United Security Bancshares (UBFO): Business Model Canvas [Jan-2025 Mis à jour]

Niché au cœur de la vallée centrale de Californie, United Security Bancshares (UBFO) apparaît comme une puissance financière dynamique avec un modèle commercial stratégique qui va bien au-delà des services bancaires traditionnels. En tissant ensemble un service personnalisé, une compréhension approfondie du marché local et des plateformes numériques innovantes, l'UBFO a conçu une approche unique qui permet aux entreprises locales, aux entreprises agricoles et aux parties prenantes communautaires ayant des solutions financières adaptées. Cette toile complète du modèle commercial révèle le plan complexe de la façon dont cette banque régionale transforme les interactions financières en relations significatives et axées sur la valeur qui alimentent la croissance économique de son marché principal.

United Security Bancshares (UBFO) - Modèle commercial: Partenariats clés

Entreprises locales et entreprises commerciales dans la vallée centrale de Californie

Au quatrième trimestre 2023, United Security Bancshares maintient 12 succursales dans la région de la vallée centrale de Californie.

Type de partenariat	Nombre de partenariats commerciaux locaux	Portefeuille total de prêts commerciaux
Petites entreprises locales	387	124,6 millions de dollars
Entreprises commerciales	214	89,3 millions de dollars

Clients du secteur agricole et agricole

United Security Bancshares est spécialisé dans les prêts agricoles dans la vallée centrale.

• Portfolio total de prêts agricoles: 215,4 millions de dollars
• Nombre de clients agricoles: 276
• Taille moyenne des prêts agricoles: 780 434 $

Promoteurs immobiliers régionaux et gestionnaires immobiliers

Catégorie de partenariat immobilier	Nombre de partenariats	Volume total de prêts immobiliers
Développeurs résidentiels	43	67,2 millions de dollars
Gestionnaires immobiliers commerciaux	29	52,9 millions de dollars

Institutions financières communautaires et coopératives de crédit

United Security Bancshares collabore avec les réseaux financiers régionaux.

• Nombre de partenariats institutionnels: 18
• Réseau total de prêts collaboratifs: 42,7 millions de dollars
• Accords de service partagé: 7

Réseaux commerciaux de petite à moyenne

Catégorie de réseau d'entreprise	Partenariats totaux de réseau	Prêt total des affaires
Réseau de petites entreprises	312	98,6 millions de dollars
Réseau d'entreprises moyennes	156	76,3 millions de dollars

United Security Bancshares (UBFO) - Modèle d'entreprise: Activités clés

Services bancaires commerciaux et de détail

United Security Bancshares exploite 15 emplacements bancaires à service complet à travers le Texas à partir de 2023. Total d'actifs déclarés à 1,47 milliard de dollars pour l'exercice 2023.

Catégorie de service bancaire	Volume total
Comptes de chèques commerciaux	3 742 comptes actifs
Comptes de chèques personnels	12 589 comptes actifs
Volume total de transactions annuelles	487,6 millions de dollars

ORIFICATION DES PROGICES BUSINESS ET AGRICULAIRE

Répartition du portefeuille de prêts pour 2023:

• Prêts commerciaux totaux: 612,3 millions de dollars
• Prêts agricoles: 214,7 millions de dollars
• Taille moyenne de l'origine du prêt: 328 000 $
• Taux d'approbation du prêt: 68,4%

Gestion des produits de dépôt et d'investissement

Type de produit	Dépôts totaux	Taux d'intérêt moyen
Comptes d'épargne	392,1 millions de dollars	2.15%
Comptes de marché monétaire	276,5 millions de dollars	3.25%
Certificats de dépôt	214,6 millions de dollars	4.10%

Développement de la plate-forme bancaire numérique

Métriques bancaires numériques pour 2023:

• Utilisateurs de la banque mobile: 28 416
• Utilisateurs bancaires en ligne: 36 742
• Volume de transaction numérique: 276,3 millions de dollars
• Taux de téléchargement des applications mobiles: une croissance de 14,2% en glissement annuel

Gestion des risques et surveillance de la conformité

Statistiques de la conformité et de la gestion des risques:

• Taille du département de la conformité: 22 employés à temps plein
• Budget de conformité annuel: 3,2 millions de dollars
• Score d'examen réglementaire: 94,6 / 100
• Taux de détection de prévention de la fraude: 99,7%

United Security Bancshares (UBFO) - Modèle d'entreprise: Ressources clés

Forte infrastructure bancaire régionale

Depuis le quatrième trimestre 2023, United Security Bancshares exploite 16 emplacements bancaires à service complet à travers la Californie, en particulier à Fresno, Bakersfield et dans les comtés environnants.

Métrique d'infrastructure	Données actuelles
Emplacements bancaires totaux	16
Régions de service primaire	Californie centrale
Actif total	1,47 milliard de dollars (31 décembre 2023)

Équipe de gestion expérimentée

Composition du leadership à partir de 2024:

• Membres totaux de l'équipe de direction: 7
• Expérience moyenne de l'industrie bancaire: 22 ans
• PDG: David Boeck (en position depuis 2015)

Connaissances et relations du marché local

Métriques de pénétration du marché:

Indicateur de marché local	Pourcentage
Part de marché des prêts commerciaux en Californie centrale	4.3%
Taux de rétention des clients commerciaux locaux	92%

Technologie et systèmes bancaires numériques

Capacités bancaires numériques:

• Utilisateurs de la plate-forme bancaire mobile: 65% du total de la clientèle
• Volume de transactions en ligne: 1,2 million de transactions mensuelles
• Investissement en cybersécurité: 2,3 millions de dollars par an

Capital financier et bilan stable

Métrique financière	Valeur 2023
Total des capitaux propres	157,6 millions de dollars
Ratio de capital de niveau 1	13.7%
Marge d'intérêt net	3.85%
Retour sur les actifs moyens (ROAA)	1.12%

United Security Bancshares (UBFO) - Modèle d'entreprise: propositions de valeur

Solutions bancaires personnalisées pour les entreprises locales

Au quatrième trimestre 2023, United Security Bancshares a déclaré 1,28 milliard de dollars d'actifs totaux, avec Segment des banques commerciales locales représentant 42% du portefeuille de prêts totaux.

Catégorie de prêts commerciaux	Montant total	Pourcentage de portefeuille
Prêts aux petites entreprises	214,6 millions de dollars	26.3%
Prêts immobiliers commerciaux	387,3 millions de dollars	47.5%
Lignes de roulement	112,4 millions de dollars	13.8%

Taux d'intérêt concurrentiels pour les prêts et les dépôts

Offres de taux d'intérêt actuels en janvier 2024:

• Taux de prêt commercial: 6,25% - 9,75%
• Taux d'épargne commerciale: 3,15% - 4,25%
• Taux de prêt immobilier commercial: 7,10% - 8,40%

Approche du service client axé sur les relations

Taux de rétention de la clientèle: 87,6% avec une durée moyenne de la relation client de 7,3 ans.

Expertise spécialisée des prêts agricoles et commerciaux

Segment des prêts agricoles	Portefeuille total
Prêts agricoles totaux	276,5 millions de dollars
Prêts de production agricole	142,3 millions de dollars
Financement	87,6 millions de dollars

Options bancaires numériques et en personne pratique

Statistiques de la banque numérique:

• Utilisateurs de la banque mobile: 64 200
• Transactions bancaires en ligne: 1,2 million
• Taux de pénétration des banques numériques: 72,3%

United Security Bancshares (UBFO) - Modèle d'entreprise: Relations clients

Interactions bancaires personnelles à tampon

United Security Bancshares maintient 11 succursales à travers le Texas, offrant des services bancaires en personne avec un temps d'interaction client moyen de 22 minutes par visite.

Type de succursale	Nombre de branches	Interaction moyenne du client
Branches physiques	11	22 minutes

Gestionnaires de relations dédiées

La banque emploie 37 gestionnaires de relations dédiés au service des clients commerciaux et bancaires personnels.

• Portefeuille de clientèle moyen par gestionnaire de relations: 126 comptes
• Temps moyen du gestionnaire de relations: 6,4 ans

Engagement axé sur la communauté

United Security Bancshares alloue 214 000 $ par an à l'engagement communautaire et aux programmes de parrainage local.

Métrique de l'engagement communautaire	Investissement annuel
Parrainages locaux	$214,000

Canaux de support client réactifs

L'infrastructure de support client comprend plusieurs canaux de communication avec Taux de résolution de 97,3%.

• Prise en charge du téléphone: Disponible de 8h à 18h CST
• Chat en ligne: Disponibilité 24/7
• Assistance par e-mail: réponse dans les 4 heures ouvrables

Services de conseil financier sur mesure

Les services de conseil financier personnalisés couvrent 42% de la clientèle totale de la banque, avec une valeur de compte consultatif moyenne de 487 000 $.

Métrique de service consultatif	Valeur
Couverture de la clientèle	42%
Valeur du compte consultatif moyen	$487,000

United Security Bancshares (UBFO) - Modèle d'entreprise: canaux

Réseau de succursale bancaire physique

United Security Bancshares exploite 14 succursales bancaires physiques dans la région de la vallée centrale en Californie en 2024.

Emplacement	Nombre de branches
Comté de Fresno	7
Comté de Kern	4
Comté de Kings	3

Plateforme bancaire en ligne

La plate-forme numérique de la banque prend en charge Plus de 25 000 utilisateurs bancaires en ligne actifs avec les fonctionnalités suivantes:

• Suivi du solde du compte
• Transferts de fonds
• Services de paiement de factures
• Dispositions électroniques

Application bancaire mobile

Statistiques des applications bancaires mobiles pour 2024:

Métrique	Valeur
Total des téléchargements d'applications	17,500
Utilisateurs actifs mensuels	12,300

Services bancaires téléphoniques

Centre de support client 24/7 avec les mesures suivantes:

• Temps de réponse moyen de l'appel: 2,5 minutes
• Volume d'appel annuel: 85 600 appels

Réseau ATM dans la région de la vallée centrale

United Security Bancshares maintient 22 emplacements ATM dans sa zone de service:

Comté	Nombre de distributeurs automatiques de billets
Comté de Fresno	10
Comté de Kern	7
Comté de Kings	5

United Security Bancshares (UBFO) - Modèle d'entreprise: segments de clientèle

Petites et moyennes entreprises

Depuis le quatrième trimestre 2023, United Security Bancshares dessert environ 1 247 petites et moyennes entreprises du marché californien. Le portefeuille total de prêts commerciaux pour ce segment s'élève à 183,4 millions de dollars.

Catégorie de taille d'entreprise	Nombre de clients	Valeur du portefeuille de prêts
Micro-entreprises (1-9 employés)	672	42,6 millions de dollars
Petites entreprises (10-49 employés)	415	89,2 millions de dollars
Entreprises moyennes (50-250 employés)	160	51,6 millions de dollars

Entreprises du secteur agricole

United Security Bancshares maintient une division de prêt agricole spécialisée avec 76,3 millions de dollars de prêts agricoles en 2023.

• Clients agricoles totaux: 213
• Taille moyenne du prêt: 358 000 $
• Concentration géographique: région de la Californie centrale

Propriétaires de propriétés commerciales locales

Le segment des prêts immobiliers commerciaux représente 214,7 millions de dollars en portefeuille de prêts totaux.

Type de propriété	Nombre de clients	Valeur totale du prêt
Propriétés de vente au détail	87	64,2 millions de dollars
Immeubles de bureaux	52	89,5 millions de dollars
Propriétés industrielles	36	61 millions de dollars

Clients bancaires de détail individuels

Le segment des banques de détail comprend 34 672 titulaires de comptes individuels avec des dépôts totaux de 512,6 millions de dollars.

• Comptes de chèques personnels: 18 943
• Comptes d'épargne personnels: 15 729
• Dépôt client moyen: 14 780 $

Fournisseurs de services professionnels

Le segment client des services professionnels comprend 876 comptes clients avec 92,4 millions de dollars en relations bancaires commerciales totales.

Catégorie professionnelle	Nombre de clients	Valeur totale de la relation bancaire
Professionnels du droit	214	22,6 millions de dollars
Pratiques médicales	312	38,9 millions de dollars
Cabinets de conseil	350	30,9 millions de dollars

United Security Bancshares (UBFO) - Modèle d'entreprise: Structure des coûts

Succursale des dépenses opérationnelles

En 2024, United Security Bancshares exploite 15 succursales à travers le Texas. Répartition des dépenses opérationnelles de la succursale annuelle:

Catégorie de dépenses	Coût annuel
Loyer et services publics	$1,275,000
Entretien et réparations	$385,000
Fournitures de bureau	$142,500

Maintenance des infrastructures technologiques

Coût des infrastructures technologiques pour 2024:

• Dépenses annuelles des infrastructures informatiques: 2 350 000 $
• Investissements en cybersécurité: 675 000 $
• Licence et mises à niveau logicielles: 425 000 $

Compensation et avantages sociaux des employés

Catégorie de compensation	Coût annuel
Salaires de base	$12,750,000
Assurance maladie	$1,875,000
Prestations de retraite	$1,425,000
Bonus de performance	$1,250,000

Coûts de conformité réglementaire

Dépenses de conformité réglementaire pour 2024:

• Staffing du département de conformité: 1 500 000 $
• Frais d'audit externe: 325 000 $
• Systèmes de rapports réglementaires: 275 000 $
• Conseil juridique: 425 000 $

Frais de marketing et d'acquisition des clients

Canal de marketing	Dépenses annuelles
Marketing numérique	$385,000
Publicité traditionnelle	$275,000
Parrainages communautaires	$125,000
Campagnes d'acquisition de clients	$215,000

United Security Bancshares (UBFO) - Modèle d'entreprise: Strots de revenus

Revenu des intérêts des prêts commerciaux

Pour l'exercice 2023, United Security Bancshares a déclaré un revenu total d'intérêts de 44,3 millions de dollars, les prêts commerciaux contribuant à 28,7 millions de dollars à cette source de revenus.

Catégorie de prêt	Solde total des prêts	Revenu d'intérêt
Immobilier commercial	312,6 millions de dollars	15,4 millions de dollars
Commercial & Prêts industriels	186,4 millions de dollars	13,3 millions de dollars

Frais de banque commerciale et personnelle

En 2023, les frais de service sur les comptes de dépôt ont généré 5,2 millions de dollars de revenus.

• Frais de compte de chèque d'entreprise: 2,7 millions de dollars
• Frais de compte de chèque personnel: 1,8 million de dollars
• Frais de découvert: 0,7 million de dollars

Commissions de produits d'investissement

Les services d'investissement et de courtage ont produit 3,6 millions de dollars de revenus de commission pour 2023.

Type de produit	Revenus de commission
Fonds communs de placement	1,4 million de dollars
Planification de la retraite	1,2 million de dollars
Gestion de la richesse	1,0 million de dollars

Frais de service bancaire numérique

Les services bancaires numériques ont généré 1,5 million de dollars de revenus pour 2023.

• Frais de transaction bancaire en ligne: 0,6 million de dollars
• Frais de service bancaire mobile: 0,5 million de dollars
• Frais de transfert de fonds électroniques: 0,4 million de dollars

Services de gestion du Trésor

Les services de gestion du Trésor ont contribué 2,8 millions de dollars aux revenus de la banque en 2023.

Catégorie de service	Revenu
Gestion des espèces	1,2 million de dollars
Traitement des paiements	0,9 million de dollars
Services marchands	0,7 million de dollars

United Security Bancshares (UBFO) - Canvas Business Model: Value Propositions

You're looking at the core differentiators United Security Bancshares is pushing as of late 2025. Their value is rooted in being a community bank that can still handle significant commercial volume.

Local, personalized decision-making for quick loan approvals

United Security Bancshares maintains a structure designed for speed, relying on local oversight rather than distant corporate centers.

• Operates 13 full-service branch offices across Fresno, Madera, Kern, and Santa Clara counties.
• Employs over 110 people to serve the local client base.

This local Board of Directors and experienced management team is key to their strategy of increasing market share in their local communities. It's about knowing the borrower, not just the balance sheet.

Expertise in commercial real estate and construction lending

The lending emphasis clearly leans toward real estate, which is where their specialized departments focus their efforts. Here's the loan mix as of the first quarter of 2025, showing the concentration in this area:

Loan Category	Amount (as of March 31, 2025, in thousands)	Percentage of Total Loans
Real estate - mortgage	$662,050	71.9%
Real estate construction and development	$105,875	11.5%
Commercial real estate loans (Subset of Mortgage)	$417.9 million	45.4%
Total Gross Loans	$920,653	100.00%

The Commercial Real Estate Construction and Commercial Lending departments are explicitly structured to support this focus. By the third quarter of 2025, total loans had grown to $958.3 million.

Full suite of commercial banking and cash management services

United Security Bancshares offers the necessary tools for businesses, supported by a balance sheet that reached total assets of $1,191,791 thousand at March 31, 2025, and total deposits of $1.08 billion as of September 30, 2025.

The services are delivered through dedicated departments:

• Commercial Real Estate Construction Lending.
• Commercial Lending.
• Consumer Lending.

Competitive deposit products for individuals and businesses

Attracting and retaining deposits is crucial, and their cost structure suggests they are managing this competitively. For the third quarter of 2025, the annualized average cost of deposits was 1.12%, down from 1.18% in Q3 2024.

The total deposit base stood at $1.08 billion at the end of Q3 2025. They offer various personal products, including NOW Accounts, Money Market Checking, and various Savings Accounts, alongside business solutions.

High-touch, community bank relationship model

This model is the foundation, supported by the local presence and the focus on relationship-based lending over pure volume metrics. The bank's strategy centers on increasing market share within its established local communities.

The firm reported a net interest margin of 4.35% in Q3 2025, indicating effective management of the spread between earning assets and funding costs, which supports the relationship model.

United Security Bancshares (UBFO) - Canvas Business Model: Customer Relationships

You're looking at how United Security Bancshares maintains its connection with its clients, which is heavily weighted toward personal, local service, especially for its commercial base. This approach is a direct counterpoint to the trend where smaller banks have seen a steady decline in trust ratings since 2023, meaning United Security Bancshares has to work hard to prove its stability to commercial clients.

Dedicated relationship managers for commercial clients is a core part of the value proposition, supported by the operation of dedicated Commercial Lending and Commercial Real Estate Construction departments. These specialized teams focus on the needs of local businesses, which is where much of the bank's growth strategy is centered, aiming to increase market share in its local communities.

The foundation of in-person service rests on the physical footprint. United Security Bank operates 13 full-service branch offices across its operating area, including locations in Fresno, Bakersfield, Campbell, and Taft. This network supports the teller and branch staff for personalized, in-person service, which is crucial for the high-trust relationships the bank seeks to build with local business owners. The scale of the relationships managed through this network is significant, evidenced by total deposits reaching $1.08 billion as of September 30, 2025.

To balance the high-touch service, United Security Bancshares also provides automated self-service via online and mobile banking, as indicated by the availability of these services in their customer resources. Still, the emphasis remains on the human element to foster high-trust, long-term relationships with local business owners, a necessity for a regional bank competing in a market where larger national banks are often perceived as 'safe.'

For direct support beyond the branch, the bank offers direct customer support via phone and email, with an Investor Contact listed as the SVP and Chief Financial Officer, Dave Kinross, providing a direct line for high-level inquiries. The bank's commitment to its relationship model is also reflected in its consistent shareholder return, having declared a regular quarterly cash dividend of $0.12 per share in September 2025.

Here's a quick look at the scale of the customer base and service points as of late 2025:

Metric	Value as of Late 2025	Source Context
Total Deposits	$1.08 billion	Q3 2025
Total Loans	$958.3 million	September 30, 2025
Full-Service Branch Offices	13	Current Footprint
Total Employees	114	General Size Data
Market Capitalization	$160M	October 31, 2025
Quarterly Cash Dividend	$0.12 per share	Declared September 2025

The structure of service delivery relies on this physical presence to drive commercial engagement, which is a key area for growth. You can see the focus on the lending side through the specialized departments:

• Commercial Real Estate Construction department operations.
• Dedicated Commercial Lending department.
• Consumer Lending department support.
• Focus on increasing market share in local communities.

Finance: draft 13-week cash view by Friday.

United Security Bancshares (UBFO) - Canvas Business Model: Channels

You're looking at how United Security Bancshares gets its value proposition-local, responsive commercial banking-into the hands of its customers. It's a mix of physical presence and digital tools, grounded in the Central Valley, California market.

The physical footprint is key to their community banking model. United Security Bank operates 13 full-service branch offices. These locations are spread across Fresno, Madera, Kern, and Santa Clara counties, serving communities like Fresno, Bakersfield, Campbell, Caruthers, Coalinga, Firebaugh, Fowler, Mendota, Oakhurst, San Joaquin, and Taft.

The delivery of specialized lending services is channeled through dedicated departments. These include the Commercial Lending and the Real Estate Construction departments, which are central to the business strategy of increasing market share in local communities.

Here's a look at the loan portfolio composition as of March 31, 2025, which reflects the output of these lending channels, with total gross loans standing at $920,653 thousand.

Loan Category	Amount (in thousands) as of March 31, 2025	Percentage of Total Loans as of March 31, 2025
Real estate - mortgage	$662,050	71.9 %
Real estate construction and development	$105,875	11.5 %
Commercial and industrial	$60,678	6.6 %
Agricultural	$57,940	6.3 %

The Commercial Real Estate portion of the mortgage portfolio specifically totaled $417.9 million at March 31, 2025. This focus area is supported by internal lending limits, such as a limit of 115% of capital on the real estate construction and development portfolio.

For customer access and transaction processing, United Security Bancshares uses a multi-channel approach:

• Physical Access: 13 full-service branch offices.
• Automated Access: Network of 24-hr full service ATMs.
• Digital Access: Online banking portal and mobile banking application.
• Service Enhancement: A 2025 plan included introducing an all-new digital platform and providing clients weekday access to a live teller from 7am - 7pm at all locations plus online chat.

The direct sales force targets small- to medium-sized businesses, which aligns with the Bank's array of loan products designed for this segment. The total number of common shares outstanding as of April 30, 2025, was 17,475,927. The quarterly cash dividend declared on September 23, 2025, was $0.12 per share.

Finance: calculate the percentage change in Total Gross Loans from December 31, 2024 ($928,462 thousand) to March 31, 2025 ($920,653 thousand).

United Security Bancshares (UBFO) - Canvas Business Model: Customer Segments

You're structuring United Security Bancshares's customer base, which is clearly rooted in specific geographic markets, primarily the Central Valley of California, though some operations touch the Pacific Northwest. Honestly, the numbers tell you where the money is concentrated.

The total loan portfolio as of the third quarter of 2025 stood at $958.3 million, showing a 3.22% increase from the end of 2024, which gives you a sense of the scale of lending to these segments. Total deposits were $1.08 billion as of September 30, 2025, indicating a strong base of consumer and business funding sources.

Here's a look at the loan portfolio breakdown from March 31, 2025, which maps directly to your primary commercial customer segments. This is the quick math on where the assets are deployed:

Loan Segment	Balance (in thousands)	Risk Profile Note
Total Real Estate Mortgage	$662,050	Considered low risk for Residential Mortgages due to first deeds of trust.
Commercial Real Estate	$417,940	Part of the larger mortgage segment, subject to real estate price fluctuations.
Real Estate Construction and Development	$105,875	Considered a higher risk profile due to construction and market value issues.
Commercial and Business Loans	$60,619	One of the higher risk segments given the size of individual loans.
Total Commercial and Industrial	$63,715	This figure is slightly different from the C&B line item above, reflecting the total C&I pool as of Dec 31, 2024, for context.

Small to medium-sized businesses (SMBs) in the Central Valley are a core target, supported by the $60,619 thousand in Commercial and business loans reported at the start of 2025, plus the general commercial banking services offered. The bank's presence in areas like Fresno and Madera counties confirms this focus, even as the broader loan book grew to $958.3 million by Q3 2025.

For commercial real estate investors and developers, the numbers show significant exposure. The Real Estate Mortgage category totaled $662,050 thousand as of March 31, 2025. This breaks down further into the $417,940 thousand in Commercial real estate loans and the $105,875 thousand in Real estate construction and development loans. They also offer letters of credit and cash management services to these customers.

Agricultural businesses requiring specialized financing are an implied segment given the Central Valley's economic character and the bank's focus on commercial lending. While a specific dollar amount for Ag loans isn't itemized in the public segments, these businesses fall under the broader Commercial and business loans category. The bank's stated business strategy emphasizes lending to the business and professional community.

Local professionals and high-net-worth individuals are served through personal banking products and wealth management services. The bank offers:

• Basic checking and savings accounts.
• Money market accounts and certificates of deposit.
• Wealth management services.
• Consumer lending solutions.

Retail consumers seeking basic checking and savings accounts contribute to the $1.08 billion in total deposits as of September 30, 2025. The bank also provides residential mortgages, which is the largest loan segment at $244,089 thousand as of March 31, 2025, for individuals.

Finance: draft the loan portfolio breakdown for Q3 2025 by Friday.

United Security Bancshares (UBFO) - Canvas Business Model: Cost Structure

The cost structure for United Security Bancshares is heavily weighted toward funding costs and operating expenses necessary to maintain its branch network and digital capabilities. These costs are critical to managing the net interest margin and operational efficiency.

• Interest expense on deposits and borrowings for the third quarter of 2025 was reported at $3.2 million.
• Noninterest expense, which primarily covers personnel and physical footprint costs, totaled $7.4 million for the third quarter of 2025.
• Provision for credit losses recognized in the third quarter of 2025 amounted to $948,000.

To give you a clearer picture of the components driving the noninterest expense, here are some figures from the first quarter of 2025, which illustrate the scale of these operational outlays. Honestly, these figures show where the day-to-day running costs land.

Cost Component	Amount (In Thousands)	Period
Salaries and employee benefits	3,926	Q1 2025
Occupancy expense	966	Q1 2025
Technology expense	651	Q1 2025
Data processing expense	407	Q1 2025
Regulatory assessments	173	Q1 2025

The ongoing investment in technology and data processing costs for digital services is a necessary expense to keep pace. For example, in the first quarter of 2025, technology expense was $651 thousand, and data processing expense was $407 thousand. These are the necessary costs of staying relevant in banking today.

Furthermore, regulatory compliance and insurance costs are fixed overheads inherent to operating as a bank. The first quarter of 2025 showed Regulatory assessments at $173 thousand. You can see that personnel and occupancy are the largest drivers within the noninterest expense base, based on the Q1 data.

• Salaries and employee benefits (Q1 2025): $3,926 thousand.
• Occupancy expense (Q1 2025): $966 thousand.

United Security Bancshares (UBFO) - Canvas Business Model: Revenue Streams

You're looking at the core ways United Security Bancshares (UBFO) brings in money as of late 2025. For a community bank like United Security Bancshares, revenue is heavily weighted toward the spread between what it earns on its assets (loans, securities) and what it pays on its liabilities (deposits, borrowings). This is the Net Interest Income (NII) engine.

The latest figures from the third quarter of 2025 show a solid performance in their primary revenue driver. The Net Interest Margin (NIM), which is a key measure of profitability on interest-earning assets, stood at 4.35% for Q3 2025. That's an improvement from 4.20% in Q3 2024.

Here's a breakdown of the key components that make up the revenue picture for United Security Bancshares for the quarter ending September 30, 2025:

Revenue Component	Q3 2025 Amount (Millions USD)	Source Context
Interest Income from Loans and Fees	$14.3 million	Slight decrease of 0.94% year-over-year
Total Interest Income	$15.6 million	Decreased by 0.82% year-over-year
Interest Expense	$3.2 million	Decreased significantly by 18.67% year-over-year
Net Interest Income (NII)	$12.4 million	Calculated: Total Interest Income ($15.6M) - Interest Expense ($3.2M)
Noninterest Income	$1.6 million	Decreased by 20.02% year-over-year
Total Quarterly Revenue	$13.1 million	Up 21.6% from the previous quarter

The Net Interest Income (NII) of $12.4 million is derived from the interest earned on the loan and investment portfolios, offset by the interest paid on deposits and borrowings. You can see the core lending activity is the biggest piece of the interest pie.

The revenue streams for United Security Bancshares are primarily structured around these areas:

• Net Interest Income (NII) from loan and investment portfolios: The primary driver, benefiting from the 4.35% NIM.
• Interest income from loans and fees: Reported at $14.3 million for the quarter.
• Noninterest income from service charges and fees: The reported figure for total noninterest income was $1.6 million.
• Investment income from securities portfolio: This is the portion of total interest income not derived from loans and fees. Based on the reported figures, this is approximately $1.3 million ($15.6 million total interest income minus $14.3 million loan interest/fees).

It's worth noting that the total interest income was $15.6 million, which includes the $14.3 million from loans and fees. The difference, which represents the Investment income from securities portfolio, is about $1.3 million for the period. Also, the annualized average cost of deposits actually went down to 1.12% from 1.18% in Q3 2024, which helped the NIM expansion.

Finance: draft 13-week cash view by Friday.