United Bancorp, Inc. $(UBCP)$ reported its financial results for the first quarter ended March 31, 2025. The company achieved net income of $1.872 million and diluted earnings per share of $0.32. These figures represent respective decreases of $121,000, or 6.1%, and $0.03, or 8.6%, compared to the first quarter of the previous year. However, on a linked-quarter basis, net income and earnings per share increased by $23,000 and $0.01, respectively. Interest income on loans rose to $7.104 million, a 7.26% increase from $6.624 million in the same quarter of the previous year, reflecting a positive trend in the company's lending operations. The results also included a net realized gain on the sale of available-for-sale securities, which contributed approximately $113,000 to net income and $0.02 to diluted earnings per share. During the past twelve months, United Bancorp has undertaken several transformative projects, including the construction of a new Wheeling Banking Center and the development and expansion of Unified operations, which have contributed to increased noninterest expenses.
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