Latest United Security Bancshares (USBI) Headlines

Latest United Security Bancshares (USBI) Headlines

Nasdaq stocks posting largest volume decreases
AP - Wed Mar 05, 5:03PM CST
NEW YORK (AP) — A look at the 10 biggest volume decliners on Nasdaq at the close of trading:

United Security Bancshares, Inc. Announces Grant of Shares to New CFO
Business Wire - Fri Jan 31, 11:00AM CST
United Security Bancshares, Inc. (NASDAQ: USBI) today announced that Thomas S. Elley, the Vice President, Chief Financial Officer, Principal Accounting Officer, Treasurer, and Assistant Secretary of United Security Bancshares, Inc. and Executive Vice President, Chief Financial Officer, Treasurer, and Assistant Secretary of United Security Bancshares, Inc.'s subsidiary bank, First United Security Bank, has received a one-time grant of 1,500 fully-vested shares of USBI common stock. As previously reported, the Board of Directors of USBI and FUSB voted on September 23, 2013 to appoint Thomas S. Elley to serve in the positions listed above, and Mr. Elley commenced employment with USBI and FUSB on October 15, 2013. Among the terms and conditions of Mr. Elley's employment with USBI and FUSB was an agreement that, as an inducement material to Mr. Elley entering into employment with USBI and FUSB, Mr. Elley would receive a one-time grant of 1,500 fully-vested shares of USBI common stock after January 1, 2014, but not later than February 1, 2014. The inducement grant was made to Mr. Elley in satisfaction of this agreed-upon employment term and in accordance with NASDAQ Marketplace Rule 5635(c)(4).

Nasdaq stocks posting largest percentage increases
AP - Wed Dec 11, 12:30PM CST
NEW YORK (AP) — A look at the 10 biggest percentage gainers on Nasdaq at 1 p.m.:

United Security Bancshares, Inc. Reports Third Quarter Results
Business Wire - Fri Nov 01, 3:01PM CDT
United Security Bancshares, Inc. (Nasdaq: USBI) today reported net income of $904,000, or $0.15 per diluted share, for the third quarter ended September 30, 2013, compared with net income of $1.2 million, or $0.20 per diluted share, for the third quarter of 2012. Net income for the first nine months of 2013 rose to $3.0 million, or $0.49 per diluted share, compared with $1.3 million, or $0.22 per diluted share, for the first nine months of 2012.

United Security Bancshares, Inc. Reports Second Quarter Results
Business Wire - Tue Jul 30, 3:01PM CDT
--Net Income Rises to $2.1 Million for First Six Months of 2013

United Security Bancshares, Inc. Elects New Board Officers
Business Wire - Fri May 17, 11:16AM CDT
United Security Bancshares, Inc. (Nasdaq: USBI) today announced that the Board of Directors has elected Andrew C. Bearden, Jr. as Chairperson and John C. Gordon as Vice-Chairperson of United Security Bancshares, Inc. Mr. Bearden and Mr. Gordon were also elected to serve as Chairperson and Vice-Chairperson, respectively, of First United Security Bank, the banking subsidiary of United Security Bancshares, Inc.

United Security Bancshares, Inc. Reports Improved First Quarter Results
Business Wire - Mon May 06, 4:00PM CDT
United Security Bancshares, Inc. (NASDAQ: USBI) today reported an increase in net income for the first quarter ended March 31, 2013, compared with the first quarter of 2012. Net income rose to $886,000, or $0.15 per diluted share, for the first quarter ended March 31, 2013, compared with a net loss of $(1.2) million, or $(0.21) per diluted share, for the first quarter of 2012.