# EDGAR Filing Document

**Accession Number:** 0000944792
**File Stem:** 9999999997-23-000246
**Filing Date:** 2023-1
**Character Count:** 4991
**Document Hash:** a157e02af7b73e352262f75315b38801
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**9999999997-23-000246.hdr.sgml**: 20230113

**ACCESSION NUMBER**: 9999999997-23-000246

**CONFORMED SUBMISSION TYPE**: REVOKED

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230113

**DATE AS OF CHANGE**: 20230113

**ACTION DATE**: 20230113

**RECEIVED DATE**: 20230113

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** UNITED BANCSHARES INC /PA
- **CENTRAL INDEX KEY:** 0000944792
- **STANDARD INDUSTRIAL CLASSIFICATION:** STATE COMMERCIAL BANKS [6022]
- **IRS NUMBER:** 232802415
- **STATE OF INCORPORATION:** PA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** REVOKED
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-25976
- **FILM NUMBER:** 23527537

**BUSINESS ADDRESS:**
- **STREET 1:** 30 S. 15TH STREET
- **STREET 2:** SUITE 1200
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19102
- **BUSINESS PHONE:** 2153514600

**MAIL ADDRESS:**
- **STREET 1:** 30 S 15TH STREET
- **STREET 2:** SUITE 1200
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19102

### Attached PDF Documents

**Attachment 1:** `filename1`

# **UNITED STATES OF AMERICA**
**Before the**
**SECURITIES AND EXCHANGE COMMISSION**

**SECURITIES EXCHANGE ACT OF 1934**
**Release No. 96653 / January 12, 2023**

**ADMINISTRATIVE PROCEEDING**
**File No. 3-21274**

**In the Matter of**

**United Bancshares Inc./PA,**

**Respondent.**

**ORDER INSTITUTING PROCEEDINGS**
**PURSUANT TO SECTION 12(j) OF THE**
**SECURITIES EXCHANGE ACT OF 1934,**
**MAKING FINDINGS, AND REVOKING**
**REGISTRATION OF SECURITIES**

**I.**

The Securities and Exchange Commission (“Commission”) deems it necessary and appropriate for the protection of investors that proceedings be, and hereby are, instituted pursuant to Section 12(j) of the Securities Exchange Act of 1934 (“Exchange Act”), against United Bancshares Inc./PA(“United Bancshares” or “Respondent”).

**II.**

In anticipation of the institution of these proceedings, United Bancshares has submitted an Offer of Settlement (the “Offer”) which the Commission has determined to accept. Solely for the purpose of these proceedings and any other proceedings brought by or on behalf of the Commission, or to which the Commission is a party and without admitting or denying the findings herein, except as to the Commission’s jurisdiction over it and the subject matter of these proceedings, which are admitted, United Bancshares consents to the entry of this Order Instituting Proceedings Pursuant to Section 12(j) of the Securities Exchange Act of 1934, Making Findings, and Revoking Registration of Securities (“Order”), and to the findings as set forth below.

### III.

On the basis of this Order and the Respondent’s Offer, the Commission finds that$^{1}$:

1. United Bancshares (CIK No. 944792) is an active Pennsylvania corporation located in Philadelphia, PA with a class of securities registered with the Commission under Exchange Act Section 12(g). As of October 26, 2022, the common stock of United Bancshares was not publically quoted or traded.

2. United Bancshares has failed to comply with Exchange Act Section 13(a) and Rules 13a-1 and 13a-13 thereunder because it has not filed any periodic reports with the Commission since the period ended September 30, 2019.

### IV.

Section 12(j) of the Exchange Act provides as follows:

The Commission is authorized, by order, as it deems necessary or appropriate for the protection of investors to deny, to suspend the effective date of, to suspend for a period not exceeding twelve months, or to revoke the registration of a security, if the Commission finds, on the record after notice and opportunity for hearing, that the issuer of such security has failed to comply with any provision of this title or the rules and regulations thereunder. No member of a national securities exchange, broker, or dealer shall make use of the mails or any means or instrumentality of interstate commerce to effect any transaction in, or to induce the purchase or sale of, any security the registration of which has been and is suspended or revoked pursuant to the preceding sentence.

In view of the foregoing, the Commission deems it necessary and appropriate for the protection of investors to impose the sanction specified in Respondent’s Offer.

$^{1}$The findings herein are made pursuant to Respondent’s Offer of Settlement and are not binding on any other person or entity in this or any other proceeding.

Accordingly, it is hereby ORDERED, pursuant to Section 12(j) of the Exchange Act, that registration of each class of United Bancshares’s securities registered pursuant to Section 12 of the Exchange Act be, and hereby is, revoked. The revocation is effective as of January 13, 2023.2

By the Commission.

Vanessa A. Countryman Secretary

2This Order applies to all classes of Respondent’s securities registered pursuant to Section 12 of the Exchange Act, whether or not such securities are specifically identified by ticker symbol or otherwise in this Order.