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    United Security Bancshares Inc. (USBI)

    8.67 Down 0.01(0.12%) Nov 25, 9:30AM EST
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    United Security Bancshares Inc.
    131 West Front Street
    Post Office Box 249
    Thomasville, AL 36784
    United States - Map
    Phone: 334-636-5424
    Website: http://www.firstusbank.com

    Index Membership:N/A
    Industry:Regional - Southeast Banks
    Full Time Employees:277

    Business Summary 

    United Security Bancshares, Inc. operates as the bank holding company for the First US Bank that provides commercial banking products and services to small- and medium-sized businesses, property managers, business executives, professionals, and other individuals in Alabama. It operates through two segments, FUSB and ALC. The company’s deposit products include non-interest bearing demand deposits, savings accounts, NOW accounts, money market demand accounts, individual retirement accounts, and time deposits. Its loan portfolio comprises commercial construction, land, and land development loans, such as loans for the development of residential housing projects, development of commercial and industrial use property, and purchase and improvement of raw land; mortgage loans on one-to-four family residential properties; home equity loans and lines of credit; real estate loans secured by commercial and industrial properties, office or mixed-use facilities, strip shopping centers, or other commercial property; and agricultural loans secured by mortgages on farm land. The company’s loan products also include commercial and industrial loans; consumer loans, including automobile loans, loans for household and personal purposes, and other direct consumer installment loans; credit cards; overdrawn checking accounts reclassified to loans; and overdraft lines of credit. In addition, it reinsures or underwrites credit life, and credit accident and health insurance policies; and provides safe deposit box, remote deposit capture, and online banking services. As of December 31, 2014, the company operated and served its customers through 19 banking offices located in Alabama. United Security Bancshares, Inc. was founded in 1999 and is based in Thomasville, Alabama.

    Key Statistics

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    Key Executives 
    Mr. James F. House , 63
    Chief Exec. Officer, Pres, Director, Chief Exec. Officer of First United Security Bank, Pres of First United Security Bank and Director of First United Security Bank
    Mr. Thomas S. Elley , 43
    Chief Financial Officer, Principal Accounting Officer, VP, Treasurer, Assistant Sec., Chief Financial Officer of First United Security Bank, Exec. VP of First United Security Bank, Treasurer of First United Security Bank and Assistant Sec. of First United Security Bank
    Mr. William C. Mitchell , 49
    Chief Exec. Officer of Acceptance Loan Company, Inc and Pres of Acceptance Loan Company Inc
    Mr. J. Daniel Matheson III, 57
    Investment Officer, Sr. VP of First United Security and Investment Officer of First United Security
    Mel Ann B. Sullivan ,
    Director of Marketing & Communications
    Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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