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United Security Bancshares, Inc. (Parent Company Only) Financial Information
 12 Months Ended
Dec. 31, 2014
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
United Security Bancshares, Inc. (Parent Company Only) Financial Information
21. UNITED SECURITY BANCSHARES, INC. (PARENT COMPANY ONLY) FINANCIAL INFORMATION

Balance Sheets

 

     Year Ended December 31,  
     2014      2013  
     (Dollars in Thousands)  

Assets:

   

Cash on deposit

    $ 64       $ 73   

Investment in subsidiaries

      75,676         70,557   
  

 

 

     

 

 

  

Total Assets

    $ 75,740       $ 70,630   
  

 

 

     

 

 

  

Liabilities:

      

Other liabilities

    $ 578       $ 535   

Shareholders’ equity

      75,162         70,095   
  

 

 

     

 

 

  

Total liabilities and shareholders’ equity

    $ 75,740       $ 70,630   
  

 

 

     

 

 

  

Statements of Operations

 

     Year Ended December 31,  
     2014      2013  
     (Dollars in Thousands)  

Income:

   

Dividend income, First US Bank

    $ 381       $ 200   

Other income

      —           6   
  

 

 

     

 

 

  

Total income

    $ 381       $ 206   

Expense

      372         334   
  

 

 

     

 

 

  

Gain (loss) before equity in undistributed income of subsidiaries

    $ 9       $ (128 ) 

Equity in undistributed income of subsidiaries

      3,540         4,055   
  

 

 

     

 

 

  

Net income

    $ 3,549       $ 3,927   
  

 

 

     

 

 

  

 

Statements of Cash Flows

 

     Year Ended December 31,  
     2014      2013  
     (Dollars in Thousands)  

Cash flows from operating activities:

   

Net income

    $ 3,549       $ 3,927   

Adjustments to reconcile net income to net cash provided by operating activities:

      

Distributions in excess of undistributed income (loss) of subsidiaries

      (3,539 )       (4,055 ) 

Change in other assets and liabilities

      162         118   
  

 

 

     

 

 

  

Net cash provided by (used in) operating activities

      172         (10 ) 
  

 

 

     

 

 

  

Cash flows from financing activities:

      

Dividends paid

      (181 )       —     
  

 

 

     

 

 

  

Net cash used in financing activities

      (181 )       —     
  

 

 

     

 

 

  

Decrease in cash

      (9 )       (10 ) 

Cash at beginning of year

      73         83   
  

 

 

     

 

 

  

Cash at end of year

    $ 64       $ 73