United Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	30.61	28.33	25.23	20.73	20.18
Interest Income on Investments	10.88	11.2	11.62	6.93	4.53
Total Interest Income	41.49	39.52	36.85	27.66	24.71
Interest Paid on Deposits	15.03	8.15	5.87	1.64	1.27
Interest Paid on Borrowings	-	6.58	5.14	1.63	1.32
Total Interest Expense	15.03	14.72	11.01	3.27	2.6
Net Interest Income	26.46	24.8	25.84	24.39	22.11
Net Interest Income Growth (YoY)	6.69%	-4.01%	5.93%	10.29%	-3.42%
Gain (Loss) on Sale of Investments	0.84	-0.12	-	-	1.25
Other Non-Interest Income	1.46	4.09	4.03	4.05	4.18
Total Non-Interest Income	6.02	4.46	4.05	4.08	5.71
Non-Interest Income Growth (YoY)	34.94%	10.02%	-0.71%	-28.44%	-17.48%
Revenues Before Loan Losses	32.48	29.26	29.89	28.47	27.82
Provision for Loan Losses	0.62	0.3	-0.45	-0.96	-1.26
Revenue	31.85	28.96	30.34	29.43	29.07
Revenue Growth (YoY)	9.99%	-4.55%	3.12%	1.21%	9.83%
Salaries and Employee Benefits	-	9.2	9.61	9.3	9.28
Occupancy Expenses	-	2.32	2.06	2.22	2.36
Federal Deposit Insurance	-	0.37	0.38	0.2	0.2
Amortization of Goodwill & Intangibles	-	0.15	0.15	0.15	0.15
Selling, General & Administrative	-	4.95	4.08	2.91	2.13
Other Non-Interest Expense	24.19	4.68	4.57	5.11	4.27
Total Non-Interest Expense	24.19	21.67	20.85	19.89	18.39
EBT Excluding Unusual Items	7.67	7.3	9.49	9.54	10.68
Pretax Income	7.67	7.3	9.49	9.54	10.68
Income Tax Expense	-0.09	-0.11	0.54	0.88	1.23
Net Income	7.75	7.4	8.95	8.66	9.45
Preferred Dividends & Other Adjustments	-	0.34	0.36	0.39	0.57
Net Income to Common	7.75	7.06	8.59	8.27	8.88
Net Income Growth	4.74%	-17.30%	3.38%	-8.40%	18.84%
Basic Shares Outstanding	5	6	5	5	5
Diluted Shares Outstanding	5	6	5	5	5
Shares Change (YoY)	-0.86%	0.90%	0.13%	0.11%	0.35%
EPS (Basic)	1.41	1.27	1.57	1.51	1.62
EPS (Diluted)	1.34	1.27	1.57	1.50	1.62
EPS Growth	5.51%	-18.85%	4.34%	-7.41%	16.98%
Dividend Per Share	0.745	0.705	0.665	0.625	0.585
Dividend Growth	5.67%	6.02%	6.40%	6.84%	2.63%
Effective Tax Rate	-	-	5.70%	9.22%	11.52%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q