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United Security Bancshares reports 2nd quarter net income of $2.7 million FRESNO, CA - July 21, 2021. United Security Bancshares (Nasdaq: UBFO) today announced its unaudited financial results for the three and six months ended June 30, 2021. The Company recognized net income of $4.1 million, or $0.24 per basic and diluted share for the six months ended June 30, 2021, compared to net income of $4.8 million, or $0.28 per basic and diluted share for the six months ended June 30, 2020. Second Quarter 2021 Highlights(at or for the quarter ended June 30, 2021, except where noted) ▪Net income for the quarter increased 34.44% to $2.7 million, compared to $2.0 million for the quarter ended June 30, 2020. The increase is primarily the result of an increase of $859,000 in loan interest income and fees, and decrease in OREO expense of $890,000.

United statesSan joaquinExchange commissionCompany annual report on formExchange commission regulationSecurities exchangeUnited security bankUnited security bancsharesSecurity bancsharesChief executive officerMonths ended juneEnded junePress releaseCore net incomeFair value adjustmentSecurity bank