United Security Bancshares Management
Management criteria checks 3/4
United Security Bancshares' CEO is Dennis Woods, appointed in Jan 1993, has a tenure of 31.92 years. total yearly compensation is $941.19K, comprised of 71% salary and 29% bonuses, including company stock and options. directly owns 6.64% of the company’s shares, worth $11.80M. The average tenure of the management team and the board of directors is 8.8 years and 7.5 years respectively.
Key information
Dennis Woods
Chief executive officer
US$941.2k
Total compensation
| CEO salary percentage | 71.0% |
| CEO tenure | 31.9yrs |
| CEO ownership | 6.6% |
| Management average tenure | 8.8yrs |
| Board average tenure | 7.5yrs |
Recent management updates
Recent updates
United Security Bancshares (NASDAQ:UBFO) Has Affirmed Its Dividend Of $0.12
Sep 29
United Security Bancshares (NASDAQ:UBFO) Is Paying Out A Dividend Of $0.12
Jul 01United Security Bancshares (NASDAQ:UBFO) Will Pay A Dividend Of $0.12
Oct 01United Security Bancshares (NASDAQ:UBFO) Is Paying Out A Larger Dividend Than Last Year
Jul 02United Security Bancshares (NASDAQ:UBFO) Has Affirmed Its Dividend Of $0.11
Apr 02United Security Bancshares (NASDAQ:UBFO) Has Announced A Dividend Of $0.11
Dec 25United Security Bancshares GAAP EPS of $0.26, revenue of $13.12M
Oct 20United Security Bancshares GAAP EPS of $0.20, revenue of $11.01M
Jul 20United Security Bancshares' (NASDAQ:UBFO) Dividend Will Be US$0.11
Jul 05United Security Bancshares declares $0.11 dividend
Jun 30United Security Bancshares' (NASDAQ:UBFO) Dividend Will Be US$0.11
Mar 29United Security Bancshares' (NASDAQ:UBFO) Dividend Will Be US$0.11
Oct 04United Security Bancshares (NASDAQ:UBFO) Will Pay A Dividend Of US$0.11
Jun 28Should Shareholders Reconsider United Security Bancshares' (NASDAQ:UBFO) CEO Compensation Package?
May 13Should You Or Shouldn't You: A Dividend Analysis on United Security Bancshares (NASDAQ:UBFO)
Mar 09Is United Security Bancshares (NASDAQ:UBFO) Popular Amongst Insiders?
Feb 02There's A Lot To Like About United Security Bancshares' (NASDAQ:UBFO) Upcoming US$0.11 Dividend
Dec 28Shareholders Of United Security Bancshares (NASDAQ:UBFO) Must Be Happy With Their 63% Return
Dec 22
United Security Bancshares declares $0.11 dividend
Dec 16CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$18m |
| Jun 30 2024 | n/a | n/a | US$18m |
| Mar 31 2024 | n/a | n/a | US$18m |
| Dec 31 2023 | US$941k | US$668k | US$20m |
| Sep 30 2023 | n/a | n/a | US$20m |
| Jun 30 2023 | n/a | n/a | US$20m |
| Mar 31 2023 | n/a | n/a | US$19m |
| Dec 31 2022 | US$587k | US$605k | US$16m |
| Sep 30 2022 | n/a | n/a | US$14m |
| Jun 30 2022 | n/a | n/a | US$12m |
| Mar 31 2022 | n/a | n/a | US$11m |
| Dec 31 2021 | US$799k | US$586k | US$10m |
| Sep 30 2021 | n/a | n/a | US$9m |
| Jun 30 2021 | n/a | n/a | US$8m |
| Mar 31 2021 | n/a | n/a | US$8m |
| Dec 31 2020 | US$809k | US$579k | US$9m |
| Sep 30 2020 | n/a | n/a | US$10m |
| Jun 30 2020 | n/a | n/a | US$12m |
| Mar 31 2020 | n/a | n/a | US$14m |
| Dec 31 2019 | US$842k | US$576k | US$15m |
| Sep 30 2019 | n/a | n/a | US$16m |
| Jun 30 2019 | n/a | n/a | US$16m |
| Mar 31 2019 | n/a | n/a | US$15m |
| Dec 31 2018 | US$767k | US$564k | US$14m |
| Sep 30 2018 | n/a | n/a | US$12m |
| Jun 30 2018 | n/a | n/a | US$11m |
| Mar 31 2018 | n/a | n/a | US$10m |
| Dec 31 2017 | US$801k | US$547k | US$9m |
Compensation vs Market: Dennis's total compensation ($USD941.19K) is below average for companies of similar size in the US market ($USD1.41M).
Compensation vs Earnings: Dennis's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Dennis Woods (76 yo)
31.9yrs
Tenure
US$941,187
Compensation
Mr. Dennis R. Woods, M.D. serves as Chairman of the Board of the Board of United Security Bancshares since June 2001 and also serves as its President and Chief Executive Officer since 1993. Mr. Woods is a...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 31.9yrs | US$941.19k | 6.64% $ 11.8m | |
| Senior VP & CFO | 2.1yrs | US$534.41k | 0.64% $ 1.1m | |
| Senior VP & Chief Credit Officer | 11.4yrs | US$508.05k | 0.37% $ 653.7k | |
| Secretary & Independent Director | no data | US$46.76k | 0.071% $ 126.8k | |
| Senior VP & COO | 23.5yrs | US$314.52k | 0.75% $ 1.3m | |
| VP & Compliance Manager | no data | no data | no data | |
| VP & Human Resource Director | no data | no data | no data | |
| Senior VP & Chief Risk Officer | 6.2yrs | US$394.29k | 0.11% $ 198.5k | |
| VP & Controller | no data | no data | no data | |
| Senior VP & Chief Lending Officer | less than a year | no data | 0.36% $ 637.4k |
8.8yrs
Average Tenure
66yo
Average Age
Experienced Management: UBFO's management team is seasoned and experienced (8.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 23.5yrs | US$941.19k | 6.64% $ 11.8m | |
| Secretary & Independent Director | 7.9yrs | US$46.76k | 0.071% $ 126.8k | |
| Director Emeritus | 6.6yrs | US$36.18k | no data | |
| Independent Director | 23.9yrs | US$65.96k | 0.99% $ 1.8m | |
| Independent Director | 23.9yrs | US$39.07k | 3.85% $ 6.8m | |
| Director Emeritus | 8.3yrs | US$30.10k | no data | |
| Lead Independent Director | 10.6yrs | US$48.09k | 0.21% $ 380.3k | |
| Director | 7.1yrs | US$57.23k | 0.082% $ 145.4k | |
| Independent Director | 7.1yrs | US$43.76k | 0.056% $ 99.3k | |
| Independent Director | 3.3yrs | US$44.51k | 0.054% $ 95.1k | |
| Independent Director | 3.3yrs | US$55.91k | 0.075% $ 133.1k | |
| Independent Director | 1.5yrs | US$20.56k | 7.06% $ 12.6m |
7.5yrs
Average Tenure
74.5yo
Average Age
Experienced Board: UBFO's board of directors are considered experienced (7.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 08:52 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
United Security Bancshares is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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