---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-114854"
form_type: "8-K"
ticker: "UBCP"
cik: "0000731653"
company_name: "UNITED BANCORP INC /OH/"
filed_at: "2024-11-06T23:59:59+00:00"
generated_at: "2026-05-30T04:56:52.155939+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# UBCP Q3 2024 EPS $0.31, net income down 24% YoY; margin compresses to 3.50%

## Summary
- Q3 diluted EPS $0.31, net income $1.82M; YoY net income down $573K, EPS down $0.11; linked-quarter net income up 4.6%.
- Net interest margin fell to 3.50% from 3.63% YoY; net interest income down 4.6% to $18.5M; interest expense surged 40.7%.
- Credit stable: nonaccrual loans 0.21% of gross loans; NPA/assets 0.46%; allowance for credit losses 0.84% of loans.
- Tangible book value per share up 23.6% YoY to $10.84; total shareholders' equity $65.5M; forward dividend yield 6.4%.

## SEC filing metadata
- accession: 0001104659-24-114854
- form_type: 8-K
- ticker: UBCP
- cik: 0000731653
- company_name: UNITED BANCORP INC /OH/
- filed_at: 2024-11-06T23:59:59+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/731653/000110465924114854/0001104659-24-114854-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/731653/000110465924114854/tm2427669d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-114854
- JSON: https://secwatch.observer/filing/0001104659-24-114854.json
- Plain text: https://secwatch.observer/filing/0001104659-24-114854.txt

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