secwatch.observer — SEC 8-K summary
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Issuer:     UNITED BANCORP INC /OH/ (UBCP)
CIK:        0000731653
Form:       8-K
Filed at:   2023-07-31T23:59:59+00:00
Accession:  0001104659-23-085768
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/731653/000110465923085768/0001104659-23-085768-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/731653/000110465923085768/tm2322441d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-085768

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