|
Employee Benefit Plans
|
12 Months Ended |
|---|---|
|
Dec. 31, 2011
|
|
| Employee Benefit Plans [Abstract] | |
| Employee Benefit Plans | 13. EMPLOYEE BENEFIT PLANS The Company sponsors a combined 401(k) and employee stock ownership plan, the United Security Bancshares, Inc. Employee Stock Ownership Plan (With 401(k) Provisions) (the "Plan"). The Plan allows participants to defer up to 15% of their compensation on a pre-tax basis, subject to the statutory annual contribution limit. For 2011, the Company made "safe harbor" contributions on behalf of participants in the form of a match that was equal to 100% of each participant's elective deferrals, up to a maximum of 4% of the participant's eligible compensation. The Company also made discretionary contributions on behalf of participants in the form of a match that was equal to 2% of each participant's elective deferrals. The Company's matching contributions to the Plan totaled $427,291 and $401,056 in 2011 and 2010, respectively. Participants can elect to invest all or a portion of their assets in the Plan in the form of Company stock. The Plan held 343,952 and 302,399 shares of Company stock at December 31, 2011 and 2010, respectively. These shares are allocated to participants in the Plan and, accordingly, are included in the earnings per share calculations. |