United Security Bancshares Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2015. For the quarter, the company reported total interest income of $7,513,000 compared to $7,686,000 a year ago. Net interest income was $6,964,000 compared to $7,050,000 a year ago. Income before income taxes was $522,000 compared to $1,252,000 a year ago. Net income was $441,000 compared to $720,000 a year ago. Basic and diluted net income per share was $0.07 compared to $0.12 a year ago. Return on average assets (annualized) was 0.31% compared to 0.50% a year ago. Return on average equity (annualized) was 2.28% compared to 3.83% a year ago.

For the full year, the company reported total interest income of $29,897,000 compared to $31,361,000 a year ago. Net interest income was $27,608,000 compared to $28,808,000 a year ago. Income before income taxes was $3,546,000 compared to $5,378,000 a year ago. Net income was $2,595,000 compared to $3,549,000 a year ago. Diluted net income per share was $0.41 compared to $0.57 a year ago. Earnings in 2015 were below last year's results due primarily to decreased loan volume at First US Bank. Return on average assets was 0.46% for 2015, compared to 0.63% for 2014.