Exhibit 23
Consent of Independent Accountants
The Board of Directors
United Bancshares, Inc.
We hereby consent to the incorporation by reference in the Registration Statement (No. 333-106929) on Form S-8 of United Bancshares, Inc. of our report dated February 2, 2005, relating to the consolidated balance sheets of United Bancshares, Inc. and subsidiaries as of December 31, 2004 and 2003, and the related consolidated statements of income, shareholders’ equity and cash flows for each of the three years in the period ended December 31, 2004, which report appears in the December 31, 2004 Annual Report on Form 10-K of United Bancshares, Inc.
/s/ CLIFTON GUNDERSON LLP |
Toledo, Ohio
March 25, 2005
