November 24, 2010 (FinancialWire) (http://www.financialwire.net/) — United Security Bancshares, Inc. (NASDAQ: USBI) announced today that the Board of Directors declared a quarterly cash dividend of $0.11 per share.  The dividend is payable January 3, 2011, to shareholders of record on December 10, 2010.

"Our Board of Directors declared an $0.11 per share cash dividend as part of our program to return a portion of our earnings to shareholders," stated R. Terry Phillips, President and Chief Executive Officer of United Security Bancshares, Inc.  "We continue to balance the value of our dividend program with maintaining our strong capital position during this weak economic environment. We expect to evaluate our dividend program on an ongoing basis so it is consistent with protecting our capital base and our expectations for United Security's earnings and changes in the economy."

Alabama-based

United Security Bancshares, Inc. is a bank holding company that operates nineteen banking offices in Alabama through First United Security Bank.  In addition, the Company's operations include Acceptance Loan Company, Inc., a consumer loan company, and FUSB Reinsurance, Inc., an underwriter of credit life and credit accident and health insurance policies sold to the bank's and ALC's consumer loan customers.  The Company's stock is traded on the Nasdaq Capital Market under the symbol "USBI."

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