First US Bancshares Declares $0.12 Dividend, Reflecting Strong Financial Health

United Security Bancshares Declares Quarterly Dividend Amidst Strong Operational Framework

United Security Bancshares, the parent company of United Security Bank, announces a regular quarterly cash dividend of $0.12 per share, reflecting its commitment to providing value to shareholders. This dividend, set to be paid on January 17, 2025, to shareholders of record as of January 2, 2025, underscores the bank's stable financial health and operational success. Founded in 1987 and headquartered in Fresno, California, United Security Bancshares maintains a robust presence with 13 full-service branch offices across key locations in California, including Bakersfield, Campbell, and Taft.

The company has positioned itself as a reliable provider of financial services, including Commercial Real Estate Construction, Commercial Lending, and Consumer Lending. By focusing on these areas, United Security Bancshares not only meets the diverse needs of its clientele but also strengthens its market position. The bank's emphasis on community engagement and localized service enhances its relationship with customers, fostering loyalty and growth. This operational strategy appears to be yielding positive results, as indicated by the company's ability to declare a dividend, a gesture that typically signals confidence in the ongoing financial performance.

In accordance with the Private Securities Litigation Reform Act of 1995, United Security Bancshares highlights the importance of forward-looking statements in its communications. While the company believes its forecasts are based on reasonable assumptions, it acknowledges the inherent risks and uncertainties that could affect actual results. Stakeholders are encouraged to review the Annual Report on Form 10-K for the year ending December 31, 2023, particularly the section on "Management’s Discussion and Analysis of Financial Condition and Results of Operations," to better understand these dynamics.

Beyond its dividend announcement, United Security Bancshares continues to emphasize transparency and stakeholder engagement. By actively communicating its operational framework and financial outlook, the company aims to build trust with investors and customers alike. For further information about its services and corporate developments, interested parties can visit the company's website at www.unitedsecuritybank.com.