United Security Bancshares (UBFO)

[56Chevy]

UBFO started 2013 @ approx $2.50 and ended 2013 just a few pennies shy of $5. That's a great year in anybodies book!

BV is $5.02
MV today sits near $5.00

Assets, Deposits and Loans have all been on a steady rise to the end of the year...and troubled assets continued to shrink.

The bank has been paying a dividend (which doesn't excite me much...I'd prefer they put the money to work on other endeavors like rolling up smaller banks)...but there isn't any TARP debt to deal with ...and they're profitable. The bank is hitting on all cylinders.

At $662MM in assets this bank may be looking to grow...or it certainly is attractive enough to be on a larger banks' buy list in 2014.

If you own it...good luck in 2014!