The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 4,023 | 4,851 |
| Provision for credit losses | 948 | 4,158 |
| Depreciation and amortization | 350 | 735 |
| Noncash lease expense | 215 | 394 |
| Amortization of premium/discount on investment securities, net | 96 | 192 |
| Operating lease payments | 213 | 396 |
| Decrease (increase) in accrued interest receivable | -455 | -175 |
| Increase in accrued interest payable | 34 | 36 |
| Increase (decrease) in accounts payable and accrued liabilities | 817 | 290 |
| Increase in unearned fees and unamortized loan origination costs, net | 31 | 168 |
| Decrease in income taxes receivable | 0 | -128 |
| Gain on marketable equity securities | 42 | 57 |
| Stock-based compensation expense | 202 | 459 |
| Loss on fair value option of junior subordinated debentures | - | -48 |
| Benefit for deferred income taxes | 0 | -210 |
| Gain on bank owned life insurance | 0 | 0 |
| Increase in cash surrender value of bank-owned life insurance | 136 | 264 |
| Loss (gain) on fair value option of junior subordinated debentures | -41 | - |
| Gain on partial redemption of junior subordinated debentures | 241 | - |
| Gain on calls on investment securities | 0 | 17 |
| Loss (gain) on sale of assets | -54 | - |
| Net decrease in other assets | -381 | -1,030 |
| Net cash provided by operating activities | 6,967 | 11,720 |
| Purchase of correspondent bank stock | 8 | 13 |
| Maturities and calls of available-for-sale securities | 0 | 9,000 |
| Principal payments of available-for-sale securities | 8,107 | 5,326 |
| Net increase in loans | 11,688 | 26,301 |
| Investment in limited partnerships | 0 | 0 |
| Proceeds from bank-owned life insurance | 0 | 0 |
| Capital expenditures of premises and equipment | 836 | 704 |
| Net cash used in investing activities | -4,425 | -12,692 |
| Net increase in demand deposits and savings accounts | 21,167 | -720 |
| Net (decrease) increase in time deposits | -936 | -1,234 |
| Partial redemption of junior subordinated debentures | 3,000 | - |
| Net decrease in short-term borrowings | 0 | 0 |
| Dividends on common stock | 2,097 | 4,194 |
| Net cash provided by financing activities | 15,134 | -6,148 |
| Net change in cash and cash equivalents | 17,676 | -7,120 |
| Cash and cash equivalents at beginning of period | 56,211 | - |
| Cash and cash equivalents at end of period | 66,767 | - |
UNITED SECURITY BANCSHARES (UBFO)
UNITED SECURITY BANCSHARES (UBFO)