UNITED SECURITY BANCSHARES (NASDAQ:UBFO) Files An 8-K Other Events
Item 8.01. Other Events.
Bancshares (“Company”) declared a $0.05 per share cash dividend
for shareholders of record as of May 8, 2017, payable on May 17,
2017.
Company authorized the repurchase of up to $3 million of the
outstanding common stock of the Company. The timing of the
purchases will depend on certain factors, including but not
limited to, market conditions and prices, available funds, and
alternative uses of capital. The stock repurchase program may be
carried out through open-market purchases, block trades, or
negotiated private transactions.
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Exhibit No.
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Description
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99.1
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Press release of United Security Bancshares dated April
27, 2017 |
About UNITED SECURITY BANCSHARES (NASDAQ:UBFO)
United Security Bancshares is the bank holding company for United Security Bank (the Bank). The Bank is a California state-chartered bank. The Bank operates in the segment of providing banking services to commercial establishments and individuals primarily in the San Joaquin Valley of California. The Bank offers a range of services for commercial customers and account holders, including online banking, mobile banking, safe deposit boxes, automated teller machine (ATM) services, payroll direct deposit, cashier’s checks, traveler’s checks, money orders and foreign drafts. The Bank offers a range of financial services, including wealth management, employee benefit, insurance and loan products, as well as consulting services. It offers a range of deposit instruments, including personal and business checking accounts and savings accounts, interest-bearing negotiable order of withdrawal (NOW) accounts, money market accounts and time certificates of deposit. UNITED SECURITY BANCSHARES (NASDAQ:UBFO) Recent Trading Information
UNITED SECURITY BANCSHARES (NASDAQ:UBFO) closed its last trading session down -0.05 at 8.00 with 4,165 shares trading hands.
