United Bancorp Inc. (UBCP) Tuesday reported a decline in profit for the second quarter, due mainly to lower incomes.
The Martins Ferry, Ohio-based company's second-quarter net profit was $731 thousand, compared to $752 thousand last year. On a per-share basis, earnings were flat at $0.15.
Net interest income for the quarter dropped to $3.64 million from $3.99 million in the year-ago quarter. Total non-interest income slipped to $677 thousand from $894 thousand in the prior-year quarter.
Loan loss provisions for the quarter decreased to $167 thousand from $494 thousand last year.
Non-interest expense for the quarter decreased to $3.18 million from $3.47 million in the prior-year quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.