| Business Summary | | United
Bancshares,
Inc.
is
a
bank
holding
company,
which
through
its
subsidiaries
is
engaged
in
the
business
of
commercial
banking.
The
Company's
subsidiaries
include
The
Union
Bank
Company,
Columbus
Grove,
Ohio;
The
Bank
of
Leipsic
Company,
Leipsic,
Ohio;
and
Citizens
Bank
of
Delphos,
Delphos,
Ohio.
The
Union
Bank
Company,
The
Bank
of
Leipsic
Company,
and
Citizens
Bank
of
Delphos
all
offer
a
full
range
of
commercial
banking
services,
including
checking
and
NOW
accounts;
passbook
savings
and
money
market
accounts;
time
certificates
of
deposit;
automatic
teller
machines;
commercial,
consumer,
agricultural,
residential
mortgage
loans
and
home
equity
loans;
credit
card
services;
safe
deposit
box
rentals;
and
other
personalized
banking
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | United
Bancshares
is
a
bank
holding
company
located
in
Ohio.
Subsidiaries
include
the
Union
Bank
Co.,
the
Bank
of
Leipsic
Co.
and
the
Citizens
Bank
of
Delphos.
For
the
six
months
ended
6/30/01,
int.
income
increased
43%
to
$13
million.
Net
int.
income
after
loan
loss
prov.
increased
31%
to
$5.3
million.
Net
income
rose
21%
to
$1.3
million.
Results
reflect
higher
average
asset
balances,
partially
offset
by
higher
interest
rates.
Net
income
reflects
increased
gains
on
the
sales
of
loans. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| James Reynolds, 63 Chairman | -- | E. Eugene Lehman, 59 Pres,
CEO, Director | $146K | Daniel Schutt, 53 Pres,
COO & Chief Loan Officer of The Union Bank, Director | 132K | Bonita Selhorst, 54 Sec. | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|