United Bancorp (UBCP) Reports First Half 2008 Earnings

July 14, 2008 12:07 PM EDT

United Bancorp, Inc. (Nasdaq: UBCP) reported continued earnings improvement with net earnings of $1,928,000 for the six months ended June 30, 2008 compared to $1,482,000 for the six months ended June 30, 2007. On a per share basis, the Company's six months diluted earnings were $0.42 for 2008, as compared to $0.32 for 2007, an increase of 31%.

United Bancorp, Inc. is a bank holding company for its wholly owned subsidiary bank, The Citizens Savings Bank (CITIZENS or the Bank) located in Martins Ferry, Ohio.[SM]


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