UNITED BANCSHARES INC /PA Financial Statements (2026 and earlier)
Company Profile
| Business Address |
30 S. 15TH STREET PHILADELPHIA, PA 19102 |
| State of Incorp. | PA |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6022 - State Commercial Banks (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2019 MRQ | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 8,438 | 11,671 | 7,803 | 10,782 | 3,237 | 5,790 | |||
| Cash and cash equivalent | 8,438 | 11,671 | 7,803 | 10,782 | 3,237 | 5,790 | |||
| Total current assets: | 8,438 | 11,671 | 7,803 | 10,782 | 3,237 | 5,790 | |||
| Noncurrent Assets | |||||||||
| Nontrade receivables | 153 | 141 | 175 | 250 | ✕ | ||||
| Property, plant and equipment | 163 | 303 | 380 | 493 | 549 | 649 | |||
| Intangible assets, net (including goodwill) | (2,449) | ||||||||
| Intangible assets, net (excluding goodwill) | (2,449) | ||||||||
| Total noncurrent assets: | 163 | 457 | 522 | 668 | 799 | (1,800) | |||
| Other undisclosed assets | 41,593 | 46,881 | 45,288 | 47,534 | 56,429 | 56,762 | |||
| TOTAL ASSETS: | 50,195 | 59,009 | 53,612 | 58,984 | 60,464 | 60,751 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Other liabilities | 145 | ||||||||
| Total current liabilities: | 145 | ||||||||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 48,290 | 55,728 | 50,952 | 56,304 | 57,284 | 57,541 | |||
| Total liabilities: | 48,435 | 55,728 | 50,952 | 56,304 | 57,284 | 57,541 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 1,760 | 3,281 | 2,660 | 2,680 | 3,181 | 3,210 | |||
| Common stock | 8 | ||||||||
| Additional paid in capital | 15,678 | 15,678 | 14,753 | 14,753 | 14,750 | 14,750 | |||
| Accumulated other comprehensive loss | (93) | (57) | (64) | (19) | (13) | (327) | |||
| Accumulated deficit | (13,835) | (12,349) | (12,038) | (12,063) | (11,568) | (11,225) | |||
| Other undisclosed equity, attributable to parent | 1 | 9 | 9 | 9 | 12 | 12 | |||
| Total equity: | 1,760 | 3,281 | 2,660 | 2,680 | 3,181 | 3,210 | |||
| TOTAL LIABILITIES AND EQUITY: | 50,195 | 59,009 | 53,612 | 58,984 | 60,464 | 60,751 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 3,572 | 2,901 | 3,376 | 3,439 | 3,551 | |||
| Gain on disposition of assets for financial service operations | 366 | 387 | 732 | ✕ | ✕ | ✕ | ||
| Net investment income | 2,564 | 2,418 | 2,435 | 2,408 | 2,697 | |||
| Financial services revenue | ✕ | ✕ | 945 | 769 | ||||
| Cost of revenue | (517) | (162) | (75) | |||||
| Cost of product and service sold | (200) | |||||||
| Provision for loan, lease, and other losses | (317) | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Financial services costs | ✕ | ✕ | (162) | (75) | ||||
| Gross profit: | 3,055 | 2,901 | 3,376 | 3,439 | 3,389 | (75) | ||
| Operating expenses | (3,332) | (1,936) | (2,037) | (3,635) | (4,237) | (2,472) | ||
| Other operating income, net (Noninterest Income, Other Operating Income) | 154 | 151 | 150 | 153 | ||||
| Operating income (loss): | (277) | 1,119 | 1,490 | (45) | (695) | (2,548) | ||
| Nonoperating income (expense) | 5 | (3) | (17) | 11 | (8) | |||
| Investment income, nonoperating | (7) | |||||||
| Gains (losses) on sales of other real estate | 12 | (3) | (17) | 11 | (8) | |||
| Interest and debt expense | (78) | (72) | (66) | (69) | (73) | (84) | ||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (1,367) | (1,396) | (363) | 414 | 1,970 | |||
| Income (loss) from continuing operations: | (350) | (319) | 25 | (495) | (343) | (669) | ||
| Income (loss) before gain (loss) on sale of properties: | (350) | (319) | 25 | (495) | (343) | (669) | ||
| Other undisclosed net loss | (1,136) | |||||||
| Net income (loss) attributable to parent: | (1,486) | (319) | 25 | (495) | (343) | (669) | ||
| Other undisclosed net loss available to common stockholders, basic | (319,107) | |||||||
| Net income (loss) available to common stockholders, diluted: | (1,486) | (319,426) | 25 | (495) | (343) | (669) | ||
Comprehensive Income ($ in thousands)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (1,486) | (319) | 25 | (495) | (343) | (669) | ||
| Other comprehensive income (loss) | (35) | 15 | (44) | (6) | 314 | (361) | ||
| Comprehensive loss, net of tax, attributable to parent: | (1,521) | (304) | (20) | (501) | (29) | (1,030) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.