Exhibit 23
Consent of Independent Registered
Public Accounting Firm
The Board of Directors
United Bancshares, Inc.
We 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 March 19, 2014, relating to the consolidated balance sheets of United Bancshares, Inc. and subsidiaries as of December 31, 2013 and 2012 and the related consolidated statements of income, comprehensive income, shareholders’ equity and cash flows for each of the years in the three-year period ended December 31, 2013, which report is incorporated by reference in the December 31, 2013 Annual Report on Form 10-K/A of United Bancshares, Inc.
/s/ CliftonLarsonAllen LLP
Toledo, Ohio
September 5, 2014