NASDAQ : UBCP
United Bancorp, Inc. — Financial statements
Financials · Banks - Regional · United States
Last price 14.6015 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 83.75M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 31.00M | 30.61M | 28.32M | 25.23M | 20.73M | 20.18M |
| Interest Income on Investments | 10.78M | 10.88M | 11.20M | 11.62M | 6.93M | 4.53M |
| Total Interest Income | 41.78M | 41.49M | 39.52M | 36.85M | 27.66M | 24.71M |
| Interest Paid on Deposits | 8.76M | 8.60M | 8.15M | 5.87M | 1.64M | 1.27M |
| Interest Paid on Borrowings | 5.89M | 6.43M | 6.58M | 5.14M | 1.63M | 1.32M |
| Total Interest Expense | 14.65M | 15.03M | 14.72M | 11.01M | 3.27M | 2.60M |
| Net Interest Income | 27.13M | 26.46M | 24.80M | 25.84M | 24.39M | 22.11M |
| Gain (Loss) on Sale of Investments | 697.00K | 841.00K | -116.00K | 1.25M | ||
| Other Non-Interest Income | 4.98M | 4.68M | 4.09M | 4.03M | 4.05M | 4.18M |
| Total Non-Interest Income | 6.39M | 6.02M | 4.46M | 4.05M | 4.08M | 5.71M |
| Revenues Before Loan Losses | 33.52M | 32.48M | 29.26M | 29.89M | 28.47M | 27.82M |
| Provision for Loan Losses | 528.00K | 674.00K | 299.00K | -454.00K | -955.00K | -1.25M |
| Revenue | 32.99M | 31.80M | 28.96M | 30.34M | 29.43M | 29.07M |
| Salaries and Employee Benefits | 11.93M | 11.47M | 9.20M | 9.61M | 9.30M | 9.28M |
| Occupancy Expenses | 2.87M | 2.55M | 2.32M | 2.06M | 2.22M | 2.36M |
| Federal Deposit Insurance | 387.00K | 377.00K | 372.00K | 375.00K | 198.00K | 195.00K |
| Amortization of Goodwill & Intangibles | 47.00K | 122.00K | 150.00K | 150.00K | 150.00K | 150.00K |
| Selling, General & Administrative | 4.57M | 4.34M | 4.95M | 4.08M | 2.91M | 2.13M |
| Other Non-Interest Expense | 4.72M | 4.51M | 4.67M | 4.57M | 5.11M | 4.27M |
| Total Non-Interest Expense | 25.30M | 24.14M | 21.67M | 20.85M | 19.89M | 18.39M |
| EBT Excluding Unusual Items | 7.70M | 7.67M | 7.29M | 9.49M | 9.54M | 10.68M |
| Pretax Income | 7.70M | 7.67M | 7.29M | 9.49M | 9.54M | 10.68M |
| Income Tax Expense | -276.00K | -86.00K | -107.00K | 541.00K | 879.00K | 1.23M |
| Net Income | 7.97M | 7.75M | 7.40M | 8.95M | 8.66M | 9.45M |
| Preferred Dividends & Other Adjustments | 396.00K | 368.00K | 340.00K | 357.00K | 388.00K | 569.00K |
| Net Income to Common | 7.58M | 7.38M | 7.06M | 8.59M | 8.27M | 8.88M |
| Basic Shares Outstanding | 5.46M | 5.49M | 5.54M | 5.49M | 5.48M | 5.48M |
| Diluted Shares Outstanding | 5.46M | 5.49M | 5.54M | 5.49M | 5.48M | 5.48M |
| EPS (Basic) | 1.39 | 1.34 | 1.27 | 1.57 | 1.51 | 1.62 |
| EPS (Diluted) | 1.38 | 1.34 | 1.27 | 1.57 | 1.50 | 1.62 |
| Dividend Per Share | 0.77 | 0.74 | 0.70 | 0.67 | 0.62 | 0.58 |
| Effective Tax Rate | 5.70% | 9.22% | 11.52% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 45.98M | 46.53M | 19.61M | 40.77M | 30.08M | 83.00M |
| Investment Securities | 241.05M | 234.20M | 240.63M | 242.76M | 217.62M | 146.31M |
| Total Investments | 241.05M | 234.20M | 240.63M | 242.76M | 217.62M | 146.31M |
| Gross Loans | 495.73M | 491.56M | 490.97M | 483.24M | 460.88M | 454.37M |
| Allowance for Loan Losses | -4.36M | -4.26M | -4.03M | -3.92M | -2.05M | -3.67M |
| Net Loans | 491.38M | 487.30M | 486.94M | 479.32M | 458.82M | 450.70M |
| Property, Plant & Equipment | 36.47M | 34.09M | 23.60M | 14.98M | 12.14M | 12.76M |
| Goodwill | 682.00K | 682.00K | 682.00K | 682.00K | 682.00K | 682.00K |
| Other Intangible Assets | 122.00K | 260.00K | 410.00K | 560.00K | ||
| Accrued Interest Receivable | 4.23M | 3.98M | 4.32M | 4.10M | 3.40M | 2.35M |
| Long-Term Deferred Tax Assets | 3.41M | 3.38M | 4.01M | 2.41M | 2.42M | |
| Other Real Estate Owned & Foreclosed | 2.26M | 2.54M | 3.36M | 3.38M | 3.52M | 415.00K |
| Other Long-Term Assets | 48.46M | 40.70M | 29.35M | 26.81M | 25.79M | 23.98M |
| Total Assets | 877.97M | 857.45M | 816.66M | 819.45M | 757.40M | 724.46M |
| Interest Bearing Deposits | 686.95M | 599.87M | 577.59M | 583.86M | 638.61M | 600.74M |
| Institutional Deposits | 41.50M | 35.90M | 37.60M | 11.30M | 4.40M | |
| Total Deposits | 686.95M | 641.37M | 613.49M | 621.46M | 649.91M | 605.14M |
| Short-Term Borrowings | 29.39M | 29.40M | 30.49M | 26.78M | 18.11M | 15.70M |
| Current Portion of Leases | 210.00K | |||||
| Accrued Interest Payable | 560.00K | 612.00K | 831.00K | 579.00K | 304.00K | 180.00K |
| Federal Home Loan Bank Debt, Long-Term | 55.00M | 75.00M | 75.00M | 75.00M | ||
| Long-Term Leases | 2.95M | 2.75M | 2.87M | 2.76M | ||
| Trust Preferred Securities | 23.94M | 23.91M | 23.85M | 23.79M | 23.73M | 23.66M |
| Long-Term Deferred Tax Liabilities | 1.68M | |||||
| Other Long-Term Liabilities | 7.10M | 13.68M | 6.66M | 5.49M | 5.61M | 6.39M |
| Total Liabilities | 805.88M | 786.93M | 753.20M | 755.86M | 697.66M | 652.75M |
| Common Stock | 6.25M | 6.21M | 6.20M | 6.06M | 6.04M | 6.05M |
| Additional Paid-In Capital | 27.44M | 27.07M | 26.37M | 25.91M | 24.81M | 23.64M |
| Retained Earnings | 49.22M | 48.58M | 46.31M | 44.02M | 41.95M | 37.85M |
| Treasury Stock | -4.28M | -3.56M | -3.25M | -2.56M | -1.83M | -1.06M |
| Comprehensive Income & Other | -6.54M | -7.78M | -12.18M | -9.84M | -11.24M | 5.23M |
| Shareholders' Equity | 72.09M | 70.52M | 63.46M | 63.59M | 59.74M | 71.70M |
| Total Liabilities & Equity | 877.97M | 857.45M | 816.66M | 819.45M | 757.40M | 724.46M |
| Total Debt | 111.28M | 131.27M | 132.21M | 128.33M | 41.83M | 39.37M |
| Net Cash (Debt) | -65.30M | -84.74M | -112.61M | -87.56M | -11.75M | 43.63M |
| Net Cash Per Share | -11.96 | -15.43 | -20.33 | -15.95 | -2.14 | 7.97 |
| Filing Date Shares Outstanding | 5.74M | 5.76M | 5.79M | 5.70M | 5.74M | 5.93M |
| Total Common Shares Outstanding | 5.74M | 5.76M | 5.79M | 5.70M | 5.74M | 5.80M |
| Book Value Per Share | 12.57 | 12.25 | 10.95 | 11.15 | 10.41 | 12.37 |
| Tangible Book Value | 71.41M | 69.83M | 62.65M | 62.65M | 58.65M | 70.46M |
| Tangible Book Value Per Share | 12.45 | 12.13 | 10.81 | 10.99 | 10.22 | 12.15 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 7.97M | 7.75M | 7.40M | 8.95M | 8.66M | 9.45M |
| Depreciation & Amortization | 1.52M | 1.35M | 1.23M | 1.15M | 1.16M | 1.29M |
| Other Amortization | 62.00K | 62.00K | 61.00K | 61.00K | 61.00K | 61.00K |
| Gain (Loss) on Sale of Assets | 771.00K | 771.00K | 7.00K | 12.00K | 23.00K | -75.00K |
| Gain (Loss) on Sale of Investments | -294.00K | -419.00K | 551.00K | 512.00K | 533.00K | -866.00K |
| Provision for Credit Losses | 528.00K | 674.00K | 299.00K | -454.00K | -955.00K | -1.25M |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | -161.00K | 501.00K | 482.00K | 29.00K | 36.00K | 272.00K |
| Accrued Interest Receivable | -1.09M | 370.00K | -254.00K | -695.00K | -1.06M | 556.00K |
| Change in Other Net Operating Assets | -2.05M | -349.00K | -2.15M | -288.00K | -824.00K | -1.24M |
| Other Operating Activities | -1.03M | -1.03M | -1.33M | -409.00K | 151.00K | -329.00K |
| Operating Cash Flow | 6.91M | 10.46M | 8.45M | 9.46M | 8.48M | 8.19M |
| Capital Expenditures | -11.02M | -11.78M | -9.70M | -1.08M | -511.00K | -777.00K |
| Sale of Property, Plant and Equipment | 56.00K | 56.00K | 9.00K | 111.00K | 620.00K | |
| Investment in Securities | -558.00K | 18.30M | -1.63M | -23.59M | -93.80M | 9.15M |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | 6.12M | -491.00K | -8.15M | -22.46M | -10.41M | -10.86M |
| Other Investing Activities | -16.52M | -10.60M | 14.00K | -1.35M | 1.36M | 665.00K |
| Investing Cash Flow | -21.93M | -4.51M | -19.46M | -48.47M | -103.26M | -1.21M |
| Short-Term Debt Issued | 3.71M | 8.68M | 2.40M | 3.00M | ||
| Long-Term Debt Issued | 75.00M | |||||
| Total Debt Issued | -5.11M | 3.71M | 83.67M | 2.40M | 3.00M | |
| Short-Term Debt Repaid | -1.09M | |||||
| Long-Term Debt Repaid | -1.00K | |||||
| Total Debt Repaid | -21.07M | -1.09M | ||||
| Net Debt Issued (Repaid) | -26.18M | -1.09M | 3.71M | 83.67M | 2.40M | 3.00M |
| Repurchase of Common Stock | -904.00K | -317.00K | -687.00K | -733.00K | -767.00K | -72.00K |
| Common Dividends Paid | -5.61M | -5.48M | -5.11M | -4.79M | -4.56M | -4.10M |
| Net Increase (Decrease) in Deposit Accounts | 44.00M | 27.87M | -7.96M | -28.45M | 44.78M | 25.60M |
| Other Financing Activities | -93.00K | |||||
| Financing Cash Flow | 11.31M | 20.98M | -10.14M | 49.70M | 41.86M | 24.42M |
| Net Cash Flow | -3.70M | 26.92M | -21.16M | 10.69M | -52.92M | 31.41M |
| Free Cash Flow | -4.11M | -1.32M | -1.25M | 8.38M | 7.97M | 7.42M |
| Free Cash Flow Margin | -12.46% | -4.16% | -4.31% | 27.62% | 27.08% | 25.50% |
| Free Cash Flow Per Share | -0.75 | -0.24 | -0.23 | 1.53 | 1.45 | 1.35 |
| Cash Interest Paid | 8.88M | 15.25M | 14.62M | 10.59M | 3.15M | 2.18M |
| Cash Income Tax Paid | 182.00K | 182.00K | 102.00K | 230.00K | 710.00K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 81.21M | 82.86M | 75.26M | 73.40M | 84.53M | 99.57M |
| Last Close Price | 14.16 | 13.67 | 11.59 | 10.70 | 11.50 | 12.41 |
| PE Ratio | 10.26 | 11.22 | 10.66 | 8.54 | 10.22 | 11.21 |
| PS Ratio | 2.46 | 2.60 | 2.60 | 2.42 | 2.87 | 3.42 |
| PB Ratio | 1.13 | 1.18 | 1.19 | 1.15 | 1.42 | 1.39 |
| P/FCF Ratio | 8.76 | 10.61 | 13.43 | |||
| P/OCF Ratio | 11.75 | 7.92 | 8.91 | 7.76 | 9.97 | 12.15 |
| Debt / Equity Ratio | 1.54 | 1.86 | 2.08 | 2.02 | 0.70 | 0.55 |
| Debt / FCF Ratio | 15.31 | 5.25 | 5.31 | |||
| Net Debt / Equity Ratio | 0.91 | 1.20 | 1.77 | 1.38 | 0.20 | -0.61 |
| Net Debt / FCF Ratio | -15.89 | -64.10 | -90.30 | 10.45 | 1.48 | -5.88 |
| Return on Equity (ROE) | 12.10% | 11.57% | 11.65% | 14.51% | 13.17% | 13.50% |
| Return on Assets (ROA) | 0.92% | 0.93% | 0.91% | 1.14% | 1.17% | 1.33% |
| Earnings Yield | 9.75% | 9.36% | 9.84% | 12.19% | 10.24% | 9.49% |
| FCF Yield | -5.06% | -1.60% | -1.66% | 11.42% | 9.43% | 7.45% |
| Dividend Yield | 6.74% | 5.18% | 5.43% | 5.17% | 4.24% | 3.41% |
| Payout Ratio | 68.82% | 70.73% | 69.08% | 53.51% | 52.66% | 43.39% |
| Buyback Yield / Dilution | 1.42% | 0.86% | -0.90% | -0.13% | -0.11% | -0.35% |
| Total Shareholder Return | 8.16% | 6.04% | 4.53% | 5.04% | 4.13% | 3.06% |