United Security Bancshares shares rise 1.28% intraday after positive earnings reports and regulatory approvals.

United Security Bancshares rose 1.28% during intraday trading. The company's stock price increase may be attributed to the positive earnings report from Bancorp 34, Inc. for the second quarter, with Deutsche Bank maintaining a Buy rating and a target price of EUR 31. Additionally, the regulatory approvals received by CMUV Bancorp for the sale of assets and assumption of liabilities of Community Valley Bank to Frontwave Credit Union, along with the subsequent dissolution of the bank and company, may have contributed to the positive sentiment in the market.