State Ledger
Company profile

UNITED BANCSHARES INC/OH CIK 1087456

Industry
National Commercial Banks
Headquarters
Columbus Grove, OH 45830
Fiscal year end
2022 (FY)
Key Financials
Revenue
—
Net income
$11.31M
Total assets
$1.09B
Total liabilities
$1.00B
Stockholders' equity
$82.69M
Cash & equivalents
$30.68M
Operating income
—
Operating cash flow
$16.78M
Capital expenditures
$3.58M

Fiscal year 2022, via 10-K filed 2023-03-13. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
—
Net margin
—
Free cash flow
$13.20M
Free cash flow margin
—
Liabilities / assets
92.4%
Equity / assets
7.6%
CapEx / revenue
—
Operating cash flow / net income
1.48×

Derived from the fiscal year 2022 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2022 — $11.31M $1.09B $1.00B $82.69M
2021 — $13.58M $1.08B $957.46M $119.10M
2020 — $13.76M $978.53M $866.93M $111.60M
2019 — $10.66M $880.01M $785.23M $94.78M
2018 — $8.22M $830.30M $749.36M $80.94M
Company Details
SIC code
6021
State of incorporation
OH
Active filer
Yes
Most recent SEC filing
Form D
2026-05-13
Financials filed via
Form 10-K
filed 2023-03-13

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Columbus Grove, OH 45830
105 PROGRESSIVE DRIVE
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:50 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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