United Bancorp Inc (NASDAQ: UBCP) is a bank holding company that operates Unified Bank, a community bank providing commercial and consumer banking services across Ohio and West Virginia. The company earns revenue primarily through net interest income on loans and deposits, with its loan portfolio spanning commercial real estate, commercial and industrial, and residential mortgage categories. As of December 31, 2025, the loan book included commercial real estate loans of approximately $286.8 million, commercial and industrial loans of approximately $92.0 million, owner-occupied non-farm/non-residential loans of approximately $93.0 million, and first-lien 1-4 family residential loans of approximately $89.6 million. Unified Bank operates branch offices across eastern and southeastern Ohio and in Moundsville and Wheeling, West Virginia. The holding company itself has no compensated employees; Unified employs 125 full-time staff, with 39 in management roles, as of the 10-K filed 2026-03-18. The company pays cash dividends to common shareholders and carries subordinated debt including 6.00% Fixed to Floating Rate Subordinated Notes due May 15, 2029.

Revenue model

Net interest income from a loan portfolio concentrated in commercial real estate, commercial and industrial, and residential mortgage loans, funded by customer deposits. Fee income from banking services supplements interest income.

Products and services

Commercial real estate loans, commercial and industrial loans, owner-occupied non-farm/non-residential loans, residential first-lien mortgage loans, consumer deposit accounts, and director and officer deferred compensation plans administered internally.

Customers and end markets

Individual consumers and commercial borrowers in community markets across eastern and southeastern Ohio and the northern West Virginia panhandle. End markets include small and mid-sized businesses, real estate owners and operators, and retail deposit customers.

Value-chain role

Community bank and deposit-taking institution. Originates, holds, and manages loans on balance sheet. Operates as a regulated Ohio-chartered bank subsidiary under a holding company structure subject to federal and state banking oversight.

Geographic exposure

Eastern and southeastern Ohio, with branch offices in Bridgeport, Colerain, Jewett, St. Clairsville, Dover, Dellroy, New Philadelphia, Strasburg, Tiltonsville, Sherrodsville, Glouster, Nelsonville, Lancaster, Powhatan, and other Ohio locations. West Virginia presence in Moundsville and Wheeling as of the 10-K filed 2026-03-18.

Source: SEC 10-K, filed 2026-03-18

Industry: State Commercial Banks Peers: Affinity Bancshares Inc Community Bancorp JD BANCSHARES INC First National Corp PNC Financial Services Group Inc QNB Corp Union Bankshares Inc