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.
United Security Bancshares filings document the former bank holding company's operating results, shareholder votes, material agreements, governance matters and capital-structure disclosures for its common stock. Periodic and current reports covered United Security Bank as the operating subsidiary, including its branch banking and lending departments.
The filing record also documents the completed end of UBFO's standalone public-company status. Form 25 recorded removal of United Security Bancshares common stock from Nasdaq listing and registration, while Form 15 certified termination of Exchange Act registration or suspension of reporting duties after its merger into Community West Bancshares.
Community West Bancshares is planning to merge its subsidiary Community West Bank with United Security Bank, creating a larger community banking franchise focused on Central California. United Security Bank will merge into Community West Bank, and the combined company is expected to close the merger in Q2 2026. Leadership will remain centered around James J. Kim as CEO of Community West Bancshares and CEO and President of Community West Bank, with Daniel J. Doyle continuing as Chairman and Dennis R. Woods serving as Chairman Emeritus. The combined organization expects to have approximately $5 billion in total assets and a banking center network across 13 counties, serving both urban and rural markets. The banks emphasize shared values of relationship banking, local decision-making and community service, and highlight broader product offerings, higher lending limits and expanded career opportunities for employees. Both banks will operate independently until closing while integration and core systems planning continue.
Community West Bancshares announced that it has entered into a merger agreement to acquire United Security Bancshares and their respective banking subsidiaries. The combined company aims to create one of the strongest community banks in Central California, leveraging both banks’ long histories of relationship-based, locally focused banking.
The merger is expected to close during the second quarter of 2026. Community West’s existing executive team will continue to lead the combined organization, the Board of Directors will remain under Chairman Dan Doyle, and the headquarters will stay in Fresno. Until the transaction is finalized, Community West Bank and United Security Bank will continue operating independently while employees are asked to stay focused on serving clients and communities.
United Security Bancshares disclosed that its Board of Directors declared a $0.12 per share cash dividend on December 16, 2025. The dividend will be paid on January 13, 2026 to shareholders of record as of December 26, 2025, providing a direct cash return to common stock holders.
The report also reiterates extensive forward-looking statement disclosures tied to the company’s proposed merger with Community West Bancshares, outlining numerous risks that could affect whether and how that merger is completed. It explains that a registration statement on Form S-4, including a joint proxy statement/prospectus, will be filed so shareholders of both companies can review detailed information before voting on the transaction.
Community West Bancshares agreed to acquire United Security Bancshares in an all‑stock merger, with United Security shareholders receiving 0.4520 Community West shares for each of their shares. Based on Community West’s closing price of $24.06 on December 16, 2025, the deal’s implied value is about $191.9 million, and United Security shareholders are expected to own roughly 29.4% of the combined company at closing.
United Security Bank will merge into Community West Bank, and its branches will operate under the Community West brand. As of September 30, 2025, United Security Bancshares reported total assets of $1.24 billion, net loans of $942.1 million and deposits of $1.08 billion. The agreement includes a $7.7 million termination fee payable by United Security in certain circumstances, and the merger is expected to close in the second quarter of 2026, subject to shareholder and regulatory approvals.
United Security Bancshares agreed to merge with Community West Bancshares in a stock‑for‑stock transaction where each United Security share will be exchanged for 0.4520 shares of Community West common stock, implying a deal value of approximately $193.1 million based on Community West’s $10.40 share price on December 15, 2025.
After closing, United Security shareholders are expected to own about 29% of the combined company, and United Security Bank will merge into Community West Bank, with all branches becoming Community West Bank locations. As of September 30, 2025, United Security had total assets of $1.24 billion, net loans of $942.1 million, and deposits of $1.08 billion.
Two United Security‑designated directors, including Jagroop “Jay” Gill, will join Community West’s board, and Chairman, President and CEO Dennis Woods will serve as Chairman Emeritus of Community West Bank for two years. The merger, targeted for completion in the second quarter of 2026, is subject to shareholder and regulatory approvals and includes a $7.7 million termination fee payable by United Security to Community West in certain circumstances.
United Security Bancshares reported insider stock purchases by its SVP & Chief Risk Officer. On 12/01/2025, the officer acquired 1,586 shares of common stock at $9.92 per share, increasing direct beneficial ownership to 22,324.734 shares. A second transaction that same day shows an additional 1,683 shares acquired at $9.92 per share, with direct beneficial ownership rising to 24,007.734 shares. The filing is made by a single reporting person and reflects non-derivative equity holdings; no derivative securities activity is reported.
United Security Bancshares director reported routine share acquisitions of the company’s common stock, largely through a dividend reinvestment plan. On 08/04/2025, the director acquired 507.53 shares at $8.734 per share, bringing directly held shares to 39,462.143. On 10/30/2025, a further 491.756 shares were acquired at $9.138, increasing direct holdings to 39,953.899.
In an IRA account, the director acquired 195.075 shares on 07/22/2025 at $8.927, resulting in 14,712.561 shares held indirectly. Another IRA acquisition of 198.597 shares on 10/21/2025 at $8.89 brought indirect holdings to 14,911.158. The filing notes that the shares reported as acquisitions were obtained through a dividend reinvestment plan.
United Security Bancshares (UBFO) reported insider share purchases by a senior executive through its dividend reinvestment plan. On 08/04/2025, the reporting person acquired 846.831 shares of common stock at $8.734 per share, bringing direct beneficial ownership to 71,869.529 shares. On 10/30/2025, the same executive acquired an additional 820.511 shares at $9.138 per share, increasing direct holdings to 72,690.04 shares. The filer is an officer of the company, serving as SVP & CCO, and reported no derivative security transactions.
United Security Bancshares (UBFO) reported Q3 results. Net income was $4.023 million (EPS $0.23), up from $3.829 million a year ago, as net interest income rose to $12.419 million and interest expense declined year over year. The provision for credit losses was $0.948 million, down from $1.558 million. For the first nine months, net income totaled $8.874 million versus $12.287 million in the prior year, reflecting higher credit provisions and operating costs.
Total assets were $1,235,620 thousand. Loans increased to $960,329 thousand and deposits to $1,075,900 thousand. The allowance for credit losses on loans ended at $16,235 thousand. Available‑for‑sale securities carried a fair value of $140,917 thousand, with accumulated other comprehensive loss improving to $(10,566) thousand. Nonaccrual construction and development loans were $5,699 thousand, and accruing loans 90+ days past due in installment/student loans were $555 thousand. The company declared quarterly dividends of $0.12 per share during the quarter.