United Security Bancshares (NASDAQ:UBFO)
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United Security Bancshares - 7th Best Bank Holding Company in California
FRESNO, Calif., Dec. 29 /PRNewswire-FirstCall/ -- American Banker magazine's
December 24, 2003, edition ranked United Security Bancshares 7th in California
for its Net Income Per Employee ratio of $92M. Fourteen California publicly
traded bank holding companies made the list of the top 150 such companies in the
nation. United Security Bancshares was ranked 70th nationally.
Dennis R. Woods, President and Chief Executive Officer of United Security
Bancshares http://www.unitedsecuritybank.com/ added, "I'm very pleased with this
acknowledgment, and very pleased to be included once again on this prestigious
list of high performing companies. Our appearance in the report acknowledges
what we constantly strive to achieve, consistent growth of shareholder value."
United Security Bancshares is a $510 million bank holding company for United
Security Bank, the largest independent bank head quartered in the Central San
Joaquin Valley. The Bank operates seven branch offices, as well as two loan
centers, administrative offices and a data center. The bank plans to open its
eighth office in March, and recently announced its intention to acquire Taft
National Bank. The acquisition will bring total branches to 10 and assets to
just under $600 million.
For more information about Bank visit our web site at
http://www.unitedsecuritybank.com/.
DATASOURCE: United Security Bancshares
CONTACT: Dennis R. Woods, President and Chief Executive Officer of
United Security Bank, +1-559-248-4928
Web site: http://www.unitedsecuritybank.com/