United Security Bancshares 10-Q quarterly reports
Quarterly reports, with unaudited financial statements and management’s discussion of the quarter just ended.
United Security Bancshares reported a 5.07% increase in third-quarter net income to $4.0 million, though year-to-date profit declined significantly due to higher credit loss provisions.
United Security Bancshares reported a significant 49.52% drop in second-quarter net income, primarily due to a substantial increase in credit loss provisions and higher operating expenses.
10-Q: United Security Bancshares Reports Lower Q1 2025 Net Income Due to Increased Credit Loss Provisions
United Security Bancshares' Q1 2025 net income decreased due to higher credit loss provisions, despite an increase in net interest margin.
United Security Bancshares experienced a slight decrease in net income for the third quarter of 2024, despite an increase in net interest margin.
10-Q: United Security Bancshares Reports Slight Dip in Q2 Net Income Amidst Rising Interest Expenses
United Security Bancshares experienced a minor decrease in net income for the second quarter of 2024, despite an increase in loan interest, due to rising interest expenses and a decrease in investment securities.
United Security Bancshares experienced a decrease in net income for the first quarter of 2024, primarily due to a reduced net interest margin and increased operating expenses.