UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 18, 2012
UNITED BANCORP, INC.
(Exact name of registrant as specified in its charter)
Ohio | 0-16540 | 34-1405357 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) | ||
201 South 4th Street, Martins Ferry, Ohio |
43935-0010 | |||
(Address of principal executive offices) | (Zip Code) |
Registrants telephone number, including area code: (740) 633-0445
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 2.02. Results of Operations and Financial Condition.
On April 19, 2012, United Bancorp, Inc. issued a press release announcing the voting results from its annual meeting held on April 18, 2012, which press release also announced the Companys total assets and total shareholders equity as of the three month period ended March 31, 2012, unaudited. The press release is furnished as Exhibit No. 99 and incorporated herein by reference.
Item 5.07. Submission of Matters to a Vote of Securities Holders.
The Annual Meeting of Shareholders of United Bancorp, Inc. was held on April 18, 2012. The only matters decided by a vote of the shareholders were:
1. | The election of the following Directors to a new term of office to serve until the next annual meeting of stockholders: |
Votes Cast For |
Votes Withheld |
Broker Non-Votes |
||||||||||
James W. Everson |
2,525,405.40 | 25,827.00 | 1,439,620.00 | |||||||||
Scott A. Everson |
2,524,513.40 | 26,719.00 | 1,439,620.00 | |||||||||
John M. Hoopingarner |
2,520,773.40 | 30,459.00 | 1,439,620.00 | |||||||||
Samuel J. Jones |
2,526,230.40 | 25,002.00 | 1,439,620.00 | |||||||||
Terry A. McGhee |
2,526,520.40 | 24,712.00 | 1,439,620.00 | |||||||||
Matthew C. Thomas |
2,455,121.52 | 96,110.88 | 1,439,620.00 | |||||||||
Richard L. Riesbeck |
2,526,769.40 | 24,463.00 | 1,439,620.00 |
2. | The ratification of the Audit Committees appointment of BKD, LLP to serve as the Companys Independent Registered Public Accounting Firm for the 2012 fiscal year. |
Votes Cast For |
Votes Cast Against |
Votes Abstained |
Broker Non-Votes |
|||||||||
3,961,244.40 |
26,897.00 | 711.00 | 2,000.00 |
Item 9.01. Financial Statements and Exhibits.
(d) | Exhibits |
The following exhibits are furnished herewith:
Exhibit |
Exhibit Description | |
99 | Press release dated April 19, 2012 |
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: April 23, 2012 | UNITED BANCORP, INC. | |||||
/s/ Randall M. Greenwood | ||||||
| ||||||
Randall M. Greenwood | ||||||
Senior Vice President and | ||||||
Chief Financial Officer |
Exhibit Index
Exhibit |
Exhibit Description | |
99 | Press release dated April 19, 2012. |
Exhibit 99
United Bancorp, Inc.
P. O. BOX 10 MARTINS FERRY, OHIO 43935 Phone: 740/633-BANK Fax: 740/633-1448
We are United to Better Serve You
PRESS RELEASE
United Bancorp, Inc.
201 South 4th at Hickory Street, Martins Ferry, OH 43935
Contact: James W. Everson Randall M. Greenwood
Chairman, President and CEO Senior Vice President, CFO and Treasurer
Phone: (740) 633-0445 Ext. 6120 (740) 633-0445 Ext. 6181
ceo@unitedbancorp.com cfo@unitedbancorp.com
FOR IMMEDIATE RELEASE: 11:00 AM April 19, 2012
Subject: | United Bancorp, Inc. Declares a Regular Cash Dividend Payment of $0.14 per Share and Reports on Annual Shareholder Meeting |
MARTINS FERRY, OHIO ¿¿¿ On April 18, 2012, the Board of Directors of United Bancorp, Inc. (UBCP) declared the second quarter dividend payment of $0.14 per share for shareholders of record on May 21, 2012 with a payment date of June 20, 2012. Payment is to be paid out of the account which is represented on the Companys balance sheet included in the periodic reports filed with the Securities and Exchange Commission as Retained Earnings. This payment is equal to the cash dividend paid in the first quarter of last year.
James W. Everson, Chairman, President and CEO announced the Shareholders of UBCP at the Annual Meeting held that date elected Directors for the following year including himself; Scott A. Everson, President and CEO, The Citizens Savings Bank, Martins Ferry; John M. Hoopingarner, Executive Director, Muskingum Watershed Conservancy District, New Philadelphia; Samuel J. Jones, Athletic Club Owner, Glouster; Terry A. McGhee, President and CEO, Westerman, Inc., Bremen; Matthew C. Thomas, President, M.C. Thomas Insurance Agency, Bridgeport and Richard L. Riesbeck, President, Riesbeck Food Markets, Inc., St. Clairsville.
The following officers were appointed at the UBCP Reorganization Meeting: James W. Everson, Chairman, President & Chief Executive Officer; Scott A. Everson, Executive Vice PresidentChief Operating Officer; Randall M. Greenwood, Sr. Vice PresidentChief Financial Officer & Treasurer; Seth R. Abraham, Vice President Chief Human Resource Officer; Matthew F. Branstetter, Vice President Chief Lending Officer; Elmer K. Leeper, Vice President Chief Retail Banking Officer; Michael A. Lloyd, Vice President Chief Information Officer and Lisa A. Basinger, Corporate Secretary. Richard L. Riesbeck was appointed Lead Director of the Board.
United Bancorp, Inc. is headquartered in Martins Ferry, Ohio with total assets of approximately $430.7 million and total shareholders equity of approximately $36.2 million as of March 31, 2012. Through its single bank charter with its twenty banking offices and an operations center, The Citizens Savings Bank through its Community Bank Division serves the Ohio Counties of Athens, Fairfield and Hocking and through its Citizens Bank Division serves Belmont, Carroll, Harrison, Jefferson and Tuscarawas. United Bancorp, Inc. is a part of the Russell Microcap Index and trades on The NASDAQ Capital Market tier of the NASDAQ Stock Market under the symbol UBCP, Cusip #909911109.