<SEC-DOCUMENT>0001157523-16-004236.txt : 20160120
<SEC-HEADER>0001157523-16-004236.hdr.sgml : 20160120
<ACCEPTANCE-DATETIME>20160120160626
ACCESSION NUMBER:		0001157523-16-004236
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20160120
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20160120
DATE AS OF CHANGE:		20160120

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			UNITED SECURITY BANCSHARES INC
		CENTRAL INDEX KEY:			0000717806
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				630843362
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0223

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-14549
		FILM NUMBER:		161351085

	BUSINESS ADDRESS:	
		STREET 1:		P O BOX 249
		STREET 2:		131 WEST FRONT STREET
		CITY:			THOMASVILLE
		STATE:			AL
		ZIP:			36784
		BUSINESS PHONE:		3346365424

	MAIL ADDRESS:	
		STREET 1:		P O BOX 249
		STREET 2:		131 WEST FRONT STREET
		CITY:			THOMASVILLE
		STATE:			AL
		ZIP:			36784
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a51263205.htm
<DESCRIPTION>UNITED SECURITY BANCSHARES, INC. 8-K
<TEXT>
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    <p style="text-align: center">
      <br>
      <font style="font-family: Times New Roman; font-size: 12pt"><b>UNITED
      STATES</b></font><font style="font-family: Times New Roman; font-size: 12pt"><br style="font-size: 12pt; font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 12pt"><b>SECURITIES
      AND EXCHANGE COMMISSION</b></font><font style="font-family: Times New Roman; font-size: 12pt"><br style="font-size: 12pt; font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 12pt"><b>Washington,
      D.C. 20549</b></font><font style="font-family: Times New Roman; font-size: 12pt"><br style="font-size: 12pt; font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 12pt"><br style="font-size: 12pt; font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 12pt"><b>FORM
      8-K</b></font><font style="font-family: Times New Roman; font-size: 12pt"><br style="font-size: 12pt; font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 12pt"><br style="font-size: 12pt; font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 12pt"><b>CURRENT
      REPORT</b></font><br><br><font style="font-size: 12pt"><b>Pursuant to
      Section&#160;13 or 15(d) of the Securities Exchange Act of 1934</b></font><br><br>Date
      of Report (Date of earliest event reported):&#160;&#160;January 20, 2016<br>
    </p>
    <p style="text-align: center">
      <br>
      <br>

    </p>
    <div style="text-align:center">
    <table cellspacing="0" style="width: 90%; margin-bottom: 10.0px; font-size: 10pt; margin-left:auto;margin-right:auto; font-family: Times New Roman">
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          <p style="margin-bottom: 0px; margin-top: 0px">
            <font style="font-family: Times New Roman; font-size: 16pt"><b>United
            Security Bancshares, Inc.</b></font>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: center">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (Exact Name of Registrant as Specified in Charter)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center; white-space: nowrap">

    </p>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; margin-bottom: 10.0px; font-size: 10pt; font-family: Times New Roman">
      <tr>
        <td valign="top" style="width: 33%; padding-left: 0.0px; text-align: center">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Delaware</b>
          </p>
        </td>
        <td valign="top" style="width: 34%; padding-left: 0.0px; text-align: center; white-space: nowrap; padding-right: 0.0px">
          <b>0-14549</b>
        </td>
        <td valign="top" style="width: 33%; padding-left: 0.0px; text-align: center; white-space: nowrap; padding-right: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>63-0843362</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 33%; padding-left: 0.0px; text-align: center">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (State or Other Jurisdiction
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            of Incorporation)
          </p>
        </td>
        <td valign="top" style="width: 34%; padding-left: 0.0px; text-align: center">
          (Commission File Number)
        </td>
        <td valign="top" style="width: 33%; padding-left: 0.0px; text-align: center">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (IRS Employer
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            Identification No.)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <br>
      <b>131 West Front Street</b><br><b>Post Office Box 249</b><br><b>Thomasville,
      Alabama 36784</b><br>(Address of Principal Executive Offices, including
      Zip Code)<br><br>(Registrant&#8217;s telephone number, including area code): <b>(334)
      636-5424</b><br><br><b>N/A</b><br>(Former Name or Former Address, if
      Changed Since Last Report)<br><br>
    </p>
    <p>
      Check the appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions:
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <div style="width: 100%; margin-left: 0pt; margin-bottom: 10pt; margin-right: 0pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p style="text-align: left">

    </p>
    <p style="text-align: justify">
      <b>Item 8.01 &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Other Events.</b>
    </p>
    <p style="text-indent: 30.0px; text-align: justify">
      On January 20, 2016, First US Bank (&#8220;FUSB&#8221;), the wholly owned banking
      subsidiary of United Security Bancshares, Inc., issued a press release
      announcing that J. Samuel Henderson, III has joined FUSB as Executive
      Vice President, Birmingham Market Executive.&#160;&#160;A copy of the press
      release is attached hereto as Exhibit 99.1.
    </p>
    <p style="white-space: nowrap">
      <b>Item 9.01.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Financial Statements and Exhibits.</b>
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; margin-bottom: 10.0px; font-size: 10pt; font-family: Times New Roman">
      <tr>
        <td valign="top" style="width: 6%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (d)
          </p>
        </td>
        <td valign="top" style="width: 20%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Exhibits
          </p>
        </td>
        <td style="width: 74%">

        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 20%">

        </td>
        <td style="width: 74%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td valign="top" style="width: 20%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>Exhibit Number</u>
          </p>
        </td>
        <td valign="top" style="width: 74%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>Exhibit</u>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 20%">

        </td>
        <td style="width: 74%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td valign="top" style="width: 20%; padding-left: 0.0px; text-align: left; white-space: nowrap; padding-right: 0.0px">
          99.1
        </td>
        <td valign="top" style="width: 74%; padding-left: 0.0px; text-align: left">
          Press Release dated January 20, 2016
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <div style="width: 100%; margin-left: 0pt; margin-bottom: 10pt; margin-right: 0pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p style="text-align: center">

    </p>
    <p style="text-align: center">
      <b>SIGNATURES</b>
    </p>
    <p style="text-indent: 30.0px; text-align: left">
      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.<br><br>
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; margin-bottom: 10.0px; font-size: 10pt; font-family: Times New Roman">
      <tr>
        <td valign="top" style="width: 6%; padding-left: 0.0px; text-align: left">
          <p>
            Dated:
          </p>
        </td>
        <td valign="top" style="width: 44%; padding-left: 0.0px; text-align: left">
          <p>
            January 20, 2016
          </p>
        </td>
        <td valign="top" style="width: 4%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td colspan="2" valign="top" style="padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>UNITED SECURITY BANCSHARES, INC.</b>
          </p>
        </td>
        <td style="width: 10%">

        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 44%">

        </td>
        <td valign="top" style="width: 4%; padding-left: 0.0px; text-align: left">

        </td>
        <td style="width: 6%">

        </td>
        <td style="width: 30%">

        </td>
        <td style="width: 10%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 44%">

        </td>
        <td style="width: 4%">

        </td>
        <td valign="top" style="width: 6%; padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            By:
          </p>
        </td>
        <td valign="top" style="border-bottom-width: 1.0pt; border-bottom-color: black; width: 30%; padding-left: 0.0px; border-bottom-style: solid; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            /s/ Beverly J. Dozier
          </p>
        </td>
        <td style="width: 10%">

        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 44%">

        </td>
        <td valign="top" style="width: 4%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="width: 6%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Name:
          </p>
        </td>
        <td valign="top" style="width: 30%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Beverly J. Dozier
          </p>
        </td>
        <td style="width: 10%">

        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 44%">

        </td>
        <td style="width: 4%">

        </td>
        <td style="width: 6%">

        </td>
        <td colspan="2" valign="top" style="padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Vice President, Secretary and Assistant Treasurer
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a51263205ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>First US
      Bank Names J. Samuel Henderson, III as Executive Vice President,
      Birmingham Market Executive</b></font>
    </p>
    <p>
      THOMASVILLE, Ala.--(BUSINESS WIRE)--January 20, 2016--First US Bank
      (&#8220;FUSB&#8221; or the &#8220;Bank&#8221;), the wholly owned banking subsidiary of United
      Security Bancshares, Inc. (&#8220;USBI&#8221; or the &#8220;Company&#8221;) (Nasdaq: USBI),
      announced today that J. Samuel Henderson, III has joined the Bank as
      Executive Vice President, Birmingham Market Executive.
    </p>
    <p>
      Henderson has extensive experience in the financial and banking
      industries. He most recently held the position of Senior Vice President,
      Birmingham Area Executive, and State Commercial and Industrial Banking
      Executive with USAmeriBank in Birmingham. Prior to joining USAmeriBank,
      Henderson worked for Sterne Agee Group, Inc. in Birmingham as its Senior
      Vice President, Correspondent Banking and Industrial Bank De novo Team,
      and also served as President and CEO of The Trust Company of Sterne
      Agee, Inc. Henderson has worked in various other capacities over the
      years and has significant experience with commercial and industrial
      lending, retail banking, commercial real estate lending, mortgage
      lending, treasury management, risk management, and strategic planning,
      as well as experience creating and managing lending teams.
    </p>
    <p>
      Commenting on Henderson&#8217;s appointment, James F. House, President and
      Chief Executive Officer of USBI and FUSB, said, &#8220;I am pleased to have
      Sam join our staff and team in the position of Executive Vice President,
      Birmingham Market Executive. He has a strong background in commercial
      and industrial lending, loan growth, and sales, and he has extensive
      business relationships from his many years in the financial and banking
      industries, which will be beneficial to the Bank in the greater
      Birmingham area. We look forward to his leadership as we continue to
      focus on growth and improvement of asset quality in an effort to
      increase earnings and move the Bank forward.&#8221;
    </p>
    <p>
      &#8220;We at First US Bank believe that we have the correct strategy to grow
      and become a relevant financial institution in the greater Birmingham
      area,&#8221; stated Henderson. &#8220;I look forward to working with the Bank as we
      continue to strengthen our presence and grow in Alabama.&#8221;
    </p>
    <p>
      Henderson received a Bachelor&#8217;s Degree in Business Administration from
      the University of South Carolina and also graduated from the LSU
      Graduate School of Banking. Henderson and his wife reside in Birmingham
      and have three children.
    </p>
    <p>
      <b>About United Security Bancshares, Inc.</b>
    </p>
    <p>
      United Security Bancshares, Inc. is a bank holding company that operates
      twenty banking offices in Alabama through First US Bank, which was
      established in 1952. In addition, the Company&#8217;s operations include
      Acceptance Loan Company, Inc., a consumer loan company (&#8220;ALC&#8221;), and FUSB
      Reinsurance, Inc., an underwriter of credit life and credit accident and
      health insurance policies sold to the Bank&#8217;s and ALC&#8217;s consumer loan
      customers. The Company&#8217;s stock is traded on the Nasdaq Capital Market
      under the symbol &#8220;USBI.&#8221;
    </p>
    <div style="margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <i><b>Forward-Looking Statements</b></i>
    </p>
    <p>
      <i>This press release contains forward-looking statements, as defined by
      federal securities laws.</i> <i>Statements contained in this press
      release that are not historical facts are forward-looking statements.</i>
      <i>These statements may address issues that involve significant risks,
      uncertainties, estimates and assumptions made by management.</i> <i>USBI
      undertakes no obligation to update these statements following the date
      of this press release, except as required by law.</i> <i>In addition,
      USBI, through its senior management, may make from time to time
      forward-looking public statements concerning the matters described
      herein.</i> <i>Such forward-looking statements are necessarily estimates
      reflecting the best judgment of USBI&#8217;s senior management based upon
      current information and involve a number of risks and uncertainties.</i> <i>Certain
      factors that could affect the accuracy of such forward-looking
      statements are identified in the public filings made by USBI with the
      Securities and Exchange Commission, and forward-looking statements
      contained in this press release or in other public statements of USBI or
      its senior management should be considered in light of those factors.</i>
      <i>Specifically, with respect to statements relating to loan demand,
      growth and earnings potential, geographic expansion, and the adequacy of
      the allowance for loan losses for USBI, these factors include, but are
      not limited to, the rate of growth (or lack thereof) in the economy
      generally and in the Bank&#8217;s and ALC&#8217;s service areas, the availability of
      quality loans in the Bank&#8217;s and ALC&#8217;s service areas, and, the relative
      strength and weakness in the consumer and commercial credit sectors and
      in the real estate markets and collateral values.</i> <i>There can be no
      assurance that such factors or other factors will not affect the
      accuracy of such forward-looking statements.</i>
    </p>
    <p style="text-align: center">

    </p>
    <p>
      CONTACT:<br>United Security Bancshares, Inc.<br>Tom Elley, 334-636-5424
    </p>
    <p style="white-space: nowrap">

    </p>
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