: "8-K"
ticker: "UBCP"
cik: "0000731653"
company_name: "UNITED BANCORP INC /OH/"
filed_at: "2023-05-05T23:59:59+00:00"
generated_at: "2026-06-15T18:36:39.301971+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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%.

## SEC filing metadata
- accession: 0001104659-23-056613
- form_type: 8-K
- ticker: UBCP
- cik: 0000731653
- company_name: UNITED BANCORP INC /OH/
- filed_at: 2023-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/731653/000110465923056613/0001104659-23-056613-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/731653/000110465923056613/tm2314773d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-056613
- JSON: https://secwatch.observer/filing/0001104659-23-056613.json
- Plain text: https://secwatch.observer/filing/0001104659-23-056613.txt

## Key facts
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/731653/000110465923056613/0001104659-23-056613-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.