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NEWS & COMMENTARY

United Bancshares acquires Ohio State Bank

November 18, 2014

United Bancshares Inc., parent company of The Union Bank Co., has completed its acquisition of The Ohio State Bank in a cash transaction worth about $4,290,237, a news release from United Bancshares announces. Performance Trust Capital Partners LLC served as financial adviser to United Bancshares, and Dinsmore & Shohl LLP served as the company's legal counsel. Shumaker, Loop & Kendrick LLP served as legal counsel to Ohio State Bancshares and Rbancshares.

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