Wednesday, Jun 20, 2018
One of America's Great Newspapers ~ Toledo, Ohio


United Bancshares' profit increases

COLUMBUS GROVE - United Bancshares Inc., parent of Union Bank in northwest Ohio, reported a first-quarter profit yesterday of nearly $1.1 million, or 29 cents a share, compared with $845,000, or 23 cents a share, for the period a year earlier.

Net interest income increased to $4.4 million from $3.7 million, the provision for loan losses was increased to $150,000 from $75,000 in the year-ago period, and assets were $553 million, compared with $559 million at the end of last year.

The company also declared a dividend of 12 cents a share, payable June 15 to shareholders of record May 31.

Points of Interest
Click to comment

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2018 Toledo Blade

To Top

Fetching stories…