Unified Bank
Martins Ferry, Ohio, Belmont County
$872M in total assets, the 1,197th largest of 4,309 US banks and 40th of 160 headquartered in Ohio.
- FDIC certificate
- 9463
- Established
- 1902
- Owned by
- United Bcorp Inc
- Primary regulator
- FDIC
- Website
- www.unifiedbank.com
At a glance
Compared with 95 banks headquartered in Ohio with $100 million to $1 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $872M | 97% | $268M | |
| Loans | $496M | 96% | $192M | |
| Deposits | $702M | 94% | $231M | |
| Return on assets | 1.37% | 81% | 0.84% | |
| Net interest margin | 3.81% | 56% | 3.66% | |
| Efficiency ratio | 63.7% | 35% | 72.1% | |
| Equity to assets | 8.65% | 27% | 10.45% | |
| Loans to deposits | 71% | 25% | 82% |
Growth
Total assets grew 3.5% a year over the last 5 years and 7.6% a year over 10 years, including 1 acquisition in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Oct 2018 | The First National Bank of Powhatan Point Powhatan Point, OH | $61M |
| Sep 2008 | Ameribank, Inc. Welch, WV | $104M |
| Jul 2007 | The Glouster Community Bank Lancaster, OH, an affiliate under the same holding company | $111M |
| Apr 1999 | The Citizens-State Bank of Strasburg Strasburg, OH, an affiliate under the same holding company | $74M |
Where they operate
19 branches in 9 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Belmont County, OH | $377M | 16.2% | 4 of 11 |
| Tuscarawas County, OH | $72M | 3.1% | 8 of 11 |
| Carroll County, OH | $47M | 8.1% | 4 of 5 |
| Athens County, OH | $46M | 5.1% | 6 of 7 |
| Jefferson County, OH | $41M | 3.1% | 8 of 9 |
| Harrison County, OH | $37M | 12.3% | 4 of 6 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
No net change since 2016 (19 branches then and now). 2 opened, 1 acquired, 3 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 19 | |||
| 2018 | Acquired The First National Bank of Powhatan Point | 1 | 0 | +1 | 20 |
| 2020 | Opened MoundsvilleClosed Glouster | 1 | 1 | 0 | 20 |
| 2021 | Closed Dillonvale | 0 | 1 | −1 | 19 |
| 2022 | Closed Amesville | 0 | 1 | −1 | 18 |
| 2025 | Opened Wheeling | 1 | 0 | +1 | 19 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 38% | 22% | |
| 1-4 family residential | 30% | 50% | |
| Business (C&I) | 16% | 9% | |
| Multifamily | 9% | 4% | |
| Construction and land | 5% | 5% | |
| Consumer | 1% | 4% | |
| Farmland | 0% | 5% | |
| Other | 1% | 1% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 48% | 46% | |
| Time deposits | 29% | 36% | |
| Noninterest-bearing | 23% | 18% |
Brokered deposits are 0.0% of deposits (peers 3.6%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 1.29% | 0.34% |
| Net charge-offs, annualized | 0.02% | 0.00% |
| Reserves to loans | 0.88% | 1.01% |
| Leverage ratio | 8.99% | 10.82% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Ohio
Largest competitors in Belmont County, OH
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/unified