United Security Bancshares Executive Compensation (FY24)
UBFO · Executive and director compensation, fiscal 2023 to 2024
Chief executive, fiscal 2024 ◇ Dennis Woods | Latest say-on-pay support = May 21, 2025 |
Velarion Member: every covered company in one industry, with dashboards, peer screens and board-ready briefs. Three seats, one year.
The United Security Bancshares brief, $500
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $500 for the board report; $900 for both.
Data as of October 17, 2026Latest filing (8-K): May 22, 2025
5 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Velarion Intel, one year, every company
94 figures on this page: 91 cited to the filing that reported them, 3 calculated from figures it prints. See the citations
What changed from fiscal 2023 to fiscal 2024
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Dennis Woods: $941,187 → $1,140,887 (21.2% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is United Security Bancshares' chief executive and what were they paid?
Dennis Woods, President & CEO, received $1,140,887 in total compensation for fiscal 2024. Compared with the $941,187 reported for fiscal 2023, Woods' total was 21.2% higher.
What was United Security Bancshares' say-on-pay result?
For fiscal 2024, shareholders backed the say-on-pay proposal with 93.7% of votes cast for or against in favor at the meeting held May 21, 2025.
Which companies are in United Security Bancshares' peer group?
The disclosed peer group includes American Riviera Bancorp, California BanCorp, Community West Bancshares, FFB Bancorp and First Financial Northwest, Inc., among others.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Dennis Woods President & CEO | ◇ | — | — | — | ◇ | ◇ | ◇ | ◇† |
David Kinross SVP & CFO | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
William Yarbenet SVP & CCO | ◇ | — | — | — | ◇ | ◇ | ◇ | ◇ |
Porsche Saunders SVP & CLO | ◇ | — | — | — | ◇ | ◇ | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
David Kinross SVP & CFO | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Dennis Woods President & CEO | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Porsche Saunders SVP & CLO | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2024
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| David Kinross | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Dennis Woods | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Porsche Saunders | RSU | ◇ | — | — | ◇ | — | — | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2024 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| David Kinross | RSU | ◇ | ◇ | — | — |
| Porsche Saunders | RSU | ◇ | ◇ | — | — |
| Dennis Woods | RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2024
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Tom Ellithorpe | ◇ | ◇ | — | — | — | — | ◇ |
Dora Westerlund | ◇ | ◇ | — | — | — | — | ◇ |
Nabeel Mahmood | ◇ | ◇ | — | — | — | — | ◇ |
Kenneth D. Newby Lead independent director | ◇ | ◇ | — | — | — | — | ◇ |
Susan Quigley | ◇ | ◇ | — | — | — | — | ◇ |
Brian C. Tkacz | ◇ | ◇ | — | — | — | — | ◇ |
Heather Hammack | ◇ | ◇ | — | — | — | — | ◇ |
Stanley J. Cavalla | ◇ | ◇ | — | — | — | — | ◇ |
Jagroop Jay Gill | ◇ | ◇ | — | — | — | — | ◇ |
Dennis R. Woods served on the board in fiscal 2024 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
Equity is delivered as Stock.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2024
- American Riviera Bancorp symbol not shown
- California BanCorp BCAL
- Community West Bancshares CWBC
- FFB Bancorp symbol not shown
- First Financial Northwest, Inc. FFNW
- First Northern Community Bancorp FNRN
- Oak Valley Bancorp OVLY
- Plumas Bancorp PLBC
- Provident Financial Holdings, Inc. PROV
- Riverview Bancorp, Inc. RVSB
- Sound Financial Bancorp, Inc. SFBC
- Summit State Bank SSBI
- Timberland Bancorp, Inc. TSBK
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2024 | May 21, 2025 | = | ◇ | ◇ | ◇ |
| 2021 | May 18, 2022 | = | ◇ | ◇ | ◇ |
| 2018 | May 15, 2019 | = | ◇ | ◇ | ◇ |
Ask our research desk — $99, 24h, every figure cited to its filing.
Sample answer — “What is the CEO’s total compensation?”
- Dennis Woods (President & CEO), FY2024 total compensation $1,140,887 (base salary $727,350) [exec_comp, SEC accession 0001137547-25-000052, filed 2025-04-07]What this page does not include
Everything above is a fact United Security Bancshares disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where United Security Bancshares sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $500Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Inquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
94 figures on this page: 91 cited to the filing that reported them, 3 calculated from figures it prints.
91 cited to the filing
3 calculated from the filing
Documents cited
- 0001137547-25-0000755: For Against Abstain Non-Votes 12,179,734 104,157 37,121 — 5.
- 0001137547-25-000052
- 0001137547-24-000067Summary Compensation Table
- 0001137547-22-000020
- 0001628280-19-006922Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “United Security Bancshares executive compensation, FY2023–FY2024.” https://intel.velarion.ai/comp/UBFO (accessed 2026).
Short form: data: Velarion
The United Security Bancshares brief, $500
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $500 for the board report; $900 for both.
5 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Embed this data
A small, cited view of this data for your own page or newsletter. Every embed carries a visible link back here, so the attribution travels with it.
The headline figures, each with its citation.
Connect an AI assistant
Ask your own assistant about United Security Bancshares and roughly 3,000 other US public companies, and get back the same figures on this page with the same citations. Free read access, no account. Add this to your assistant's connector settings.
Peers United Security Bancshares discloses
The companies named in UBFO's own disclosed peer group.
Terms on this page
Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}