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April 25, 2015 9:20 AM ET


Company Overview of United Bancshares, Inc.

Company Overview

United Bancshares, Inc. operates as the holding company for United Bank of Philadelphia that provides commercial and consumer banking services to businesses and consumers in the United States. Its deposit products include checking, interest-bearing NOW, money market, savings, and individual retirement accounts, as well as certificates of deposit. The company’s loan products comprise residential mortgage loans; consumer loans, including home equity loans and lines of credit; small business lending; construction loans; commercial and industrial loans; and commercial real estate loans. In addition, it offers safe deposit boxes, money orders, direct deposit of payroll and social security checks,...

The Graham Building

Suite 1200

30 South 15th Street

Philadelphia, PA 19102

United States

Founded in 1992

26 Employees



Key Executives for United Bancshares, Inc.

Chief Executive Officer, President, Director, Member of Executive Committee, Chief Executive Officer of United Bank of Philadelphia, President of United Bank of Philadelphia and Director of United Bank of Philadelphia
Age: 69
Chief Financial Officer, Executive Vice President and Treasurer
Age: 39
Secretary, Director, Member of Audit/Compliance Committee, Member of Executive Committee and Director of United Bank of Philadelphia
Age: 69
Compensation as of Fiscal Year 2014.

United Bancshares, Inc. Key Developments

United Bancshares, Inc. announced delayed annual 10-K filing

On 03/31/2015, United Bancshares, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.

United Bancshares Inc., Annual General Meeting, Dec 12, 2014

United Bancshares Inc., Annual General Meeting, Dec 12, 2014., at 09:00 US Eastern Standard Time. Location: African American Museum of Philadelphia. Agenda: To elect three (3) Class C directors to serve until the expiration of their four year terms; to ratify the appointment of McGladrey LLP as it’s independent registered public accounting firm for the year 2014; and to consider the such other business as may properly come before the meeting or any adjournment thereof.

United Bancshares Inc. Auditor Raises 'Going Concern' Doubt

United Bancshares Inc. filed its 10-K on Mar 31, 2014 for the period ending Dec 31, 2013. In this report its auditor, McGladrey LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

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