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Parent Company Only Financial Statements (Tables) | 12 Months Ended
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Dec. 31, 2024
Condensed Financial Information Disclosure [Abstract] |
Schedule of Condensed Financial Statements of Parent | The following are the condensed financial statements of United Security Bancshares and should be read in conjunction with the consolidated financial statements:
United Security Bancshares – (parent only) |  |  |  |
Balance Sheets - December 31, 2024, and 2023 |  |  |  |
(In thousands) |  | 2024 |  | 2023
Assets |  |  |  |
Cash and equivalents |  | $ | 2,584 |  |  | $ | 2,902 |
Investment in bank subsidiary |  | 139,845 |  |  | 131,810 |
Other assets |  | 1,588 |  |  | 1,102 |
Total assets |  | $ | 144,017 |  |  | $ | 135,814 |
Liabilities & Shareholders’ Equity |  |  |  |
Liabilities: |  |  |  |
Junior subordinated debentures (at fair value) |  | $ | 11,572 |  |  | $ | 11,213 |
Dividends declared |  | 2,083 |  |  | 2,059 |
Total liabilities |  | 13,655 |  |  | 13,272 |
Shareholders’ Equity: |  |  |  |
Common stock, no par value; 20,000,000 shares authorized; issued and outstanding: 17,364,894 at December 31, 2024 and 17,167,895 at December 31, 2023 |  | 61,267 |  |  | 60,585 |
Retained earnings |  | 83,447 |  |  | 76,995 |
Accumulated other comprehensive loss, net of tax |  | (14,352) |  |  | (15,038) |
Total shareholders’ equity |  | 130,362 |  |  | 122,542 |
Total liabilities and shareholders’ equity |  | $ | 144,017 |  |  | $ | 135,814 |
United Security Bancshares – (parent only) |  | Years ended December 31, |  |
Income Statements |  |  |
(In thousands) |  | 2024 |  | 2023 |  |
Income |  |  |  |  |  |
(Loss) gain on fair value of junior subordinated debentures |  | $ | (614) |  |  | $ | 274 |  |  |
Dividends from subsidiary |  | 9,311 |  |  | 8,451 |  |  |
Total income |  | 8,697 |  |  | 8,725 |  |  |
Expense |  |  |  |  |  |
Interest expense |  | 816 |  |  | 799 |  |  |
Other expense |  | 511 |  |  | 460 |  |  |
Total expense |  | 1,327 |  |  | 1,259 |  |  |
Income before taxes and equity in undistributed income of subsidiary |  | 7,370 |  |  | 7,466 |  |  |
Benefit for income taxes |  | (574) |  |  | (291) |  |  |
Equity in undistributed income of subsidiary |  | 6,839 |  |  | 12,039 |  |  |
Net Income |  | $ | 14,783 |  |  | $ | 19,796 |  |  |
United Security Bancshares – (parent only) |  | Years ended December 31,
Statement of Cash Flows |
(In thousands) |  | 2024 |  | 2023 |  |
Cash Flows From Operating Activities |  |  |  |  |  |
Net income |  | $ | 14,783 |  |  | $ | 19,796 |  |  |
Adjustments to reconcile net income to cash provided by operating activities: |  |  |  |  |  |
Equity in undistributed income of subsidiary |  | (6,839) |  |  | (12,039) |  |  |
Benefit for deferred income taxes |  | (130) |  |  | (70) |  |  |
Loss (gain) on fair value of junior subordinated debentures |  | 614 |  |  | (274) |  |  |
(Increase) decrease in income tax receivable |  | (394) |  |  | 200 |  |  |
Net decrease in other assets |  | (46) |  |  | 800 |  |  |
Net cash provided by operating activities |  | 7,988 |  |  | 8,413 |  |  |
Cash Flows From Financing Activities |  |  |  |  |  |
Dividends paid |  | (8,306) |  |  | (8,451) |  |  |
Net cash used in financing activities |  | (8,306) |  |  | (8,451) |  |  |
Net decrease in cash and cash equivalents |  | (318) |  |  | (38) |  |  |
Cash and cash equivalents at beginning of year |  | 2,902 |  |  | 2,940 |  |  |
Cash and cash equivalents at end of year |  | $ | 2,584 |  |  | $ | 2,902 |  |  |

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- Definition Tabular disclosure of condensed financial statements, including, but not limited to, the balance sheet, income statement, and statement of cash flows. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-X (SX) -Number 210 -Section 12 -Subsection 04 -Paragraph a -Publisher SEC Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3 + Details
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