United Security Bancshares - 7th Best Bank Holding Company in California
December 29 2003 - 8:07PM
PR Newswire (US)
United Security Bancshares - 7th Best Bank Holding Company in
California FRESNO, Calif., Dec. 29 /PRNewswire-FirstCall/ --
American Banker magazine's December 24, 2003, edition ranked United
Security Bancshares 7th in California for its Net Income Per
Employee ratio of $92M. Fourteen California publicly traded bank
holding companies made the list of the top 150 such companies in
the nation. United Security Bancshares was ranked 70th nationally.
Dennis R. Woods, President and Chief Executive Officer of United
Security Bancshares http://www.unitedsecuritybank.com/ added, "I'm
very pleased with this acknowledgment, and very pleased to be
included once again on this prestigious list of high performing
companies. Our appearance in the report acknowledges what we
constantly strive to achieve, consistent growth of shareholder
value." United Security Bancshares is a $510 million bank holding
company for United Security Bank, the largest independent bank head
quartered in the Central San Joaquin Valley. The Bank operates
seven branch offices, as well as two loan centers, administrative
offices and a data center. The bank plans to open its eighth office
in March, and recently announced its intention to acquire Taft
National Bank. The acquisition will bring total branches to 10 and
assets to just under $600 million. For more information about Bank
visit our web site at http://www.unitedsecuritybank.com/.
DATASOURCE: United Security Bancshares CONTACT: Dennis R. Woods,
President and Chief Executive Officer of United Security Bank,
+1-559-248-4928 Web site: http://www.unitedsecuritybank.com/
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