United Security Bancshares reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2013. For the quarter, the company reported net income of $2.945 million or $0.20 per diluted share compared to $1.479 million or $0.09 per diluted shares for the same period last year. Total interest income was $5.713 million compared to $5.922 million for the same period last year. Net interest income before provision for credit losses was $5.362 million compared to $5.424 million for the same period last year. Net interest income was $5.340 million compared to $5.415 million for the same period last year. Income before income tax provision was $0.367 million compared to $0.322 million for the same period last year. Annualized return on average equity (ROAE) was 15.8% compared to 8.56% for the same period last year. Annualized return on average assets (ROAA) was 1.79% compared to 0.93% for the same period last year.

For the year, the company reported net income of $7.269 million or $0.49 per diluted share compared to $6.069 million or $0.41 per diluted shares for the same period last year. Total interest income was $23.002 million compared to $25.151 million for the same period last year. Net interest income before provision for credit losses was $21.391 million compared to $23.090 million for the same period last year. Net interest income was $22.489 million compared to $22.071 million for the same period last year. Income before income tax provision was $7.374 million compared to $7.602 million for the same period last year. Annualized return on average equity (ROAE) was 10.09% compared to 9.20% for the same period last year. Annualized return on average assets (ROAA) was 1.13% compared to 0.97% for the same period last year. As on December 31, 2013, the company's book value per share was $4.86 compared to $4.55 as on December 31, 2012.