UBFO · As filed with the SEC
United Security Bancshares cash flow statement, by fiscal year
The statement as United Security Bancshares presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Consolidated Statements of Cash Flows · USD thousands
| USD thousands | FY2025 Year ended Dec 31, 2025 | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 | FY2021 Year ended Dec 31, 2021 | FY2020 Year ended Dec 31, 2020 | FY2019 Year ended Dec 31, 2019 | FY2018 Year ended Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Cash Flows From Operating Activities: | ||||||||
| Net Income | 12,288 | 14,783 | 19,796 | 15,686 | 10,098 | 8,961 | 15,172 | 14,017 |
| Adjustments to reconcile net income to cash provided by operating activities: | ||||||||
| Provision (recovery of provision) for credit losses | — | — | — | — | — | — | 20 | (1,764) |
| Provision for credit losses | 5,574 | 2,963 | 1,460 | 1,802 | 2,107 | 2,769 | — | — |
| Depreciation and amortization | 1,458 | 1,469 | 1,459 | 1,320 | 1,408 | 1,411 | 1,402 | 1,352 |
| Payments on operating lease right-of-use-assets | — | — | — | — | — | — | (741) | — |
| Amortization of operating lease right-of-use assets | — | — | — | (611) | — | — | — | — |
| Amortization of operating lease right-of-use assets | 829 | 646 | 646 | — | (262) | (600) | — | — |
| Amortization of premium/discount on investment securities, net | 371 | 417 | 499 | 606 | 953 | 1,073 | 713 | 631 |
| Accretion of investment securities | — | — | — | — | — | — | — | (5) |
| Accretion of lease liability | — | — | (656) | — | — | — | — | — |
| Gain on sale of investment securities | — | — | 0 | (30) | — | 0 | 115 | 0 |
| Operating lease payments | (755) | (650) | — | — | — | — | — | — |
| Decrease (increase) in accrued interest receivable | 944 | (176) | 561 | (959) | 634 | 44 | 133 | (1,815) |
| (Decrease) increase in accrued interest payable | (12) | 4 | 45 | 48 | (4) | (27) | 2 | 13 |
| Decrease in unearned fees and unamortized loan origination costs, net | 319 | 483 | (295) | 3,791 | (151) | 244 | 701 | 1,159 |
| Increase in income taxes receivable | — | — | — | — | — | — | (337) | (316) |
| (Increase) decrease in income taxes receivable | (510) | 1,272 | (1,755) | 1,970 | (73) | 367 | — | — |
| Stock-based compensation expense and tax benefit | — | — | — | 365 | — | — | — | — |
| Stock-based compensation expense and tax benefit | 969 | 692 | 478 | — | 238 | 425 | 349 | 744 |
| Provision (benefit) for deferred income taxes | 284 | (472) | (297) | (2,362) | (521) | 324 | 533 | (785) |
| Increase (decrease) in accounts payable and accrued liabilities | 407 | (368) | 727 | 213 | 623 | (160) | (1,647) | (940) |
| Write down on other real estate owned | 73 | — | — | 0 | 0 | 727 | — | — |
| Loss on sale of other real estate owned | — | — | — | 0 | 1 | 113 | — | 0 |
| (Gain) loss on marketable equity securities | (106) | 28 | (39) | 429 | 106 | (74) | (117) | 78 |
| Impairment loss on investment securities | — | — | — | 0 | — | — | — | — |
| Loss on fair value option of junior subordinated debentures | — | — | — | 2,533 | 660 | (970) | (1,165) | 424 |
| Loss (gain) on fair value option of junior subordinated debentures | — | 614 | (274) | — | — | — | — | — |
| Gain on bank owned life insurance | — | — | (907) | 0 | 0 | (310) | 0 | (171) |
| Gain on proceeds from bank-owned life insurance | — | (573) | — | — | — | — | — | — |
| Loss on fair value option of junior subordinated debentures | 90 | — | — | — | — | — | — | — |
| Gain on partial redemption of junior subordinated debentures | (481) | — | — | — | — | — | — | — |
| Gain on calls of investment securities | (17) | — | — | — | — | — | — | — |
| Gain on proceeds from bank-owned life insurance | 0 | — | — | — | — | — | — | — |
| Increase in cash surrender value of bank-owned life insurance | (561) | (551) | (557) | (555) | (555) | (504) | (528) | (520) |
| Loss on tax credit limited partnership interest | — | — | — | 0 | — | — | 0 | 25 |
| Gain on sale of premises and equipment | — | — | — | 0 | (8) | 0 | (1) | (29) |
| Amortization of intangibles | — | — | — | 0 | — | — | — | — |
| Loss (gain) on sale of assets | 57 | (11) | 0 | 10 | — | — | — | — |
| Net decrease (increase) in other assets | 835 | (935) | 485 | (556) | 1,296 | (13) | (303) | (974) |
| Net cash provided by operating activities | 22,056 | 19,635 | 21,376 | 23,700 | 16,550 | 13,800 | 14,301 | 11,124 |
| Cash Flows From Investing Activities: | ||||||||
| Net decrease in interest-bearing deposits with banks | — | — | — | 0 | — | — | — | 0 |
| Purchase of correspondent bank stock | — | — | — | — | — | — | — | (23) |
| Purchases of FHLB stock, FRB stock, and other securities | (27) | (16) | (1,438) | (2,434) | (8) | (45) | (52) | — |
| Maturities and calls of available-for-sale securities | 14,415 | 15,609 | 17,600 | — | — | — | — | 0 |
| Principal payments on available-for-sale securities | 10,468 | 8,611 | 12,121 | 10,136 | 27,009 | 23,055 | 17,510 | 9,678 |
| Purchases of available-for-sale securities | — | — | 0 | (81,762) | (125,749) | (29,016) | (27,830) | (34,921) |
| Purchase of bank-owned life insurance | — | — | — | 0 | (1,140) | (220) | 220 | 0 |
| Net decrease (increase) in loans | — | — | — | — | — | — | — | 14,310 |
| Proceeds from sales of available-for-sale securities | — | — | 0 | 15,676 | — | — | — | — |
| Net decrease (increase) in loans | 3,341 | — | 58,085 | — | — | — | — | — |
| Net decrease (increase) in loans | — | (11,534) | — | (113,389) | (218,331) | (60,192) | (10,956) | — |
| Cash proceeds from sales of other real estate owned | — | — | — | 0 | 251 | 909 | — | 0 |
| Payoff of senior liens on other real estate owned | — | — | — | — | — | — | — | 0 |
| Payoff of senior liens on other real estate owned | — | — | — | 0 | — | — | — | — |
| Cash proceeds from sales of premises and equipment | — | — | — | 0 | 13 | 0 | 12 | — |
| Proceeds from bank-owned life insurance | 0 | 2,397 | 2,402 | 0 | 0 | 1,243 | — | 376 |
| Capital expenditures of premises and equipment | (2,281) | (1,039) | (787) | (2,140) | (1,253) | (1,141) | (956) | (1,024) |
| Investment in limited partnership | — | — | — | — | — | — | (271) | (335) |
| Investment in limited partnerships | 0 | (1,075) | (400) | (320) | (158) | (140) | — | — |
| Net cash provided by investing activities | 25,916 | 12,953 | 87,583 | (174,233) | (319,366) | (65,547) | (22,763) | (11,939) |
| Cash Flows From Financing Activities: | ||||||||
| Increase in demand deposit and savings accounts | 32,736 | 46,638 | (174,805) | (13,087) | 229,389 | 138,171 | 29,751 | 100,349 |
| Net (decrease) increase in time deposits | (1,579) | 6,508 | 13,799 | (9,537) | 6,066 | (3,882) | (17,032) | 17,601 |
| Partial redemption of junior subordinated debentures | (6,000) | — | — | — | — | — | — | — |
| Net decrease is short-term borrowings | 0 | (62,000) | 62,000 | — | — | — | — | — |
| Proceeds from exercise of stock options | — | 0 | 106 | 29 | — | — | — | 0 |
| Dividends on common stock | (8,385) | (8,307) | (7,870) | (7,496) | (7,489) | (7,468) | (5,599) | (4,732) |
| Net cash provided by (used in) financing activities | 16,772 | (17,161) | (106,770) | (30,091) | 227,966 | 126,821 | 7,120 | 113,218 |
| Net increase (decrease) in cash and cash equivalents | — | — | — | — | — | — | — | 112,403 |
| Cash and cash equivalents at beginning of year | — | — | — | — | — | — | 220,337 | 107,934 |
| Cash and cash equivalents at end of year | — | — | — | — | — | — | — | 220,337 |
| Net increase in cash and cash equivalents | 64,744 | 15,427 | 2,189 | (180,624) | (74,850) | 75,074 | (1,342) | — |
| Cash and cash equivalents at beginning of year | 56,211 | 40,784 | 38,595 | 219,219 | 294,069 | 218,995 | 220,337 | — |
| Cash and cash equivalents at end of year | 120,955 | 56,211 | 40,784 | 38,595 | 219,219 | 294,069 | 218,995 | — |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.