United Bancorp Inc. reported a total asset value of $828.1 million for the fiscal year ending December 31, 2025, reflecting an increase from $802.1 million in 2024. The company’s net interest income for 2025 was $26.8 million, a slight decrease from $27.4 million in the previous year. The net interest margin narrowed to 3.51% from 3.65%, attributed to a combination of rising interest rates and changes in the volume of interest-earning assets. The company’s total stockholders’ equity rose to $67.7 million, up from $52.3 million in 2024, indicating improved profitability and capital strength.
In terms of operational performance, United Bancorp's loan portfolio saw an increase in average balances, with loans rising to $480.8 million in 2025 from $463.6 million in 2024. The yield on loans also improved to 5.91% from 5.45%. However, the company experienced a decrease in interest income from taxable securities, which fell to $2.0 million from $2.7 million. The allowance for credit losses increased to $4.3 million, reflecting a proactive approach to managing credit risk amid changing economic conditions.
Strategically, United Bancorp has focused on enhancing its service offerings and expanding its geographic footprint. The company operates multiple branch offices across Ohio and West Virginia, with a commitment to maintaining its properties in good operating condition. The company has also invested in cybersecurity measures to protect customer information and ensure compliance with regulatory requirements, reflecting a comprehensive approach to risk management.
The company reported a total of 151,733 noninterest-bearing liabilities, with demand deposits accounting for a significant portion. The average balance of demand deposits decreased to $186.5 million from $216.9 million in 2024, while time deposits increased significantly, indicating a shift in customer preferences. The total number of employees remained stable, supporting the company’s operational needs as it navigates the evolving banking landscape.
Looking ahead, United Bancorp remains cautiously optimistic about its growth prospects. The company plans to continue focusing on enhancing its loan portfolio and managing interest rate risks effectively. Management anticipates that ongoing investments in technology and customer service will further strengthen its competitive position in the banking sector. The company’s strategic initiatives are expected to support sustainable growth and profitability in the coming fiscal periods.
About UNITED BANCORP INC /OH/
A regional bank holding company based in Ohio, United Bancorp, Inc. operates through its wholly-owned subsidiary, Unified Bank, providing commercial and retail banking services. It offers deposit products, loans, and financial services across Ohio and West Virginia. The company emphasizes safety, regulatory compliance, and community banking, serving diverse local markets with competitive products and a focus on customer relationships and sound risk management.
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