secwatch.observer — SEC 8-K summary
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Issuer:     UNITED BANCORP INC /OH/ (UBCP)
CIK:        0000731653
Form:       8-K
Filed at:   2022-02-03T23:59:59+00:00
Accession:  0001193125-22-026603
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

United Bancorp reports record FY2021 EPS $1.62, up 17% YoY; Q4 EPS $0.41
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- Net income $9.45M (+19% YoY); diluted EPS $1.62 (+17%). Q4 net income $2.46M, EPS $0.41 vs $0.46 prior year.
- Total assets $724.5M; equity/asset ratio 9.90%; shareholders' equity $71.7M (+4.9% YoY).
- Loans grew 2.5% to $454.4M; deposits rose $25.6M (4.4%) with lower-cost retail up 10.0%.
- Net interest income fell 3.4% YoY; net interest expense reduced 45.2%; credit reserve released $400K in Q4.
- Cash dividends increased 20.2% including special $0.10 dividend; stock price up 26.3% to $16.65.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/731653/000119312522026603/0001193125-22-026603-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/731653/000119312522026603/d303821d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-026603

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