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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 of The Union Bank Company (Union). Union is engaged in the business of commercial banking. Union is an Ohio state-chartered bank, which serves Allen, Delaware, Franklin, Marion, Hancock, Paulding, Putnam, Sandusky, Van Wert and Wood Counties, with office locations in Bowling Green, Columbus Grove, Delphos, Findlay, Gahanna, Gibsonburg, Kalida, Leipsic, Lewis Center, Lima, Marion, New Haven, Ottawa, Paulding, Pemberville, Westerville, and Worthington. The bank offers a range of commercial banking services, including checking, savings, money market accounts, time certificates of deposit, automatic teller machines; commercial, consumer, agricultural, residential mortgage loans and home equity loans; online and mobile banking; remote and mobile deposit; safe deposit box rentals, and other personalized banking services. Its personal banking services include checking option, savings option, digital banking options, Zelle, and others.
(Source: 10-K405)

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
12/31/202412/31/2022YesYes--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
Ohio State Bancshares Capital Trust 1
OHIO STATE BANK
The Union Bank Company
5 additional Business Names available in full report.

General Information
Number of Employees: 211 (As of 12/31/2022)
Outstanding Shares: 2,964,007 (As of 12/31/2024)
Shareholders: 989
Stock Exchange: OTC
Federal Tax Id: 341516518


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Tuesday, January 28, 2025