聯合銀行公司
US ˙ NasdaqCM ˙ US9099111091

SecurityUBCP / United Bancorp, Inc.
InstitutionVanguard Group Inc
Latest Disclosed Ownership98,189 shares
Latest Disclosed Value $ 1,409,012
Vanguard Group Inc reports 2.98% increase in ownership of UBCP / United Bancorp, Inc.

On January 29, 2026 - Vanguard Group Inc filed a 13F-HR form disclosing ownership of 98,189 shares of United Bancorp, Inc. (US:UBCP) valued at $1,409,012 USD as of December 31, 2025. The entity filed a previous 13F-HR on November 7, 2025 disclosing 95,346 shares of United Bancorp, Inc.. This represents a change in shares of 2.98% during the quarter. The current value of the position is $1,578,879 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-01-29 2025-12-31 13F UNITED BANCORP INC OHIO COM 909911109 98,189 2,843 2.98 1,409 5.86 0.0000
2025-11-07 2025-09-30 13F UNITED BANCORP INC OHIO COM 909911109 95,346 7,605 8.67 1,332 1.14 0.0000
2025-08-11 2025-06-30 13F UNITED BANCORP INC OHIO COM 909911109 87,741 10,064 12.96 1,316 26.30 0.0000
2025-05-09 2025-03-31 13F UNITED BANCORP INC OHIO COM 909911109 77,677 8,251 11.88 1,042 16.55 0.0000
2025-02-11 2024-12-31 13F UNITED BANCORP INC OHIO COM 909911109 69,426 0 0.00 894 -1.87 0.0000
2024-11-13 2024-09-30 13F UNITED BANCORP INC OHIO COM 909911109 69,426 0 0.00 912 4.59 0.0000
2024-08-13 2024-06-30 13F UNITED BANCORP INC OHIO COM 909911109 69,426 33 0.05 871 -13.25 0.0000
2024-05-10 2024-03-31 13F UNITED BANCORP INC OHIO COM 909911109 69,393 19 0.03 1,004 12.81 0.0000
2024-03-11 2023-12-31 13F/A-1 UNITED BANCORP INC OHIO COM 909911109 69,374 413 0.60 891 11.81 0.0000
2024-02-14 2023-12-31 13F UNITED BANCORP INC OHIO COM 909911109 69,374 413 891 0.0000
2023-12-18 2023-09-30 13F/A-1 UNITED BANCORP INC OHIO COM 909911109 68,961 0 0.00 796 -3.52 0.0000
2023-11-14 2023-09-30 13F UNITED BANCORP INC OHIO COM 909911109 68,961 0 796 0.0000
2023-08-14 2023-06-30 13F UNITED BANCORP INC OHIO COM 909911109 68,961 0 0.00 825 -17.42 0.0000
2023-07-14 2023-03-31 13F/A-1 UNITED BANCORP INC OHIO COM 909911109 68,961 -6,101 -8.13 1,000 -9.51 0.0000
2023-05-15 2023-03-31 13F UNITED BANCORP INC OHIO COM 909911109 68,961 -6,101 1,000 0.0000
2023-02-10 2022-12-31 13F UNITED BANCORP INC OHIO COM 909911109 75,062 133 0.18 1,105 -8.31 0.0000
2022-11-14 2022-09-30 13F UNITED BANCORP INC OHIO COM 909911109 74,929 6,101 8.86 1,204 6.74 0.0000
2022-08-12 2022-06-30 13F UNITED BANCORP INC OHIO COM 909911109 68,828 774 1.14 1,128 -8.89 0.0000
2022-05-13 2022-03-31 13F UNITED BANCORP INC OHIO COM 909911109 68,054 -1,366 -1.97 1,238 7.09 0.0000
2022-02-14 2021-12-31 13F UNITED BANCORP INC OHIO COM 909911109 69,420 -298 -0.43 1,156 15.83 0.0000
2021-11-12 2021-09-30 13F UNITED BANCORP INC OHIO COM 909911109 69,718 0 0.00 998 0.40 0.0000
2021-08-13 2021-06-30 13F UNITED BANCORP INC OHIO COM 909911109 69,718 0 0.00 994 -0.50 0.0000
2021-05-14 2021-03-31 13F UNITED BANCORP INC OHIO COM 909911109 69,718 0 0.00 999 8.71 0.0000
2021-02-12 2020-12-31 13F UNITED BANCORP INC OHIO COM 909911109 69,718 0 0.00 919 4.91 0.0000
2020-11-16 2020-09-30 13F UNITED BANCORP INC OHIO COM 909911109 69,718 0 0.00 876 8.96 0.0000
2020-08-14 2020-06-30 13F UNITED BANCORP INC OHIO COM 909911109 69,718 0 0.00 804 4.69 0.0000
2020-05-15 2020-03-31 13F UNITED BANCORP INC OHIO COM 909911109 69,718 -23,427 -25.15 768 -42.34 0.0000
2020-02-14 2019-12-31 13F UNITED BANCORP INC OHIO COM 909911109 93,145 -9,110 -8.91 1,332 16.84 0.0000
2019-11-14 2019-09-30 13F UNITED BANCORP INC OHIO COM 909911109 102,255 -1,915 -1.84 1,140 -2.90 0.0000
2019-08-14 2019-06-30 13F UNITED BANCORP INC OHIO COM 909911109 104,170 -1,011 -0.96 1,174 2.89 0.0000
2019-05-15 2019-03-31 13F UNITED BANCORP INC OHIO COM 909911109 105,181 -33,469 -24.14 1,141 -26.24 0.0000
2019-02-14 2018-12-31 13F UNITED BANCORP INC OHIO COM 909911109 138,650 -2,504 -1.77 1,547 -16.65 0.0001
2018-12-13 2018-09-30 13F/A-2 UNITED BANCORP INC OHIO COM 909911109 141,154 -6,830 -4.62 1,856 -7.06 0.0001
2018-11-23 2018-09-30 13F/A-1 UNITED BANCORP INC OHIO COM 909911109 141,154 0 1,856 0.0001
2018-11-14 2018-09-30 13F UNITED BANCORP INC OHIO COM 909911109 141,154 -6,830 1,856
2018-08-14 2018-06-30 13F UNITED BANCORP INC OHIO COM 909911109 147,984 -36,011 -19.57 1,997 -13.85 0.0001
2018-05-15 2018-03-31 13F UNITED BANCORP INC OHIO COM 909911109 183,995 -11,572 -5.92 2,318 -10.54 0.0001
2018-02-14 2017-12-31 13F UNITED BANCORP INC OHIO COM 909911109 195,567 -12,916 -6.20 2,591 5.33 0.0001
2017-11-14 2017-09-30 13F UNITED BANCORP INC OHIO COM 909911109 208,483 -2,010 -0.95 2,460 -4.58 0.0001
2017-08-24 2017-06-30 13F/A-1 UNITED BANCORP INC OHIO COM 909911109 210,493 0 0.00 2,578 2.06 0.0001
2017-08-11 2017-06-30 13F UNITED BANCORP INC OHIO COM 909911109 210,493 0 2,578
2017-05-12 2017-03-31 13F UNITED BANCORP INC OHIO COM 909911109 210,493 0 0.00 2,526 -11.12 0.0001
2017-02-14 2016-12-31 13F UNITED BANCORP INC OHIO COM 909911109 210,493 0 0.00 2,842 24.21 0.0002
2016-11-14 2016-09-30 13F UNITED BANCORP INC OHIO COM 909911109 210,493 61,652 41.42 2,288 57.36 0.0001
2016-08-10 2016-06-30 13F UNITED BANCORP INC OHIO COM 909911109 148,841 87,141 141.23 1,454 159.64 0.0001
2016-05-13 2016-03-31 13F UNITED BANCORP INC OHIO COM 909911109 61,700 197 0.32 560 -5.25 0.0000
2016-02-08 2015-12-31 13F UNITED BANCORP INC OHIO COM 909911109 61,503 300 0.49 591 4.97 0.0000
2015-11-12 2015-09-30 13F/A-1 UNITED BANCORP INC OHIO COM 909911109 61,203 0 0.00 563 2.55 0.0000
2015-11-12 2015-09-30 13F/A-1 UNITED BANCORP INC OHIO COM 909911109 61,203 0 563 0.0000
2015-08-13 2015-06-30 13F UNITED BANCORP INC OHIO COM 909911109 61,203 0 0.00 549 13.43 0.0000
2015-05-15 2015-03-31 13F/A-1 UNITED BANCORP INC OHIO COM 909911109 61,203 600 0.99 484 -3.20 0.0000
2015-05-14 2015-03-31 13F UNITED BANCORP INC OHIO COM 909911109 61,203 484
2015-02-12 2014-12-31 13F UNITED BANCORP INC OHIO COM 909911109 60,603 0 0.00 500 2.04 0.0000
2014-11-12 2014-09-30 13F UNITED BANCORP INC OHIO COM 909911109 60,603 0 0.00 490 -0.61 0.0000
2014-08-11 2014-06-30 13F UNITED BANCORP INC OHIO COM 909911109 60,603 8,700 16.76 493 12.05 0.0000
2014-05-13 2014-03-31 13F UNITED BANCORP INC OHIO COM 909911109 51,903 9,046 21.11 440 27.91 0.0000
2014-02-12 2013-12-31 13F UNITED BANCORP INC OHIO COM 909911109 42,857 0 0.00 344 20.28 0.0000
2013-11-07 2013-09-30 13F UNITED BANCORP INC OHIO COM 909911109 42,857 0 0.00 286 -5.92 0.0000
2013-08-13 2013-06-30 13F UNITED BANCORP INC OHIO COM 909911109 42,857 42,857 304 0.0000
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.