FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person *   SHEPHERD CURTIS E 2. Date of Event Requiring Statement (Month/Day/Year) 04/24/2019 3. Issuer Name and Ticker or Trading Symbol UNITED BANCSHARES INC/OH [UBOH] (Last) (First) (Middle) 105 PROGRESSIVE DR. 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) EVP of Retail Banking 5. If Amendment, Date Original Filed(Month/Day/Year) 05/03/2019 (Street) COLUMBUS GROVE, OH 45830 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) Common Stock 1,122 I Shares held in The Shepherd Family Trust. (1) Common Stock 14,904 I ESOP (2)

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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	11/15/2017(3)	11/15/2026	Common Stock	5,805	$ 19.32	D	Â
Stock Option (right to buy)	07/26/2018(4)	07/26/2027	Common Stock	4,952	$ 21.7	D	Â
Stock Option (right to buy)	08/24/2019(5)	08/24/2028	Common Stock	4,828	$ 23.3	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
SHEPHERD CURTIS E 105 PROGRESSIVE DR. COLUMBUS GROVE, OH 45830	Â	Â	  EVP of Retail Banking	Â

Signatures

/s/ Curtis E. Shepherd		05/03/2019
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Shares held in The Shepherd Family Trust in which Curtis E. Shepherd and Christine A Shepherd are Trustees.
(2)	Shares held in trust through the Corporation's Employee Stock Ownership Plan ("ESOP") for the reporting person.
(3)	The options vest over three years, at a rate of 33.33% per year (33.34% in the final year), beginning on November 15, 2017.
(4)	The options vest over three years, at a rate of 33.33% per year (33.34% in the final year), beginning on July 26, 2018.
(5)	The options vest over three years, at a rate of 33.33% per year (33.34% in the final year), beginning on August 24, 2019.

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