Condensed Financial Information of Parent Company Only Disclosure: Condensed Balance Sheets (Tables)

12 Months Ended

Dec. 31, 2012

Tables/Schedules

Condensed Balance Sheets

Condensed Balance Sheets

(Dollars in thousands)	2012	2011
Assets:
Cash and cash equivalents	-	$20
Investment in United Bank of Philadelphia	4,240	5,241
Total assets	$4,240	$5,261
Shareholders’ equity:
Series A preferred stock	1	1
Common stock	11	11
Additional paid-in capital	14,750	14,750
Accumulated deficit	(10,556)	(9,540)
Net unrealized holding gains on securities available-for-sale	34	39
Total shareholders’ equity	$4,240	$5,261