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United Security Bancshares Inc. (USBI)

8.50 Oct 1, 3:55PM EDT
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United Security Bancshares Inc.
131 West Front Street
P O Box 249
Thomasville, AL 36784
United States - Map
Phone: 334-636-5424

Index Membership:N/A
Industry:Regional - Southeast Banks
Full Time Employees:293

Business Summary 

United Security Bancshares, Inc. operates as the bank holding company for the First United Security 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 and All Other. The company offers various deposit products, including demand deposits, savings accounts, individual retirement accounts, and time deposits. It also provides various real estate loans comprising construction loans for commercial and residential development, commercial buildings, and rental and owner occupied properties; other loans secured by real estate, such as one-to-four family dwellings, including mobile homes, loans on land only, multi-family dwellings, non-farm, non-residential real estate, and home equity loans; consumer loans consisting of loans to individuals for household, family, and other personal expenditures, including credit cards and other related credit plans; and commercial, financial, agricultural loans, and loans to tax exempt entities, such as municipalities and counties; and overdraft lines of credit. In addition, it reinsures credit life, and credit accident and health insurance policies for its consumer loan customers; and provides safe deposit box, remote deposit capture, online bill payment programs, and telephone banking services. As of December 31, 2012, the company operated 19 banking offices in Brent, Bucksville, Butler, Calera, Centreville, Coffeeville, Columbiana, Fulton, Gilbertown, Grove Hill, Harpersville, Jackson, Thomasville, Tuscaloosa, and Woodstock, Alabama. United Security Bancshares, Inc. was founded in 1999 and is based in Thomasville, Alabama.

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Key Executives 
Mr. James F. House , 62
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. William C. Mitchell , 48
Chief Exec. Officer of Acceptance Loan Company, Inc and Pres of Acceptance Loan Company Inc
Mr. Thomas S. Elley , 42
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. J. Daniel Matheson III, 56
Investment Officer, Investment Officer of First United Security and Sr. VP of First United Security
Mel Ann Sullivan ,
Director of Marketing & Communications
Amounts are as of Dec 31, 2013 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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