United Bancorp, Inc. announced unaudited earnings results for the fourth quarter and year ended December 31, 2017. For the quarter, the company reported interest income on loans of $4,125,937 compared to $3,917,550 a year ago. Total interest income was $4,590,339 compared to $4,243,886 a year ago. Net interest income was $4,152,306 compared to $3,803,198 a year ago. Net interest income after provision for loan losses was $4,127,307 compared to $3,809,615 a year ago. Income before income taxes was $1,503,425 against $1,333,705 a year ago. Net income was $779,844 compared to $901,235 a year ago. Earnings per basic and diluted common share was $0.16 compared to $0.18 a year ago. For the year, the company reported interest income on loans of $15,901,522 compared to $15,185,245 a year ago. Total interest income was $17,651,472 compared to $16,635,134 a year ago. Net interest income was $15,887,987 compared to $14,851,141 a year ago. Net interest income after provision for loan losses was $15,787,991 compared to $14,550,311 a year ago. Income before income taxes was $5,589,956 against $5,160,870 a year ago. Net income was $3,546,249 compared to $3,580,579 a year ago. Earnings per diluted common share was $0.71 compared to $0.71 a year ago. Book value (end of period) was $9.02 compared to $8.36 a year ago. Return on average assets was 0.79% compared to 0.86% a year ago. Return on average equity was 8.03% compared to 8.40% a year ago.