United Bancorp Q1 2026 net income rises 2.1% to $1.9 million; EPS $0.33
United Bancorp, Inc. reported first-quarter 2026 net income of $1.9 million, or $0.33 per diluted share, up 2.1% and $0.01 from a year earlier. Net interest income rose 4.2% to $6.5 million, while total noninterest expense rose 10.2% to $6.2 million. Nonaccrual and 30-plus-day past-due loans increased year over year to $6.8 million, which management attributes mainly to one commercial relationship of about $4.2 million that it says is not impaired.
Key points
- Net income of $1,911,000, up $39,000 or 2.1% year over year
- Diluted EPS of $0.33, up $0.01 or 3.1% from $0.32
- Net interest income of $6.5 million, up 4.2%; net interest margin of 3.72%, up 12 basis points
- Nonaccrual and 30-plus-day past-due loans of $6.8 million (1.36% of gross loans), up $4.0 million year over year, mostly from one relationship of about $4.2 million
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 07, 2026.
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