United Security Bancshares (UBFO.OQ)
UBFO.OQ on NASDAQ Stock Exchange Global Select Market
11.10USD
20 Apr 2018
11.10USD
20 Apr 2018
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Avg. Vol
7,865
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$11.62
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$7.65
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Summary
Name | Age | Since | Current Position |
---|---|---|---|
Dennis Woods |
67 | Chairman of the Board, President, Chief Executive Officer of United Security Bancshares & United Security Bank | |
Bhavneet Gill |
2015 | Chief Financial Officer, Senior Vice President | |
David Eytcheson |
74 | Chief Operating Officer and Senior Vice President of United Security Bancshares & United Security Bank | |
William Yarbenet |
56 | 2013 | Senior Vice President, Chief Credit Officer of the Bank |
Porsche Saunders |
37 | Vice President of Real Estate Construction Department at United Security Bank | |
Robert Bitter |
76 | Corporate Secretary, Independent Director | |
Robert Mochizuki |
67 | 2015 | Lead Independent Director |
Benjamin Mackovak |
2017 | Director | |
Nabeel Mahmood |
2017 | Director | |
Susan Quigley |
2017 | Director | |
Brian Tkacz |
2017 | Director | |
Stanley Cavalla |
64 | 2001 | Independent Director |
G Thompson Ellithorpe |
73 | 2001 | Independent Director |
Kenneth Newby |
69 | 2014 | Independent Director |
Michael Woolf |
59 | 2005 | Independent Director |
Biographies
Name | Description |
---|---|
Dennis Woods |
Mr. Dennis R. Woods is Chairman of the Board, President and Chief Executive Officer of United Security Bancshares and United Security Bank. Mr. Woods is the founding chairman of the Bank, and assumed the additional duties of President and CEO in 1993. Prior to the inception of USB, Mr. Woods was the President and CEO and a 50% shareowner of a wholesale and retail food distribution company, Hestbeck’s Incorporated, for over 20 years. Mr. Woods has also been active in real estate investment, including ownership of commercial warehouses, apartments and residential real estate for more than 30 years. Additionally, Mr. Woods has been involved with the development and cultivation of pistachio and almond farms since 1980 to present. Mr. Woods has continuously served on the boards of directors of a number of non-profit organizations such as Hestbeck’s Incorporated; United Security Bancshares; Pacific Coast Bankers Bank; California State University Fresno Bulldog Foundation; State Center Community College; United Way of Fresno County; Northern California Loan Fund Advisory and Denwoods Farm Company. Mr. Woods’ extensive background in various businesses qualifies him for service as a Director. |
Bhavneet Gill |
Ms. Bhavneet Gill is Chief Financial Officer, Senior Vice President of the Company. Ms. Gill joined the Bank on May 20, 2013 , as Vice President and Controller. Ms. Gill has more than 7 years of experience in banking and the financial services industry. Prior to joining the Bank, Ms. Gill served in various finance roles at Central Valley Community Bank and State Street, most recently having served as the Accounting Manager at Central Valley Community Bank. Ms. Gill received her Bachelor's degree in Managerial Economics from University of California, Davis. |
David Eytcheson |
Mr. David L. Eytcheson is Chief Operating Officer and Senior Vice President of United Security Bancshares & United Security Bank and United Security Bancshares. |
William Yarbenet |
Mr. William M. Yarbenet is the Senior Vice President and Chief Credit Officer of United Security Bank, a subsidiary Company of United Security Bancshares, since July 25, 2013. Mr. Yarbenet joined the Bank on July 8, 2013, and was appointed Chief Credit Officer effective July 23, 2013. Mr. Yarbenet has more than 25 years of experience in banking and the financial services industry. Prior to joining the Bank, Mr. Yarbenet was Executive Vice President and Chief Credit Officer of Heritage Oaks Bank in Paso Robles. During his career, Mr. Yarbenet has served in various credit management positions, for a number of companies, including Premier West Bancorp in Medford, Oregon, The Goldman Sachs Group, Inc., and Merrill Lynch & Co. Mr. Yarbenet received his Bachelor's degree in Economics from Allegheny College, and his MBA from Rutgers University. |
Porsche Saunders |
Ms. Porsche A. Saunders is served as a Vice President of Real Estate Construction Department at United Security Bank. |
Robert Bitter |
Dr. Robert G. Bitter is Corporate Secretary of United Security Bancshares. He is no longer Independent Director of the company effective April 30, 2018. He is a clinical pharmacist at Madera Community Hospital and also the owner of Berenda Creek Ranch and a partner in Selma Shopping Center. He is an active and award winning member of the Madera Sunrise Rotary Club and is a Past District Governor of District 5220. He has worked with youth in the community, particularly with the High School Interact Club. Through Rotary, he is involved in many diverse International Service activities. Dr. Bitter’s relevant experiences serving amongst diverse cultures and operating in various business environments within the Company’s market area, including real property management qualifies him for service as a director. |
Robert Mochizuki |
Mr. Robert M. Mochizuki is Lead Independent Director of the Company. He was Independent Director of United Security Bancshares. He is an orthopedic surgeon and CEO of Arthroscopic Surgery Associates Corp, a practice which he began solo in 1980 and which, through partnership formation and mergers, has grown into a large group of surgeons and employees and includes ownership of an ancillary surgery center. He is active in the Fresno community as a practicing orthopedic surgeon affiliated with Saint Agnes Medical Center, Fresno Surgical Hospital and Summit Surgery Center. Since 1982 to present, Mr. Mochizuki has also been involved in the development of local real estate including multiple commercial and residential projects. Mr. Mochizuki’s relevant experience in investments and managing and operating different businesses qualifies him for service as a director. |
Benjamin Mackovak |
Mr. Benjamin Mackovak serves as Director of the Company. He also serves on the Board of United Security Bank, a wholly-owned subsidiary of United Security Bancshares. Mr. Mackovak is the Co-Founder and Managing Member of Strategic Value Bank Partners. He graduated from Kent State University in 2004, and later earned his MBA at University of Virginia, Darden Graduate School of Business in 2007. Mackovak founded Cavalier Capital in 2012 and co-founded Strategic Value Bank Partners in 2015, where he currently serves as a Managing Member. Mackovak has been a guest lecturer at the Darden Graduate School of Business and serves on the board for Foothills Community Bank in Georgia. Mr. Mackovak was appointed to the Company's Compensation Committee and Corporate Governance and Nominating Committee, and the Bank's ALCO. |
Nabeel Mahmood |
Mr. Nabeel Mahmood is Director of the company. He brings over 18 years of executive level information technology experience to the Board. He currently serves as the Chief Information Technology Officer of Maxco and was the previous Chief Information Technology Officer of KamWay. |
Susan Quigley |
Ms. Susan Quigley serves as Director of the Company. Ms. Quigley retired as Firm Managing Director from public accounting firm Deloitte & Touche LLP in 2010. |
Brian Tkacz |
Mr. Brian Tkacz is Director of the company. He currently serves as the Director of Information Technology at Markel Corporation. Previous to this, Mr. Tkacz was a Director of Consumer Lending at Capital One. Mr. Tkacz holds an MBA from the Darden Graduate School of Business, University of Virginia and a B.S. in Managerial Economics from Cornell University. |
Stanley Cavalla |
Mr. Stanley J. Cavalla is Independent Director of United Security Bancshares. He is President of Suburban Steel, Inc. and Vice President of Tri State Stairway Corp. He is active in Fresno County as business and farmer. Mr. Cavalla’s relevant experience as an executive in managing, operating manufacturing and farming businesses within the Company’s market area, qualifies him for service as a director. |
G Thompson Ellithorpe |
Mr. Tom Ellithorpe is Independent Director of United Security Bancshares. He is the owner of Insurance Buying Service. He is active in the Fresno community as an insurance broker, and has been involved in the California insurance industry since 1972. He has also been involved in a number of business ventures in the Company’s market area including agricultural ventures. Mr. Ellithorpe’s relevant experience as an executive in the insurance industry and his understanding of risk management qualifies him for service as a director. |
Kenneth Newby |
Mr. Kenneth D. Newby is the Director of the company since 2014. Mr. Newby is a well-respected Certified Public Accountant with long-standing ties to the community. He has been self-employed as a financial consultant in Fresno, California since June 2008. Previously, he worked as a manager and a partner with the public accounting firm of Deloitte & Touche, LLP. Mr. Newby is a graduate of the California State University, Fresno, where he received his Bachelor of Science in Business Administration and Accounting in 1972. |
Michael Woolf |
Dr. Michael T. Woolf, DDS is Independent Director of United Security Bancshares. His primary occupation is a dentist, but he has also been active in the Fresno community as farmer. He is currently a 1/6th owner of Woolf Enterprises, a diversified foods grower and processing operation. Dr. Woolf has also served on various professional and community organization Boards including Fresno Madera Dental Society, Western Pistachio Association, Fresno Metropolitan Museum Trustees and Carden Private School. Dr. Woolf’s relevant experience as dentist, farmer, and member of various Boards and his understanding of the community qualifies him for service as a director. |
Basic Compensation
Name | Fiscal Year Total |
---|---|
Dennis Woods |
703,581 |
Bhavneet Gill |
-- |
David Eytcheson |
258,826 |
William Yarbenet |
-- |
Porsche Saunders |
192,884 |
Robert Bitter |
226,066 |
Robert Mochizuki |
-- |
Benjamin Mackovak |
-- |
Nabeel Mahmood |
-- |
Susan Quigley |
-- |
Brian Tkacz |
-- |
Stanley Cavalla |
-- |
G Thompson Ellithorpe |
-- |
Kenneth Newby |
-- |
Michael Woolf |
-- |
As Of
31 Dec 2014
Options Compensation
Name | Options | Value |
---|---|---|
Dennis Woods |
0 | 0 |
Bhavneet Gill |
0 | 0 |
David Eytcheson |
0 | 0 |
William Yarbenet |
0 | 0 |
Porsche Saunders |
0 | 0 |
Robert Bitter |
0 | 0 |
Robert Mochizuki |
0 | 0 |
Benjamin Mackovak |
0 | 0 |
Nabeel Mahmood |
0 | 0 |
Susan Quigley |
0 | 0 |
Brian Tkacz |
0 | 0 |
Stanley Cavalla |
0 | 0 |
G Thompson Ellithorpe |
0 | 0 |
Kenneth Newby |
0 | 0 |
Michael Woolf |
0 | 0 |
Name | Shares Traded | Price |
---|---|---|
Woods (Dennis R) |
4,164 | $10.80 |
Woods (Dennis R) |
4,164 | $10.80 |
Woolf (Michael T) |
1,000 | $0.00 |
Woods (Dennis R) |
1,000 | $0.00 |
Mackovak (Benjamin) |
1,000 | $0.00 |
Ellithorpe (G Thompson) |
1,000 | $0.00 |
Cavalla (Stanley J) |
1,000 | $0.00 |
Heidt (Jon M) |
1,000 | $0.00 |
Bitter (Robert G) |
1,000 | $10.40 |
Eytcheson (David L) |
1,000 | $0.00 |
Yarbenet (William M) |
1,000 | $0.00 |
Newby Kenneth D |
1,000 | $0.00 |
Gill (Bhavneet) |
1,000 | $0.00 |
Mochizuki (Robert Michele) |
1,000 | $0.00 |
Quigley (Susan) |
1,000 | $0.00 |
Eytcheson (David L) |
600 | $11.52 |
Bitter (Robert G) |
800 | $0.00 |
Eytcheson (David L) |
1,600 | $9.94 |
Mochizuki (Robert Michele) |
175,000 | $8.75 |
Mochizuki (Robert Michele) |
20,000 | $8.75 |
Woolf (Michael T) |
10,000 | $8.85 |
Bitter (Robert G) |
361 | $9.75 |
Newby Kenneth D |
4,417 | $0.00 |
Woods (Dennis R) |
26,680 | $9.70 |
Woods (Dennis R) |
22,903 | $9.30 |