Market Movers (8-K)
See all →Community West Bancshares successfully completed its all-stock merger with United Security Bancshares, creating a combined entity with approximately $5 billion in assets and expanding its Central California presence.
United Security Bancshares filed an 8-K to provide supplemental disclosures for its merger with Community West Bancshares following two shareholder lawsuits and demand letters.
Worse than expected
United Security Bancshares announced its 2025 financial results, reporting a decrease in annual net income despite strong fourth-quarter performance and ongoing merger plans with Community West Bancshares.
Worse than expected
Community West Bancshares announced the addition of two United Security Bancshares directors to its board upon the consummation of their all-stock merger.
Capital raise
United Security Bancshares announced a $0.12 per share quarterly cash dividend and detailed risks related to its proposed merger with CWBC.
Capital raise
Delay expected
Community West Bancshares and United Security Bancshares announce an all-stock merger valued at $191.9 million, creating a dominant community bank in Central California.
Better than expected
Quarterly Earnings (10-Q)
See all →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.
Worse than expected
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.
Capital raise
Worse than expected
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.
Worse than expected
United Security Bancshares experienced a slight decrease in net income for the third quarter of 2024, despite an increase in net interest margin.
Worse than expected
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.
Worse than expected
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.
Worse than expected
Annual Reports (10-K)
United Security Bancshares reported a decrease in net income for 2025 to $12.3 million, down from $14.8 million in 2024, while announcing an all-stock merger with Community West Bancshares expected to close in Q2 2026.
Worse than expected
Delay expected
United Security Bancshares reports a decrease in net income for the year ended December 31, 2024, primarily due to increased deposit interest expenses and a higher provision for credit losses.
Worse than expected
United Security Bancshares filed an amendment to its annual report to correct references in exhibits that mistakenly pointed to a quarterly report instead of the annual report.
United Security Bancshares saw a significant increase in net income for 2023, reaching $19.8 million, despite a decrease in total assets and deposits.
Better than expected
Insider Trading (Form 4)
See all →Kevin J. Williams files an amended Form 4 to clarify post-merger ownership and transaction details following the acquisition of United Security Bancshares by Community West Bancshares.
United Security Bancshares' merger with Community West Bancshares became effective April 1, 2026, with CEO Dennis R. Woods reporting ownership changes.
United Security Bancshares reports on the completion of its merger with Community West Bancshares, detailing ownership changes and the effective date of the transaction.
United Security Bancshares reports on the completion of its merger with Community West Bancshares, detailing ownership changes for its SVP & Chief Financial Officer.
Stanley J. Cavalla reports on changes in beneficial ownership following the merger of United Security Bancshares with Community West Bancshares.
Brian Tkacz, a Director at United Security Bancshares, reports on changes in beneficial ownership following the company's merger with Community West Bancshares.
Proxy Statements (Def-14A)
Community West Bancshares and United Security Bancshares announce a definitive merger agreement, with USB merging into CWB in an all-stock transaction valued at approximately $193.3 million.
DEFA14A: United Security Bancshares Clarifies Impact of Abstentions and Broker Non-Votes in Proxy Statement
United Security Bancshares issues a supplement to its proxy statement clarifying the effect of abstentions and broker non-votes on proposal approvals at the upcoming annual meeting.
United Security Bancshares is asking shareholders to vote on key proposals including a new equity incentive plan, an increase in authorized common shares, and director elections at the upcoming 2025 Annual Meeting.
Worse than expected
United Security Bancshares will hold its 2024 Annual Meeting of Shareholders on May 15, 2024, to elect directors and ratify the selection of its independent accounting firm.
Schedule 13G - Passive Investments
Dimensional Fund Advisors LP has filed a Schedule 13G, reporting no beneficial ownership of United Security Bancshares' common stock as of June 30, 2026.