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United Security Bancshares, Inc. (Parent Company Only) Financial Information (Tables)
12 Months Ended
Dec. 31, 2015
Condensed Financial Information Of Parent Company Only Disclosure [Abstract]  
Summary of Balance Sheets

 

 

 

Year Ended December 31,

 

 

 

2015

 

 

2014

 

 

 

(Dollars in Thousands)

 

Assets:

 

 

 

 

 

 

 

 

Cash on deposit

 

$

150

 

 

$

64

 

Investment in subsidiaries

 

 

76,499

 

 

 

75,676

 

Other assets

 

 

246

 

 

 

 

Total assets

 

$

76,895

 

 

$

75,740

 

Liabilities:

 

 

 

 

 

 

 

 

Other liabilities

 

$

579

 

 

$

578

 

Shareholders’ equity

 

 

76,316

 

 

 

75,162

 

Total liabilities and shareholders’ equity

 

$

76,895

 

 

$

75,740

 

 

Summary of Statements of Operations

 

 

 

Year Ended December 31,

 

 

 

2015

 

 

2014

 

 

 

(Dollars in Thousands)

 

Income:

 

 

 

 

 

 

 

 

Dividend income, First US Bank

 

$

1,453

 

 

$

381

 

Total income

 

$

1,453

 

 

$

381

 

Expense

 

 

707

 

 

 

372

 

Gain before equity in undistributed income of

   subsidiaries

 

$

746

 

 

$

9

 

Equity in undistributed income of subsidiaries

 

 

1,849

 

 

 

3,540

 

Net income

 

$

2,595

 

 

$

3,549

 

 

Summary of Statements of Cash Flows

 

 

 

Year Ended December 31,

 

 

 

2015

 

 

2014

 

 

 

(Dollars in Thousands)

 

Cash flows from operating activities:

 

 

 

 

 

 

 

 

Net income

 

$

2,595

 

 

$

3,549

 

Adjustments to reconcile net income to net cash provided

   by operating activities:

 

 

 

 

 

 

 

 

Distributions in excess of undistributed income (loss) of

   subsidiaries

 

 

(1,849

)

 

 

(3,539

)

Change in other assets and liabilities

 

 

(176

)

 

 

162

 

Net cash provided by operating activities

 

 

570

 

 

 

172

 

Cash flows from financing activities:

 

 

 

 

 

 

 

 

Dividends paid

 

 

(484

)

 

 

(181

)

Net cash provided by financing activities

 

 

(484

)

 

 

(181

)

Net increase (decrease) in cash

 

 

86

 

 

 

(9

)

Cash at beginning of year

 

 

64

 

 

 

73

 

Cash at end of year

 

$

150

 

 

$

64