Financial Snapshot

Revenue
$2.143M
TTM
Gross Margin
Net Earnings
$17.69M
TTM
Current Assets
Current Liabilities
$37.27M
Q3 2024
Current Ratio
Total Assets
$1.255B
Q3 2024
Total Liabilities
$1.123B
Q3 2024
Book Value
$132.9M
Q3 2024
Cash
Q3 2024
P/E
9.628
Nov 29, 2024 EST
Free Cash Flow
$20.74M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997
Revenue $2.918M $3.027M $37.73M $34.57M $41.28M $36.62M $32.93M $29.47M $27.41M $24.96M $23.00M $25.15M
YoY Change -3.6% -91.98% 9.15% -16.27% 12.75% 11.19% 11.73% 7.53% 9.81% 8.52% -8.54%

Expenses

Cost Of Revenues

No data

Gross Profit

No data

Gross Profit Margin

No data

Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997
Revenue $2.918M $3.027M $37.73M $34.57M $41.28M $36.62M $32.93M $29.47M $27.41M $24.96M $23.00M $25.15M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

No data

Research & Development

No data

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

No data

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

No data

Operating Expenses Total

No data

Operating Profits/Loss

No data

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.459M $1.300M $1.408M $1.411M $1.402M $1.352M $1.335M $1.428M $1.462M $1.390M $1.316M $1.200M $1.770M $2.260M $2.400M $2.750M $2.660M $1.660M $1.460M $1.300M $980.0K $1.200M $1.210M $1.160M $1.130M $1.030M $600.0K
YoY Change 12.23% -7.67% -0.21% 0.64% 3.7% 1.27% -6.51% -2.33% 5.18% 5.62% 9.67% -32.2% -21.68% -5.83% -12.73% 3.38% 60.24% 13.7% 12.31% 32.65% -18.33% -0.83% 4.31% 2.65% 9.71% 71.67% 71.43%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

No data

Other Expense/Income

No data

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997
Interest Expense $11.06M $3.195M $2.079M $2.290M $3.888M $2.703M $1.730M $1.409M $1.281M $1.345M $1.611M $2.061M
YoY Change 246.04% 53.68% -9.21% -41.1% 43.84% 56.24% 22.78% 9.99% -4.76% -16.51% -21.83%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997
Pretax Income $27.48M $22.06M $13.31M $12.41M $21.27M $19.35M $15.68M $12.25M $11.31M $10.41M $7.374M $7.602M -$12.53M -$7.660M -$6.690M $5.680M $17.82M $21.40M $17.40M $13.37M $12.37M $9.750M $9.380M $9.710M $7.850M $6.920M $6.280M
YoY Change 24.56% 65.68% 7.27% -41.64% 9.92% 23.41% 27.95% 8.38% 8.64% 41.14% -3.0% -160.67% 63.58% 14.5% -217.78% -68.13% -16.73% 22.99% 30.14% 8.08% 26.87% 3.94% -3.4% 23.69% 13.44% 10.19% 12.14%
Income Tax $7.680M $6.373M $3.216M $3.451M $6.097M $5.332M $7.039M $4.869M $4.497M $4.192M $105.0K $1.530M -$1.720M -$3.220M -$2.150M $1.610M $6.560M $8.040M $6.390M $4.970M $4.660M $2.910M $3.190M $3.450M $2.930M $2.700M $2.540M
% Of Pretax Income 27.95% 28.89% 24.16% 27.8% 28.67% 27.56% 44.89% 39.73% 39.77% 40.28% 1.42% 20.13% 28.35% 36.81% 37.57% 36.72% 37.17% 37.67% 29.85% 34.01% 35.53% 37.32% 39.02% 40.45%
Net Earnings $19.80M $15.69M $10.10M $8.961M $15.17M $14.02M $8.640M $7.385M $6.810M $6.216M $7.269M $6.069M -$10.81M -$4.440M -$4.540M $4.070M $11.26M $13.36M $11.01M $8.410M $7.710M $6.830M $6.190M $6.260M $4.920M $4.220M $3.740M
YoY Change 26.2% 55.34% 12.69% -40.94% 8.24% 62.23% 16.99% 8.44% 9.56% -14.49% 19.77% -156.14% 143.47% -2.2% -211.55% -63.85% -15.72% 21.34% 30.92% 9.08% 12.88% 10.34% -1.12% 27.24% 16.59% 12.83% 12.31%
Net Earnings / Revenue 678.41% 518.2% 26.76% 25.92% 36.75% 38.28% 26.24% 25.06% 24.84% 24.9% 31.6% 24.13%
Basic Earnings Per Share $1.16 $0.92 $0.59 $0.53 $0.90 $0.83 $0.51 $0.44 $0.40 $0.37 $0.49
Diluted Earnings Per Share $1.16 $919.4K $0.59 $0.53 $0.89 $0.83 $0.51 $0.44 $0.40 $0.37 $0.49 $357.1K -$654.8K -$268.9K -$275.0K $245.6K $671.0K $830.8K $685.6K $528.9K $498.7K $443.8K $396.5K $399.5K $318.0K $274.0K $249.8K

Assets & Liabilities

Cash & Short-Term Investments

No data

Cash & Equivalents

Cash To Operating Expenses Ratio

No data

Inventory

No data

Receivables

No data

Total Short-Term Assets

No data

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

No data

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

No data

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

No data

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment $10.44M $11.75M $11.50M $12.00M $12.70M $9.800M $10.20M $10.40M $10.80M $11.60M $12.10M $12.30M $12.70M $12.90M $13.30M $14.30M $15.60M $15.30M $11.00M $8.100M $4.600M $2.600M $3.100M $3.400M $3.900M $3.600M $3.700M
YoY Change -11.21% 2.21% -4.17% -5.51% 29.59% -3.92% -1.92% -3.7% -6.9% -4.13% -1.63% -3.15% -1.55% -3.01% -6.99% -8.33% 1.96% 39.09% 35.8% 76.09% 76.92% -16.13% -8.82% -12.82% 8.33% -2.7%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $3.200M $1.900M $1.600M $800.0K $900.0K $900.0K $4.500M $4.300M $4.100M $1.900M $2.300M $2.700M $3.100M $3.600M $4.000M $4.300M $4.700M $2.600M $2.800M $2.100M $2.300M $1.600M $1.600M
YoY Change 18.75% 100.0% -11.11% 0.0% -80.0% 4.65% 4.88% 115.79% -17.39% -14.81% -12.9% -13.89% -10.0% -6.98% -8.51% 80.77% -7.14% 33.33% -8.7% 43.75% 0.0%
Other Assets $14.05M $12.83M $3.600M $2.900M $3.200M $3.200M $2.400M $3.300M $5.200M $6.900M $11.60M $9.700M $11.50M $8.900M $7.500M $7.100M $4.300M $5.300M $5.200M $4.500M $3.100M $1.600M $1.700M $1.200M $1.000M $500.0K $700.0K
YoY Change 9.58% 256.25% 24.14% -9.38% 0.0% 33.33% -27.27% -36.54% -24.64% -40.52% 19.59% -15.65% 29.21% 18.67% 5.63% 65.12% -18.87% 1.92% 15.56% 45.16% 93.75% -5.88% 41.67% 20.0% 100.0% -28.57%
Total Long-Term Assets
YoY Change
Total Assets $1.211B $1.299B $1.331B $1.093B $956.9M $933.1M $805.8M $788.0M $725.6M $663.2M $635.9M $648.9M $651.3M $678.2M $693.2M $761.1M $771.7M $678.3M $628.9M $611.7M $506.6M $519.3M $450.9M $356.8M $281.5M $280.0M $243.6M
YoY Change
Accounts Payable $100.0K $8.000M $7.100M $5.900M $5.900M $4.900M $5.800M $6.100M $5.700M $4.800M $5.000M $6.000M $9.000M $9.700M $7.900M $6.200M $5.800M $3.700M $2.800M $2.900M $2.500M $2.300M $1.900M
YoY Change -98.75% 12.68% 20.34% 0.0% 20.41% -15.52% -4.92% 7.02% 18.75% -4.0% -16.67% -33.33% -7.22% 22.78% 27.42% 6.9% 56.76% 32.14% -3.45% 16.0% 8.7% 21.05%
Accrued Expenses $1.437M $2.093M $2.700M $3.000M $3.500M
YoY Change -31.34% -22.48% -10.0% -14.29%
Deferred Revenue
YoY Change
Short-Term Debt $62.00M $0.00 $0.00 $66.50M $32.30M $0.00 $0.00 $100.0K $300.0K $36.10M $28.40M $48.20M $11.90M $0.00 $0.00
YoY Change -100.0% 105.88% -100.0% -66.67% -99.17% 27.11% -41.08% 305.04%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $63.44M $2.093M $2.700M $3.000M $3.600M $8.000M $7.100M $5.900M $5.900M $4.900M $5.800M $6.100M $5.700M $4.800M $5.000M $6.000M $9.000M $9.700M $7.900M $6.200M $5.800M $3.700M $2.800M $3.000M $2.500M $2.500M $1.900M
YoY Change 2930.91% -22.48% -10.0% -16.67% -55.0% 12.68% 20.34% 0.0% 20.41% -15.52% -4.92% 7.02% 18.75% -4.0% -16.67% -33.33% -7.22% 22.78% 27.42% 6.9% 56.76% 32.14% -6.67% 20.0% 0.0% 31.58%
Long-Term Debt $11.21M $10.88M $11.20M $10.90M $10.80M $10.20M $9.700M $8.800M $8.300M $10.10M $11.10M $10.10M $9.000M $10.60M $10.70M $11.90M $13.30M $15.50M $15.50M $15.50M $15.00M $15.00M $15.00M $0.00 $0.00 $0.00 $0.00
YoY Change 3.03% -2.83% 2.75% 0.93% 5.88% 5.15% 10.23% 6.02% -17.82% -9.01% 9.9% 12.22% -15.09% -0.93% -10.08% -10.53% -14.19% 0.0% 0.0% 3.33% 0.0% 0.0%
Other Long-Term Liabilities $9.376M $8.270M $8.700M $8.300M $8.200M
YoY Change 13.37% -4.94% 4.82% 1.22%
Total Long-Term Liabilities $20.59M $19.15M $19.90M $19.20M $19.00M $10.20M $9.700M $8.800M $8.300M $10.10M $11.10M $10.10M $9.000M $10.60M $10.70M $11.90M $13.30M $15.50M $15.50M $15.50M $15.00M $15.00M $15.00M $0.00 $0.00 $0.00 $0.00
YoY Change 7.5% -3.75% 3.65% 1.05% 86.27% 5.15% 10.23% 6.02% -17.82% -9.01% 9.9% 12.22% -15.09% -0.93% -10.08% -10.53% -14.19% 0.0% 0.0% 3.33% 0.0% 0.0%
Total Liabilities $1.089B $1.187B $1.211B $974.8M $840.9M $823.8M $704.5M $691.3M $636.0M $580.3M $559.4M $579.4M $589.2M $604.9M $617.4M $681.5M $689.3M $612.3M $569.8M $558.5M $461.6M $478.8M $414.9M $323.1M $253.2M $255.0M $221.9M
YoY Change -8.28% -1.98% 24.2% 15.92% 2.08% 16.93% 1.91% 8.69% 9.6% 3.74% -3.45% -1.66% -2.6% -2.02% -9.41% -1.13% 12.58% 7.46% 2.02% 20.99% -3.59% 15.4% 28.41% 27.61% -0.71% 14.92%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $170.28 Million

About UNITED SECURITY BANCSHARES

United Security Bancshares (California) is a holding company, which engages in the provision of commercial banking services. The company is headquartered in Fresno, California and currently employs 114 full-time employees. The Bank offers a full range of commercial banking services primarily to the business and professional community and individuals, including a variety of deposit instruments including personal and business checking accounts and savings accounts, interest-bearing negotiable order of withdrawal (NOW) accounts, money market accounts, and time certificates of deposit. The Bank also offers a full complement of lending products, including real estate loans, real estate construction loans, commercial and industrial loans, agricultural loans, and installment loans. The Bank's services include online banking, mobile banking, safe deposit boxes, wire transfers, payroll direct deposit, cashier's checks, and cash management services. The Bank operates approximately 12 full-service branch offices in Fresno, Bakersfield, Campbell, Caruthers, Coalinga, Firebaugh, Mendota, Oakhurst, San Joaquin, and Taft.

Industry: National Commercial Banks Peers: CB Financial Services, Inc. Centric Financial Corp FIRST UNITED CORP/MD/ PNC FINANCIAL SERVICES GROUP, INC.