United Bancshares Inc/oh: management transactions · United States · SEC (Form 4)

About United Bancshares Inc/oh

United Bancshares, Inc. (ticker: UBOH) is a United States-based regional banking holding company whose shares are quoted on the OTCQX market rather than on NYSE or NASDAQ. For international investors, the company should be viewed primarily as a community bank franchise with a narrow geographic footprint in Ohio, not as a large diversified U.S. banking group. Its operating subsidiary is The Union Bank Company, and the organization traces its roots to 1904, when the banking business serving local communities was established. The company’s headquarters are in Columbus Grove, Ohio, United States. ([ir.theubank.com](https://ir.theubank.com/corporate-profile/corporate-profile/default.aspx)) The core business model is straightforward: gather deposits locally and deploy them into loans for households, small businesses, farmers, and real estate borrowers. The product set includes checking accounts, savings accounts, money market accounts, certificates of deposit, automated teller machine access, commercial loans, consumer loans, agricultural loans, residential mortgage loans, and home equity loans. Union Bank also provides online banking, mobile banking, remote deposit capture, mobile deposit, safe deposit boxes, and other personalized banking services. This mix underscores a relationship-driven community banking approach, with an emphasis on service quality, local decision-making, and customer retention. ([ir.theubank.com](https://ir.theubank.com/corporate-profile/corporate-profile/default.aspx)) Geographically, the franchise is concentrated in northwest and central Ohio. The bank serves Allen, Delaware, Franklin, Marion, Hancock, Paulding, Putnam, Sandusky, and Wood counties, with office locations in Bowling Green, Columbus Grove, Delphos, Findlay, Gibsonburg, Kalida, Leipsic, Lewis Center, Lima, Marion, Ottawa, Paulding, and Pemberville. It also operates Interactive Teller Machines at branch locations and additional ITM-only sites in selected towns. That limited footprint constrains scale, but it also provides strong local market knowledge and a loyal retail and small-business customer base. ([ir.theubank.com](https://ir.theubank.com/corporate-profile/corporate-profile/default.aspx)) From a competitive perspective, UBOH competes in the U.S. community banking segment, where success depends on deposit franchise stability, credit discipline, pricing power, and operating efficiency rather than nationwide reach. In its January 2025 results release, the company reported loan growth of $58.2 million year over year and deposit growth of $118.3 million, alongside a quarterly dividend of $0.22 per share. Management also highlighted stable asset quality, with non-performing and classified loans remaining steady and charge-offs at historically low levels through year-end 2024. ([prnewswire.com](https://www.prnewswire.com/news-releases/united-bancshares-inc-announces-fourth-quarter-and-full-year-2024-results-and-0-22-dividend-302359134.html)) Overall, United Bancshares presents as a mature, locally anchored banking franchise with a long operating history, a conservative product profile, and a balance-sheet-sensitive earnings model. The investment case is tied to Ohio community banking fundamentals, interest-rate conditions, and continued execution in deposit gathering and credit management. ([ir.theubank.com](https://ir.theubank.com/corporate-profile/corporate-profile/default.aspx))