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Article: United Security Bancshares, Inc. Reports Second Quarter Results.(Financial report)
- Article from:
- Science Letter
- Article date:
- August 18, 2009
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United Security Bancshares, Inc. (NASDAQ:USBI) reported that net income grew to $2.9 million, or $0.48 per diluted share, for the second quarter ended June 30, 2009, compared with a net income of $1.5 million, or $0.25 per diluted share, for the same period of 2008. The 2009 results include $2.7 million, or $0.30 per share, of non-interest income related to the settlement of a lawsuit (see also United Security Bancshares, Inc.).
"We reported improved earnings in the second quarter due to a lower provision for loan losses and the proceeds from the settlement of a lawsuit," stated R. Terry Phillips, President and Chief Executive Officer of United Security ...
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Article: United Security Bancshares, Inc. Announces ...
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...United Security Bancshares, Inc.'s (NASDAQ:USBI ... quarter of 2007 (see also United Security Bancshares, Inc.). The dividend is ... September 12, 2008. About United Security Bancshares, Inc. United Security Bancshares ...
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