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United Bancorp UBCP Bank Owned Life Insurance

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Other financials

Income statement

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Revenue$721.0K
Net income$1.9M+2.1%
EPS (diluted)$0.33+3.1%

Balance sheet

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Cash & equivalents$27.2M-25.2%
Total debt$3.0M+2.2%
Total equity$67.5M+11.0%
Total assets$858.5M+3.3%

Cash flow

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Operating cash flow$266.0K-75.0%
CapEx$2.0M+23.3%
Free cash flow-$1.8M-199%

Valuation

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Market cap$91.8M+21.2%
Enterprise value$67.52M+126%
P/E11.8×+1.6×
P/S33.2×

Profitability

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Net margin33.1%
FCF margin31.5%

Returns & leverage

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Return on equity12.1%+0.4pp
Debt / equity0.0×

Where this comes from

Reported directly by United Bancorp in its filing.

Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.

The official record: United Bancorp’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is United Bancorp's bank owned life insurance?
United Bancorp (UBCP) reported bank owned life insurance of $38.24M in Q1 2026.
How has United Bancorp's bank owned life insurance changed year-over-year?
United Bancorp's bank owned life insurance increased by 91.6% year-over-year, from $19.95M to $38.24M.
What is the long-term trend for United Bancorp's bank owned life insurance?
Over 5 years (2020 to 2025), United Bancorp's bank owned life insurance has grown at a 11.3% compound annual growth rate (CAGR), from $18.11M to $30.92M.
What does bank owned life insurance mean?
This represents the cash surrender value of life insurance policies purchased by the bank on the lives of key employees or directors. The bank acts as the beneficiary, using the policy as a tax-advantaged vehicle to offset the costs of employee benefit programs. It serves as a stable, long-term asset that provides supplemental income.