SECURITIES AND EXCHANGE COMMISSION

                                WASHINGTON, D.C.

                                   FORM 12B-25

                           NOTIFICATION OF LATE FILING

  (CHECK ONE):

      [ ] Form 10-K      [ ] Form 20-F     [X] Form 10-Q     [ ] Form N-SAR

For Period Ended:     June 30, 1999

[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR

For the Transition Period Ended: June 30, 1999

             Read Attached Instruction Sheet Before Preparing Form.
                              Please Print or Type.


     Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.

     If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates: NOT APPLICABLE

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PART I - REGISTRANT INFORMATION

   Full Name of Registrant:                 UNITED BANCSHARES, INC.

   Former Name if Applicable:               NOT APPLICABLE

   Address of Principal Executive Office
   (Street and Number)                      714 MARKET STREET,

   City, State and Zip Code                 PHILADELPHIA, PA  19106

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PART II - RULES 12B-25(B) AND (C) made.

If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed. (Check box if appropriate) [X]

      (a) The reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense;

      (b) The subject annual report, semi-annual report, transition report on
Form 10-K, Form 20-F, 11-K or Form N-SAR, or portion thereof will be filed on or
before the fifteenth calendar day following the prescribed due date or the
subject quarterly report or transition report on Form 10-Q, or portion thereof
will be filed on or before the fifth calendar day following the prescribed due
date; and
      (c) The accountant's statement or other exhibit required by Rule 12b-25(c)
has been attached if applicable.

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PART III - NARRATIVE

State below in reasonable detail the reasons why Form 10-K, 20-F, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof could not be filed within the
prescribed period.
                                        (Attach Extra Sheets if Needed)

      THE REGISTRANT IS IN THE PROCESS OF COMPLETING ITS 10-Q REPORT FOR FILING
UNDER THE EDGAR PROGRAM. THE FORM 10-Q WILL BE FILED IMMEDIATELY UPON THE
COMPLETION OF THE REPORT.




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PART IV - OTHER INFORMATION


      (1) Name and telephone number of person to contact in regard to
this notification

 ALLEN C. TUCCI, ESQUIRE                    (215)             665-0600
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       (Name)                            (Area Code)     (Telephone Number)

      (2) Have all other periodic reports required under section 13 or 15(d) of
the Securities Exchange Act of 1934 or section 30 of the Investment Company Act
of 1940 during the preceding 12 months or for such shorter period that the
registrant was required to file such report(s) been filed?

If the answer is no, identify report(s).  NOT APPLICABLE    [X] Yes     [ ] No

      (3) Is it anticipated that any significant change in results of
operations from the corresponding period for the last fiscal year
will be reflected by the earnings statements to be included in the
subject report or portion thereof?     NO

      If so, attach an explanation of the anticipated change, both narratively
and quantitatively, and, if appropriate, state the reasons why a reasonable
estimate of the results cannot be made.

                            UNITED BANCSHARES, INC.
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                  (Name of Registrant as specified in charter)

has caused this notification to be signed on its behalf by the
undersigned thereunto duly authorized.

Date:  August 12, 1999            By:   /s/ EMMA C. CHAPPELL
                                          -------------------------------
                                          Dr. Emma C. Chappell
                                          Chairman, President and
                                          Chief Executive Officer