United Security Bancshares, Inc. and First United Security Bank Elect New Director

  United Security Bancshares, Inc. and First United Security Bank Elect New
  Director

Business Wire

THOMASVILLE, Ala. -- March 1, 2013

United Security Bancshares, Inc. (Nasdaq: USBI), announced today that A. J.
“Lonnie” Strickland, III was elected as a Director of United Security
Bancshares, Inc. and its subsidiary, First United Security Bank, by the Board
of Directors at a meeting held on Thursday, February 28, 2013. Dr. Strickland
was also appointed to serve on the Audit Committee of the Company and the Bank
and on the Asset/Liability Committee of the Bank.

While Dr. Strickland resides in Tuscaloosa, he is a native of North Georgia,
where he attended the University of Georgia and received the Bachelor of
Science degree in Math and Physics. He then entered the Georgia Institute of
Technology, where he received a Master of Science degree in Industrial
Management. For his doctorate, he received a Ph.D. in Business Administration
from Georgia State University in 1969.

Dr. Strickland is the John R. Miller Professor of Strategic Management in the
Graduate School of Business at the University of Alabama, a position he has
held since 1969. He is also a director of American Equity Investment Life
Holding Company and Twenty Services, Inc., and a former director of Statesman.

Dr. Strickland is the co-author of over fifteen strategic management books and
texts used at universities worldwide. In his thirty plus years of writing in
the area of strategic management, more than 1.5 million students have used his
books, which are considered to be premier in the market. The eighteenth
edition of “Strategic Management: Quest for Competitive Advantage,”
co-authored with Dr.Art Thompson, Margaret Peteraf, and Dr. John Gamble and
published by McGraw-Hill, is the best selling text in the world in the field
of strategic management. With extensive experience in consulting and executive
development training programs in strategic management, his concentration is in
industry and competitive analysis, and he conducts frequent analyses for
domestic and international firms. Dr.Strickland has extensive knowledge of
strategic management and the finance industry arising from his academic and
marketplace experience. He is a very popular speaker on the subject of
planning under challenging conditions and implementing strategic change.

Dr. Strickland has also worked extensively in Europe, the Middle East, Central
America, Southeast Asia, Australia, and Africa. He has worked in Southern
Africa for the last twenty-five years and has also developed a management
simulation of corporate decision making for France, which enables management
to test various strategic alternatives.

Other accomplishments include serving as a director of marketing, where he was
responsible for a $1 billion portfolio with $300 million in profits,
participating in two companies being listed on the NewYork Stock Exchange,
and being a founding member and independent director of American Equity Life
Insurance Company.

In a survey of all graduating seniors at the University of Alabama, he was
recognized and named the most influential professor there. Other awards
include the Outstanding Professor Award for the Graduate School of Business, a
multiple time winner of the EMBA Best Professor Award, and recipient of the
Outstanding Commitment to Teaching Award for the University of Alabama, an
award in which he takes particular pride. He is a member of various honor
leadership societies, including Mortar Board, Order of Omega, Beta Gamma
Sigma, Omicron Delta Kappa, Jasons, and XXXI. He is past National President of
Pi Kappa Phi social fraternity.

“Having known Lonnie for a number of years, I feel very fortunate to have him
join our Company and Bank,” said James F. House, President and Chief Executive
Officer of the Company and the Bank. “I am confident of his leadership ability
and believe that he is well qualified for this position. I welcome him as a
member of our Boards and look forward to his association and insight as we
continue to focus on improvement and growth of the Bank’s assets as part of
our strategy to increase earnings and move the Bank forward.”

“I am looking forward to being a part of United Security Bancshares and First
United Security Bank because I am very impressed with the leadership of the
Company and the Bank,” said Dr.Strickland. “In addition, I see tremendous
competitive advantages and an upside potential for the future.”

Established in 1952, First United Security Bank serves its customers through
its 19 offices in Brent, Butler, Calera, Centreville, Coffeeville, Columbiana,
Fulton, Gilbertown, Grove Hill, Harpersville, Jackson, McCalla, Thomasville,
Tuscaloosa, and Woodstock. The Bank holds more than $550 million in assets, is
a member of the Federal Deposit Insurance Corporation, and is an Equal Housing
Lender. For more information, contact us at the Bank’s website,
www.firstusbank.com, blog address, http://firstusbank-usbi.blogspot.com, or by
mail to First United Security Bank, P.O. Box 249, Thomasville, AL 36784.

Forward-Looking Statements

This press release contains forward-looking statements, as defined by federal
securities laws. Statements contained in this press release that are not
historical facts are forward-looking statements. These statements may address
issues that involve significant risks, uncertainties, estimates and
assumptions made by management. USBI undertakes no obligation to update these
statements following the date of this press release, except as required by
law. In addition, USBI, through its senior management, may make from time to
time forward-looking public statements concerning the matters described
herein. Such forward-looking statements are necessarily estimates reflecting
the best judgment of USBI’s senior management based upon current information
and involve a number of risks and uncertainties. Certain factors that could
affect the accuracy of such forward-looking statements are identified in the
public filings made by USBI with the Securities and Exchange Commission, and
forward-looking statements contained in this press release or in other public
statements of USBI or its senior management should be considered in light of
those factors. Specifically, with respect to statements regarding the future
growth and competitive position of USBI, these factors include, but are not
limited to, general economic, market and other conditions. There can be no
assurance that such factors or other factors will not affect the accuracy of
such forward-looking statements.

Contact:

United Security Bancshares, Inc.
Mel Ann Sullivan, 251-843-2176
Marketing & Communications Director/ CRA Officer
msullivan@firstusbank.com
 
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