---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-113315"
form_type: "8-K"
ticker: "UBCP"
cik: "0000731653"
company_name: "UNITED BANCORP INC /OH/"
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T03:33:29.581085+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# United Bancorp Q3 EPS $0.42, net income up 3.9% YoY; nine-month EPS $1.15, up 5%

## Summary
- Q3 2023 diluted EPS $0.42 vs $0.40 prior year; net income $2.392M, up $89K or 3.9%.
- Nine-month 2023 diluted EPS $1.15 vs $1.10; net income $6.560M, up $209K or 3.3%.
- Net interest margin improved 3 bps to 3.63% YoY; net interest income up $197K (3.1%) for Q3.
- Total nonaccrual loans and past due 30+ days were $709K (0.15% of loans), down 84% YoY.
- Q3 regular dividend $0.1675 (up 6.3% YoY); YTD total dividend $0.6450 including $0.15 special; dividend yield 7.10%.

## SEC filing metadata
- accession: 0001104659-23-113315
- form_type: 8-K
- ticker: UBCP
- cik: 0000731653
- company_name: UNITED BANCORP INC /OH/
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/731653/000110465923113315/0001104659-23-113315-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/731653/000110465923113315/tm2329552d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-113315
- JSON: https://secwatch.observer/filing/0001104659-23-113315.json
- Plain text: https://secwatch.observer/filing/0001104659-23-113315.txt

## Key facts
- Earnings Releases
  UNITED BANCORP INC /OH/ reported nine months ended September 30, 2023 results: net income $6,560,000, EPS $1.15.
  - Period: nine months ended September 30, 2023
  - Net income: $6,560,000
  - EPS: $1.15
  - Result: reported results
  source text: For the first nine months of the current year, UBCP reported diluted earnings per share of $1.15 and net income of $6,560,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/731653/000110465923113315/0001104659-23-113315-index.htm
- Earnings Releases
  UNITED BANCORP INC /OH/ reported three months ended September 30, 2023 results: net income $2,392,000, EPS $0.42.
  - Period: three months ended September 30, 2023
  - Net income: $2,392,000
  - EPS: $0.42
  - Result: reported results
  source text: United Bancorp, Inc. (NASDAQ: UBCP) reported diluted earnings per share of $0.42 and net income of $2,392,000 for the three months ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/731653/000110465923113315/0001104659-23-113315-index.htm

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