---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-085768"
form_type: "8-K"
ticker: "UBCP"
cik: "0000731653"
company_name: "UNITED BANCORP INC /OH/"
filed_at: "2023-07-31T23:59:59+00:00"
generated_at: "2026-06-12T22:30:52.242539+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# UBCP Q2 EPS $0.40, H1 EPS $0.73 (+4.3%); net interest income +11.23% H1

## Summary
- Q2 diluted EPS $0.40, net income $2.28M; H1 diluted EPS $0.73 (+4.3%), net income $4.168M (+3.0%).
- Net interest income increased 11.23% in H1; net interest margin 3.58% at June 30, 2023.
- Credit quality: nonaccrual and past due 30+ days loans $685K (0.15% of gross loans), down 85% YoY.
- Regular quarterly dividend raised to $0.165 (+6.5% YoY); YTD total dividend $0.4775 with special $0.15; dividend yield 6.8%.
- Total assets $830.3M, equity $58.4M; equity-to-assets 7.0%; AOCI loss $9.7M.

## SEC filing metadata
- accession: 0001104659-23-085768
- form_type: 8-K
- ticker: UBCP
- cik: 0000731653
- company_name: UNITED BANCORP INC /OH/
- filed_at: 2023-07-31T23:59:59+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/731653/000110465923085768/0001104659-23-085768-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/731653/000110465923085768/tm2322441d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-085768
- JSON: https://secwatch.observer/filing/0001104659-23-085768.json
- Plain text: https://secwatch.observer/filing/0001104659-23-085768.txt

## Key facts
- Earnings Releases
  UNITED BANCORP INC /OH/ reported six months ended June 30, 2023 results: net income $4,168,000, EPS $0.73.
  - Period: six months ended June 30, 2023
  - Net income: $4,168,000
  - EPS: $0.73
  - Result: reported results
  source text: reported diluted earnings per share of $0.73, an increase of 4.3%, and net income of $4,168,000, an increase of 3.0%, over the previous year
  evidence_url: https://www.sec.gov/Archives/edgar/data/731653/000110465923085768/0001104659-23-085768-index.htm
- Earnings Releases
  UNITED BANCORP INC /OH/ reported three months ended June 30, 2023 results: net income $2,280,000, EPS $0.40.
  - Period: three months ended June 30, 2023
  - Net income: $2,280,000
  - EPS: $0.40
  - Result: reported results
  source text: reported diluted earnings per share of $0.40 and net income of $2,280,000 for the three months ended June 30, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/731653/000110465923085768/0001104659-23-085768-index.htm

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