Welcome to our dedicated page for United Sec Bancshares Calif SEC filings (Ticker: UBFO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The United Security Bancshares (NASDAQ: UBFO) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as a California-based bank holding company. United Security Bancshares files with the U.S. Securities and Exchange Commission as the parent of United Security Bank, a commercial bank founded in 1987 and headquartered in Fresno, California.
Investors can review Current Reports on Form 8-K that United Security Bancshares uses to report material events. Recent 8-K filings include disclosures about the Agreement and Plan of Merger with Community West Bancshares, the related voting and support agreements, and the expectation that United Security Bancshares will merge with and into Community West Bancshares, with Community West Bancshares as the surviving corporation. Other 8-K filings report regular quarterly cash dividend declarations, as well as earnings press releases furnished under results of operations and financial condition items.
In addition to 8-Ks, the company’s Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q (referenced in its press releases and filings) provide more detailed information on financial condition, results of operations, and risk factors. These periodic reports are important for understanding the performance of United Security Bancshares and United Security Bank over time.
For the proposed merger with Community West Bancshares, investors are directed to a planned registration statement on Form S-4 that will include a joint proxy statement/prospectus. Company communications emphasize that this document will contain important information about both companies and the merger transaction, and that shareholders should read it carefully when it becomes available.
On Stock Titan, AI-powered tools can help interpret these filings by highlighting key sections, summarizing complex language, and pointing out items such as dividend declarations, merger terms, and governance changes. Users can follow UBFO’s filings to monitor material agreements, corporate actions, and ongoing reporting obligations as disclosed through the SEC’s EDGAR system.
United Security Bancshares filed an 8-K describing supplemental disclosures for its pending merger with Community West Bancshares. The S-4 registration statement for the stock-for-stock merger is effective, and both companies plan special shareholder meetings on March 30, 2026 to vote on the transaction.
The filing notes two New York lawsuits and several shareholder demand letters alleging disclosure deficiencies in the joint proxy statement/prospectus. While both companies state they believe these claims lack merit, they are voluntarily adding detail on merger background, board considerations, valuation work, comparable company and transaction analyses, and discount-rate assumptions to reduce litigation risk and avoid delays.
Updated materials include a relative contribution table showing pro forma ownership of 71% for Community West and 29% for United Security based on a 0.4520x exchange ratio, plus projected earnings per share accretion of 10.2%–19.1% from 2026–2029 and initial tangible book value dilution that narrows over time.
United Security Bancshares and Community West Bancshares have received key regulatory approvals, including from the FDIC and the California Department of Financial Protection and Innovation, plus a waiver from the Federal Reserve Bank of San Francisco, for their previously announced merger.
The companies expect to close the transaction in the second quarter of 2026, subject to shareholder approvals at special meetings on March 30, 2026 and other customary conditions. After completion, United Security Bancshares will merge into Community West Bancshares, their banks will be combined, and the resulting institution is expected to have about $5 billion in total assets and banking centers across 31 communities in 13 Central California counties.
Community West Bancshares (CWB) and United Security Bancshares (USB) have agreed to merge, with CWB as the surviving company. Under the merger, each issued and outstanding share of USB common stock will be converted into the right to receive 0.4520 shares of CWB common stock, with cash paid in lieu of fractional shares. Based on CWB closing prices of $24.06 on December 16, 2025 and $24.28 on February 18, 2026, the implied per-share values for USB are $10.88 and $10.97, with aggregate implied transaction values of approximately $191.9M and $193.3M, respectively. After the merger, current CWB shareholders are expected to own approximately 70.6% and current USB shareholders approximately 29.4% of the combined company. The special meetings of shareholders are scheduled for March 30, 2026, and consummation remains subject to shareholder approvals and required regulatory clearances.
United Security Bancshares insider activity: Senior Vice President and Chief Credit Officer William M. Yarbenet reported acquiring 2,785 shares of United Security Bancshares common stock on 01/27/2026 at a reported price of $0 per share. Following this transaction, he beneficially owns 75,475.04 shares, held directly.
United Security Bancshares executive David A. Kinross, SVP & Chief Financial Officer, reported an acquisition of common stock through a trust-related holding. On January 27, 2026, an account for which he serves as Trustee acquired 2,872 shares of common stock at $0 per share.
Following this transaction, that indirect trust-related position holds 123,969 shares of United Security Bancshares common stock beneficially owned.
United Security Bancshares senior vice president Porsche A. Saunders reported receiving additional company stock. On January 27, 2026, Saunders acquired 3,245 shares of common stock at a price of $0 per share, increasing her direct holdings to 61,997.806 shares.
United Security Bancshares CEO Dennis R. Woods reported an indirect acquisition of 9,920 shares of common stock on January 27, 2026. The shares were acquired at a price of $0 and are held indirectly as “TRUSTEES.”
Following this transaction, indirect beneficial ownership rose to 956,655 shares of United Security Bancshares common stock.
United Security Bancshares executive Kevin J. Williams reported an acquisition of company stock. As SVP/Chief Banking Officer, he received 2,837 shares of United Security Bancshares common stock on January 27, 2026 at a reported price of $0 per share. Following this transaction, he beneficially owns 83,837 shares held directly.
United Security Bancshares filed a current report describing that it issued a press release with its financial results for the quarter and year ended December 31, 2025. The press release is furnished as an exhibit and is not treated as filed for liability purposes under federal securities laws.
The report also includes extensive forward-looking statements related to a proposed merger with Community West Bancshares, outlining numerous risks that could affect whether the merger is completed and how it might perform. It explains that Community West Bancshares plans to file a registration statement on Form S-4 containing a joint proxy statement/prospectus, and directs shareholders of both companies to review that document and related SEC filings when available for detailed information about the transaction and the participants in the proxy solicitation.
United Security Bank has agreed to merge into Community West Bank, creating one of the largest community banks headquartered in Central California. The combined company is expected to have approximately $5 billion in total assets, $4.2 billion in deposits and $3.5 billion in loans, with a banking center network serving urban and rural markets in 13 counties.
The merger is presented as a way to expand lending capacity, deepen local market presence and support long-term growth, while maintaining a focus on relationship banking and community service. James J. Kim, currently CEO of Community West Bancshares and Community West Bank, will lead the combined organization, and Dennis R. Woods will serve as Chairman Emeritus. Closing is targeted for Q2 2026, subject to regulatory and shareholder approvals.