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United Security Bancshares : reports 2nd quarter net income of $2.7 million (Form 8-K)


United Security Bancshares reports 2nd quarter net income of $2.7 million
FRESNO, CA - July 21, 2021. United Security Bancshares (Nasdaq: UBFO) today announced its unaudited financial results for the three and six months ended June 30, 2021. The Company recognized net income of $4.1 million, or $0.24 per basic and diluted share for the six months ended June 30, 2021, compared to net income of $4.8 million, or $0.28 per basic and diluted share for the six months ended June 30, 2020.
Second Quarter 2021 Highlights(at or for the quarter ended June 30, 2021, except where noted)
▪Net income for the quarter increased 34.44% to $2.7 million, compared to $2.0 million for the quarter ended June 30, 2020. The increase is primarily the result of an increase of $859,000 in loan interest income and fees, and decrease in OREO expense of $890,000. ....

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Deputies investigating bank robbery in Bakersfield


Deputies investigating bank robbery in Bakersfield
and last updated 2021-06-30 22:21:15-04
BAKERSFIELD, Calif. (KERO) — The Kern County Sheriff s Office is investigating a bank robbery at the United Security Bank on Coffee Rd and Downing Ave.
KCSO says staff at the bank reported the incident just before 4 pm.
They describe the suspect as a man, who mentioned he had a gun but did not show the weapon. He left the scene before deputies arrived and has not been found.
There were no injuries to the staff according to KCSO. The investigation is ongoing.
No word on if this man is the same suspect from another bank robbery in Kern just a few days ago. ....

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Taft Police activity for April 26-27


Taft Police activity for April 26-27
Taft Police Department
10:00 Vandalism - Less than $1,000
Occurred at United Security Bank on Cascade Pl. Disposition: Report Taken.
11:36 Welfare Check - Misc.
Occurred on Pine Dr. . Disposition: Checks Ok.
11:50 Medical Aid
12:59 Assist other Departments
2:03 Theft under $50
2:31 Suspicious Circumstances
3:10 Traffic Accident - Non Injury
Occurred at Hwy 119/E. Kern St. . Disposition: Report Taken.
3:49 False Alarms
5:33 Disturbing the Peace
Occurred at Skate Park on Cascade Pl. Disposition: Warning (Verbal/Written).
6:22 Suspicious Circumstances
6:47 Follow Up Investigation
Officer initiated activity at Pierce St, Ford City. . Disposition: Completed.
8:17 Misc - Patrol Check
Occurred on Main St. . Disposition: Checks Ok. ....

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