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 |
|---|---|---|---|---|
| Cash Flows From Operating Activities: | ||||
| Net Income | 12,288 | 14,783 | 19,796 | 15,686 |
| Adjustments to reconcile net income to cash provided by operating activities: | ||||
| Provision for credit losses | 5,574 | 2,963 | 1,460 | 1,802 |
| Depreciation and amortization | 1,458 | 1,469 | 1,459 | 1,320 |
| Amortization of operating lease right-of-use assets | — | — | — | (611) |
| Amortization of operating lease right-of-use assets | 829 | 646 | 646 | — |
| Amortization of premium/discount on investment securities, net | 371 | 417 | 499 | 606 |
| Accretion of lease liability | — | — | (656) | — |
| Gain on sale of investment securities | — | — | 0 | (30) |
| Operating lease payments | (755) | (650) | — | — |
| Decrease (increase) in accrued interest receivable | 944 | (176) | 561 | (959) |
| (Decrease) increase in accrued interest payable | (12) | 4 | 45 | 48 |
| Decrease in unearned fees and unamortized loan origination costs, net | 319 | 483 | (295) | 3,791 |
| (Increase) decrease in income taxes receivable | (510) | 1,272 | (1,755) | 1,970 |
| Stock-based compensation expense and tax benefit | — | — | — | 365 |
| Stock-based compensation expense and tax benefit | 969 | 692 | 478 | — |
| Provision (benefit) for deferred income taxes | 284 | (472) | (297) | (2,362) |
| Increase (decrease) in accounts payable and accrued liabilities | 407 | (368) | 727 | 213 |
| Write down on other real estate owned | 73 | — | — | 0 |
| Loss on sale of other real estate owned | — | — | — | 0 |
| (Gain) loss on marketable equity securities | (106) | 28 | (39) | 429 |
| Impairment loss on investment securities | — | — | — | 0 |
| Loss on fair value option of junior subordinated debentures | — | — | — | 2,533 |
| Loss (gain) on fair value option of junior subordinated debentures | — | 614 | (274) | — |
| Gain on bank owned life insurance | — | — | (907) | 0 |
| 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) |
| Loss on tax credit limited partnership interest | — | — | — | 0 |
| Gain on sale of premises and equipment | — | — | — | 0 |
| Amortization of intangibles | — | — | — | 0 |
| Loss (gain) on sale of assets | 57 | (11) | 0 | 10 |
| Net decrease (increase) in other assets | 835 | (935) | 485 | (556) |
| Net cash provided by operating activities | 22,056 | 19,635 | 21,376 | 23,700 |
| Cash Flows From Investing Activities: | ||||
| Net decrease in interest-bearing deposits with banks | — | — | — | 0 |
| Purchases of FHLB stock, FRB stock, and other securities | (27) | (16) | (1,438) | (2,434) |
| Maturities and calls of available-for-sale securities | 14,415 | 15,609 | 17,600 | — |
| Principal payments on available-for-sale securities | 10,468 | 8,611 | 12,121 | 10,136 |
| Purchases of available-for-sale securities | — | — | 0 | (81,762) |
| Purchase of bank-owned life insurance | — | — | — | 0 |
| 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) |
| Cash proceeds from sales of other real estate owned | — | — | — | 0 |
| Payoff of senior liens on other real estate owned | — | — | — | 0 |
| Cash proceeds from sales of premises and equipment | — | — | — | 0 |
| Proceeds from bank-owned life insurance | 0 | 2,397 | 2,402 | 0 |
| Capital expenditures of premises and equipment | (2,281) | (1,039) | (787) | (2,140) |
| Investment in limited partnerships | 0 | (1,075) | (400) | (320) |
| Net cash provided by investing activities | 25,916 | 12,953 | 87,583 | (174,233) |
| Cash Flows From Financing Activities: | ||||
| Increase in demand deposit and savings accounts | 32,736 | 46,638 | (174,805) | (13,087) |
| Net (decrease) increase in time deposits | (1,579) | 6,508 | 13,799 | (9,537) |
| 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 |
| Dividends on common stock | (8,385) | (8,307) | (7,870) | (7,496) |
| Net cash provided by (used in) financing activities | 16,772 | (17,161) | (106,770) | (30,091) |
| Net increase in cash and cash equivalents | 64,744 | 15,427 | 2,189 | (180,624) |
| Cash and cash equivalents at beginning of year | 56,211 | 40,784 | 38,595 | 219,219 |
| Cash and cash equivalents at end of year | 120,955 | 56,211 | 40,784 | 38,595 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.