FRESNO, Calif., June 15 /PRNewswire-FirstCall/ -- Independent Banker Magazine in its June 2007 edition, ranked United Security Bank for 2006 as 8th highest for Return on Assets of 2.19% and 19th highest for Return on Equity at 19.49% among ICBA (Independent Community Bankers of America) members across the nation with $500 million or more in total assets. The report appears in the magazine's current June issue titled "Top 20 -- ICBA's Leading Community Bank Earners" beginning on page 34.
Dennis R. Woods, President and Chief Executive Officer of United Security Bancshares http://www.unitedsecuritybank.com/ said "Its a great pleasure to be acknowledged for outstanding performance among peers on a national level. We are very pleased to be included in this prestigious list of high performing banks. Our appearance in the report highlights what we constantly strive to achieve, consistent growth of shareholder value."
United Security Bancshares is a $770 million bank holding company for United Security Bank, the largest community bank head quartered in the Central San Joaquin Valley. The Bank operates eleven branch offices, as well as four loan centers, administrative offices and a data center. For more information about Bank visit our web site at http://www.unitedsecuritybank.com/.