United Security Bancshares Files 8-K for Financial Updates
Ticker: UBFO · Form: 8-K · Filed: Oct 18, 2024 · CIK: 1137547
| Field | Detail |
|---|---|
| Company | United Security Bancshares (UBFO) |
| Form Type | 8-K |
| Filed Date | Oct 18, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-reporting, 8-K
Related Tickers: UBFO
TL;DR
UBFO filed an 8-K on Oct 18th detailing financial results and condition.
AI Summary
United Security Bancshares filed an 8-K on October 18, 2024, to report on its results of operations and financial condition, as well as to file financial statements and exhibits. The filing provides an update on the company's financial performance and related disclosures.
Why It Matters
This filing provides investors and stakeholders with crucial, up-to-date information on United Security Bancshares' financial health and operational results.
Risk Assessment
Risk Level: low — This is a routine financial filing and does not indicate any immediate or significant risks.
Key Players & Entities
- UNITED SECURITY BANCSHARES (company) — Registrant
- October 18, 2024 (date) — Date of Report
- 2126 Inyo Street, Fresno, California 93721 (address) — Principal Executive Offices
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report on the results of operations and financial condition of United Security Bancshares, and to file financial statements and exhibits.
When was this 8-K filed?
This 8-K was filed on October 18, 2024.
What is the principal executive office address for United Security Bancshares?
The principal executive office address is 2126 Inyo Street, Fresno, California 93721.
What is the company's state of incorporation?
The company's state of incorporation is California.
What is the fiscal year end for United Security Bancshares?
The fiscal year end for United Security Bancshares is December 31.
Filing Stats: 605 words · 2 min read · ~2 pages · Grade level 12 · Accepted 2024-10-18 16:08:37
Filing Documents
- ubfo-20241018.htm (8-K) — 24KB
- ubfo093024earningsrelease.htm (EX-99.1) — 417KB
- 0001137547-24-000160.txt ( ) — 590KB
- ubfo-20241018.xsd (EX-101.SCH) — 2KB
- ubfo-20241018_lab.xml (EX-101.LAB) — 21KB
- ubfo-20241018_pre.xml (EX-101.PRE) — 12KB
- ubfo-20241018_htm.xml (XML) — 3KB
02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION
ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION On October 18, 2024, the Company issued a press release announcing results for the quarter and nine months ended September 30, 2024 (the "Press Release"). A copy of the Press Release is furnished as Exhibit 99.1 and incorporated herein by reference. The Press Release contains the non-GAAP measure Core Net Income. The Company believes that the presentation of that non-GAAP measure provides useful information for the understanding of its ongoing operations and, thereby, enhances an investor's overall understanding of the Company's current financial performance relative to past performance and provides, along with the nearest GAAP measures, a baseline for modeling future expectations. The non-GAAP measure is reconciled to the comparable GAAP financial measure in the financial tables within the Press Release. The Company cautions that the non-GAAP measure should be considered in addition to, but not as a substitute for, the Company's reported GAAP results. Additionally, the Company notes that there can be no assurance that the above referenced non-GAAP financial measure is comparable to similarly titled financial measures used by other companies. The information in Item 2.02 of this Current Report on Form 8-K and the Press Release attached hereto as Exhibit 99.1 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.
01 FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS. (d) Exhibits. EXHIBIT # 99.1 Press release of United Security Bancshares dated October 18, 2024
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized. United Security Bancshares Date: October 18, 2024 By: /s/ David A. Kinross David A. Kinross Senior Vice President and Chief Financial Officer