secwatch.observer — SEC 8-K summary
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Issuer:     UNITED BANCORP INC /OH/ (UBCP)
CIK:        0000731653
Form:       8-K
Filed at:   2025-02-07T23:59:59+00:00
Accession:  0001104659-25-010554
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

United Bancorp reports Q4 net income $1.85M, EPS $0.31; FY net income $7.4M, EPS $1.27
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- Q4 net income $1.85M, down $539k YoY; diluted EPS $0.31, down $0.11 from Q4 2023.
- FY 2024 net income $7.402M, down $1.548M YoY; diluted EPS $1.27, down $0.30 from FY 2023.
- Net interest margin declined 14 bps to 3.51%; provision for credit loss expense $299k (vs reversal in 2023).
- Gross loans increased $16M linked-quarter (13.4% annualized); total assets $820.8M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/731653/000110465925010554/0001104659-25-010554-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/731653/000110465925010554/tm255922d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-010554

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer