---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-087335"
form_type: "8-K"
ticker: "UBCP"
cik: "0000731653"
company_name: "UNITED BANCORP INC /OH/"
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T11:25:09.100174+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# United Bancorp Q2 2024 EPS $0.30, net income down 24% YoY; net interest margin 3.54%

## Summary
- Diluted EPS $0.30 for Q2 2024, down $0.10 YoY from $0.40; net income $1.739M vs $2.279M.
- First-half 2024 EPS $0.64, down $0.09 YoY; net income $3.732M vs $4.168M.
- Net interest margin 3.54%, up 8 bps linked quarter but down 4 bps YoY; net interest income declined $143K QoQ.
- Provision for credit losses $104K for Q2, reversing negative provision from prior year; reduced EPS by ~$0.04.
- Nonaccrual loans $1.15M (0.24% of loans), up $463K YoY but down $284K linked quarter; NPA/assets 0.46%.

## SEC filing metadata
- accession: 0001104659-24-087335
- form_type: 8-K
- ticker: UBCP
- cik: 0000731653
- company_name: UNITED BANCORP INC /OH/
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/731653/000110465924087335/0001104659-24-087335-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/731653/000110465924087335/tm2421155d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-087335
- JSON: https://secwatch.observer/filing/0001104659-24-087335.json
- Plain text: https://secwatch.observer/filing/0001104659-24-087335.txt

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