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United Bancorporation of Alabama, Inc. reported unaudited consolidated net income of $6.2 million or earnings per share of $1.75 for the first quarter of 2024, compared to $6.7 million or $1.87 per share for the same period last year. Key highlights include a net interest margin of 4.54%, cost of funds at 1.21%, and year-over-year loan growth of $62.3 million or 8.2%.
