United Security Bancshares (United Security Bancshares) Allowance For Loans And Lease Losses : $-15.66 Mil (As of Dec. 2023)

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What is United Security Bancshares Allowance For Loans And Lease Losses?

United Security Bancshares's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was $-15.66 Mil.

United Security Bancshares's quarterly Allowance For Loans And Lease Losses increased from Jun. 2023 ($-16.11 Mil) to Sep. 2023 ($-15.65 Mil) but then declined from Sep. 2023 ($-15.65 Mil) to Dec. 2023 ($-15.66 Mil).

United Security Bancshares's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-9.33 Mil) to Dec. 2022 ($-10.18 Mil) and declined from Dec. 2022 ($-10.18 Mil) to Dec. 2023 ($-15.66 Mil).

United Security Bancshares Allowance For Loans And Lease Losses Historical Data

The historical data trend for United Security Bancshares's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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United Security Bancshares Allowance For Loans And Lease Losses Chart

United Security Bancshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-7.91

-8.52

-9.33

-10.18

-15.66

United Security Bancshares Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-15.62	-16.11	-15.65	-15.66	-15.45

United Security Bancshares Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

United Security Bancshares Allowance For Loans And Lease Losses Related Terms

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United Security Bancshares (United Security Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » United Security Bancshares (NAS:UBFO) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

N/A

Address

2126 Inyo Street, Fresno, CA, USA, 93721

Website

https://www.unitedsecuritybank.com

United Security Bancshares operates as the holding for United Security Bank. It provides commercial banking services to the business and professional community, and individuals located in Fresno, Madera, and Kern Counties. It offers checking and savings accounts, deposits, mortgage loans, credit and debit cards, safe deposit boxes, automated teller machines, wire transfers, money market accounts, mobile banking, and wealth management services. The company's primary sources of revenue are interest income from loans and investment securities.

Executives

Oberg Robert C Jr	officer: SVP & CHIEF RISK OFFICER	610 DAYTON STREET APT# 3, HAMILTON OH 45011
Dennis R Woods	director, officer: CEO	1525 E. SHAW AVE., FRESNO CA 93710
Jagroop Gill	director	2126 INYO STREET, FRESNO CA 93721
G Thompson Ellithorpe	director	1525 E SHAW AVE, FRESNO CA 93710
Thomas G Walker	director	2126 INYO STREET, FRESNO CA 93721
William M. Yarbenet	officer: SVP & CCO	2126 INYO STREET, FRESNO CA 93721
Kenneth D Newby	director	2126 INYO STREET, FRESNO CA 93721
Susan Quigley	director	2126 INYO STREET, FRESNO CA 93721
Heather Hammack	director	2126 INYO STREET, FRESNO CA 93721
Dora Westerlund	director	2126 INYO STREET, FRESNO CA 93721
Nabeel Mahmood	director	2126 INYO STREET, FRESNO CA 93721
Brian Tkacz	director	2126 INYO STREET, FRESNO CA 93721
Benjamin Mackovak	director	2126 INYO STREET, FRESNO CA 93721
David L Eytcheson	officer: SVP & COO	1525 E SHAW AVE, FRESNO CA 93710
David A Kinross	officer: SVP & CHIEF FINANCIAL OFFICER	600 POLLASKY AVENUE, CLOVIS CA 93612