United Security Bancshares Declares Stock Dividend

FRESNO, Calif., June 25  /PRNewswire-FirstCall/ -- Dennis R. Woods, President and Chief Executive Officer of United Security Bancshares http://www.unitedsecuritybank.com/ (NASDAQ:UBFO) reported that the Board of Directors of United Security Bancshares declared a 3rd quarter 2009 stock dividend of one percent (1%) on June 23, 2009. The stock dividend replaces the quarterly cash dividend. The stock dividend will be paid to shareholders of record on July 10, 2009 and the dividend shares will be issued on July 22, 2009.

The stock dividend was employed last year as a precaution against the uncertainties in the 1-4 family residential real estate market and its impact on the Company's construction and related land and lot loan portfolio. Those conditions continue to some degree but appear to be improving in some respects. However, the Board of Directors believes it is prudent to continue to capital at this time. 

DATASOURCE: United Security Bancshares



CONTACT:  Dennis R. Woods, President and Chief Executive Officer of

United Security Bank, [phone]



Web Site:  http://www.unitedsecuritybank.com/ 

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