United Bancshares

United Bancshares, Inc. is an Ohio-based financial holding company, organized in 1985 and headquartered in Columbus Grove, Ohio. As of December 31, 2022, the company had consolidated total assets of $1.1 billion and approximately 211 full-time equivalent employees. Its common stock has traded on the OTCQX Market under the symbol "UBOH" since August 2022. The company's core business operations are conducted through its principal operating subsidiary, The Union Bank Company, an Ohio state-chartered commercial bank. Union Bank is a full-service community bank that provides a comprehensive range of commercial and consumer banking services. Deposit services include checking accounts, savings and money market accounts, certificates of deposit, and individual retirement accounts. Additional services offered are online banking, bill pay, mobile banking, Zelle payment service, ATMs, and safe deposit box rentals. Commercial deposit customers also have access to treasury management and remote deposit capture products. Loan products offered by Union Bank include commercial and residential real estate loans, agricultural loans, commercial and industrial loans, home equity loans, various types of consumer loans, and Small Business Administration loans. The company's residential loan activities primarily involve loans for purchasing or refinancing personal residences, with the majority of these loans being sold to the secondary market.