- United Bancshares press release ( OTC:UBOH ): Q3 GAAP EPS of $0.94.
- Revenue of $12.15M (-16.9% Y/Y).
- For the quarter ended September 30, 2022, non-interest expenses were $8,865,000, compared to $9,680,000 for the comparable quarter of 2021, a $815,000 decrease. The significant quarter-over-quarter decreases include salaries and benefits of $604,000 (11.2%), a result of lower mortgage loan commissions, loan origination expenses of $219,000 (46.8%), data processing expense of $125,000 (21.2%), and advertising and promotional expense of $119,000 (21.1%), offset by increases in exam and auditing expense of $61,000 (42.3%), and legal fees of $58,000 (190.9%).
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United Bancshares GAAP EPS of $0.94, revenue of $12.15M