SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: July 27, 2001 UNITED SECURITY BANCSHARES -------------------------- (Exact Name of Registrant as Specified in its Charter) CALIFORNIA 000-32897 91-2112732 - ---------------------------- ------------------ ------------------------ (State or Other Jurisdiction Commission File (I.R.S. Employer of Incorporation) Number Identification No.) 1525 EAST SHAW AVENUE, FRESNO, CALIFORNIA 93710 ------------------------------------------ --------------- (Address of Principal Executive Offices) (Zip Code) (559) 248-4944 ------------------------------------------ (Registrant's Telephone Number, Including Area Code) ITEM 5. OTHER EVENTS (a) The Registrant issued a press release in connection with the issuance of trust preferred securities. The press release is included as Exhibit 99.1. (b) The Registrant completed the bank holding reorganization involving United Security Bank, Fresno, California on June 12, 2001. United Security Bank is now a wholly- owned subsidiary of the Registrant. United Security Bank serves customers throughout the Central San Joaquin Valley of California through seven branch offices, two loan production offices and an administrative office. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Bank has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. UNITED SECURITY BANCSHARES Date: July 27, 2001 By: /s/ Dennis R. Woods ----------------------------------------- Dennis R. Woods Chief Executive Officer EXHIBITS 99.1. Press Release announcing the issuance of trust preferred securities.