United Security Bancshares Reports First Quarter 2023 Net Income of $6.1 Million

Rhea-AI Summary

The Board of Directors of United Security Bancshares (NASDAQ: UBFO) announced operating results for the quarter ending March 31, 2023. The company is headquartered in Fresno, California, and operates 12 full-service branches across several locations. The release emphasizes the financial performance and business operations of United Security Bank, the subsidiary of United Security Bancshares. For detailed insights, investors can access the full press release through the provided investor relations link.

FRESNO, Calif.--(BUSINESS WIRE)-- The Board of Directors of United Security Bancshares (NASDAQ: UBFO), the parent company of United Security Bank, reported today operating results for the quarter ended March 31, 2023. For the full release, please visit UBFO Investor Relations https://investors.unitedsecuritybank.com/news-market-information/press-releases/default.aspx.

About United Security Bancshares

United Security Bancshares (NASDAQ: UBFO) is the holding company for United Security Bank, which was founded in 1987. United Security Bank is headquartered in Fresno and operates 12 full-service branch offices in Fresno, Bakersfield, Campbell, Caruthers, Coalinga, Firebaugh, Mendota, Oakhurst, San Joaquin, and Taft. Additionally, United Security Bank operates Commercial Real Estate Construction, Commercial Lending, and Consumer Lending departments.

For more information, please visit www.unitedsecuritybank.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230426005192/en/

Investor Contact:

Dave Kinross

SVP and Chief Financial Officer

United Security Bancshares

559-490-6261

Source: United Security Bancshares

FAQ

What were the operating results for United Security Bancshares in Q1 2023?

The press release provides operating results for Q1 2023, but specific financial figures are not detailed in the summary.

Where is United Security Bancshares located?

United Security Bancshares is headquartered in Fresno, California.

How many branches does United Security Bank operate?

United Security Bank operates 12 full-service branch offices.

What services does United Security Bank provide?

United Security Bank offers Commercial Real Estate Construction, Commercial Lending, and Consumer Lending.

How can I access more information about United Security Bancshares?

Additional information can be found on their investor relations website.