UNITED SECURITY BANCSHARES (UBFO)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Customer service fees | 726 | 638 | 719 | 718 |
| Other | 271 | 320 | 287 | 317 |
| Gain on proceeds from bank-owned life insurance | - | - | - | 573 |
| (loss) gain on sale of assets | -54 | - | - | - |
| Increase in cash surrender value of bank-owned life insurance | 132 | 132 | 132 | 130 |
| Loss on fair value of junior subordinated debentures | -317 | 270 | 661 | -225 |
| Unrealized gain (loss) on fair value of marketable equity securities | - | - | 224 | 4 |
| Total noninterest income | 758 | 1,360 | 2,023 | 1,517 |
| Data processing | - | - | 467 | 198 |
| Net cost of operation of oreo | - | - | -37 | -64 |
| Correspondent bank service charges | - | - | 12 | 11 |
| Professional fees | 350 | 646 | 1,128 | 1,511 |
| Other | 954 | 716 | 718 | 650 |
| Occupancy expense | 930 | 966 | 990 | 884 |
| Director expenses | 289 | 102 | 105 | 103 |
| Loan-related expenses | 116 | 17 | - | - |
| Salaries and employee benefits | 3,845 | 3,926 | 3,526 | 3,390 |
| Regulatory assessments | 169 | 173 | 159 | 162 |
| Technology | 687 | 651 | - | - |
| Data processing | 399 | 407 | - | - |
| Total noninterest expense | 7,739 | 7,604 | 7,142 | 6,973 |
| Provision for credit losses | 1,858 | 2,300 | 1,558 | 19 |
| Total interest expense | - | - | - | 3,450 |
| Interest on other borrowed funds | 273 | 207 | 879 | 1,593 |
| Interest on deposits | 2,868 | 2,780 | 3,064 | 1,857 |
| Total interest expense | 3,141 | 2,987 | 3,943 | - |
| Interest on investment securities | 1,140 | 1,206 | 1,298 | 1,303 |
| Interest on deposits at other banks | 99 | 134 | 56 | 93 |
| Interest and fees on loans | 13,765 | 13,943 | 14,401 | 13,576 |
| Total interest income | 15,004 | 15,283 | 15,755 | 14,972 |
| Net interest income | 11,863 | 12,296 | 11,812 | 11,522 |
| Net interest income after provision for credit losses | 10,005 | 9,996 | 10,254 | 11,503 |
| Income before provision for taxes | 3,024 | 3,752 | 5,135 | 6,047 |
| Provision for income taxes | 855 | 1,070 | 1,306 | 1,750 |
| Net income | 2,169 | 2,682 | 3,829 | 4,297 |
| Basic (in shares) | 17,235,873 | 17,229,743 | 17,194,024 | 17,186,266 |
| Basic (in usd per share) | 0.13 | 0.16 | 0.22 | 0.25 |
| Diluted (in shares) | 17,260,392 | 17,261,452 | 17,206,391 | 17,187,266 |
| Diluted (in usd per share) | 0.13 | 0.16 | 0.22 | 0.25 |