United Security Bancshares 10-K annual reports
Annual reports — audited financials, the full risk-factor list, and management’s account of the year.
United Security Bancshares reported a decrease in net income for 2025 to $12.3 million, down from $14.8 million in 2024, while announcing an all-stock merger with Community West Bancshares expected to close in Q2 2026.
United Security Bancshares reports a decrease in net income for the year ended December 31, 2024, primarily due to increased deposit interest expenses and a higher provision for credit losses.
United Security Bancshares filed an amendment to its annual report to correct references in exhibits that mistakenly pointed to a quarterly report instead of the annual report.
United Security Bancshares saw a significant increase in net income for 2023, reaching $19.8 million, despite a decrease in total assets and deposits.