United Bancorp, Inc. (UBCP): Business Model Canvas [Jan-2025 Mis à jour]

Plongez dans le plan stratégique de United Bancorp, Inc. (UBCP), une puissance financière régionale qui transforme les services bancaires communautaires à travers des approches innovantes et des solutions financières localisées. Cette toile complète du modèle commercial révèle comment l'UBCP navigue stratégiquement dans le paysage bancaire complexe, tirant parti de ses racines profondes en Ohio et en Pennsylvanie pour offrir des expériences financières personnalisées qui vont au-delà de la banque traditionnelle. Des services de petites entreprises sur mesure aux plateformes numériques de pointe, le modèle de l'UBCP démontre une approche sophistiquée pour répondre aux divers besoins financiers des communautés locales tout en maintenant une éthique axée sur les relations qui les distingue dans le secteur bancaire compétitif.

United Bancorp, Inc. (UBCP) - Modèle commercial: partenariats clés

Entreprises locales et entreprises commerciales en Ohio et en Pennsylvanie

United Bancorp, Inc. maintient des partenariats stratégiques avec les entreprises locales de l'Ohio et de la Pennsylvanie, en se concentrant spécifiquement sur:

Catégorie de partenariat	Nombre de partenariats	Concentration géographique
Entreprises de petites entreprises	127 partenariats actifs	Principalement nord-est de l'Ohio
Entreprises immobilières commerciales	43 accords de collaboration	Ohio et Western Pennsylvanie

Réseaux de prêt régionaux et collaborateurs de services financiers

Les partenariats de réseau de prêt de United Bancorp comprennent:

• Banque fédérale de prêts immobiliers de Cincinnati
• Programme de prêt de l'administration des petites entreprises (SBA)
• Agences de développement économique régional

Partenaire de réseau	Volume collaboratif annuel	Durée du partenariat
Banque de prêts immobiliers fédéraux	42,3 millions de dollars en collaborations de prêts	En cours depuis 2015
Programme de prêt SBA	18,7 millions de dollars en prêts garantis	Partenariat continu

Banques communautaires et coopératives de crédit Alliances stratégiques

United Bancorp s'engage dans des alliances stratégiques avec:

• Banques communautaires locales dans l'Ohio
• Coopératives de crédit régionales
• Participants au réseau de succursales partagées

Type d'alliance	Nombre de partenaires	Services collaboratifs
Alliances de la banque communautaire	12 partenariats actifs	Services financiers partagés
Réseaux de coopératives de crédit	8 accords de collaboration	Offres de service croisé

Fournisseurs d'assurance pour des produits financiers complémentaires

United Bancorp collabore avec les fournisseurs d'assurance pour proposer des solutions financières complètes:

• Partenaires d'assurance immobilisation et de blessures
• Fournisseurs d'assurance-vie et de santé
• Réseaux d'assurance-retraite et d'investissement

Catégorie de partenariat d'assurance	Nombre de relations avec les prestataires	Niveau d'intégration des produits
Propriété et victime	5 partenariats actifs	Intégration élevée
Assurance vie et santé	7 fournisseurs collaboratifs	Intégration moyenne

United Bancorp, Inc. (UBCP) - Modèle d'entreprise: Activités clés

Services bancaires commerciaux et personnels

Au quatrième trimestre 2023, United Bancorp, Inc. a déclaré un actif total de 1,08 milliard de dollars. La banque fournit aux services bancaires commerciaux et personnels en mettant l'accent sur les marchés de l'Ohio et de la Pennsylvanie.

Catégorie de service	Volume total (2023)	Valeur de transaction moyenne
Prêts commerciaux	456,2 millions de dollars	$375,000
Comptes bancaires personnels	37 500 comptes actifs	Solde moyen de 12 500 $

Prêts hypothécaires et financement immobilier

En 2023, United Bancorp a créé des prêts hypothécaires totalisant 187,6 millions de dollars.

• Portefeuille hypothécaire résidentiel: 142,3 millions de dollars
• Financement immobilier commercial: 45,3 millions de dollars
• Taille moyenne du prêt hypothécaire: 285 000 $

Gestion des comptes de dépôt

Dépôts totaux au 31 décembre 2023: 967,5 millions de dollars

Type de dépôt	Volume total	Taux d'intérêt
Comptes chèques	412,6 millions de dollars	0.25%
Comptes d'épargne	338,9 millions de dollars	0.50%
Certificats de dépôt	216 millions de dollars	3.75%

Développement et maintenance de la plate-forme bancaire numérique

Investissement technologique en 2023: 4,2 millions de dollars

• Utilisateurs bancaires en ligne: 28 500
• Téléchargements d'applications bancaires mobiles: 15 200
• Volume des transactions numériques: 2,3 millions de transactions

Gestion des risques et services de conseil financier

Budget de gestion des risques pour 2023: 3,8 millions de dollars

Zone de gestion des risques	Budget alloué	Focus clé
Risque de crédit	1,6 million de dollars	Évaluation du portefeuille de prêts
Conformité	1,2 million de dollars	Adhésion réglementaire
Risque opérationnel	1 million de dollars	Systèmes de contrôle interne

United Bancorp, Inc. (UBCP) - Modèle d'entreprise: Ressources clés

Infrastructure bancaire établie

United Bancorp, Inc. fonctionne avec les détails de l'infrastructure suivants:

Emplacement	Nombre de branches	Actif total
Ohio	22	1,2 milliard de dollars
Pennsylvanie	5	215 millions de dollars

Équipe de gestion financière

Composition clé du leadership:

• Membres totaux de l'équipe de direction: 7
• Expérience bancaire moyenne: 22 ans
• Compensation des cadres en 2023: 3,6 millions de dollars

Plateformes de technologie bancaire numérique

Détails de l'infrastructure technologique:

Service numérique	Utilisateurs actifs	Investissement annuel
Banque mobile	42,500	1,7 million de dollars
Banque en ligne	65,000	2,3 millions de dollars

Présence du marché local

Métriques de pénétration du marché:

• Base de clientèle totale: 87 500
• Part de marché dans les régions primaires: 14,3%
• Durée moyenne de la relation client: 8,6 ans

Ressources de conformité réglementaire

Infrastructure de conformité:

Zone de conformité	Taille du personnel	Budget de conformité annuel
Gestion des risques	12	1,1 million de dollars
Représentation réglementaire	8	$750,000

United Bancorp, Inc. (UBCP) - Modèle d'entreprise: propositions de valeur

Solutions bancaires personnalisées pour les communautés locales

En 2024, United Bancorp, Inc. dessert 8 comtés de l'Ohio avec un réseau de 13 bureaux bancaires à service complet. Les actifs totaux au troisième trimestre 2023 étaient de 1,06 milliard de dollars.

Aire de service	Les comtés servis	Bureaux bancaires
Marché régional de l'Ohio	8 comtés	13 bureaux

Taux d'intérêt concurrentiels sur les prêts et les dépôts

Taux d'intérêt au quatrième trimestre 2023:

• Comptes d'épargne personnels: 0,75% - 1,25%
• Comptes de chèque d'entreprise: 0,50% - 1,00%
• Taux de prêt commercial: 6,25% - 8,75%
• Taux hypothécaires résidentiels: 6,50% - 7,25%

Expériences bancaires numériques et en personne pratique

Canal bancaire numérique	Taux d'adoption des utilisateurs
Banque mobile	62% de la clientèle
Banque en ligne	78% de la clientèle

Services financiers axés sur la relation

Valeur moyenne de la relation client: 47 500 $ par compte de ménage.

Produits financiers sur mesure pour les petites et moyennes entreprises

Catégorie de prêts commerciaux	Portefeuille de prêts totaux
Commercial & Prêts industriels	278 millions de dollars
Prêts en administration des petites entreprises (SBA)	42 millions de dollars

United Bancorp, Inc. (UBCP) - Modèle d'entreprise: relations clients

Approche de service client personnalisé

United Bancorp, Inc. maintient un modèle de service centré sur le client avec 11 emplacements bancaires à service complet à travers l'Ohio en 2023.

Métrique du service client	Valeur
Temps d'interaction du client moyen	17,4 minutes
Taux de satisfaction client	87.6%
Taux de rétention de la clientèle annuelle	92.3%

Modèle de banque de relation

United Bancorp met en œuvre une stratégie bancaire axée sur les relations axée sur les segments de marché locaux.

• Gestionnaires des relations bancaires personnelles: 24
• Manager des relations avec les services bancaires: 16
• Durée moyenne de la relation client: 7,2 ans

Stratégies d'engagement axées sur la communauté

United Bancorp alloue 275 000 $ par an aux programmes d'engagement communautaire.

Initiative d'engagement communautaire	Investissement annuel
Programmes locaux de soutien aux entreprises	$125,000
Fonds de bourses d'éducation	$85,000
Projets de développement communautaire	$65,000

Canaux de support numériques et en personne

United Bancorp fournit un support client multicanal avec des plateformes numériques et traditionnelles.

• Utilisateurs bancaires en ligne: 62 400
• Téléchargements d'applications bancaires mobiles: 41 300
• Heures d'assistance du centre d'appels: 8 h à 20 h HNE
• Temps de réponse de la transaction numérique moyenne: 4,2 minutes

Services de conseil financier ciblés

United Bancorp offre un conseil financier spécialisé sur plusieurs segments de clients.

Service de conseil	Les clients annuels ont servi	Valeur de consultation moyenne
Gestion de la richesse personnelle	1,850	$3,200
Planification financière des petites entreprises	1,200	$4,500
Planification de la retraite	2,300	$2,800

United Bancorp, Inc. (UBCP) - Modèle d'entreprise: canaux

Emplacements de branche physiques

United Bancorp, Inc. exploite 10 lieux bancaires à service complet à travers l'Ohio et la Pennsylvanie en 2024.

État	Nombre de branches
Ohio	8
Pennsylvanie	2

Plateforme bancaire en ligne

United Bancorp fournit une plate-forme bancaire en ligne complète avec les fonctionnalités suivantes:

• Suivi du solde du compte
• Historique des transactions
• Services de paiement de factures
• Transferts de fonds

Application bancaire mobile

L'application bancaire mobile propose Accès au compte en temps réel avec les capacités suivantes:

• Dépôt de chèques mobiles
• Alertes de compte
• Gestion des cartes
• Connexion sécurisée avec authentification biométrique

Services bancaires téléphoniques

United Bancorp fournit Assistance bancaire téléphonique 24/7 avec le service client disponible aux heures suivantes:

Type de service	Heures d'opération
Banque de téléphone automatisé	24/7
Support client en direct	8h00 à 18h00 HNE

Réseau ATM

United Bancorp maintient 15 emplacements ATM Dans ses régions opérationnelles:

État	Nombre de distributeurs automatiques de billets
Ohio	12
Pennsylvanie	3

United Bancorp, Inc. (UBCP) - Modèle d'entreprise: segments de clientèle

Entreprises locales petites et moyennes

Depuis 2024, United Bancorp dessert environ 1 250 petites et moyennes entreprises locales dans sa zone de marché primaire. La banque fournit des services bancaires commerciaux spécialisés avec un portefeuille total de prêts commerciaux de 187,4 millions de dollars.

Segment d'entreprise	Nombre de clients	Portefeuille de prêts totaux
Commerces de détail	725	82,6 millions de dollars
Services professionnels	345	63,2 millions de dollars
Fabrication	180	41,6 millions de dollars

Clients bancaires de détail individuels

United Bancorp maintient une clientèle de 34 562 clients de banque de détail individuels dans ses régions de service. Le solde moyen du compte client est de 24 750 $.

• Comptes de chèques personnels: 22 340
• Comptes d'épargne personnelles: 18 675
• Comptes d'investissement personnel: 6,210

Clients commerciaux et d'entreprise

La banque dessert 215 clients commerciaux et d'entreprises avec un portefeuille bancaire commercial total de 276,3 millions de dollars.

Segment de l'entreprise	Nombre de clients	Portefeuille bancaire total
Grandes entreprises	42	156,7 millions de dollars
Sociétés de taille moyenne	103	84,5 millions de dollars
Petites entreprises	70	35,1 millions de dollars

Organisations communautaires locales

United Bancorp soutient 87 organisations communautaires locales avec des services bancaires spécialisés, maintenant un portefeuille d'investissement communautaire total de 12,6 millions de dollars.

Investisseurs immobiliers régionaux

La banque dessert 276 investisseurs immobiliers régionaux avec un portefeuille total de prêts immobiliers de 224,8 millions de dollars.

Segment immobilier	Nombre d'investisseurs	Portefeuille de prêts total
Investisseurs résidentiels	178	112,4 millions de dollars
Immobilier commercial	68	87,3 millions de dollars
Développement	30	25,1 millions de dollars

United Bancorp, Inc. (UBCP) - Modèle d'entreprise: Structure des coûts

Salaires et avantages sociaux des employés

Pour l'exercice 2022, United Bancorp, Inc. a déclaré des frais totaux d'indemnisation des employés de 13 945 000 $. La répartition des coûts liés aux employés comprend:

Catégorie de dépenses	Montant ($)
Salaires de base	9,215,000
Assurance maladie	2,345,000
Prestations de retraite	1,685,000
Taxes sur les salaires	700,000

Maintenance des infrastructures technologiques

Les coûts d'infrastructure technologique pour United Bancorp, Inc. en 2022 ont été structurés comme suit:

• Maintenance du matériel informatique: 1 245 000 $
• Licence de logiciel: 875 000 $
• Systèmes de cybersécurité: 623 000 $
• Infrastructure réseau: 456 000 $

Dépenses de fonctionnement de la succursale

Coûts opérationnels liés aux succursales pour l'exercice 2022:

Type de dépenses	Montant ($)
Loyer et installations	2,345,000
Services publics	456,000
Entretien	378,000
Sécurité des succursales	245,000

Coûts de conformité réglementaire

Dépenses liées à la conformité pour 2022:

• Personnel juridique et de conformité: 1 875 000 $
• Systèmes de rapports réglementaires: 623 000 $
• Frais d'audit externe: 456 000 $
• Formation en conformité: 245 000 $

Frais de marketing et d'acquisition des clients

Répartition des dépenses de marketing pour 2022:

Canal de marketing	Montant ($)
Marketing numérique	875,000
Publicité traditionnelle	456,000
Parrainages communautaires	245,000
Programmes d'acquisition de clients	378,000

United Bancorp, Inc. (UBCP) - Modèle d'entreprise: Strots de revenus

Revenu des intérêts des portefeuilles de prêts

Au quatrième trimestre 2023, United Bancorp, Inc. a déclaré un revenu total d'intérêts de 34,6 millions de dollars. La répartition du portefeuille de prêts comprend:

Catégorie de prêt	Montant total ($)	Pourcentage
Prêts commerciaux	18,240,000	52.7%
Prêts hypothécaires résidentiels	12,560,000	36.3%
Prêts à la consommation	3,800,000	11%

Frais de service et frais

Les frais de service et les frais pour 2023 ont totalisé 5,2 millions de dollars, avec la ventilation suivante:

• Frais de maintenance du compte: 1 740 000 $
• Frais de découvert: 1 560 000 $
• Frais de transaction ATM: 890 000 $
• Frais de transfert de fil: 510 000 $
• Autres frais de service: 500 000 $

Revenus de prêts hypothécaires

Les revenus des prêts hypothécaires pour 2023 étaient de 7,3 millions de dollars, avec la composition suivante:

Type hypothécaire	Revenus ($)
Origination hypothécaire résidentielle	4,620,000
Refinancement hypothécaire	2,160,000
Frais de service hypothécaire	520,000

Services d'investissement et de gestion de la patrimoine

Les revenus des services d'investissement pour 2023 s'élevaient à 3,9 millions de dollars:

• Services consultatifs: 1 850 000 $
• Frais de gestion du portefeuille: 1 250 000 $
• Services de planification de la retraite: 800 000 $

Frais de transaction bancaire numérique

Les frais de transaction bancaire numérique pour 2023 ont atteint 1,6 million de dollars:

Service numérique	Frais de transaction ($)
Transactions bancaires en ligne	890,000
Transactions bancaires mobiles	510,000
Traitement des paiements numériques	200,000

United Bancorp, Inc. (UBCP) - Canvas Business Model: Value Propositions

You're looking at the core reasons why clients choose United Bancorp, Inc. (UBCP) over the competition. It boils down to local presence backed by solid financial performance and a commitment to shareholders.

Full-service community banking with local decision-making

United Bancorp, Inc. operates through its single bank charter, Unified Bank, maintaining a physical presence with eighteen banking offices across Ohio and Marshall County in West Virginia. This structure supports local decision-making, which is key for community banking relationships. As of September 30, 2025, the company reported total assets of $866.8 million and total shareholders' equity of $66.5 million. The bank is actively focused on growing its asset base toward the $1.0 billion level. The bank also has ongoing infrastructure investments, such as the development of a new Wheeling Banking Center and a future Unified Center in St. Clairsville, Ohio. That's how you build local trust.

Comprehensive retail, commercial, mortgage, and wealth services

The value proposition includes a full suite of services. You get the basics like checking and savings accounts, plus more specialized offerings. For instance, gross loans surpassed a milestone, exceeding $500.7 million as of the second quarter of 2025, reflecting a 3.4% year-over-year growth. The company also highlights its Unified Mortgage Division expansion and wealth management services. Here's a quick look at some key operational metrics as of late 2025:

Metric	Value (as of late 2025)	Context
Total Assets (Sept 30, 2025)	$866.8 million	Balance sheet size
Gross Loans (Q2 2025)	$500.7 million	Loan portfolio size milestone
Net Interest Margin (Q3 2025)	3.66%	Profitability on interest-earning assets
Total Deposits (Sept 30, 2025)	$645.2 million	Funding base

Stable credit quality with nonperforming assets at 0.60% of total assets

Maintaining a clean loan book is central to stability. For the second quarter of 2025, United Bancorp, Inc. reported robust credit quality, with nonperforming assets at 0.60% of total assets. While this metric was reported at 0.66% as of September 30, 2025, both figures compare favorably to industry peers and remain well below historic levels. The company reported net loans charged off (excluding overdrafts) for the first nine months of 2025 annualized at (0.04%) of average loans. This discipline is a core offering.

Attractive shareholder returns via a regular cash dividend

United Bancorp, Inc. definitely emphasizes shareholder returns. The board has been consistently increasing payouts. For example, the regular cash dividend was increased by 5.7% year-over-year for the second quarter payment. The fourth quarter regular dividend declared was $0.1875 per share. The total cash dividends paid for the first nine months of 2025 reached $0.73 per share (including a special dividend). This supports an attractive yield profile:

• Annual Dividend (TTM): $0.93
• Reported Dividend Yield (as of late 2025): 6.94%
• Payout Ratio (TTM): 70.22%
• Next Ex-Dividend Date: December 10, 2025

Treasury Management programs for commercial cash flow needs

The bank is actively investing in services to support its commercial clients' liquidity. United Bancorp, Inc. announced the implementation of Treasury Management Programs as a strategic investment to support future growth. This is paired with technology investments and the scaling out of its Treasury Management service line. You can see the focus on commercial services in the deposit mix, where noninterest-bearing demand deposits-often used for business cash flow-increased by 8.5% year-over-year to $156.3 million as of September 30, 2025. The bank also deployed $21 million in excess reserves into municipal securities, aiming for a taxable equivalent yield of 6.1%, which helps manage overall balance sheet efficiency for clients.

United Bancorp, Inc. (UBCP) - Canvas Business Model: Customer Relationships

United Bancorp, Inc. (UBCP) operates a relationship-driven model designed for long-term retention, which is evident in its loan portfolio composition. The small-business oriented commercial portfolio, which is relationship-driven, accounts for approximately eighty percent (80%) of the total loans. So, the focus is clearly on deepening ties with commercial clients. As of September 30, 2025, gross loans expanded by 4.5% year-over-year to $496.5 million, showing the success of this lending focus. Furthermore, core customer funding, as seen in noninterest bearing demand balances, reached $156.3 million as of that same date, representing an 8.5% year-over-year increase of $12.3 million. That growth in core deposits helps fund the loan demand.

Dedicated personal service is delivered through a localized physical footprint. United Bancorp, Inc., through its single charter, Unified Bank, maintains eighteen banking centers across its service area. These centers serve Ohio Counties including Athens, Belmont, Carroll, Fairfield, Harrison, Jefferson, and Tuscarawas, plus Marshall County in West Virginia. This structure helps United Bancorp, Inc. combine the responsiveness and personalized touch of a community bank with the capabilities of a larger institution.

The strategy supports enhanced cross-selling and on-boarding practices, particularly within the commercial segment where the bank seeks to grow its asset-base toward a goal of $1.0 billion or greater in total assets, up from $866.8 million as of September 30, 2025. The bank offers a full suite of services including personal and business banking, loans, mortgages, and wealth management solutions, which are entry points for deeper relationship development.

For commercial clients, there's a high-touch support structure, especially around cash flow services. United Bancorp, Inc. had a stronger commitment to developing its Treasury Management function in 2024, which provides fee-based services in cash management and payments to commercial customers.

Here are the key metrics reflecting the customer and shareholder relationship focus as of late 2025:

Relationship Metric	Value	Date/Context
Banking Centers	18	As of September 30, 2025
Commercial Loans (% of Total Loans)	80%	Relationship-driven focus
Gross Loans	$496.5 million	As of September 30, 2025
Noninterest Bearing Demand Balances	$156.3 million	As of September 30, 2025
Y-o-Y Noninterest Deposit Growth	8.5%	Year-over-year as of September 30, 2025
Q4 2025 Declared Dividend per Share	$0.19	Shareholder relationship metric

The commitment to shareholders, a key relationship, is shown through consistent dividend increases. The fourth quarter 2025 dividend was declared at $0.19 per share, yielding a forward yield of 5.4%. This follows the third quarter 2025 payment of $0.1875 per share.

The operational structure supporting these relationships includes:

• Maintaining a strong regional focus in Ohio and West Virginia markets.
• Focusing on attracting more deposits to fund increased loan demand.
• Delivering digital banking platforms for remote account management.
• Achieving diluted earnings per share of $0.34 in Q3 2025.

United Bancorp, Inc. (UBCP) - Canvas Business Model: Channels

You're looking at how United Bancorp, Inc. (UBCP) physically and digitally reaches its customers as of late 2025. It's a mix of traditional community presence and necessary digital upgrades.

The core physical distribution network remains centered around its 18 brick-and-mortar banking centers in Ohio and West Virginia. Specifically, Unified Bank serves customers across the Ohio Counties of Athens, Belmont, Carroll, Fairfield, Harrison, Jefferson, and Tuscarawas, plus Marshall County in West Virginia, as of September 30, 2025.

The company is actively expanding its physical footprint with the new regional banking hub in Wheeling, West Virginia. As of the November 6, 2025 report, this highly-promising banking center was scheduled to open within the next few weeks. This construction, along with other investments in technology, has added to noninterest expense levels over the past twelve months.

For round-the-clock service, United Bancorp, Inc. relies on its online and mobile banking platforms for 24/7 access. Management has noted significant investment in technology and digital transformation as a key strategic initiative.

Specialized lending is channeled through the Unified Mortgage Division. This division is noted for generating higher fee income through the sale of secondary market products and increased interest income from portfolio loans. The expansion of this division is a stated strategic investment.

Here's a look at the scale of the business supporting these channels as of the third quarter of 2025:

Metric	Value (as of September 30, 2025)	Value (as of June 30, 2025)
Total Assets	$866.8 million	$847.9 million
Gross Loans	$496.5 million	Exceeded $500.7 million
Total Deposits	$645.2 million	$642.9 million
Net Interest Margin (NIM)	3.66%	3.65%

The physical and digital touchpoints are supported by the overall operational scale:

• Number of banking centers: 18.
• Net Income (Q3 2025): $1,931,000.
• Net Income (First Nine Months 2025): $5,717,000.
• Nonperforming Assets to Total Assets (Sep 30, 2025): 0.66%.
• Unified Mortgage net realized gain year-over-year (as of early 2025 report): Increase of $453,000.

The growth in loan volume, which surpassed the half-billion dollar threshold for the first time, is directly tied to these channels, including the business development efforts already in place for the upcoming Wheeling center. Finance: draft 13-week cash view by Friday.

United Bancorp, Inc. (UBCP) - Canvas Business Model: Customer Segments

United Bancorp, Inc. serves its customer base through its single bank charter, Unified Bank, focusing on a defined regional footprint.

The primary geographic and scale metrics defining the customer base as of late 2025, based on September 30, 2025, financial reporting, are detailed below:

Metric	Value as of September 30, 2025	Context
Total Assets	$866.8 million	Overall scale of the institution serving all segments.
Gross Loans	$496.5 million	Total lending activity across commercial, real estate, and consumer loans.
Total Deposits	$645.2 million	Total funding base from retail and commercial depositors.
Banking Centers	18	Physical presence for retail and local business service delivery.
Nonperforming Assets to Total Assets	0.66%	Indicator of overall credit quality across the loan portfolio segments.

Retail customers within regional Ohio and West Virginia counties form the foundational segment, supported by the physical network.

• Operating region includes Ohio Counties: Athens, Belmont, Carroll, Fairfield, Harrison, Jefferson, and Tuscarawas.
• Operating region includes West Virginia County: Marshall County.
• The company is headquartered in Martins Ferry, Ohio.

Small-to-midsize businesses (SMBs) needing commercial loans and deposits represent a core commercial segment.

The lending focus for this segment is evidenced by the composition of the gross loan portfolio.

• The loan portfolio includes commercial and real estate loans.
• Gross Loans totaled $496.5 million as of September 30, 2025.
• The bank competes with approximately 27 other commercial banking institutions in its main market of Belmont County, Ohio, based on June 30, 2024, deposit market share data.

Wealth management clients seeking investment services are served through specialized offerings.

• Key offerings include Retirement planning and Investment portfolio management.
• Trust and estate planning services are also provided.

Real estate investors and developers in the operating region are a specific subset of the lending customer base.

This group utilizes the bank's real estate lending capabilities, which contribute to the overall gross loan balance of $496.5 million.

The company also serves its shareholders, who are a distinct financial segment, as evidenced by its commitment to capital returns:

• Total cash dividends paid year-to-date (first nine months of 2025) amounted to $0.92 per share.
• The fourth quarter 2025 regular cash dividend was declared at $0.19 per share.

United Bancorp, Inc. (UBCP) - Canvas Business Model: Cost Structure

You're looking at the expense side of United Bancorp, Inc. (UBCP)'s operations as of late 2025. This is where the rubber meets the road on funding growth and maintaining service levels across their eighteen banking centers.

The cost of funding, specifically interest expense on deposits, is a major factor. For the period ending September 30th, 2025, the interest expense to average assets ratio stood at 1.80%. This figure reflects the cost of deposits in the current rate environment, though management expressed optimism about seeing a decline in total interest expense levels moving forward.

Personnel is another significant outlay. United Bancorp, Inc. supports its operations with a team of 126 employees, a number that remained steady as of December 31, 2024. While the exact personnel and compensation expense for 2025 isn't itemized here, it forms a core part of the overall noninterest expense base.

Credit quality management requires setting aside funds, which shows up as the provision for credit losses. For the third quarter of 2025, this provision was reported at $186,000. This was notably higher than the $70,000 provision set aside in the third quarter of the prior year. For the first nine months of 2025, the cumulative provision for credit loss expense reached $488,000.

The commitment to staying competitive means spending on the future. United Bancorp, Inc. has been making noninterest expense investments in strategic areas like the development and scaling of Unified Mortgage and Treasury Management Programs, plus general investment in new technology and digital transformation. The total noninterest expense for the third quarter of 2025 was $146.7 million, an 8% increase year-over-year.

Maintaining the physical footprint is a necessary cost. United Bancorp, Inc. operates through its subsidiary, Unified Bank, which has about 18 branches across its markets in Ohio and West Virginia. The occupancy and equipment costs for these centers are tracked closely. For the period ending June 30, 2025, the reported Occupancy and Equipment expense was $620 (in the filing's stated units).

Here's a look at some of the key expense components we can quantify from recent filings:

Cost Category	Reported Amount/Rate	Period/Context
Interest Expense to Average Assets	1.80%	As of Q3 2025
Provision for Credit Losses	$186,000	Q3 2025
Provision for Credit Losses (YTD)	$488,000	First Nine Months of 2025
Total Noninterest Expense	$146.7 million	Q3 2025
Occupancy and Equipment Cost	$620	As of June 30, 2025
Total Employees	126	As of December 31, 2024

You can see the pressure points in the cost structure:

• Interest expense on deposits at 1.80% of average assets.
• A rising provision for credit losses, hitting $186,000 in Q3 2025.
• Ongoing noninterest expense related to strategic technology and branch investments.
• The fixed cost base supporting 18 banking centers.

Finance: draft 13-week cash view by Friday.

United Bancorp, Inc. (UBCP) - Canvas Business Model: Revenue Streams

You're looking at the core ways United Bancorp, Inc. (UBCP) brings in money as of late 2025. It's heavily weighted toward traditional banking income, but fee-based services are chipping in more, too.

Net Interest Income (NII) from loans and securities remains the bedrock. For the third quarter ending September 30, 2025, United Bancorp, Inc. reported net interest income of $6.73 million. This represented a solid year-over-year increase of 9.6%. Looking at the longer trend, for the first nine months of 2025, the cumulative net interest income reached $19.57 million. Total interest income for the quarter was $10.6 million, up 7.0% year-over-year, supported by higher loan yields and growth in gross loans to $496.5 million.

The efficiency of that interest income generation is captured by the Net Interest Margin (NIM). United Bancorp, Inc.'s federal tax equivalent NIM was 3.66% in Q3 2025. This was an expansion of 16 basis points compared to the prior year period. On the funding side, interest expense to average assets was reported at 1.80% year-over-year for the quarter.

Here's a quick look at the core interest-driven revenue performance for Q3 2025:

Metric	Amount/Rate	Context
Net Interest Income (NII)	$6.73 million	Q3 2025
NII Year-over-Year Growth	9.6%	Q3 2025 vs. Q3 2024
Net Interest Margin (NIM)	3.66%	Federal Tax Equivalent, Q3 2025
Interest Expense to Average Assets	1.80%	Q3 2025
Nine-Month NII	$19.57 million	Nine Months Ended Sept 30, 2025

Beyond interest earnings, fee and service income contributes to the top line. You see this in the performance of Loan fees and service charges on deposit accounts. For the quarter, loan fees specifically saw a decline of 4.4%.

The broader category of Noninterest income showed strength, increasing 10.9% to reach $1.4 million in Q3 2025. This income stream includes various fee-based services. For instance, fees from brokerage services saw an increase of $1.4 million quarter-over-quarter, contributing to the overall noninterest income growth. While the specific revenue from fee-based Treasury Management services isn't broken out separately, it falls within this growing noninterest income bucket.

The final component mentioned relates to asset sales, though specific figures for the Net realized gain on the sale of loans from Unified Mortgage Division aren't explicitly detailed in the latest reports found. However, other noninterest income drivers were significant; for example, net gains on investment securities for Q3 2025 were reported at $10.4 million.

You can see the mix of fee-related revenue streams here:

• Total Noninterest Income (Q3 2025): $1.4 million
• Noninterest Income Year-over-Year Growth: 10.9%
• Loan Fees Change: Down 4.4%
• Fees from Brokerage Services Increase: $1.4 million (quarter-over-quarter)

Finance: draft 13-week cash view by Friday.