8-K

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):  February 13, 2007

UNITED SECURITY BANCSHARES, INC.

(Exact Name of Registrant as Specified in its Charter)

Delaware	0-14549	63-0843362
(State of Incorporation)	(Commission File Number)	(IRS Employer Identification Number)

131 West Front Street, P.O. Box 249, Thomasville, Alabama 36784

(Address of principal executive offices, including zip code)

(334) 636-5424

(Registrant’s telephone number, including area code)

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 (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02          Results of Operations and Financial Condition.

          On February 13, 2007, United Security Bancshares, Inc. issued a press release announcing financial results for the quarter ended December 31, 2006.  The press release is attached as Exhibit 99.1 to this Form 8-K and is furnished to, but not filed with, the Commission. 

Item 9.01          Financial Statements and Exhibits.

(d)      Exhibits.

Exhibit Number	Exhibit
99.1	Press Release dated February 13, 2007

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.

	UNITED SECURITY BANCSHARES, INC.
	By:	/s/ Robert Steen
		Robert Steen
		Assistant Vice President, Assistant Treasurer
Dated:  February 13, 2007

INDEX TO EXHIBITS

Exhibit Number	Exhibit
99.1	Press Release dated February 13, 2007*

*This exhibit is furnished to, but not filed with, the Commission by inclusion herein.

EX-99.1

Exhibit 99.1

United Security Bancshares, Inc. Announces Quarterly and Twelve Month Earnings

          THOMASVILLE, Ala., Feb. 13 /PRNewswire-FirstCall/ -- United Security Bancshares, Inc. (Nasdaq: USBI) (USB) today reported net income for the twelve months ended December 31, 2006, increased 4.31% to $14.2 million, compared to $13.7 million for the twelve months ended December 31, 2005.

          Net income for the fourth quarter of 2006 totaled $3.6 million, compared to $3.1 million for the fourth quarter of 2005, an increase of 18.95%.

          Basic net income per share for the fourth quarter of 2006 was $0.58, compared to $0.47 for the same period of 2005.  Year-to-date 2006 basic net income per share increased to $2.24 compared to $2.12 for 2005.

          Net interest income increased 3.30% in the fourth quarter of 2006 compared to the same period in 2005, and 5.77% year-to-date 2006 over 2005.  The net yield on earning assets improved from 7.36% at December 31, 2005, to 7.47% at December 31, 2006.  This increase is due to an overall increase in the average yield on loans and investments as well as increased volume of earning assets.

          Non-interest income increased 6.50% on a year-to-date basis from $5.3 million in 2005 to $5.6 million in 2006.  This increase is attributable to increased service fees and other charges on deposit accounts.

          On a year-to-date basis non-interest expense increased 3.14% due primarily to increased salary and benefits expense.

          Performance ratios remain strong with return on average assets of 2.24% and return on average equity of 16.05%.

          At December 31, 2006, total assets amounted to $646,296,000, a 4.0% increase over December 31, 2005.  Total deposits showed an increase of $23,831,000, or 5.59%. Loans, net of unearned discount, increased 2.28% to $449,239,000, and shareholders’ equity totaled $91,596,000, which represented a book value of $14.52 per share.  Dividends were increased from $0.95 in 2005 to $1.07 in 2006.

UNITED SECURITY BANCSHARES, INC.
(Unaudited Financial Highlights)
(In thousands, except per share amounts and percentages)

	Three Months Ended December 31,				Twelve Months Ended December 31,
	2006		2005		2006		2005
Earnings Summary:
Net Interest Income	$	11,022	$	10,670	$	43,227	$	40,869
Provision for Credit Losses		1,173		1,401		3,726		3,853
Non-Interest Income		1,405		1,300		5,621		5,278
Non-Interest Expense		5,777		5,945		23,782		23,059
Income Before Income Taxes	$	5,477	$	4,624	$	21,340	$	19,235
Income Tax Provision		1,843		1,569		7,095		5,579
Net Income	$	3,634	$	3,055	$	14,245	$	13,656

	Three Months Ended December 31,				Twelve Months Ended December 31,
	2006		2005		2006			2005
Earnings Per Share:
Basic and Diluted	$	0.58	$	0.47	$	2.24		$	2.12
Dividends Per Share	$	0.23	$	0.20	$	1.07		$	0.95
Balance Sheet Summary:
Total Assets					$	646,296		$	621,483
Total Earning Assets						587,998			561,139
Loans, Net of Unearned Discount						449,239			439,221
Allowance for Credit Losses						7,664			7,694
Total Deposits						450,062			426,231
Common Shareholders’ Equity						91,596			87,709
Book Value Per Share						14.52			13.64
Average Balance Sheet Data:
Total Assets						635,588		$	607,837
Total Earning Assets						578,949			552,846
Loans, Net of Unearned Discount						444,094			418,548
Total Deposits						443,274			417,666
Common Shareholders’ Equity						88,768			85,154
Performance Ratios:
Return on Average Assets						2.24	%		2.25	%
Return on Common Equity						16.05	%		16.04	%
Average Shares Outstanding:
Basic and Diluted						6,367			6,428

          Statements contained in this press release which are not historical facts are forward-looking statements.  Such forward-looking statements are necessarily estimates reflecting the best judgment of USB’s senior management based upon current information and involve a number of risks and uncertainties.  Certain factors which could affect the accuracy of such forward-looking statements are identified in the public filings made by USB with the Securities and Exchange Commission, and forward-looking statements contained in this press release or in other public statements of USB or its senior management should be considered in light of those factors.  There can be no assurance that such factors or other factors will not affect the accuracy of such forward-looking statements.

SOURCE  United Security Bancshares, Inc.
          -0-                                                  02/13/2007
          /CONTACT:  Larry Sellers or Robert Steen, both of United Security Bancshares, Inc., +1-334-636-5424/