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 (Date of earliest event reported) September 9, 1998
UNITED SECURITY BANCSHARES INC
(Exact name of registrant as specified in its charter)
Alabama 0-14549 63-0843362
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
131 West Front Street
Thomasville, Alabama 36784
(Address of principal executive offices)
Registrant's telephone number, including area code (334) 636-5424
Not Applicable
(Former name of former address, if changed since last report)
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Item 5. Other Events
Jack M. Wainwright, III, United Security Bancshares President and Chief
Executive Officer of United Security Bancshares, Inc. (the "Company"), passed
away August 29, 1998. He was 53. James L. Miller, Chairman of the Board, has
announced that a Management Committee has been formed to be responsible for
the day to day operations of the Company until a new president is hired. The
Management Committee is comprised of (i) Larry M. Sellers, the Vice President
and Secretary/Treasurer of the Company and the Senior Executive Vice-President
and Chief Administrative Officer of First United Security Bank (the "Bank"),
the wholly-owned banking subsidiary of the Company; (ii) Fred L. Huggins, a
director of the Company and Chairman of the Board of the Bank; (iii) Robert
Steen, Assistant Treasurer of the Company and Executive Vice-President and
Chief Financial Officer of the Bank; (iv) Dan Barlow, a Director of the
Company and the Bank and Executive Vice-President of the Bank; and (v) Bill
Morgan, Assistant Secretary of the Company and Executive Vice-President of the
Bank.
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Dated: September 9, 1998.
UNITED SECURITY BANCSHARES, INC.
By: /s/ Larry M. Sellers
Its: Vice-President/Secretary/Treasurer
