United Bancshares, Inc. (UBOH)

United Bancshares Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	47.6	42.81	38.66	31.2	33.72	35.7
Interest Income on Investments	10.48	10.48	8.54	7.74	5.08	4.33
Total Interest Income	58.08	53.28	47.2	38.94	38.8	40.03
Interest Paid on Deposits	17.86	19.53	12.7	2.32	2.28	4
Interest Paid on Borrowings	1.46	1.46	1.4	0.94	0.79	2.99
Total Interest Expense	19.31	20.99	14.09	3.26	3.07	6.99
Net Interest Income	38.77	32.3	33.11	35.68	35.74	33.04
Net Interest Income Growth (YoY)	25.54%	-2.44%	-7.22%	-0.14%	8.15%	14.35%
Gain (Loss) on Sale of Investments	-0.01	-0.01	-0.07	-0.11	-0.02	0.29
Other Non-Interest Income	3.2	4.19	4	6.97	2.8	1.47
Total Non-Interest Income	7.43	8.42	7.38	9.95	17.35	27
Non-Interest Income Growth (YoY)	-9.04%	14.16%	-25.91%	-42.61%	-35.76%	106.61%
Revenues Before Loan Losses	46.2	40.72	40.48	45.64	53.08	60.04
Provision for Loan Losses	0.05	-1.11	-0.39	-1	0.3	6.2
Revenue	46.15	41.83	40.87	46.64	52.78	53.84
Revenue Growth (YoY)	15.04%	2.35%	-12.36%	-11.64%	-1.97%	30.01%
Salaries and Employee Benefits	15.18	15.18	15.56	18.23	20.52	21.96
Selling, General & Administrative	5.56	5.56	5.69	6.41	4.67	3.79
Other Non-Interest Expense	12.11	11.18	10.33	9.48	11.52	11.41
Total Non-Interest Expense	32.84	31.92	31.58	34.11	36.71	37.17
EBT Excluding Unusual Items	13.31	9.92	9.29	12.52	16.08	16.68
Pretax Income	13.31	9.92	9.29	12.52	16.08	16.68
Income Tax Expense	1.38	0.76	0.68	1.21	2.49	2.92
Net Income	11.93	9.16	8.61	11.31	13.58	13.76
Net Income to Common	11.93	9.16	8.61	11.31	13.58	13.76
Net Income Growth	40.78%	6.38%	-23.91%	-16.72%	-1.26%	29.02%
Basic Shares Outstanding	3	3	3	3	3	3
Diluted Shares Outstanding	3	3	3	3	3	3
Shares Change (YoY)	-1.23%	-2.67%	-5.79%	-2.20%	0.96%	0.89%
EPS (Basic)	4.02	3.06	2.80	3.47	4.14	4.21
EPS (Diluted)	4.02	3.06	2.80	3.46	4.07	4.16
EPS Growth	42.60%	9.29%	-19.07%	-14.99%	-2.16%	28.00%
Dividend Per Share	0.900	0.880	0.880	0.840	0.730	0.510
Dividend Growth	2.27%	-	4.76%	15.07%	43.14%	-1.92%
Effective Tax Rate	10.36%	7.68%	7.35%	9.69%	15.52%	17.52%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.