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United Bancshares Inc
105 Progressive Drive
Phone: (419) 659-2141p:419 659-2141 COLUMBUS GROVE, OH  45830  United States Ticker: UBOHUBOH
Business Summary
United Bancshares, Inc. is a financial holding company. Its principal subsidiary is The Union Bank Company (Union Bank). Its core business operations are conducted through its subsidiaries, Union Bank and UBC Risk Management, Inc. (UBC Risk Management). Union Bank is a full-service community bank offering a full range of commercial and consumer banking services. Union Bank offers a range of deposit services, including checking accounts, savings and money market accounts, certificates of deposit and individual retirement accounts. Wealth management services are offered by Union Bank through an arrangement with LPL Financial LLC, a registered broker/dealer. Union Bank’s loan products include commercial and residential real estate loans, agricultural loans, commercial and industrial loans, home equity loans, various types of consumer loans and others. UBC Risk Management is a captive insurance subsidiary that insures various liability and property damage policies for the Company.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
Yes--Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
3/31/202412/31/2022YesYes--Yes

Industries
SIC Code Description
6021 National commercial banks
6029 Commercial banks, not elsewhere classified
6712 Offices of bank holding companies

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board Daniel W.Schutt 75 1/1/2018 1/24/2005
President, Chief Executive Officer, Director Brian D.Young 56 7/19/2022 10/1/2001
Chief Financial Officer Klint D.Manz 39 7/19/2022 1/1/2021
5 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
UNION BANK CO 100 SOUTH HIGH STREET COLUMBUS GROVE OH US
The Ohio State Bank 111 South Main Street Marion OH United States

Business Names
Business Name
Las Vegas, Nevada
Nevada Corporation
Ohio State Bancshares Capital Trust 1
7 additional Business Names available in full report.

General Information
Number of Employees: 211 (As of 12/31/2022)
Outstanding Shares: 2,991,475 (As of 3/31/2024)
Shareholders: 989
Stock Exchange: OTC
Federal Tax Id: 341516518


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Sunday, April 28, 2024