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United Security posts 4Q profit

FRESNO, Calif. (AP) _ United Security Bancshares (UBFO) on Wednesday reported fourth-quarter earnings of $1.6 million.

The bank, based in Fresno, California, said it had earnings of 9 cents per share.

The bank holding company posted revenue of $8.5 million in the period. Its adjusted revenue was $8.1 million.

For the year, the company reported profit of $7.4 million, or 44 cents per share. Revenue was reported as $32.6 million.

United Security shares have increased roughly 3 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $7.95, an increase of 59 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UBFO at https://www.zacks.com/ap/UBFO

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Keywords: United Security, Earnings Report