Termination of enforcement action against United Bancshares

The following press release was published by the Board of Governors of the Federal Reserve System on Jan. 28, 2008. It is reproduced in full below.

The Federal Reserve Board on Monday announced the termination of the enforcement action listed below. Terminations of enforcement actions are listed on the Federal Reserve's public website, www.federalreserve.gov/boarddocs/enforcement, as they occur.

United Bancshares, Inc., Philadelphia, Pennsylvania Written Agreement dated Feb. 23, 2000 Terminated Jan. 22, 2008

Source: Board of Governors of the Federal Reserve System