secwatch.observer — SEC 8-K summary
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Issuer:     UNITED BANCORP INC /OH/ (UBCP)
CIK:        0000731653
Form:       8-K
Filed at:   2024-02-06T23:59:59+00:00
Accession:  0001104659-24-011078
Event type: earnings
Sentiment:  positive
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UBCP Q4 2023 EPS $0.42, up 5% YoY; full-year EPS $1.57, up 4.7%
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- Q4 net income $2.389M ($0.42 EPS) vs $2.306M ($0.40) in Q4 2022, increases of 3.6% and 5.0%.
- FY2023 net income $8.950M ($1.57 EPS) vs $8.657M ($1.50) in 2022, up 3.4% and 4.7%.
- Net interest income rose $1.447M (5.9%) for the year; net interest margin 3.65%, down 2 bps YoY but up 2 bps linked quarter.
- Total loans $483.2M at Dec 31, up $22.4M (4.9%) from Q3 end; nonaccrual & past due 30+ days were $1.15M (0.24%).
- Regular quarterly dividend increased to $0.17 (up 6.3% YoY); total 2023 dividends $0.8150/share including $0.15 special; yield 6.4%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/731653/000110465924011078/0001104659-24-011078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/731653/000110465924011078/tm245365-1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-011078

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