United Security Bcsh (UBFO) 5.27 $UBFO
United Security posts 1Q profit
Automated Insights - Thu Apr 14, 3:24PM CDT
FRESNO, Calif. (AP) _ United Security Bancshares (UBFO) on Thursday reported first-quarter earnings of $1.8 million.
UBFO: 5.27 (-0.03)
United Security Bancshares earns 1st Quarter 2016 profits of $1.8 million
PR Newswire - Thu Apr 14, 3:15PM CDT
United Security Bancshares (Nasdaq: UBFO), today announced its unaudited financial results for the quarter ended March 31, 2016. The Company recognized net income of $1,769,000 for the three months ended March 31, 2016, an improvement of $541,000, or 44.06%, relative to the net income of $1,228,000 recognized for the three months ended March 31, 2015. Basic and diluted earnings per share increased to $0.11 for the three months ended March 31, 2016, as compared to $0.08 for the three months ended March 31, 2015.
UBFO: 5.27 (-0.03)
United Security Bancshares Declares Stock Dividend
PR Newswire - Thu Mar 24, 11:20AM CDT
Dennis R. Woods, President and Chief Executive Officer of United Security Bancshares (http://www.unitedsecuritybank.com/) (Nasdaq: UBFO), reported that the Board of Directors of United Security Bancshares declared a 1st quarter 2016 stock dividend of one percent (1%) on March 22, 2016. The stock dividend will be paid to shareholders of record on April 4, 2016 and the dividend shares will be issued on April 15, 2016.
UBFO: 5.27 (-0.03)
United Security Bancshares reports USD1.6m in Q4 2015 net income
M2 - Tue Feb 09, 10:50AM CST
United Security Bancshares (NASDAQ: UBFO) has reported consolidated net income of USD1,634,000 or USD0.10 per basic and diluted common share for the quarter ended December 31, 2015, as compared to USD1,556,000 or USD0.10 per basic and diluted common share for the quarter ended December 31, 2014, the company said. The company recognized net income of USD6,810,000 for the year ended December 31, 2015, an improvement of USD594,000, or 9.56 percent, relative to the net income of USD6,216,000 recognized for the year ended December 31, 2014. Basic and diluted earnings per share increased to USD0.42 for the year ended December 31, 2015, as compared to USD0.39 for the year ended December 31, 2014. Fourth quarter 2015 highlights (at or for the period ended December 31, 2015) include: o Net interest income increased to USD6,745,000, compared to USD6,633,000 in the preceding quarter and USD6,105,000 for the quarter ended December 31, 2014. o Net interest margin decreased to 4.14 percent, when compared to 4.18 percent in the preceding quarter, and increased from the 3.99 percent for the quarter ended December 31, 2014. o Net charge-offs totaled USD1,385,000, compared to net recoveries of USD264,000 in the preceding quarter and net recoveries of USD400,000 for the quarter ended December 31, 2014. o Total loans increased to USD515,376,000, compared to USD457,595,000 at December 31, 2014. o The allowance for credit losses as a percentage of gross loans declined to 1.88 percent, compared to 2.35 percent at December 31, 2014. o Total deposits increased to USD621,805,000, compared to USD565,373,000 at December 31, 2014. Board of directors of United Security Bancshares declared a fourth quarter 2015 stock dividend of one percent on December 17, 2015. The stock dividend was payable to shareholders of record on January 4, 2016, and the shares were issued on January 15, 2016. This marks the 29th consecutive quarterly stock dividend since 2008. United Security Bancshares is the holding company for United Security Bank, which was founded in 1987. United Security Bank is headquartered in Fresno and operates 11 full-service branch offices. Additionally, United Security Bank operates commercial real estate construction, commercial lending, consumer lending, and financial services departments.
UBFO: 5.27 (-0.03)
United Security Bancshares earns 2015 profits of $6.8 million
PR Newswire - Mon Feb 01, 5:38PM CST
United Security Bancshares (Nasdaq: UBFO), today announced its unaudited financial results for the quarter ended December 31, 2015. The Company reported consolidated net income of $1,634,000 or $0.10 per basic and diluted common share for the quarter ended December 31, 2015, as compared to $1,556,000 or $0.10 per basic and diluted common share for the quarter ended December 31, 2014. The Company recognized net income of $6,810,000 for the year ended December 31, 2015, an improvement of $594,000, or 9.56%, relative to the net income of $6,216,000 recognized for the year ended December 31, 2014. Basic and diluted earnings per share increased to $0.42 for the year ended December 31, 2015, as compared to $0.39 for the year ended December 31, 2014.
UBFO: 5.27 (-0.03)
United Security Bancshares declares stock dividend
M2 - Mon Dec 28, 6:47AM CST
Dennis R. Woods, president and chief executive officer of United Security Bancshares (NASDAQ: UBFO), said the company board of directors has declared a fourth quarter 2015 stock dividend of one percent. The stock dividend will be paid to shareholders of record on January 4, 2016 and the dividend shares will be issued on January 15, 2016. This marks the 29th consecutive quarterly stock dividend since initiated in 2008.
UBFO: 5.27 (-0.03)
United Security Bancshares earns third quarter profits of $1.9 million and retires $3.0 million in Junior Subordinated Debt
PR Newswire - Thu Oct 15, 3:44PM CDT
United Security Bancshares (Nasdaq: UBFO), today announced its unaudited financial results for the quarter ended September 30, 2015. The Company reported consolidated net income of $1,886,000 or $0.12 per basic and diluted common share for the quarter ended September 30, 2015, as compared to $1,703,000 or $0.11 per basic and diluted common share for the quarter ended September 30, 2014. United Security Bancshares recognized net income of $5,177,000 for the nine months ended September 30, 2015, an improvement of $518,000, or 11.12%, relative to the net income in the nine months ended September 30, 2014. Basic and diluted earnings per share increased to $0.33 for the nine months ended September 30, 2015, as compared to $0.29 for the nine months ended September 30, 2014.
UBFO: 5.27 (-0.03)
United Security Bancshares announces 1% stock dividend for Q3 2015
M2 - Mon Sep 28, 4:32AM CDT
President and chief executive officer Dennis R. Woods of United Security Bancshares (Nasdaq:UBFO) disclosed on Friday that it will pay a third quarter 2015 stock dividend of 1%, as approved by its board of directors.
UBFO: 5.27 (-0.03)
United Security Bancshares announces 27th consecutive stock dividend of 1% for Q2 2015
M2 - Thu Jun 25, 4:28AM CDT
President and chief executive officer Dennis R Woods of United Security Bancshares (Nasdaq:UBFO) revealed on Wednesday a stock dividend of 1% for the second quarter of 2015, as approved by the company's board of directors of United.
UBFO: 5.27 (-0.03)
United Security Bancshares - First Quarter Profits: $1.2 million
PR Newswire - Mon Apr 20, 8:00AM CDT
United Security Bancshares (http://www.unitedsecuritybank.com/) (Nasdaq Global Select: UBFO), today announced its unaudited financial results for the quarter ended March 31, 2015. The Company recognized net income of $1,228,000 for the first quarter of 2015, an improvement of $320,000, or 35.24%, relative to the net income in the first quarter of 2014. Basic and diluted earnings per share increased to $0.08 for the three months ended March 31, 2015, as compared to $0.06 for the three months ended March 31, 2014.
UBFO: 5.27 (-0.03)
United Security Bancshares - Fourth Quarter Profits: $1.6 million
PR Newswire - Wed Jan 21, 3:01PM CST
United Security Bancshares (http://www.unitedsecuritybank.com/) (Nasdaq Global Select: UBFO) reported today unaudited consolidated net income of $6,216,000 or $0.40 per basic and diluted common share for the year ended December 31, 2014, as compared to $7,269,000 or $0.47 per basic and diluted shares for the year ended December 31, 2013. United Security Bancshares reported consolidated net income of $1,556,000 or $0.10 per basic and diluted common share for the quarter ended December 31, 2014, as compared to $2,945,000 or $0.19 per basic and diluted common shares for the quarter ended December 31, 2013.
UBFO: 5.27 (-0.03)
United Security posts 1Q profit
Automated Insights - Thu Apr 14, 3:24PM CDT
FRESNO, Calif. (AP) _ United Security Bancshares (UBFO) on Thursday reported first-quarter earnings of $1.8 million.
UBFO: 5.27 (-0.03)
United Security Bancshares earns 1st Quarter 2016 profits of $1.8 million
PR Newswire - Thu Apr 14, 3:15PM CDT
United Security Bancshares (Nasdaq: UBFO), today announced its unaudited financial results for the quarter ended March 31, 2016. The Company recognized net income of $1,769,000 for the three months ended March 31, 2016, an improvement of $541,000, or 44.06%, relative to the net income of $1,228,000 recognized for the three months ended March 31, 2015. Basic and diluted earnings per share increased to $0.11 for the three months ended March 31, 2016, as compared to $0.08 for the three months ended March 31, 2015.
UBFO: 5.27 (-0.03)
United Security Bancshares Declares Stock Dividend
PR Newswire - Thu Mar 24, 11:20AM CDT
Dennis R. Woods, President and Chief Executive Officer of United Security Bancshares (http://www.unitedsecuritybank.com/) (Nasdaq: UBFO), reported that the Board of Directors of United Security Bancshares declared a 1st quarter 2016 stock dividend of one percent (1%) on March 22, 2016. The stock dividend will be paid to shareholders of record on April 4, 2016 and the dividend shares will be issued on April 15, 2016.
UBFO: 5.27 (-0.03)
United Security Bancshares reports USD1.6m in Q4 2015 net income
M2 - Tue Feb 09, 10:50AM CST
United Security Bancshares (NASDAQ: UBFO) has reported consolidated net income of USD1,634,000 or USD0.10 per basic and diluted common share for the quarter ended December 31, 2015, as compared to USD1,556,000 or USD0.10 per basic and diluted common share for the quarter ended December 31, 2014, the company said. The company recognized net income of USD6,810,000 for the year ended December 31, 2015, an improvement of USD594,000, or 9.56 percent, relative to the net income of USD6,216,000 recognized for the year ended December 31, 2014. Basic and diluted earnings per share increased to USD0.42 for the year ended December 31, 2015, as compared to USD0.39 for the year ended December 31, 2014. Fourth quarter 2015 highlights (at or for the period ended December 31, 2015) include: o Net interest income increased to USD6,745,000, compared to USD6,633,000 in the preceding quarter and USD6,105,000 for the quarter ended December 31, 2014. o Net interest margin decreased to 4.14 percent, when compared to 4.18 percent in the preceding quarter, and increased from the 3.99 percent for the quarter ended December 31, 2014. o Net charge-offs totaled USD1,385,000, compared to net recoveries of USD264,000 in the preceding quarter and net recoveries of USD400,000 for the quarter ended December 31, 2014. o Total loans increased to USD515,376,000, compared to USD457,595,000 at December 31, 2014. o The allowance for credit losses as a percentage of gross loans declined to 1.88 percent, compared to 2.35 percent at December 31, 2014. o Total deposits increased to USD621,805,000, compared to USD565,373,000 at December 31, 2014. Board of directors of United Security Bancshares declared a fourth quarter 2015 stock dividend of one percent on December 17, 2015. The stock dividend was payable to shareholders of record on January 4, 2016, and the shares were issued on January 15, 2016. This marks the 29th consecutive quarterly stock dividend since 2008. United Security Bancshares is the holding company for United Security Bank, which was founded in 1987. United Security Bank is headquartered in Fresno and operates 11 full-service branch offices. Additionally, United Security Bank operates commercial real estate construction, commercial lending, consumer lending, and financial services departments.
UBFO: 5.27 (-0.03)
United Security Bancshares earns 2015 profits of $6.8 million
PR Newswire - Mon Feb 01, 5:38PM CST
United Security Bancshares (Nasdaq: UBFO), today announced its unaudited financial results for the quarter ended December 31, 2015. The Company reported consolidated net income of $1,634,000 or $0.10 per basic and diluted common share for the quarter ended December 31, 2015, as compared to $1,556,000 or $0.10 per basic and diluted common share for the quarter ended December 31, 2014. The Company recognized net income of $6,810,000 for the year ended December 31, 2015, an improvement of $594,000, or 9.56%, relative to the net income of $6,216,000 recognized for the year ended December 31, 2014. Basic and diluted earnings per share increased to $0.42 for the year ended December 31, 2015, as compared to $0.39 for the year ended December 31, 2014.
UBFO: 5.27 (-0.03)
United Security Bancshares declares stock dividend
M2 - Mon Dec 28, 6:47AM CST
Dennis R. Woods, president and chief executive officer of United Security Bancshares (NASDAQ: UBFO), said the company board of directors has declared a fourth quarter 2015 stock dividend of one percent. The stock dividend will be paid to shareholders of record on January 4, 2016 and the dividend shares will be issued on January 15, 2016. This marks the 29th consecutive quarterly stock dividend since initiated in 2008.
UBFO: 5.27 (-0.03)
United Security Bancshares earns third quarter profits of $1.9 million and retires $3.0 million in Junior Subordinated Debt
PR Newswire - Thu Oct 15, 3:44PM CDT
United Security Bancshares (Nasdaq: UBFO), today announced its unaudited financial results for the quarter ended September 30, 2015. The Company reported consolidated net income of $1,886,000 or $0.12 per basic and diluted common share for the quarter ended September 30, 2015, as compared to $1,703,000 or $0.11 per basic and diluted common share for the quarter ended September 30, 2014. United Security Bancshares recognized net income of $5,177,000 for the nine months ended September 30, 2015, an improvement of $518,000, or 11.12%, relative to the net income in the nine months ended September 30, 2014. Basic and diluted earnings per share increased to $0.33 for the nine months ended September 30, 2015, as compared to $0.29 for the nine months ended September 30, 2014.
UBFO: 5.27 (-0.03)
United Security Bancshares announces 1% stock dividend for Q3 2015
M2 - Mon Sep 28, 4:32AM CDT
President and chief executive officer Dennis R. Woods of United Security Bancshares (Nasdaq:UBFO) disclosed on Friday that it will pay a third quarter 2015 stock dividend of 1%, as approved by its board of directors.
UBFO: 5.27 (-0.03)
United Security Bancshares announces 27th consecutive stock dividend of 1% for Q2 2015
M2 - Thu Jun 25, 4:28AM CDT
President and chief executive officer Dennis R Woods of United Security Bancshares (Nasdaq:UBFO) revealed on Wednesday a stock dividend of 1% for the second quarter of 2015, as approved by the company's board of directors of United.
UBFO: 5.27 (-0.03)
United Security Bancshares - First Quarter Profits: $1.2 million
PR Newswire - Mon Apr 20, 8:00AM CDT
United Security Bancshares (http://www.unitedsecuritybank.com/) (Nasdaq Global Select: UBFO), today announced its unaudited financial results for the quarter ended March 31, 2015. The Company recognized net income of $1,228,000 for the first quarter of 2015, an improvement of $320,000, or 35.24%, relative to the net income in the first quarter of 2014. Basic and diluted earnings per share increased to $0.08 for the three months ended March 31, 2015, as compared to $0.06 for the three months ended March 31, 2014.
UBFO: 5.27 (-0.03)
United Security Bancshares - Fourth Quarter Profits: $1.6 million
PR Newswire - Wed Jan 21, 3:01PM CST
United Security Bancshares (http://www.unitedsecuritybank.com/) (Nasdaq Global Select: UBFO) reported today unaudited consolidated net income of $6,216,000 or $0.40 per basic and diluted common share for the year ended December 31, 2014, as compared to $7,269,000 or $0.47 per basic and diluted shares for the year ended December 31, 2013. United Security Bancshares reported consolidated net income of $1,556,000 or $0.10 per basic and diluted common share for the quarter ended December 31, 2014, as compared to $2,945,000 or $0.19 per basic and diluted common shares for the quarter ended December 31, 2013.
UBFO: 5.27 (-0.03)
