Detail akcie Utd Sec Bncshs online

Business Summary: United Security Bancshares is the holding company for United Security Bank (the Bank). The Bank offers a full range of commercial banking services primarily to the business and professional community and individuals, including a variety of deposit instruments including personal and business checking accounts and savings accounts, interest-bearing negotiable order of withdrawal (NOW) accounts, money market accounts, and time certificates of deposit. The Bank also offers a full complement of lending products, including real estate loans, real estate construction loans, commercial and industrial loans, agricultural loans, and installment loans. The Bank's services include online banking, mobile banking, safe deposit boxes, wire transfers, payroll direct deposit, cashier's checks, and cash management services. The Bank operates approximately 12 full-service branch offices in Fresno, Bakersfield, Campbell, Caruthers, Coalinga, Firebaugh, Mendota, Oakhurst, San Joaquin, and Taft.
Financial Summary: BRIEF: For the three months ended 31 March 2024, United Security Bancshares interest income increased 2% to $14.9M. Net interest income after loan loss provision decreased 14% to $11.5M. Net income decreased 32% to $4.2M. Net interest income after loan loss provision reflects Net Interest Margin, Total -% decrease of 2% to 4.35%, Interest on investment securities decrease of 10% to $1.4M, Interest on deposits in FRB decrease of 24% to $44K.