| Business Summary | | United
Bancorp,
Inc.
is
a
financial
holding
company
that
has
two
wholly
owned
subsidiary
banks:
The
Citizens
Savings
Bank,
Martins
Ferry,
Ohio
and
The
Community
Bank,
Lancaster,
Ohio.
The
Company's
Banks
are
located
in
northeastern,
eastern,
and
southeastern
Ohio
and
are
engaged
in
the
business
of
commercial
and
retail
banking
in
Belmont,
Harrison,
Jefferson,
Tuscarawas,
Carroll,
Athens,
Hocking,
and
Fairfield
counties
and
the
surrounding
localities.
The
Banks
provide
a
broad
range
of
banking
and
financial
services,
which
include
accepting
demand,
savings
and
time
deposits
and
granting
commercial,
real
estate
and
consumer
loans. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | United
Bancorp,
Inc.
is
a
multi-bank
holding
co.
with
two
subsidiary
banks,
The
Citizens
Savings
Bank,
The
Citizens-State
Bank
and
The
Community
Bank.
For
the
six
months
ended
6/30/01,
interest
income
rose
10%
to
$12.5
million.
Net
interest
income
after
LLP
rose
3%
to
$5.6
million.
Net
income
rose
5%
to
$1.3
million.
Net
interest
income
reflects
increased
earning
assets,
partially
offset
by
higher
time
deposits.
Net
income
reflects
a
strong
performance
at
Citizen. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| James Everson, 62 Chairman,
Pres and CEO | $223K | Randall Greenwood, 36 CFO,
VP, Treasurer | -- | Alan Hooker, 49 Exec.
VP - Admin. | 116K | Norman Assenza, Jr., 54 VP
- Operations and Sec. | -- | James Lodes, 54 VP
- Lending | -- | 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
|
|