UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant to
Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): December 19, 2014
United Security Bancshares, Inc. |
(Exact name of registrant as specified in its charter) |
Delaware |
0-14549 |
63-0843362 |
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification Number) |
131 West Front Street
Post Office Box 249
Thomasville,
Alabama 36784
(Address of principal executive offices, including
zip code)
(Registrant’s telephone number, including area code): (334)
636-5424
N/A
(Former name or former address, if
changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
⃞ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
⃞ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
⃞ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
⃞ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01 Other Events.
On December 19, 2104, First United Security Bank, the wholly owned banking subsidiary of United Security Bancshares, Inc., issued a press release announcing that the bank has changed its named to “First US Bank,” effective as of December 15, 2014. A copy of the press release is attached hereto as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit Number |
Exhibit |
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99.1 |
Press Release dated December 19, 2014 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: |
December 19, 2014 |
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UNITED SECURITY BANCSHARES, INC. |
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By: |
/s/ Beverly J. Dozier |
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Name: |
Beverly J. Dozier |
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Vice President, Secretary and Assistant Treasurer |
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Exhibit 99.1
First United Security Bank Announces Name Change to First US Bank
THOMASVILLE, Ala.--(BUSINESS WIRE)--December 19, 2014--First United Security Bank, the wholly owned banking subsidiary of United Security Bancshares, Inc. (NASDAQ: USBI), today announced that, effective as of Monday, December 15, 2014, the Bank has changed its name to “First US Bank.” The name change is part of an overall rebranding effort by the Bank and reflects a migration to the Bank’s website address that has been in use for many years.
“Our Board of Directors and executive management team understand the increased value of name recognition and awareness of our brand as we grow into new areas. A more concise name helps accomplish this, both with our presence on the internet and in more traditional ways,” stated James F. House, President and Chief Executive Officer.
“Management and staff serving current customers will not change. We are the same Bank that our customers have depended upon – a solid, strong and enduring independent community bank,” said Mr. House. “We will continue to be community-minded and customer-focused to meet the credit and deposit needs of the areas that we serve.”
Additional information regarding the Bank’s name change is available on the Bank’s website. Customers are encouraged to contact a branch in their area with any questions.
Established in 1952, the Bank serves its customers through its 19 offices in Brent, Butler, Calera, Centreville, Coffeeville, Columbiana, Fulton, Gilbertown, Grove Hill, Harpersville, Jackson, McCalla, Thomasville, Tuscaloosa and Woodstock. The Bank holds more than $550 million in assets, is a member of the Federal Deposit Insurance Corporation and is an Equal Housing Lender. For more information, contact us at the Bank’s website, www.firstusbank.com or by mail to P.O. Box 249, Thomasville, AL 36784.
Forward-Looking Statements
This press release contains forward-looking statements, as defined by federal securities laws. Statements contained in this press release that are not historical facts are forward-looking statements. These statements may address issues that involve significant risks, uncertainties, estimates and assumptions made by management. USBI undertakes no obligation to update these statements following the date of this press release, except as required by law. In addition, USBI, through its senior management, may make from time to time forward-looking public statements concerning the matters described herein. Such forward-looking statements are necessarily estimates reflecting the best judgment of USBI’s senior management based upon current information and involve a number of risks and uncertainties. Certain factors that could affect the accuracy of such forward-looking statements are identified in the public filings made by USBI with the Securities and Exchange Commission, and forward-looking statements contained in this press release or in other public statements of USBI or its senior management should be considered in light of those factors. Specifically, with respect to statements relating to loan demand, growth and earnings potential and the adequacy of the allowance for loan losses for USBI, these factors include, but are not limited to, the rate of growth (or lack thereof) in the economy, the relative strength and weakness in the consumer and commercial credit sectors and in the real estate markets and collateral values. There can be no assurance that such factors or other factors will not affect the accuracy of such forward-looking statements.
CONTACT:
First US Bank
Mel Ann Sullivan, 251-843-2211